Distributed Ledger Technology (DLT)
Fujitsu Distributed Ledger Technology (DLT)
Enterprise blockchain solutions - paving the way to stable, trusted, distributed business ecosystems
How can enterprise blockchain and distributed ledger technology (DLT) fill the gaps and expand business capabilities? Simply put - integration, specifically the integration of trust into data and transaction processes with a cryptographically verifiable digital ledger. Increasing trust in data drastically raises its value to the business.
Blockchain and distributed ledger technology (DLT) are fundamentally built on the concept of decentralization across different systems, locations, and people (nodes) in order to deliver trust, transparency and security. As data is dynamic, smart contracts and chaincode are used to establish the rules for data formatting, who can modify the data and in which circumstances.
This inherent foundation of trust enables businesses to disrupt, reimagine and revolutionize how they transact internally, among each other, and with their customers using data from a myriad of sources.
In the face of an unpredictable global economy and volatile supply chains, a secure, trusted and connected business ecosystem offers a wide range of benefits:
Reduced Risk - replaced by transparency.
*75% of organizations cite increased transparency as a key driver for the adoption of DLT
Unlocked Value - new business models, ways of working and models of trust.
*68% of business leaders view the ability to build new revenue streams and business models as a key driver behind the use of DLT
Improved Efficiency - reimagined business models reduce/eliminate friction.
*66% of organizations cite increased operational efficiency as a key driver behind DLT adoption
Increased Integrity - safer, improved ecosystems.
*61% of business leaders cite data integrity as a key driver behind their plans for DLT adoption
Co-create with Fujitsu and realize the benefits of blockchain and distributed ledger technologies
At Fujitsu, we are a global-scale player with credible real-world blockchain expertise, technology and resources capable of paving the way to trusted, distributed business ecosystems and business transformation. We use an agnostic approach to technology and implementation that takes into account the unique nature of your business, organization and ecosystem.
Fujitsu DLT Solution Use Cases
Our distributed ledger technology solutions and services enable our customers to increase the speed, accuracy and quality of their decision-making based on near real-time data to tackle fraud, rethink processes and disrupt markets in a way that cannot be done using traditional data platform technology.
Fujitsu Track and Trust – DLT Supply Chain Transparency and Validation
Sophisticated global supply chains have facilitated the rapid rise of complex markets and ecosystems that involve multiple agreements. Where there is a lack of shared data and an overreliance on micro-agreements, it is too easy for the links of the chain to be broken or corrupted. Our Fujitsu Track and Trust digital ledger technology helps organizations to reimagine security, traceability and finality in their everyday operations. It brings a trusted point of validation across production, supply, distribution, and sales networks. It delivers a transparent and tamper-proof way of tracing, tracking, and verifying an item’s credentials throughout its journey and lifespan. A seal of authenticity can be quickly and simply illustrated as well as evidenced. DLT within the supply chain enables:
- increased transparency
- increased simplicity
- tamper proof validation
- fraud and error prevention
- increased efficiency
Digital Identity – Empowering Citizens
With increased calls for efficiency, accessibility, personalization, transparency and accuracy, the digitalization of public sector services is rapidly becoming part of citizens’ expectations. Digital identity provided by distributed ledger technology offers citizens control over their data, held within a personal digital wallet. Trust with citizens is strengthened. Each wallet holds a range of records – including personal details, financial history, transaction accounts, academic records and medical records. Citizen users can interact with a range of government and also commercial services with the flexible use of their identity. DLT enables government service providers to:
- enhance operational efficiencies
- empower citizens
- strengthen trust
- tackle revenue leakage
- deliver faster services
- reduce administration efforts
- promote the integrity of processes and data
Smart Document Management Solutions
Reduce risks, delays and costs with simple to use smart document management solutions from Fujitsu. Exploit digital ledger technology to increase the speed, accuracy and quality of decision making based on real-time and trusted data, allowing you to manage and verify documentation and invoices, tackle fraud, and rethink processes.
