Paris: PikcioChain, the Blockchain-based exchange for personal data, has been integrated into BNP Paribas’ prestigious fintech accelerator run in conjunction with innovation platform, Plug and Play, at Station F, the world’s largest startup campus.
BNPP/PlugandPlay have welcomed PikcioChain into the programme’s Fintech cohort to further develop its innovative solution for the secure storage and exchange of valuable personal data.
“Over 400 businesses applied for a place on BNP Paribas’ fintech accelerator programme, so to have been one of the ten selected for a three month placement is a huge boost and confirmation of the quality of Pikcio’s Blockchain-based personal data solution,” said Didier Collin de Casaubon, CEO of MatchupBox, the company behind PikcioChain.
“We’ve been developing PikcioChain for over three years and are just days away from the launch of Pikcio Tokens. These tokens will hold the smart contracts that regulate data exchange within PikcioChain and also act as a means of monetizing personal data.
“With the launch in mind, there’s no doubt that the award of a place on the accelerator programme couldn’t have come at a better time for us.”
KYC and much more
During the three month placement, the team at Pikcio will work with BNP Paribas to develop a pilot project that solves a number of issues relating to the portability of data for KYC and customer onboarding purposes.
As a data portability solution, Pikcio is format-agnostic and is offered as a ‘plug and play’ platform that businesses can integrate quickly and easily into existing systems. This versatility means it is capable of being used for a wide range of situations and for various purposes beyond KYC.
“Pikcio’s flexibility means it can be used across industries and for purposes as diverse as KYC or medical data exchange, all the way through to the trading of data for marketing purposes,” said Didier Collin de Casaubon.
“It’s with this versatility in mind that we’re already talking to BNP Paribas about using PikcioChain in other applications across different business lines within the bank.
“Thanks to our proprietary Blockchain technology and our ‘use cases’ templating approach, we’re able to provide testable solutions that can be deployed very quickly, enabling our clients to scale up easily to cope with the complexity of the data they want to manage.
“As the EU’s GDPR regulations come closer to implementation in 2018, organisations in all sectors need to find solutions that can verify personal data, store it securely and at the same time, provide incorruptible audit trails. PikcioChain has been designed to do exactly this, and does it so well that it has caught the eye of the team at BNP Paribas.”
As well as the further development of Pikcio during the accelerator programme, Didier and his team have also been preparing for the launch of PikcioTokens (PKC) on 24 November. As PKC is not primarily designed to be a cryptocurrency, MathcupBox is also considering raising further capital through a traditional equity sale.
More information about PikcioChain and the upcoming launch of PKC can be found on the PikcioChain website and by joining the conversation on Telegram: Join the conversation on our Telegram group: https://t.me/joinchat/FnQXtxIUPkLYFKcSnD5JsA
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