BLOCKCHAIN

Delivering reliable and modification – proof information and services across distributed systems

The Venturiq Blockchain Solution

Consequently, Venturiq is equipped to combine its understanding of vertical – specific challenges, processes and drivers (for example, the need for accurate customer buying data in the Retail sector) with a demonstrable track record of utilising technology to address those vertical – specific challenges, processes and drivers.

 

Venturiq’s Process for Blockchain:

Workshop
Since “Blockchain” is a buzzword, which business leaders and IT buyers are interested to explore, the primary step the Venturiq takes is to engage in Workshops with client stakeholders, to answer pertinent questions:
1.Would Blockchain be beneficial to how the business delivers processes, or engages with customers?
2.How applicable is Blockchain to the client’s business?
3.What would the goals of Blockchain implementation be and how would Return on Investment be determined?
4.What would the challenges of Blockchain implementation be?

Competitor Analysis & Go To Market Plan
A key indicator of the applicability of Blockchain is how it is being applied or considered in a given market. This is particularly important, due to the combination of (i) the disruptive potential of Blockchain technology and (ii) the nascent adoption of Blockchain in key industry sectors. Fundamentally, those organisations that are not among the early adopters of suitably applied Blockchain technology, risk being left behind by those companies that implement Blockchain effectively.

Venturiq equips clients with insights into Blockchain adoption in their markets. On the basis of the most effective possible implementation of Blockchain in a specific market segment, either because, (i) there is an unapplied use of Blockchain that competitors have not yet capitalised on, which presents a head – start for the client, or because, (ii) early adopters of Blockchain technology in the market have identified a possible use of Blockchain that would be relevant to the client.

Proof of Concept
Based on the Workshop and Market Analysis, Venturiq’s team of Consultants work with clients and a select few users, in order to develop and test a Blockchain Proof of Concept. This is a basic form of a potential final product, with detailed feedback taken from users.

Full Development of Blockchain
Following on from a successful Proof of Concept, Venturiq develops a full form of Blockchain solution, in order that it addresses all challenges and opportunities at stake, whilst it is also tested in detail.

Integration of Blockchain
Once a fully developed and tested Blockchain solution has been approved by the client, Venturiq’s team integrates it into the client’s system, in order to ensure business continuity and improvement in both business processes, as well as customer engagement.

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