Platform
Our platform enables real-world enterprise applications to be developed using blockchain technology. Enterprise adoption of blockchain technology remains extremely limited, primarily as, outside of innovation departments, nobody cares about technology, only the business problems that it can solve. Blockchain is a critical component in all our enterprise solutions but as the backend for creating tokens that enables our clients to solve business problems.
Alpahbill (www.alphabill.org) is the public blockchain used for all applications - tokens can be created using the Alphabill public blockchain but verified, and acted on, off-chain in real-world applications.
Over the last 10 years we have successfully deployed enterprise blockchain solutions across a whole range of industries, some examples, and links we provide below. The crypto industry is crying out for real world use cases of blockchain technology. Our solutions have been battle-test in production by some of the most demanding clients on earth.
Timestamping
KSI is an EU-EIDAS accredited
cryptographic timestamping service that was developed to address the challenge
of data integrity within the Estonian Government, It is the first
blockchain-based accredited EU trust service and is used as an alternative to
Public Key Infrastructure. The implication is that the verification of issued
timestamps does not rely on the security of cryptographic keys. This service is
used today in production by governments authorities around the world to
guarantee the integrity of archived data.
For more information see here
Digital Currency
Together with eight
central banks in the Eurosystem we have contributed to the European Central
Bank’s research on the digital euro. Our approach is the first blockchain-based
digital currency platform that uses digital bills as a monetary unit (i.e., not
UTXOs or accounts). Bills are the only monetary unit that allow for parallel
decomposition – the ledger can be divided into sub-ledgers each of which can be
updated and verified in parallel.
For more information see here
Token-based settlement
Every settlement mechanism in the world today, apart from cash, involves messaging followed by reconciliation. This is slow, expensive, and unreliable. SWIFT, RTGS, ACH etc, are all based on accounts and technology invented over 30 years ago. Token-based settlement is like cash in that payment equals settlement. There are no intermediaries and settlement is instantaneous with close to zero friction. The applications range from cross border remittances to the automation of digital securities trading and settlement.
Network Security
We have developed MIDA, a solution that
enables network security policy to be implemented and enforced as code. Every
digital asset (firewall rules, configs, virtual machine images etc.) is
tokenized i.e., a digital token proves the integrity, provenance and
policy information for the asset ensuring that any change to that asset outside
of policy can be detected and mitigated in real time. The product offers
templates based on existing policy frameworks, such PCI DSS, SOC2, FEDRAMP etc.
and provides continuous real time compliance reporting based on those
templates, along with independently verifiable artifacts for reporting
purposes, dramatically reducing manual compliance overhead.
For more information see here
Verifiable Credentials
CERTUS ™ is a
product built in collaboration with SICPA, a world leader in government
security solutions. Certus is a novel digital solution that enables document
issuers like educational institutions, government bodies or notaries to secure
value documents. It is a cost-effective next-generation security solution which
sets a new standard in securing sensitive paper-based and digital documents, credentials,
and qualifications.
For more information see here
Pharma Physical Supply Chain
We have
developed a last-mile supply chain solution for pharma manufacturers that enables
real-time counterfeit and diversion detection, liability management against
false claims and visibility into pharmacovigilance. Integration into the SAP
Information Collaboration Hub enables a digital token to be created for each
GS1 code helping front-line care workers verify the authenticity and provenance
of pharma products and giving manufacturers real-time visibility into the
last-mile.
For more information see here
Health-Care Consent, Audit and Regulatory Compliance
Our very first
use case was for the Estonian eHealth Foundation providing mathematical
guarantees for auditing the use of health-care data. Since then, we have
extended the functionality to support consent and regulatory reporting. Consent
can be tokenized i.e., access to data can be given in the form of a token which
sets limits to who and how data sets can be access, providing immutable proof
of what happened when to regulators.
For more information see here
Health-Care Real World Data
Together with
Roche and Astra Zeneca we have developed a real-world data engine that enables
pharma market access to get aggregate results of medicine use across a
population without revealing any personal information from the health and
disease registries. Applications include indication and combination-based
pricing, value-based pricing, clinical trial patient enrolment and
differentiated rebates.
For more information see here