- tamper-proof asset track & trust increases data security
- reduce the cost of managing document and invoice flows
- reduce risks associated with late, part or non-payments
- enable an efficient audit, regulatory and compliance approach
- driven by user experience; simple to use with rapid results
Enterprise Blockchain – Fujitsu Track and Trust Solution Center
In 2018 Fujitsu opened the international Enterprise Blockchain – Fujitsu Track and Trust Solution Center in Brussels, Belgium. Located in the heart of Europe, the Solution Center underscores our commitment to blockchain and distributed ledger technology as a means to revolutionize the way consumers and enterprises buy, sell and exchange goods and services and for organizations to transform their commercial and operational models. The Solution Center undertakes research with external partners, collaborating on specific projects to explore the technology’s potential beyond financial services – where it has already created widespread disruption to business models – as a new architect of information systems for all sectors.
Fujitsu Digital Incubation Team for Blockchain
At Fujitsu, our mission is to drive blockchain solutions meant for your organization’s needs and regional characteristics to achieve an optimal business solution. We drive the go-to-market for DLT in Fujitsu’s Central and Eastern Europe region within our Digital Incubation team. We work with you to identify and qualify blockchain use cases with a clear focus on business benefits. Using an agile, consultative and structured approach, we analyze your ecosystems and all relevant processes. For practical testing of use cases, in co-creation our technical team works closely with you to design and implement Proof of Concepts and Minimum Viable Products and to evaluate if and how to scale the developed solution.
Reshaping a sustainability strategy can be a powerful engine of growth
In this white paper, co-written by analyst firm PAC and Fujitsu, you will get to know how companies seeing sustainability investments as an opportunity and not as an obligation can grow their businesses by:
- Having a clear vision
- Starting small, scaling fast
- Finding the right tools
- Having a plan beyond compliance for the data
Download this white paper and find out how to drive your ESG strategy and add value to your business.
From waste to water: how one man turned industrial evaporation into Sustainability Transformation
As the Co-Founder & CEO Botanical Water Technologies Ltd, Terry’s mission is to “produce the world’s most sustainable water in places where there isn’t any.”
Towards a Trusted Society: Using Web 3.0 to facilitate a fairer global economy
The birth of the internet has done wonders for society; think Google, Uber or Deliveroo. And it looks like there’s no slowing down as we head towards the next phase in its evolution – Web 3.0.
Beyond efficiency: top trends for blockchain and DLT driving sustainability in business
From the continued adoption of Web3 technologies to the growing importance of interoperability, these trends will impact the Enterprise Blockchain space in the coming year.
Digital Playbook: the missing piece of the puzzle in your digital transformation
A digital playbook is a comprehensive guide that outlines an organization's digital strategy, goals, and tactics to stand out from the competition. Find out how to create yours.
The rise of accountability: The Credible Way to become a Sustainable Enterprise
Climate change, deforestation, water scarcity, and inequality are a few pressing issues that enterprises must consider in their operations and strategies.
Beyond compliance: how your ESG strategy can supercharge your business
While the increased focus on Environmental, Social and Governance (ESG) factors create new compliance requirements for businesses, it is also an opportunity to create new value, drive efficiency, and maximize brand value. Sustainability agendas can be reframed as growth engines.
Why you should be building enterprise blockchain solutions with a purpose
Enterprise Blockchain and Distributed Ledger Technology allow that all stakeholders are looking at the same verifiable data, in real-time whilst accelerating the removal of friction and delays in the supply chain. However, this is not just about using technology, but about using it to bring security, transparency, traceability and finality to the ecosystem.
Building a sustainable business and ethical supply chain with blockchain technology
In this interview, Jolanda and Frederik De Breuck, CDO/CTO at Fujitsu Belgium and Head of the Fujitsu Track and Trust Solution Center, share the story behind the tex.tracer platform, how business and technology can serve as a force for good, and what the future holds for the blockchain technology forged by this partnership.
How can manufacturers become sustainable without traceability?
Enterprises acknowledge that being sustainable is no longer a cost of doing business, but is now a catalyst for innovation, and a source of competitive advantage. A new report from industry analysts PAC and sponsored by Fujitsu, raises the question – can Manufacturers really become sustainable, without traceability?
Transparency, Security and Auditability of Critical Reporting Chains
Hyperledger Global Forum 2021: Nikolaos Saklampanakis & Ece Kubilay present a joint project of Fujitsu and Hexagon that brings together loT, AI, security monitoring and HL-Fabric for handling critical security events.
