#FAME (Federated decentralised trusted data Marketplace for Embedded finance), the largest Fintech consortium in Europe, aims to create Europe’s largest decentralised data marketplace for the application of embedded finance models in different sectors of the economy. 💡
FAME will overcome the intrinsic limitations of centralised cloud-based marketplaces to demonstrate the full potential of the data economy. The platform, which will be accessible via OpenAPI, will operate in a federated cloud environment with multiple providers of different types of data assets, including datasets, AI/ML models, analytical insights and more.
Our project, consisting of more than 30 partners from 15 EU countries, will run seven pilot projects in different countries. The pilot will work on improving funding flows when a company receives public support, minimising many of the risks companies face when providing guarantees, collateral, co-financing or pre-financing as a condition for receiving funds.
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