Fujitsu Opens Blockchain Innovation Center in Brussels to Accelerate Development of Next Generation Applications
- New international center will contribute to breakthrough of blockchain technology as strategic platform for exchange of information, services and goods with potential to disrupt all industries and services
- Fujitsu experts will research blockchain and distributed ledger technologies and undertake collaborative projects with selected private and public organizations
- Smart City initiatives an early focus area: project involving Brussels and other Belgian cities already underway and multiple European cities interested in collaboration to fulfil Smart City ambitions
- Brussels selected by Fujitsu for its geographical, political, technological and linguistic advantages for international organizations that are considering applications of blockchain technology
One particular area of expertise that Fujitsu plans to develop in the Innovation Center is the use of blockchain for the design and implementation of Smart City services, focusing not only on technology, but also on important aspects of the city of the future, such as sociological and demographic factors, societal organization, economic functioning and ecological challenges. The center will support and encourage research, development and innovation both for Brussels and for other cities, through the funding of innovative projects by companies, research organizations and the non-commercial sector.
Frederik De Breuck, Presales and Business Assurance Director at Fujitsu Benelux, comments: “We believe that blockchain will play a crucial role in the development of Smart Cities. According to the National League of Cities
, more than half the world’s population currently lives in urban areas, and this proportion is expected to increase to 66 per cent by 2050. This trend will place increased demands on local governments and give rise to new ecosystems with multiple challenges to address - from public safety, infrastructure, transportation and housing. This development will drive the need for cities to adapt and evolve into Smart Cities, which combine ICT with infrastructure and architecture to address social, economic and environmental problems. The use of blockchain technology, with its potential in public ledger and voting ID, and its capacity to automate processes and auditing in smart contracts, will doubtlessly play an important role in this changing ecosystem.”
Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 155,000 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 4.5 trillion yen (US$40 billion) for the fiscal year ended March 31, 2017. For more information, please see http://www.fujitsu.com.
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Date: 21 March, 2018