Blockchain technology: the future of information technology

Blockchain still remains elusive to many executives, but is quickly being recognised as the next iteration of the Internet by delivering more trust, security and better outcomes for all types of business processes.


 “The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”


Don & Alex Tapscott, authors Blockchain Revolution (2016) 

By design, the blockchain is a decentralised technology.

Anything that happens on it is a function of the network as a whole. Some important implications can stem from this process. 


Decentralisation is already a reality...

What this means for your business?

  • Efficient supply chains. The blockchain is open to all members of the network. This ‘shared version of events’ enables improved supply chain efficiencies, better multi-party collaboration and streamlined resolution processes when exceptions or disputes occur.


  • Ease and speed. Blockchain's value proposition is that it takes out the middlemen in transactions, enabling more autonomous types of engagements. Easing and escalating the speed of financial transactions for organisations.


  • Safe and secure. Blockchain is a faster and safer way to verify key information and establish trust. As the Blockchain becomes more of our everyday engagement - it delivers a new architecture of trust. A system where you do not deal with an intermediary person, institution or authority.


Our Partners

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How can FreedomTECH help?

  • FreedomTECH will assist you in defining blockchain strategies to help identify new growth areas and opportunities.      
     
  • By working with FreedomTECH, we will assist in delivering your blockchain applications in parallel with your existing platforms and infrastructure.      
     
  • Our expertise within a wide range of industries enables us to work with you and guide you through blockchain transformation projects, no matter how complex.


If you are interested in a test environment for your blockchain use cases, then please speak with FreedomTECH today.

Find out more

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Demystifying Blockchain whitepaper (pdf)

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How Blockchain will transform modern supply chain (pdf)

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Five ways Blockchain is transforming financial services (pdf)

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FreedomTECH - Tech for Good whitepaper (pdf)

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