The need for a shared Business Blockchain Infrastructure

Actual Situation

Blockchain aims to create faster and cheaper value exchange around the globe, letting the companies to communicate and to make transactions in a new decentralized and distributed way, removing the need to deal with intermediaries.

Because Blockchain is a new technology on the market, many companies don’t have a direct access to these new and innovative technologies. Thus, having Proofs-of-Concept, good training or skilled Blockchain developers need an investment that most of these companies can’t afford. Also, Blockchain technology requires a new type of IT infrastructure and a new business model. In order to fill the gap between related business and DLT technology, we need a standard and universal approach based on open and public framework not only for testing but also for delivering live distributed applications.

The needs of companies don’t consist only of advisory and technology consulting services. A huge need for hands-on workshops and software development on this evolving technology is essential in order to increase knowledge, to engage customers, and to deliver new business models.

The next step

Making Blockchain infrastructure more affordable and accessible to business is the crucial step we need to make for broad technology adoption. Building the open Business Blockchain Infrastructure is a must in order to have a cheaper solution that would allow companies to take advantages of this new technology.

The Business Blockchain Infrastructure will deliver a feasible business model for distributed applications. This will provide a streamlined network that creates a reliable environment without an expensive setup, combined with a predictable operational cost. Connecting businesses with each other in a shared, distributed and decentralized network, can establish a foundation for faster and cheaper technology adoption. This will ultimately open the doors to the distributed applications to many businesses.

In order to make businesses grow into Blockchain technology, we need to stimulate and deploy the uptake of Distributed Ledger Technologies (DLTs) by providing a widely-used, open-secured Blockchain Infrastructure. With this, every selected member will receive the opportunity to test and deploy their own dApp. They will also become part of this infrastructure and will help to increase the security of this network.

This will provide new business concept. With the development and use of a Blockchain application, companies can reduce lead-time risks and deal with new challenges and opportunities to grow up in their industry.