TECH OFFER

Low Code Blockchain Platform-as-a-Service for Rapid Blockchain Development

KEY INFORMATION

TECHNOLOGY CATEGORY:
Infocomm - Blockchain & Other Distributed Ledgers
TECHNOLOGY READINESS LEVEL (TRL):
LOCATION:
Singapore
ID NUMBER:
TO098900

TECHNOLOGY OVERVIEW

The core technology is a low code Blockchain Platform-as-a-Service (BPaaS) that enables quicker and more cost efficient blockchain application development and delivery at scale.

The technology can be considered a tool that abstracts away the complexity of blockchain technology and enables any developer to easily build blockchain based applications or integrate blockchain functionality into their existing solutions and business operations.

TECHNOLOGY FEATURES & SPECIFICATIONS

The core of their technology is a chain-agnostic node-wrapping enterprise-grade middleware which includes a suite of APIs, developer tools and frameworks required for development of blockchain based applications and their integration into existing solutions.

It encapsulates years of R&D on the technical, operational and organisational aspects of blockchain technology. The technology is packaged in fully documented APIs, micro-services, browser components and templates.

The technology helps strips away blockchain complexity and provides developers with the building blocks required to build full stack applications.

POTENTIAL APPLICATIONS

The technology allows for the development and deployment of blockchain use cases from all industries.

The tech company have worked with governments and MNCs to deliver blockchain based supply chain, banking, trade finance and asset tokenization use cases; all of which are readily available as working smart contracts on the platform.

Digital transformation experts/system integrators who wish to get into the blockchain industry but do not have the knowhow may leverage on the technology and instantly become blockchain solution providers.

Market Trends & Opportunities

Gartner estimates blockchain will generate $3.1 trillion in new business value by 2030.

While interest and demand for blockchain is booming, there is a lack of capability and availability of blockchain skilled manpower to support its implementation.

The technology offered by the company is intended to enable companies in realizing their blockchain ideas, by utilising this low code technology to bridge the skill gaps needed for development and deployment.

Benefits

Easily deploy preferred blockchain protocols on the cloud of choice; develop any blockchain use case for all industries and integrate with existing systems all on one single platform.

Potential tech seekers will have access to out-of-the-box smart contract templates that are 80% ready for real world applications e.g., asset tokenization, supply chain tracking, trade finance, etc.

Develop and deploy blockchain solutions in just 1~2 months.

Users have the freedom to choose their prefered blockchain protocol (Ethereum, Corda, and Hyperledger Fabric) and cloud provider (e.g., GCP, AWS, Azure) or even on-premise and will never be vendor locked.

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