Fujitsu today announces a powerful new service to help customers accelerate the enterprise development of blockchain solutions – ensuring they meet strategic objectives from business, technology and legal perspectives. The new Fujitsu 360 Degree Blockchain Use Case Deep-Dive service tests critical viability, focusing on existing use cases and identifies the application components needed to build a production-ready blockchain application. It also identifies and provides routes to minimize risk exposure from any flaws and pitfalls in the use case.
Blockchain has the potential to create new business models and to transform businesses, through providing a new, permissioned approach for processing transactions. However, many blockchain solutions struggle to cross the chasm between identified potential use cases and production-ready solutions.
The new Fujitsu 360 Degree Blockchain Use Case Deep-Dive service addresses this weak point in the development of blockchain for enterprise, providing independent analysis and advice from blockchain experts. Customers gain access to unbiased, third-party expertise for examination of potential blockchain use cases, including the overall architecture, business and legal context, for identification of potential risks, and even for checking blockchain code. Co-creating with Fujitsu also provides opportunities to restart stalled blockchain projects, through the introduction of new code.
Frederik de Breuck, Head of Fujitsu’s Blockchain Innovation Center, comments: “Co-creation is in Fujitsu’s DNA. We work closely with customers to identify flaws, pitfalls and potential risks for each individual blockchain use case – with tactical and strategic guidance to reduce the overall risk and improve the production-readiness of customers’ plans. Customers gain the confidence that proposed blockchain solutions have passed critical viability and reliability tests. Any blockchain use case that doesn’t reach the required standards can either be stopped at an early enough stage, avoiding wasted time and money – or can be reinvigorated, thanks to Fujitsu’s deep blockchain know-how.”
Fujitsu Blockchain Innovation Center
The new 360 Degree Blockchain use case deep-dive service is provided by the Fujitsu Blockchain Innovation Center in Brussels, Belgium, which opened in the spring of 2018. The center also provides a complementary rapid blockchain productization framework, enabling the development of a Minimum Viable Product (MVP) in just five days. The Brussels center illustrates Fujitsu’s commitment to blockchain and other distributed ledger technologies as a means to revolutionize the way consumers and enterprises buy, sell and exchange goods and services and for organizations to transform their commercial and operational models. Fujitsu aims to develop blockchain beyond financial services – where it has already created widespread disruption to business models – as a new architecture for information systems and sectors of all kinds.
Fujitsu’s deep-dive blockchain offering
The overall Fujitsu deep-dive blockchain offering comprises four key stages: Workshop, Assessment, Report Preparation and Delivery, with agile project management techniques applied throughout. The initial workshop examines each potential use case in detail and is designed to enable consultants to gain a solid understanding of customers’ business challenges in the context of their overarching strategy. This is followed by a research and assessment phase where experts thoroughly examine all aspects of the potential deployment, from the application and business architectures to the smart contract and frontend code. Reviews typically take about five days.
All findings are compiled into a management report, which includes high-level design and sizing recommendations for the use case. Fujitsu draws on insights gathered from hundreds of blockchain projects to highlight the common pitfalls and offer solutions and recommendations. Finally, the report is presented to the customer, providing not only the full analysis of each aspect, but also recommendations and detailed next steps that enable them to proceed with confidence.