Billon Group and IEEE Poland Section to secure achievements of young engineers on distributed ledger technology
(Warsaw/London, September 28, 2020) A mobile 3D mapping robot, a cooking recipe generator, an IoT weather system and other winning ideas will be immortalized on blockchain as Billon and the Polish section of IEEE engineering association recognize winners of a national competition for young engineers from Polish technical universities. Winners will receive their special diplomas at the IEEE Day online award ceremony September 29, 2020.
Billon sponsored the third edition of the IEEE Diploma competition, organized at thirteen technical universities across Poland. The competition awards diploma theses with the most innovative and ready-to-use ideas in fields including computer science, bioinformatics, automation and robotics, telecommunications, electronics, and electrical engineering.
“The IEEE Polish Section Diploma Competition is an excellent example of supporting technological innovation and excellence for the benefit of humanity. The IEEE Diploma competition fosters cooperation between scientific institutions and companies, which has been one of the main development goals for the European Union for several years,” says Dr. Marcin Ziółek, industry relations officer in IEEE Poland Section.
“The competition evaluates the possible implementation of the presented idea, its topicality and quality. The IEEE diploma is an expression of the highest recognition and a symbol of cooperation between academia, business and the Polish Section of IEEE,” adds Dr. Katarzyna Wasielewska, competition coordinator.
As a competition partner, Billon will immutably store digital versions of winners’ diplomas on its blockchain, providing an immutable record of the recipient's success that will be accessible for years to come. This is the first practical and real-life implementation of Billon's solution for publishing high-value documents and credentials on distributed ledger. Saving entire documents on blockchain prevents forgery and falsification, so their holders can easily prove their credentials to interested parties like future employers.
Billon also gives winners an opportunity for a paid internship in the company. “We invite young IT specialists and engineers to kickstart their career at Billon and work on the breakthrough distributed ledger technology secured by state-of-the-art cryptography. We hope they will stay with us for even longer and leave their marks on developing this technology that can change the whole world of payments and data exchange,” says Wojtek Kostrzewa, CEO of Billon Group.
Billon’s capabilities for trusted document management are already used by BIK, the largest credit bureau in the CEE, in a blockchain solution for banks which enables them to store and send client-facing documents while meeting regulatory requirements of a durable medium of information. A few months ago, the British-Polish fintech began tests of storing client contracts on blockchain for the energy company Tauron. In those projects Billon cooperates with the Polish branch of Microsoft which offers Azure cloud infrastructure for hosting blockchain nodes.
Billon created a DLT protocol and system specifically for tokenizing and transacting national currency and processing sensitive data in compliance with regulations, thus unleashing the transformational capabilities of blockchain technologies in the regulated world. Billon’s underlying protocol was designed for high throughput levels and low cost of maintenance in a range of environments. The system supports clients developing their own enterprise-grade applications in areas of Accounts & Transactions, Trusted Documents, and Identity & Data Sharing.
Billon Group Ltd. was founded in the UK in 2015, following several years of R&D in Poland. Its unique DLT protocol has been supported by many R&D grants, including the EU Horizon 2020 program. Billon is licensed to issue electronic money by regulators in the UK and Poland. Billon’s growing client list includes leading companies such as FIS, Raiffeisen Bank International and BIK (the Polish credit reporting agency). Billon has offices in London and Warsaw.
IEEE (Institute of Electrical and Electronics Engineers) is the world's largest professional technical organization with over 400,000 members, enjoying the highest prestige in the field of electricity, electronics, automation, IT and related field s. The main goal of the IEEE is to support the development of technological innovation and excellence for the benefit of mankind. The mission of IEEE is to be of high importance to the global technology community around the world and universal recognition for the contribution of technology and technical professionals to improving global conditions.
IEEE has 333 sections in 160 countries grouped into 10 regions. IEEE operates in the area of 39 separate scientific and technical fields, issuing 160 titles of specialist journals of the highest scientific and technical rank. IEEE has the world's largest, multi-million database of scientific and technical articles constituting the basis for the development of technology in the world. Each year, IEEE sponsors over a dozen thousand scientific conferences, undertakes activities to activate students, graduates, women, universities and industry, and establishes cooperation between scientific institutions and companies. Finally, IEEE has thousands of norms, standards and developed patents, such as the IEEE 802.11 wireless network standards.
The IEEE Poland Section has over 1000 members, sponsors about 20 scientific conferences each year, and supports students, graduates and women in the technology industry.
For more information, visit ieee.pl.
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