The Enterprise Blockchain Manifesto - 12 Steps to Accelerate your blockchain journey
Blockchains and Distributed Ledgers support a shared, single version of truth for multiple participants engaged in connected business processes and ecosystems.
Find out more
Botanical Water - Delivering a trusted new source of water
Botanical Water Technologies (BWT) uses its own patented technology to harvest, filter and purify water during food production, saving trillions of litres every year. BWT needed a reputable, global and trusted alliance partner to create a blockchain platform that would enable the transparent and secure trading of sustainable water. The new Botanical Water Exchange (BWX) platform relies on the Fujitsu Track and Trust service, which uses blockchain technology to ensure end-to-end transparency and traceability of processes, including the refinement, sales, purchase, delivery, and usage of the product. Now, BWX can enable greater transparency and security in water trading, and ultimately aim to create an open market in which companies including juice concentration facilities, sugar mills, alcohol distilleries and beverage manufacturers can trade in water purified by the patented Botanical Water Technologies process.
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Fertilizer Exchange - Bringing fertilizer trading into the 21st century
Food security is one of the most pressing issues and growing crops efficiently requires fertilizer which can increase crop yield and enable farmers to grow more food in limited land. However, the global market for fertilizer has remained trapped in an 18th century business model, making it inefficient, risky, and unresponsive. Paper bills and analog communications have been the usual way of business, but the COVID-19 pandemic drove a major shift online – Fertilizer Exchange saw this as an opportunity to revamp how fertilizer is traded. Fertilizer Exchange started from the core Rice Exchange platform, which is built on Hyperledger Fabric by the Rice Exchange and Fujitsu team in co-creation. Fertilizer Exchange enables buyers, sellers, and service providers to conduct trades efficiently, and arrange insurance, shipping, inspection, and settlement with the assurance of seamless integration and verifiable data.
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AB InBev - Beer production meets 21st century blockchain technology
Fujitsu’s multidisciplinary approach proved vital to AB InBev when integrating blockchain with the company’s existing SAP and supply chain management. AB InBev now has full transparency and traceability of its barley supply chain from consumer to the farm for its Leffe brands. Pilot success represents a milestone in building the digital capability to help achieve AB InBev’s environmental and sustainability goals, and it gives consumers transparency into what goes into making their beer. As stated in its sustainability goals, AB InBev has pledged that by 2025, 100% of its direct farmers will be skilled, connected, and financially empowered. Supporting the traceability of the indirect supply chain with this pilot is a big step towards making those ambitions a reality.
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tex.tracer - Tracing garments through supply chains
The fashion industry has faced criticism over how its supply chains operate. Although they may want more transparency, brretailers have never had an effective way to achieve that. Change has arrived with a new supply chain transparency platform called tex.tracer. It gives brand owners the insights they need to act upon and with the click of a button report to all stakeholders. By scanning a QR code on a garment with their mobile, consumers can also trace the garment’s history.
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Rice Exchange – a private permissioned DLT platform
In an industry plagued by inefficiencies, under-financed and operating on little trust, Rice Exchange uses automation and blockchain technology to bring transparency, security, traceability and finality to the complex trade. Collaborating with Rice Exchange, Fujitsu co-created the Rice Exchange platform – a blockchain solution to address key inefficiencies in the highly fragmented 48 million ton international rice trade. Through the Rice Exchange DLT platform, negotiations and agreements are captured as onscreen messages and recorded on the ledger to offer both transparency and traceability to this complex trade.
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Digitization is allowing new ways of approaching traditional markets, and many companies try ingenious solutions to lead the way. One such company, trailblazing its way to digital markets, is Fraktion, a Belgian startup dedicated to democratizing real estate and other high-value properties. The company relies on Fujitsu’s operational and advisory services regarding strategy, technology and business aspects of its journey including a collaborative design thinking approach, technical advice, risk assessment, modelling, use case validation and roadmap development. The Fraktion platform will allow people to invest in all types of property and either earn a fraction of the profits generated by it or reap benefits of its increased value at a later date.
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