Blockchain-based invoice factoring: From business requirements to commitments

Funding

∗This work has been partly supported by the European Union through the European Institute of Innovation and Technology - EIT Digital under Task 18213 UNBIAS in the 2018 Action Plan (UNITN was involved in: Task 18213-A1802 - Activation of Community/Pilot preparation; Task 18213-A1803 - Design of security and privacy mechanisms; and Task 18213-A1804 - Platform development). We would like to thank R. Hoeksma, G. Kuper, R. Rajani and other members of the UNBIAS team for many useful discussions. Order of authors is alphabetical. EB provided a broad overview of the factoring business in Europe and Italy. FM and PS captured the business requirements for the protocol and its ideal functionality, FM and CNN devised the security protocol. Cassa Centrale Banca and the European Union are not responsible for any claim stated in this paper which remains with the authors.