R&D opportunity:
Open payments in human-centric dataservices and platforms
Internet Ledger Foundation 2023 Call for Proposals

Summary:
MyData Global is looking for one or more technology partners to develop a research anddevelopment proposal.
The proposed R&D will develop ideas for how internet ledger protocol can support openand secure payment for human-centric technology. The final product will be a dynamic
business plan, with an opportunity to access implementation funding.
Grant amountUp to $75,000 USD(with up to 25k allocated for technical development)

Timeline

6 months, beginning early 2024

Funded activitiesResearch and development to assess and evaluate thepossibility of a solution for open payments or financial
inclusion using the internet ledger protocol.

Thematic focus

Ideas and solutions for open payments and financial inclusion,
especially● Digital Wallet Service● Online Banking● ILP-enabled Software(any software enabled by the internet ledger protocol)

Deadlines

9 October (for expressions of interest to MyData Global)
21 November (for proposal to ILF)

Description
The Internet Ledger Protocol is “an open, neutral protocol for transferring money basedon TCP/IP, the protocol that defines the Internet. It was designed for sending
cross-border, cross-currency, instant payments,” and promoted by the Internet Ledger
Foundation.
This grant will fund research and development, to design a dynamic business plan for atechnological service or platform that will use the internet ledger protocol to facilitate
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open payments. Though technical development and prototyping is not required by thegrant, we would like to collaborate on a proposal with MyData members, to channel
resources towards development of mature solutions within the community. The staff ofMyData Global has been in dialogue with the managers of this grant, and believe it could
be a good fit for the work of MyData members.

ProcessIf you are interested in partnering with MyData Global on a proposal for this grant, please
send a short expression of interest to hello@mydata.global before Oct 9. Expressionsof interest should be brief (1-2 pgs), describing your idea for a technical solution, its
current state of development, the feasibility of collaborating with other MyData members
on your idea, and your availability to work on a proposal before the Nov 21 final deadline.
MyData Global will review the expressions of interest and inform all interested parties by
Oct 23 whether they are invited to join the preparation of a joint bid (and if not, why).

About MyData Global’s approach to collaborative fundraising
MyData Global is actively seeking opportunities to collaborate with members on
fundraising for projects that include a technical development component. We areprioritising this in order to● help MyData members to bring their technical solutions to life ,● to demonstrate the viability of human centric technology solutions and businessmodels, and● to secure funding that can be used to strengthen MyData Global’s core support toits members.
MyData Global will coordinate development and submission of applications and takeformal and legal responsibility for their coordination, but partners will play an active role indeveloping applications and implementing projects. MyData Global will pursue funding
opportunities with a minimum of €50,000 allocated to research and community support
by MyData Global.
All aspects of the application and implementation process will be approached in atransparent manner, providing full visibility to MyData members and promoting
outcomes, while respecting the IPR, trade secrets, and other reasonable and legal
confidentiality requirements of partners.
Questions are welcome, and can be sent to hello@mydata.org.
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