Overview

Supercharge your Digital Transformation Journey with Blockchain

Blockchain is a trusted distributed ledger having a shared set of business processes across all the members of the business network. It offers shared ledger technology that allows any participant in the network to see the one system of record, or ledger. Blockchain provides the basis for a dynamic shared ledger and saves time when recording transactions between parties, removes cost associated with intermediaries, and reduces risk of fraud and tampering. Blockchain enhances transaction networks by enabling businesses to benefit from a more efficient transfer of goods and services.

HTC can support every step of your blockchain adoption with discovery workshops. Our discovery workshops will focus on your business problems. This will help easy adoption, integration, and realization of blockchain. Although blockchain holds great promise, the current blockchain technology offerings are emerging and underdeveloped. Therefore, it is imperative to experiment and explore. To ensure successful blockchain project, the focus would be on your business problem and not on technology solutions. Our blockchain discovery workshops will enable you to:

• Understand blockchain and its strategic implications
• Gain a comprehensive overview of blockchain capabilities
• Learn and apply blockchain technology in your organization
• Provide insight to jump start blockchain projects
• Define goals, projects, and possibilities
• Get hands-on experience with blockchain technology
• Learn from real use cases and case studies (for Customer Engagement, Underwriting, Claims, Smart Contracts, Identity Management, Risk, to name a few)

The other phases subsequent to the discovery workshop include assessment, customized solutions and services, and managed services to meet your talent requirements.

Key benefits of Blockchain:

• Quicker and secure transactions with cheaper transactional costs with no point of failure and each transaction verified within the network using independently verified complex cryptography
• Auditable as each transaction is recorded sequentially and indefinitely, provides an indelible audit trail for the life of an asset even between parties with all parties agreeing to network verified transaction
• Easily traceable, since it supports tracking where the components are currently residing
• Transparent details of transactions with each party
• Privacy ensured with appropriate visibility and secure, authenticated, and verifiable transactions

Business benefits of Blockchain:

• Saves time
• Eliminates overheads and cost intermediaries
• Minimizes risk
• Enhances trust through shared processes