Nisum, a global business technology consulting firm, has announced today that Nisum Blockchain Lab will be going to market following an initial 18-month period of extensive research, industry collaborations, proof of concepts and team capacity building.
A part of Nisum’s Next Gen division, Nisum Blockchain Lab will work with clients across industries in both a consulting and development role to not only identify areas within the organization where blockchain technology can drive business value, but also create custom-built, end-to-end solutions based on blockchain and distributed ledger technology (DLT).
“From the creation of Bitcoin to the Smart contracts introduced by Ethereum in 2015, Blockchain has become one of the most relevant technologies today, and adoption will undoubtedly increase in the coming years. Many organizations are eager to embrace disruptive technologies, but it’s critical that Blockchain adoption and implementation is done within every organization’s distinct reality as the technology itself is not a magic bullet. As such, the aim of Nisum Blockchain Lab is to work in tandem with organizations to identify the ways in which Blockchain technology can improve their business in real ways, with the understanding that large-scale change, when done strategically, often takes time to yield the most impactful results.”
Nisum Blockchain Lab falls within the company’s Next Gen division, developed specifically to help organizations leverage two areas of emerging technology to enhance their business: Artificial Intelligence and Blockchain. Nisum Next Gen supports companies using these technologies, from the first phases of analysis to the implementation of complex solutions.
“We believe that over the next 5-10 years, the adoption of AI and Blockchain will be instrumental for organizations in identifying and exploiting their unique value propositions and selling points. The combination of these technologies can offer organizations certainty of data, the ability to share that information knowing it has retained its integrity, and to make real-time decisions based on that data using predictive capabilities.”
Nisum Blockchain Lab is currently working with clients across verticals, including financial services, legal, and retail.