Development of product innovation S.G.M. applicable to the cryptocurrency systems.

The innovation developed under the project is a product - an innovative software for management and optimization of mining crypto currency using a programmable logic to change the encryption algorithm by a number of factors. The innovation is called the Smart amp; Green mining hub (shortly S.G.M.). Innovation is a novelty in the global market and as a result of the development will be created a prototype - alpha and beta version of the software S.G.M, which will be tested and demonstrated in the relevant environment. Innovation falls within the thematic area "ICT and Informatics" from the Innovation Strategy for Smart Specialization. The objectives of the project will be implemented through: - conducting research, testing, measurements necessary to develop innovation; - Prototype creation - alpha / beta version of S.G.M. software; - Acquisition of tangible and intangible assets necessary for the implementation of innovative development, as well as the appointment of a team of experienced specialists as a project team. The effect of the implementation of the project is to increase the innovation capacity of the applicant enterprise and to increase it of the development potential based on innovation and development.

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Overview

Status Closed (completion date)
Start date 26 Feb, 2019
End date 22 Oct, 2020
Contract date 26 Feb, 2019
View in UMIS

Financial information

Total cost 889,300.00
Grant 461,810.00
Self finance 427,490.00
Total paid 460,457.00
EU participation percent 85.0%

Location