Progressive organizations are leveraging distributed ledger technologies to achieve sustainable business impact.
A GenesisB blockchain solution can help improve your bottom line by:
- Increasing efficiency by speeding up complex transaction processes
- Enhancing supply chain transparency and improving transaction integrity
- Eliminating the need for brokers or middlemen to validate transactions
- Lowering risk and uncertainty through shared mathematical consensus
- Reducing instances of loss or fraud by creating transparency through the supply chain
- Expanding the scope and scale of your trusted relationships to unlock new opportunities
- Improving regulatory compliance, including KYC and AML
- Improving network security through consistent cryptographic treatment of assets
Whether you’re dealing in products, services, information, or currency, streamline and secure your business processes with a GenesisB blockchain solution.
What is Blockchain?
A Decentralized, Immutable Ledger
A blockchain is a distributed electronic ledger of asset and transaction records stored on a decentralized network. Each record is stored in an immutable sequence of time-stamped and cryptographically encoded blocks, hence the name blockchain. Consensus is achieved algorithmically and once a record is committed, it is effectively permanent. Participants can all operate on the same private, or public blockchain to share information and conduct transactions on a global scale with guarantees of security, transparency, and integrity. The blockchain contains a true and verifiable, shared record of each and every transaction ever validated within the system.
“Blockchain is a transformative platform allowing enterprises to extend value throughout their ecosystem with unprecedented trust, security and efficiency.”
Peer-Peer PaymentsBlockchain facilitates peer-to-peer transfer of assets (monetary or otherwise) in a cryptographically secure, decentralized and trustworthy manner.
Supply ChainBlockchain provides a layer of transparency for complex supply chains, securely integrating IOT data, determining provenance and improving 3rd party settlements.
Fraud DetectionA blockchain can maintain a secure, immutable record of an entire product lifecycle, from manufacture to distribution, thus helping to ensure product authenticity.
Financial SettlementTransactions are processed by self-executing consensus mechanisms on the blockchain eliminating the need for 3rd party settlement costs and delays.
Smart ContractsSmart contracts on the blockchain allow for self-executing transactions to be automated with code, unlocking new capabilities for interdependent applications.
Loyalty ProgramsThe crypto-economic model that is native to the blockchain provides an elegant framework for creating and managing loyalty programs and virtual economies.
Regulatory ComplianceBlockchain’s immutable ledger is easily audited and can secure proof of process, and proof of ownership, helping to fulfill regulatory requirements such as KYC and AML.
Digital IdentityBlockchain’s decentralized records allows individuals to prove and control their digital identities and securely manage profile data at a granular level.
IOT SecurityIoT device identification, authentication, seamless secure data transfer and related business process automation are all efficiently enabled by blockchain technologies.
Rights ManagementBlockchains provide a definitive time stamped record of provable, traceable, IP ownership, which cannot be tampered with or altered.
RemittanceBlockchain can transfer assets and digital currency across international boundaries with near immediate settlement and robust security.
VotingBlockchains offer sophisticated, decentralized, cryptographically secure, consensus mechanisms, ideally suited to enforce tamper proof voting and governance.
Join the Blockchain Revolution
Blockchain is experiencing a prolonged wave of positive disruption across multiple industries, reframing the way business networks share access to assets and information.
Forward-thinking organizations seeking more secure, consensus-based systems to manage demand and supply-side networks require a trusted partner to help them to understand and capitalize on emerging blockchain opportunities.
“Blockchain is part of the decentralized shift towards the network’s edge, replacing inefficient 3rd party proofs with an elegant, mathematically derived alternative.”
GenesisB provides focused blockchain expertise, helping companies discover and realize the innovative benefits blockchain can provide. Grounded in strategy, we will help you plan, design and implement effective blockchain solutions for your enterprise.
Combining our broad blockchain expertise with a deep dive into your business and partner ecosystem, we identify relevant market, customer, and business insights, uncover current pain points and opportunities, and set the foundation for a winning blockchain solution.
Working with you to determine and prioritize key goals, partner and regulatory dynamics, consensus mechanisms, privacy and platform considerations, we design an initial product scope/roadmap and technical approach, and identify relevant KPIs that will ultimately define a successful project outcome.
User Experience Design
By crafting compelling user stories, detailed customer journeys, intelligent interactive models, and an appropriate design aesthetic, we ensure a deep customer engagement and a frictionless user experience for all participants.
Business Process Innovation
To create a meaningful blockchain solution for you and your ecosystem of business partners, we detail the important elements of your business process to address the complexity of trust, consensus, data privacy, and technical partnership required for mutual success. This exercise ensures all stakeholder requirements are understood, documented, and realized.
Whether working on a proof of concept or building production systems, we collaborate with stakeholder technology teams to configure blockchain infrastructure, including implementation of network requirements, consensus algorithms, privacy and data considerations, smart contract development, and integration of relevant external components, in order to ensure a secure and performant blockchain solution.
How we work
Your blockchain solution will be an important new source of operational and performance data with the potential to deliver substantial insights into your business operations and partner relationships. We will work with you to determine the best way to extract meaningful value and create actionable insights from this new data set.
We are strong advocates of the Agile test and learn methodology, which starts with valid proof points and demonstrates early value. We have honed our process through decades of custom software design and engineering experience. We focus on quick wins, achieving an exceptional, viable product (EVP) and a process of meaningful feedback towards rapid advancement and optimization.
A typical blockchain network requires shared infrastructure between partner organizations and, like any sophisticated system, requires proper maintenance and performance management. Optimize your network through continuous monitoring, insightful analytics, and user feedback with periodic iterations to your blockchain solution to improve adoption and effectiveness.
Over 100 years of collective digital strategy & technology services leadership. With an exclusive focus on enterprise blockchain solutions, we are laser focused on achieving maximum results.
Delivery & Operations
Join our growing team
GenesisB is a fast-paced, innovative, inclusive and diverse organization. We aspire to create exceptional opportunities for growth and transformation. If you are keen to join the best and brightest consultants in the blockchain ecosystem, give us a shout!
“As markets continue to strive for technological transformation, blockchain has emerged as a fundamental solution for freeing capital to pursue greater revenues and profits.”