Success Story 17. INFINITECH and FAME - Standardisation in Financial and Insurance Technologies [Project: INFINITECH & FAME; Expert: Marga Martin Sanchez]

This document presents the INFINITECH and FAME Project experience with HSBooster.eu services

INFINITECH and its successor project, FAME, recognised the importance of standardisation to ensure interoperability, security, and scalability within financial and insurance technologies. INFINITECH, focusing on areas such as blockchain, privacy, and AI-powered solutions, required support to validate its progress and align its innovations with existing standards. As the project was in its later stages, there was a need to identify relevant standardisation opportunities and effectively communicate results to technical committees and stakeholders.
FAME expanded upon INFINITECH’s achievements, aiming to establish a federated, secure, and energy-efficient data marketplace for embedded finance. This involved leveraging lessons from INFINITECH, such as its blockchain infrastructure, while introducing new features like DataOps and MLOps solutions. Standardisation support was needed to align these innovations with key standards in  Artificial Intelligence, Decentralised Identifiers and Verifiable Credentials.

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