Blockchain technology revolutionizes industry practices as we know them. Take advantage of this transformative technology.

Blockchain has the potential to drive profound, positive change. We are working closely with leaders from across a broad range of industries, governments, consortia, the academic community and our key technology alliances to move technology forward so that, ultimately, it can help to improve the way the world lives and works.

Our world-class Research & Development organization charts a research agenda, explores innovations and delivers client solutions that leverage the most promising emerging technologies and trends.

Legal

“Smart contracts” stored on blockchain track contract parties, terms, transfer of ownership, and delivery of goods or services without the need for legal intervention.

Government

Blockchain offers promise as a technology to store personal identity information, criminal backgrounds, and “e-citizenship,” authorized by biometrics.

Supply Chain

By utilizing a distributed ledger, companies within a supply chain gain transparency into shipment tracking, deliveries, and progress among other suppliers where no inherent trust exists.

Food

Using blockchain to store food supply chain data offers enhanced traceability of product origin, batching, processing, expiration, storage temperatures, and shipping.

Retail

Secure P2P marketplaces can track P2P retail transactions, with product information, shipment, and bills of lading input on blockchain, and payments made via Bitcoin.

Energy

Decentralized energy transfer and distribution are possible via micro-transactions of data sent to blockchain, validated, and re-dispersed to the grid while securing payment to the submitter.

Healthcare

Electronic medical records stored in a blockchain, accessed and updated via biometrics, allow for the democratization of patient data and alleviates the burden of transferring records among providers.

Insurance

Insurers face intensifying pressure to reduce administrative costs, an area where blockchain can make a big impact by modernizing fragmented legacy IT systems.  By improving efficiency, premium costs decrease as the need for auditing and authenticating data vanishes.

Travel & Hospitality

Passengers store their authenticated “single travel ID” on blockchain for use in lieu of travel documents, identification cards, loyalty program IDs, and payment data.

Real Estate

Blockchain serves as an escrow account, requiring all parties to confirm transactions. It eliminates the need for third parties, usually involved in the mix to ensure both parties honor their part of the contract. A shared, indelible ledger with codified rules also eliminates the need for audits.

Charity

Blockchain allows precise tracking of charitable donations and makes sure that money goes to the right place. Besides, all financial reports are publicly accessible, which also makes it easier for charity organizations to report on donations.

Luxury Goods

The permanent registry and verification assign tamper-proof individual identifiers to high-value products such as jewelry, making theft easily attributable. It also helps identify insurance fraud, which is a $60 billion industry in the USA.

Finance

Smart contracts allows companies to automate manually intensive processes and authenticate the exchange of value in ways that they never could before.

Manufacturing

Blockchain logs enhance safety. For instance, customers can track the components in their vehicle from an authorized manufacturer and if it has passed all recommended tests, increasing confidence, and reducing the risk of injury.

Automakers

In the case of defective products, blockchain makes it easy to pinpoint the source of a problem and make effective changes. For instance, blockchain production records allow tracing the place and time when a specific automobile airbag was made, allowing automakers to reduce their liability.

Clothing Manufacturers

The chain of logs ensures the authenticity of the product for the manufacturer and its customers. With transactions tracked from the origin, a duplicate product or an unauthorized transaction is immediately flagged as counterfeit or theft.

Education

Educational institutions utilize blockchain to store credentialing data around assessments, degrees, and transcripts.