Compellio SA is a deeptech company headquartered in Luxembourg providing global infrastructure components for bridging the gap between web2 and web3 computing.
Using our patented technology for interoperability, we work with public and private organisations in driving blockchain and web3 technologies across multiple industries.
Our customer portfolio consists of development teams, companies of all sizes, public bodies, and international institutions.
Compellio’s team has the technical/business skills and experience to manage the lifecycle of complex IT projects and bring novel solutions to the market.
Compellio is also an accredited research organisation and has performed cutting-edge research with MIT Connection Science.
We have worked on multiple RDI projects and we always maintain an open collaboration spirit for crafting synergies with startups, corporates, academia, and public admins in order to advance the state-of-the-art in internet engineering.
So far, the lack of harmonised approaches in decentralised technologies has created large fragmentation in service design approaches.
As a result, interoperability is addressed ad hoc by ununified bridge and oracle methods, a fact that hinders scalability, slows adoption, and limits inclusion.
By providing a framework to overcome these challenges, we aspire, on the one hand, to contribute to the optimisation of the current use of human, technical, and financial resources, and on the other hand to unlock new technological capabilities that can strengthen our clients' innovation and commercial edge.
On the interoperability front, the exchange of assets across decentralised networks is a critical challenge with more than $2 Billion lost already in 2022 in malfunctioning bridges [1] built in an ad hoc manner, while during 2020-2023, almost $1 Billion has been exploited due to oracles manipulations [2] that are prone to serious limitations [3] and risks [4].
Moreover, the emergence of automated machine-to-machine operations and AI-based decision-making, as well as the upcoming arrival of Central Bank Digital Currencies (CBDCs) as a means for cross-border exchanges based on decentralised technologies, present major opportunities for web2-web3 interoperability.
With these goals in mind, our end-to-end tokenisation platform has been designed to offer novel interoperability capabilities with heterogeneous centralised and decentralized systems, in order to augment the resilience of IT systems, without the complexity of smart contract programming or related bridge/oracle risks.
In the current cyber-driven world where humans, machines, and software interact constantly, it is our duty as IT companies to create trusted sources of information, reinforce the authenticity of data, better secure software, and support the protection of critical infrastructures.
According to Custom Market Insights [5], the Blockchain Technology Market size was estimated at approximately $5 Billion in 2022 and is expected to hit around $69 Billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 68% from 2023 to 2032.
In its recent report (June 2024), McKinsey projects that the total tokenized market capitalization across asset classes could reach around $2 trillion by 2030 [6].
In this rapidly expanding value space, we are committed to pushing the frontiers of interoperability and facilitating concrete business-added solutions that tackle real-world challenges.
[1] M. G. Santillana Linares, "Over $2 billion stolen this year in blockchain bridge hacks expose DeFi's Achilles' heel," Forbes (August 18, 2022)
[2] Binance Research, Oracle-less: Challenging the status quo (Accessed: September 9, 2024)
[3] Bank for International Settlements, BIS Bulletin No. 76 (April 2024)
[4] S&P Global, Utility at a cost: Assessing the risks of blockchain oracles (Accessed: September 9, 2024)
[5] Custom Market Insights, Blockchain technology market report (Accessed: September 9, 2024)
[6] McKinsey & Company, From ripples to waves: The transformational power of tokenizing assets (June 20, 2024)
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