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“Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate.” – Marc Andreessen, General Partner at Andreessen Horowitz

You have either heard of Blockchain or you haven’t. For those who haven’t, blockchain is a data structure which makes it possible to create digital transactions and share it with a distributed network of computers. For the financial industry it offers the opportunity to change the banking structure, speed up the process for settlements and stock exchange but in a secure way. Today there are not only a number of top financial infrastructures who can use blockchain, any kind of supply chain can use it. For example food-chains like Tesco, can use it to trace and authenticate their produce from the point of origin to the point of consumption.

For those who have heard of it, you’ll know that blockchain is a new opportunity for those considering developing new applications to deliver faster, cheaper and more transparent services- it is a game changer. Blockchain is the next generation of enablement in transaction processing, and we’re excited and committed to accelerating this innovation in all supply chain services.

Osmii have built a consultancy team of industry experts who specialize in advising, strategic innovation, building prototypes, running workshops and deployment of distributed ledger technology. Not only can we provide short term advisory but we can also provide senior level strategists for management and education. Our deployment team specialize in building decentralized platforms using ethereum and building distributed settlement capability using ripple. For more information please contact jamie.forrester@osmii.com