News has emerged that Japanese tech giant Fujitsu has launched its own fast-track blockchain consultancy service, aimed at startups who want to know if their distributed ledger plans are viable.
The service, which Fujitsu describes as “extremely rapid,” claims it will provide “proof of business and co-creation of a minimum viable product” in only five days, with concept pricing starting at Euro 9,900.
A common mistake
Frederik De Breuck, Head of Fujitsu’s Blockchain Innovation Centre in Brussels, Belgium commented –
“Blockchain and other DLTs hold the potential to transform organizations and entire industries. Inspired by high levels of interest from our customers, we have created this ready-to-go package not only to jump-start the customers’ blockchain efforts but also to review and improve existing projects. Available immediately across the EMEIA region, we expect this assessment to have a major impact on unlocking blockchain’s potential for business use cases.”
The proof of business approach contrasts with proof of concept, which business development and lead architect at Fujitsu, Chris Pilling, commented was “one of the most common mistakes customers made.”
“They set off in the wrong direction by focusing on the technology. They spend time and money on seeing if the technology works,” Pilling said when speaking with The Reg. “We’re pushing the proof of business, so we work with customers to ask what the business case is.”
Fujitsu see this blockchain consultancy project as a way to assist customers in avoiding the common pitfalls found in blockchain projects, with Pilling claiming that “customers also look at it from the point of having existing processes that they don’t want to touch or break, and then trying to push them into a blockchain concept,”
“It’s completely the other way around. They need to start with a blank piece of paper.”
Pilling was also quick to point out that Fujitsu was one of the founding members of Hyperledger, and that they develop code on the core Hyperledger Fabric project.
The five-day blockchain consultancy process begins with a basic intro to blockchain session, after which the company will work with the client to help define the problem, analyze it, and then look for a use case.
Customers will also be required to sign up to a license that will dictate what they can and cannot do with the prototype.
It will, for example, very likely have to be kept in-house, and there will be no way of taking it to a rival company.
Pilling believes that the process will be money well spent for the companies involved, even if they decide that blockchain isn’t the best route for progress –
“There’s as much value having that certainty that it’s not the thing they need at the moment.”
Lover of all things crypto, blockchain and AI, professional tech scribe & part of the editorial team at Crypto Disrupt.