Beyond Crypto – How Blockchain Advances in the Enterprise
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All the vital news, analysis, and commentary curated by our industry experts.
Enterprise Blockchain Report Overview
Enterprise blockchain is a “permissioned” blockchain and is made up of encrypted records (blocks). They are chronologically arranged and serve as a singular information source across a distributed network. The data within the network is accessible to a small group of network members. Security, traceability, transparency, and efficiency are the key benefits of blockchain.
Blockchain Value Chain Analysis
Buy the Full Report for More Insights into the Value Chains of Blockchain
The “Enterprise Blockchain” innovation radar report includes a comprehensive overview of the technology including a thematic framework and value chain analysis. It also provides use cases for each sector of enterprise blockchain. Furthermore, the report discusses the challenges that hinder the adoption of enterprise blockchain.
Key Sectors | · Aerospace & Defense
· Mining & Metals · Automotive · Packaging · Construction & Real Estate |
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Key Innovations by Sectors
The report offers key use cases of enterprise blockchain in several sectors including aerospace & defense, mining & metals, automotive, packaging, construction & real estate, among others.
Aerospace & Defense: SkyThread, a California-based, blockchain-enabled data network startup, launched a blockchain SaaS solution called ‘SkyThread for Parts’. The blockchain solution captures and traces all aviation part occurrences, both on and off aircraft, from manufacturing to decommissioning. The solution eliminates commercial aviation waste, inefficiencies, and delays, which are primarily caused by limitations in manually transferring part history data between compartmentalized systems.
Automotive: New Jersey-based startup Blockedge Technologies, unveiled a blockchain solution for inventory management in the automotive industry. The platform uses blockchain smart contracts to ensure that the entire process of inventory, part orders, and equipment receipts can be tracked with greater accuracy.
Packaging: Saudi Arabian chemicals manufacturer Saudi Basic Industries Corporation (SABIC) has established a pilot project to investigate how blockchain technology can enhance circular feedstock end-to-end digital traceability in consumer goods. For the blockchain pilot project, it has teamed up with the British technology startup Finboot, the advanced recycling business Plastic Energy, and the Portuguese packaging specialist Intraplas.
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Segments Covered in the Report
Enterprise Blockchain Sectors Outlook
- Aerospace & Defense
- Mining & Metals
- Automotive, Packaging
- Construction & Real Estate
- Pharmaceuticals & Healthcare
- Others
Scope
Innovation Insights: innovation examples by each use case segment of various sectors to present key trends.
Key Highlights
Innovations: presents real-world innovation use cases and examples related to the implementation of enterprise blockchain by companies across sectors. It casts light on how blockchain-enabled innovations are developing use cases that are transforming operations and processes within enterprises across the sectors.
Reasons to Buy
- No surprise that technology has been a driving force in business transformation for years, but the term ‘emerging technologies’ has all of the sudden become the key catalyst to drive the next wave of innovation across sectors.
- The sense of urgency weighs differently across different sectors, where the direct customer-facing sectors are at the forefront compared to other capital-intensive sectors. Companies in one sector can take cues from successful innovations in other sectors to either draw analogies with existing products, services, and processes or transfer strategic approaches for a revolutionary transformation.
- Against this backdrop, enterprises need to understand which emerging technologies are impacting their sector and how various companies are implementing them to meet various challenges.
- The innovation landscape report on edge computing, published by GlobalData as part of an ongoing series, covers some real-world examples to advance the development and implementation of the technology across some major sectors.
Accenture
Aculys Pharma
Alectra
Algorand Foundation
Alshawamikh
Altenex Energy
American Express
AmerisourceBergen
Assembrix
Australian Wool Innovation
aXedras
BASF
BEAMIT, Being
BHP
BitGo
Blockedge
BYFIN
ChemChain
China Minmetals
Circularise
Circulor
CMIC
Coinweb
Coldwell Banker
Cryptosat
Dainippon Printing (DNP)
Data Gumbo
De Beers
DigiVault
DLT Labs
EGridd
eMission Software
ENEDEX
EOS
Equinor
Ethereum
Everledger
Evonik
Finboot
Fireblocks
FlexiDAO
Frontech
Fujitsu
GainForest
Gazpromneft
HBAR Foundation
Hedera Hashgraph
Human Unitec International
Hyperledger Fabric
IBM
Identiv
Intraplas
Jaguar Land Rover
K8iu System Solutions
KRAHN Chemie
Kyon
Lavita
Ledger Vault
Lockheed Martin
Merck
MineHub
Mitsubishi Chemicals
Mitsui Chemicals
Nexo
Nomura Research Institute
OTACA Tequila
Paystand
Quorum
R3
Rare Carat Partners
Rarify
Realbox
Refinverse
Responsible Gold
Responsible Mica Initiative
RootAnt Global
SAIC-GM-Wuling
SAP
Saudi Basic Industries Corporation
Savage Data Systems, SBI Group
Shell
SkyThread
Solvay
SpaceX, Stablecorp
Stahl
StaTwig, STC Bahrain
Sumitomo Corporation
Sunverge Energy
SUSMED
Swissmem
SyncFab
Systech
Tech Mahindra
Teck Resources
Tilkal
Tradeteq
TradeWaltz
TraveLX
Unilever
University of Hong Kong
US Department of Energy
VMware
Wayru
Wortheum
XDC Network
Xignite
XinFin
Table of Contents
Frequently asked questions
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What are the key sectors of enterprise blockchain?
The key sectors of enterprise blockchain are aerospace & defense, mining & metals, automotive, packaging, construction & real estate, pharmaceuticals & healthcare, energy, power & utilities, technology, media & telecom, and financial services, among others.
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How is blockchain technology benefitting supply chains?
With the help of blockchain, supply chains are becoming more transparent as it enables every party to trace the goods and ensure that they are not replaced or misused during the process.
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What is the function of the blockchain SaaS solution 'SkyThread for Parts' launched by the startup company SkyThread?
‘SkyThread for Parts’ captures and traces all aviation part occurrences, both on and off aircraft, starting from manufacturing to decommissioning.
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What is the function of the blockchain solution unveiled by Blockedge Technologies?
The solution unveiled by Blockedge Technologies uses blockchain smart contracts to ensure that the entire process of inventory, part orders, and equipment receipts can be tracked with greater accuracy.
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