Fujitsu Enables Blockchain Proof of Business in just a Week

News facts:

  • Fujitsu launches new, extremely rapid blockchain productisation framework for customers seeking or refining digital transformation projects based on Distributed Ledger Technologies (DLTs)
  • A Proof of Business and co-creation of a Minimum Viable Product in just five days, allowing organisations to discover and assess the potential of new use cases, or de-risk existing DLT projects
  • Fujitsu provides global expertise and insights embedded within its proven HXD digital transformation methodology, provided through its state-of-the-art Blockchain Innovation Center in Brussels

London, July 10, 2018 – Fujitsu today announces the immediate availability of a new, extremely rapid blockchain productisation framework which enables the development of a Minimum Viable Product (MVP) in just five days. The offer is aimed at organisations wanting to jump-start new blockchain development or de-risk existing blockchain projects.

At the core of the framework is a week-long assessment where Fujitsu and its customer co-create new business ideas based on blockchain or other Distributed Ledger Technologies (DLTs). The goal is to identify and prove a specific business process that has the potential to become a full-scale implementation. This Proof of Business (PoB) approach, before committing to a Proof of Concept (PoC), avoids many common pitfalls of blockchain projects and focuses on creating business value.

With the blockchain PoB assessment, stakeholders can create and validate the potential of an initial Hyperledger Fabric application while testing how it could work in an enterprise environment. The application is developed using MVP principles, which require that application to create enough value so that people are willing to use it, demonstrate enough future potential to retain the loyalty of early adopters, and provide a feedback loop to guide future development.

Assessments are led by Fujitsu’s global blockchain experts, who bring insights, ideas, and technical know-how, embedded within Fujitsu’s proven Human-Centric Experience Design (HXD) rapid transformation methodology1. HXD has been developed and proven by Fujitsu in Japan in hundreds of customer digital transformation projects and forms the core platform in Fujitsu’s global network of Digital Transformation Centers, including the Blockchain Innovation Center in Brussels, which oversees the new framework.

Frederik de Breuck, Head of Fujitsu’s Blockchain Innovation Center in Brussels, Belgium, comments: “Blockchain and other DLTs hold the potential to transform organisations 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.”

Fujitsu is a world-leader in DLTs, holding close to 50 patents concerning blockchain and is deeply involved in the development of DLTs, with an emphasis on Hyperledger Fabric. Hyperledger Fabric is a blockchain framework implementation and one of the Hyperledger projects hosted by The Linux Foundation, a consortium that is developing cross-industry advanced enterprise software for business applications. Fujitsu is a Premier member, sits on the Governing Board and is a technical steering committee member of Hyperledger. Others Premier members include Intel and Deutsche Börse.

Hyperledger is a project hosted by The Linux Foundation and Fujitsu is already working on several co-creation proof of concept (PoC) projects based on Hyperledger Fabric for enterprise customers. The joint goal is to ensure the business value of use cases and provide the capability to progress rapidly beyond PoCs. The Fujitsu vision for blockchain goes further than this and is focused on building on the advantages of Hyperledger Fabric to create an enterprise-class blockchain framework. In support of this goal, Fujitsu now provides the Blockchain Platform Service, a ready-to-use “Blockchain as a Service”. This takes away the burden on enterprises of building their own end-to-end blockchain capabilities.

Pricing and availability
The Fujitsu five-day rapid productisation program is available immediately in EMEIA, with concept prices starting at Euro 9,900.

Notes to editors
1Human-Centric Experience Design (HXD) is based on a corporate philosophy of change, Design Thinking, which seeks to harness new ways of thinking and creativity to realise what Fujitsu calls Human Centric Innovation. Created in Japan and refined through multiple customer engagements, HXD makes the creative process faster and accelerates the overall transformation.
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About Fujitsu

Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions, and services. Approximately 140,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.1 trillion yen (US $39 billion) for the fiscal year ended March 31, 2018. For more information, please see http://www.fujitsu.com.

About Fujitsu UK and Ireland

Fujitsu employs over 14,000 people in the UK & Ireland, with total revenues exceeding £1.8 billion. Offering an integrated product and service portfolio, we deliver consulting, applications, technology products, systems integration and managed services, including cloud-based solutions, for customers across both public and private sectors, including retail, financial services, telecoms, government, defense and consumer IT. For more information, please see : http://uk.fujitsu.com

Date: 10 July, 2018
City: London

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