{"id":2205,"date":"2019-11-28T16:06:00","date_gmt":"2019-11-28T14:06:00","guid":{"rendered":"https:\/\/www.blocktac.com\/?p=2205"},"modified":"2019-11-29T00:07:11","modified_gmt":"2019-11-28T22:07:11","slug":"blocktac-has-been-awarded-with-a-e-250-000-grant-from-the-neotec-program-to-further-develop-its-blockchain-technology-to-extend-it-into-the-realm-of-the-internet-of-things","status":"publish","type":"post","link":"https:\/\/www.blocktac.com\/en\/press-releases\/blocktac-has-been-awarded-with-a-e-250-000-grant-from-the-neotec-program-to-further-develop-its-blockchain-technology-to-extend-it-into-the-realm-of-the-internet-of-things\/","title":{"rendered":"BlockTac has been awarded a \u20ac 250.000 grant from the NEOTEC Program\u00a0to further develop its Blockchain technology to extend it into the realm of the Internet of Things."},"content":{"rendered":"

The Project, codenamed \u201cBlockchain of Things – BoT<\/i><\/span><\/strong>\u201d, is aimed to develop a family of disposable, cheap, autonomous hardware devices that automatically grabs data from the real world and stores it in a public or private Blockchain.<\/span><\/strong> <\/span><\/p>\n

In this way, two of the most advanced technological fields arising today (Blockchain and IoT) will become linked, allowing so the use of Artificial Intelligence tools to analyze the patterns. The devices will permit the use of different types of configuration profiles, depending on the origin of the data, frequency, maximum cost-of-operation and other parameters.<\/span><\/p>\n

Blockchain of Things – BoT<\/span><\/i> from <\/span>BlockTac<\/span><\/i> becomes the missing link between Blockchain, IoT and AI. The extensive experience of <\/span>BlockTac<\/span><\/i> with Blockchain technologies, and the success proved in the management of massive amounts of data inside blockchains has been a major consideration in this grant.<\/span><\/p>\n

BlockTac<\/span><\/i> is a Spanish startup company founded in 2018 with an impressive track record and growth in the use of Blockchain in Fast-Moving Consumer Goods (FMCG) industries. In its less than two years of life, this company has been awarded with a <\/span>Horizon 2020<\/span><\/i> from the <\/span>UE<\/span><\/i>, diverse prizes and distintions (<\/span>Cuatrecasas Acelera<\/span><\/i>, <\/span>Startup<\/span><\/i> Expansion<\/span><\/i>, <\/span>Expoliva<\/span><\/i>, <\/span>Shenzhen Innovation & Entrepreneurship International Competition<\/span><\/i>) and has appeared in numerous events (<\/span>MWC Barcelona<\/span><\/i>, <\/span>MWC Los Angeles<\/span><\/i>, <\/span>Brand & Retail Experience World Congress, Istambul Fintech Week <\/span><\/i>and others).\u00a0<\/span><\/p>\n

BlockTac<\/span><\/i> has been accelerated by <\/span>Cuatrecasas<\/span><\/i>, a leading Spanish Law firm, and is currently running its first public funding round in the UK, through <\/span>Crowdcube<\/span><\/i>.<\/span><\/p>\n

BlockTac<\/strong>\u00a0relies on Blockchain technology to provide inviolability, immutability and open verification for all its digital certificates and seals. It is founded on experienced professionals in Internet technologies and management. Our customers include Universities, Business Schools, Professional Associations, food and consumer product companies in Europe and Latin America.<\/span><\/h4>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Project, codenamed \u201cBlockchain of Things – BoT\u201d, is aimed to develop a family of disposable, cheap, autonomous hardware devices that automatically grabs data from the real world and stores it in a public or private Blockchain. 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