Higher Performance with Blockchain Solutions

Blockchain: From buzzword to company practice

Adding transactions and making them visible

When you want to bring a blockchain solution to life you have to solve several problems at the same time and it is usually not in a customers core expertise. Andreas Dittrich shows how T-Systems supports.

How does a blockchain work?

Man is sitting in the office at the desk and reading something focused on the laptop.

Blockchain is a register with decentralized distribution in which all of a network's transactions are saved. Here, several transactions are collated in one block and the blocks are linked together chronologically. What is crucial is that the correctness of a piece of information no longer needs to be verified by a central authority, but is confirmed using a transparent mechanism of consensus between the participants. Blockchain technology thus supports cooperation across the organization along the entire value chain.

The benefits that blockchain technology brings to you

Automation

Automating document processing in the blockchain via smart contracts
Saving important documents directly in the blockchain using time stamps
Avoiding human error and error-prone manual processes
Time and cost savings
Increasing efficiency with automated processing

Digital trust

Immutability of information
Tamper-proof timestamps and digital signature/clear identification promote digital trust
Central authority no longer required ("Single source of failure")
Increases data integrity

Traceability

Tracing supply chains incl. transport parameters (temperature etc.)
Transparency for tracing the supply chain – recall campaigns/damage limitation can be implemented much more efficiently, quickly and securely
Participants can see changes

Blockchain technology can be used in all areas where large-scale and comprehensive exchange of data takes place to maintain data integrity.

Mr. K. Munsi, Head of the Department for Software Development at the Federal Office for Migration and Refugees in Nuremberg

Our customers are happy to report on how we optimize processes using blockchain technology

DATEV

Blockchain – from contract negotiation to accounting

Blurred picture of two people, in the foreground a white diagram

Federal Office for Migration and Refugees

Improve security and standardization of data using blockchain

Our blockchain portfolio to meet your requirements

Infographic: Our blockchain for your needs

All-round offer in the Blockchain Solutions Center

From the idea to the business case review, and from technical proof of concept to online bookable service – we offer a holistic service portfolio.

We look forward to your project!

We would be happy to provide you with the right experts and to answer your questions about the planning and implementation of blockchain technology in your company.