Fujitsu Launches Blockchain Center in Europe

The adhesion of the blockchain or distributed ledger technology (DLT) among big companies worldwide has generated a real “Ledger running” mainly among companies in the technology sector. Google, Microsoft and Amazon are just a few of the world’s giants looking to deploy new solutions that use blockchain to provide more security, reliability and new features for building an increasingly connected world.

However, noting this new data market, companies like Bosch, Volkswagen, Continental, usually associated with hardware solutions, are also developing implementations for the promising Internet of Things (IoT) industry. It is a market that, according to Statistics, must have more than 75 billion connected devices interacting with each other in different ways.

Fujitsu, a Japanese company with more than 156,000 employees worldwide, is also noting this market and announced this week the opening of its first Blockchain Innovation Center, located in Brussels, Belgium, with the aim of supporting research, development and innovation in this new industry.”These new technologies are revolutionizing the way consumers and businesses buy, sell, and distribute goods and services. Technology enables completely new business models that can be deployed in the service and manufacturing industries. Blockchain can be used in many areas such as logistics, supply chains and public records and functions, such as records, identity documents and so-called “smart contracts”, which ensure the automated execution of contracts “, says the company’s official announcement about the initiative.

Reference: https://www.ccn.com/japanese-giant-fujitsu-lauched-blockchain-center-in-europe-looking-at-iot-smart-cities-market/

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