Tech

Ed Drake

Fujitsu service will tell if your blockchain project will succeed—all in 5 days

Creating a proof of business for blockchain projects is a process that typically takes a long amount of time. Fujitsu, however, has launched a new platform that allows companies to see whether their distributed ledger plans will have commercial benefits in just five days.

Described as an “extremely rapid blockchain productization framework for customers seeking or refining digital transformation projects based on Distributed Ledger Technologies,” the platform markedly reduces the time and cost involved, both in new developments and in tweaking existing projects on the blockchain.

The Proof of Business framework begins with a week-long consultation, in which Fujitsu help establish the Proof of Business, before moving to the Proof of Concept.

According to Fujitsu, the service is designed to identify and remove the most common barriers to successful blockchain development and implementation before they become a problem. Frederik de Breuck, head of Blockchain Innovation at Fujitsu, said the new protocol would enable companies to be more adventurous in their work with blockchain.

“Blockchain and other DLTs hold the potential to transform organizations and entire industries. Inspired by high levels of interest from our customers, we have created this ready-to-go package not only to jump-start the customers’ blockchain efforts but also to review and improve existing projects. Available immediately across the EMEIA region, we expect this assessment to have a major impact on unlocking blockchain’s potential for business use cases,” de Breuck said.

Fujitsu has been one of the most proactive companies in the tech space regarding blockchain and distributed ledger technology.

The firm already holds over 50 blockchain patents, as well as being an influential member of the Hyperledger Consortium, an open source project comprised of over 100 companies working in collaboration to develop common standards for the commercial blockchain ecosystem.

With the launch of it’s latest offering in the enterprise blockchain space, the company is hoping to further secure its role in helping companies upgrade to distributed ledger technologies.

According to Fujitsu, the “five-day rapid productization program” starts at €9900, equivalent to approximately $11,600.

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