Intelligent CIO Europe Issue 40 | Page 52

COUNTRY FOCUS : SPAIN
place in November last year . This aims to complete development within the next few months , in order to rollout this solution in a real production environment in May 2021 . The companies participating in this concept test see great potential for all sectors .
At the present time , the demos function on one of the Alastria consortium ’ s Blockchain infrastructures ( Ethereum-Quorum ). This is a pioneer development in the use of the open-code libraries developed by the Alastria Identity Committee . In the months ahead , work will also be carried out on other aspects of technical implementation and use cases .
The project undertaken by these companies is a technological challenge that will bring Spain to the fore in terms of Blockchain and identity management , a basic issue in digital environments for both users and businesses .
The solution will also help fight attempted fraud and identity theft with greater efficiency .
Alastria ID , the basis of the initiative
This project is based on the Alastria digital identity model ( Alastria ID ). The company is the first multisector consortium , composed of 600 partners including large companies , SMEs , public authorities and academic institutions , which aims to establish a public permission-based Blockchain infrastructure , designed pursuant to Spanish and EU regulations .
Alastria ID has come about thanks to the cooperation of more than 100 members of this consortium , not only in terms of technical aspects and security , but also in legal terms , because Alastria brings leading digital technology lawyers into the design , to take account of all major regulatory aspects , particularly those concerning the General Data Protection Regulation ( GDPR ).
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