Billon Platform

type
ID Project
Status
Launched
Country (HQ)
Announcement
2023
Launch
2023
Mission Statement
Source
To become the backbone for all kinds of enterprise applications and unleash the transformational capabilities of blockchain in the regulated world [...] we re-engineered the underlying protocol to be low-cost, high-performance, and regulatory compliant - all while being an open network.
Summary
Source

The Billon Platform is a permissioned Layer 1 blockchain protocol designed for enterprise use cases combining digital identity, document management, and regulated digital currencies. Launched in 2023, the platform implements a unique Self-Sovereign Identity architecture where users maintain control of their private keys and data through client-side encryption. The system uses a cooperative proof-of-stake consensus mechanism with heterogeneous nodes that can run on mobile devices, enabling a distributed architecture that claims to be more energy efficient than traditional blockchain systems.

Key technical features include on-chain document storage, a multi-issuer model for managing different asset types, and embedded compliance controls for KYC/AML at the protocol level. The platform supports both sovereign and self-sovereign identity constructs, with private keys stored on users' devices. Notable implementations include credential issuance for Kielce University of Technology in Poland and selection as one of three protocols for the Reserve Bank Innovation Hub in India. The platform is also participating in the European Blockchain Services Infrastructure (EBSI) initiative for cross-border public services.

The system architecture emphasizes regulatory compliance while maintaining high performance, with independent tests showing throughput of 160 million transactions per day. Integration options include REST and SOAP APIs for enterprise systems, with deployment available both on-premise and as a hosted service. The platform implements eIDAS 2.0 standards and provides built-in support for PAdES and XAdES document signing standards. While primarily focused on enterprise and institutional use, the platform maintains an open network model where end users can access services through self-service interfaces without requiring direct IT integration.

Funding(6)

Technology(6)

Tech Stack Self Description
Source
Billon provides both technological solutions and our data-focused blockchain protocol, which supports Web 3.0 and holds a world record for energy efficiency, streamlines business operations and enhances cybersecurity. By replacing traditional IT systems with our L1 protocol, you can enjoy seamless processing of data, documents, identity, tokens, and money for increased security, automation, and customer trust. Our solution integrates public and private on-chain data, compliant with GDPR, and includes digital cash and assets meeting high compliance standards.
Credential profile data is sourced from the Open Wallet Foundation digital-wallet-and-agent-overviews-sig project, licensed under the Apache License 2.0
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No credential profile data found. If you maintain this project, we urge you to visit the OWF Digital Wallet and Agent Overview SIG now and submit your specs and participate to foster global interoperability!
Use-cases
Source
Holders
Yes
Issuers
Yes
Verifiers
Yes
Technology
Source
SSI Technology
Yes
Endorses/Uses ZKPs
Yes
Has exportable Credentials
Yes
Credential and Key Storage
Yes
Blockchains/Verifiable Data Registries
Source
DID Methods
Specification
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Management(16)

Persons of Interest
Role
Source
Chief Visionary Officer
Chief Technology Officer
Co-founder
Chief Operating Officer
Chief Commercial Officer
Chief Legal Officer
Chief Risk Officer
Non Executive Director
Non Executive Director
Non Executive Director
Chief Executive Officer
Chief Financial Officer
Board Member

Regulations and Standards(2)

Standards Used
Source

Relations(16)

People(0)

Affiliated Person
Role
on behalf of
Source

Products(10)

Products
Source
targeted industries
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Geographic Focus
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Links(8)

Inclusion Criteria

A1: Uses DID, VC or KERI/ACDC
Source
meets criteria: No
A2: Claims to be SSI
Source
meets criteria: Yes
B1: Received Government Funding or Endorsement
Source
meets criteria: Yes
C1: Has Well Known Partners
Source
meets criteria: Yes
D1: Project Announcement Date
Source
meets criteria: 2023

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