Blockchain

Our blockchain capabilities: 

Blockchain has the potential to shift the onboarding and management of trust from an expensive, manual process to an automated, scalable service. Our member firm accomplishes this by using blockchain to provide an API for the on-boarding and management of identity and trust.
This blockchain ‘Plug’ is built to integrate seamlessly into current legacy systems. The system can also run its own blockchain or integrate with one of the many public blockchains. This way, businesses can deploy safe, secure and scalable blockchains without the costs and risks of reprogramming existing public blockchains. They also have an experienced consulting team to help guide your development of blockchain projects.

It is in the nature of this areas that client confidentiality is vital therefore we cannot disclose details of client case studies but their sector experience encompasses the following areas amongst others:

Pharmaceuticals

Specialist anti-counterfeiting product has introduced accountability and security into complex pharmaceutical supply chains. The combination of blockchain and Near Field Communication (NFC) technology enables clients to ensure the integrity of medicine – from manufacturer to customer.

When NFC technology is utilised, an individual has custody of the item at every stage of the supply chain. If a breach occurs, the NFC tag will be broken and will no longer be able to verify its identity. It will be evident where, in the supply chain, a breach has occurred and who is accountable.

Government Engagement

Our member firm have advised and worked with a number of UK public sector bodies on their blockchain strategy and internal solutions. This work includes: contributing to papers distributed by Select Committees… sitting on boards to decide how to adopt blockchain within government services (such as tax, policy)… and engaging in R&D projects.


In addition, the team have worked with non-UK governments in development-heavy projects. For example, their experts regularly speak at the EU Parliament and advise international governments on methods of employing blockchain within their internal services

Energy

Our member firm have developed an electric vehicle charging solution enabled by blockchain technology. By assigning unique identities to cars and charging points, the system was able to determine the relationship between the individual and the charging point – establishing exactly where the cost should be assigned.

Banking

They have worked with a collection of major UK banks to address the challenges facing the banking industry. The projects have included advising on Open Banking, the future of banking, re-architecting back-end infrastructures with blockchain technology and co-authoring a number of critical industry papers.

Legal

Experts in blockchain consulting have delivered sessions with partners of London’s ‘magic circle’ law firms as well as London-based and international law firms acting in the space.

Consulting sessions have covered a whole range of issues – such as where blockchain will be applied…how it will affect the legal industry… which clients it will affect… and why.

For example, sessions explore popular themes such as cryptocurrencies, ICOs, smart contracts and many other topics that law firms see as issues to their practice

Luxury Goods

They have even developed a product in conjunction with a luxury watch consortium and a Hong Kong-based company to ensure the legitimacy of luxury watches in secondary markets.

The solution involves tracking physical luxury goods using ultra-thin NFC (Near Field Communication) tags and storing information on a blockchain database.

This solution is a totally trustworthy preventive measure within a luxury goods industry plagued by counterfeit goods. It addresses the complex supply chains involved in selling goods in a secondary market where high-value items repeatedly change hands.

Below are our recent articles on blockchain. We’re happy to arrange direct connections to these specialist firms for prospective clients, simply contact us here.

Some of our recent articles on Blockchain:

Read – Blockchain – The Internet of Trust – and why you need to start now! here.

Want to read more?

You can find all our articles here.

MORE INFO
FOLLOW
IN TOUCH
© 2020 Clustre, The Innovation Brokers All rights reserved.
  • We will use the data you submit to fulfil your request. Privacy Policy.

Newsletter Signup

  • Every month we produce a really interesting newsletter that keeps you "in the know" with innovation trends - if you would like to receive a free copy, simply signup here?