“With so many exciting advances in blockchain, there has never been a better time to implement this emerging technology in your daily business operations”
While Bitcoin has unleashed interest in using distributed ledger technology, the real potential of blockchain lies in its ability to help organizations exploit the immutability of publically shared data, transact broadly with one another, and retain privacy and security of data.
The implementation of blockchain in daily business operations will transform many of the world’s most fundamental business processes, allowing new ways of digital interactions that will vastly reduce the cost and complexity of getting things done. We at Kerburn Rose are convinced that, the world has only seen the tip of the iceberg when it comes to the application of blockchain in business. Certainly there’s untold opportunity for more use cases that will change the face of every industry.
From our advisory engagements with different blockchain networks, we’ve helped our clients examine what it takes to transform a good idea to a value-producing blockchain network. Our team has specific blockchain skills to assist you in driving transformative business outcomes by applying the right expertise and proven methodologies wherever you are on your blockchain journey.
Our role includes:
- identify blockchain use cases in response to your business problem
- identify cost reduction opportunities from increased operational efficiency
- assist you in avoiding potential costs through reduction of operational risk
- assist in creation of new revenue streams when implementing Distributed Ledger Technology (DLT)
- implementation of best practices as you design, develop and deploy a blockchain solutions
- assist in Business model design and drafting investment documentation (business plan, financial model, whitepaper, etc.)
- advise how to build your ecosystem and navigate the group governance surrounding it
- advise on the implementation of smart contracts (utility, asset, payment) and tokenization processes
- advise on important legal considerations when creating your ecosystem
In today’s digital economy, it takes you one click to book your accommodation online, buy a train or airline ticket, but if you want to get a mortgage or buy stocks on the exchange, transactions are more complex and time consuming.
For commodities like gold, silver or even carbon credits it is difficult to transfer the ownership from one party to another. Often the parties involved are obliged to deal with complex and time consuming settlement procedures.
By transferring physical assets into digital tokens and putting them on blockchain, it is possible to tokenize the value of real-world assets and trade them in real time and without friction. The tokenization process carries with it a potential to disrupt many conventional business.
It is expected that within next five to seven years from now the providers of blockchain platforms, services and owners of blockchain networks to grow five to ten times. Many industries will reinvent themselves, and new digital assets and asset classes will give rise to entirely new primary and secondary markets.
These changes are expected to reshape global economies, empower underserved markets, and usher in new eras of global commerce. Therefore, the impact of a token-based economy on societies around the world is going to be massive.