Starting today, every company interested in developing services based on the blockchain technology can apply to the first Polish technological sandbox in order to test its ideas in the conditions of safe and efficient production environment. The new technological platform was launched thanks to the cooperation of KIR, IBM, the National Cloud, PKO Bank Polski, the Polish Financial Supervision Authority and the Fintech Poland foundation. The KIR's Digitalisation Development Foundation "Cyberium" functions as the coordinator and the social partner.
“Blockchain’s potential is immense. Even now, it is used by commercial banks in the form of the so-called durable medium. Launch of the blockchain sandbox is an important step in the direction of setting up a standard that will allow for accelerated implementation of innovations at our market. Our goal is to help with the use of technologies that are sufficiently universal to enable development of innovative solutions ready for implementation in practically any industry,”
says Piotr Alicki, President of the Management Board of KIR.
“Such large group of partners, with varied and very strong competence facilitates efficient project management and its further development. Thanks to this, as part of our blockchain platform, the participants will not only be able to test their solutions in a friendly and safe programming environment, but also receive valuable support from practitioners in every key area,”
says Jarosław Szymczuk, President of the Management Board of IBM Polska.
“Developing subsequent useful and commonly applied solutions based on blockchain is only a matter of time. Given the fact that we are the leader of the Polish financial sector, we engaged in building a durable medium service based on this technology and in the course of 2 years, we saved approx. PLN 20 million. In search for next practical applications, we are launching the sandbox, as part of which young companies cooperating with PKO Bank Polski will be able to use free cloud resources and business support. I strongly believe that new technologies are the basis of modern business,”
says Adam Marciniak, Vice President of the Management Board of PKO Bank Polski.
PKO Bank Polski is the undisputed leader of the Polish banking sector. After three quarters of 2020, its consolidated net profit amounted to PLN 2.02 billion and the value of assets was PLN 377 billion. The bank is the basic provider of financial services for all customer segments, achieving the highest shares in the savings market (18.4%), loans (17.6%), the leasing market (11.2%) and the personal investment fund market. physical (22.2 percent). With over 9.55 million payment cards, the bank is the largest issuer of debit and credit cards in Poland. Thanks to the development of digital tools, including the IKO application, which at the end of the third quarter of 2020 had over 5 million active applications, PKO Bank Polski is the most mobile bank in Poland. The Bank's strong position is strengthened by the companies of the Capital Group. Dom Maklerski PKO Banku Polskiego is a leader in terms of the number and value of IPO and SPO transactions on the capital market.