Usetech started the Blockchain practice in 2016.
We researched public and private blockchain technology in detail and now work with our clients in the following areas:
Startups with revolutionary ideas come to us asking for help writing transparent, fully tested smart contracts that conform to blockchain’s trustless trust principle. We use and write open source code, quickly adopt best practices and test our design for transparency with Icomonitor.io. Most importantly, we engage our clients as partners and help them to ensure their project gets the chance to accomplish its mission.
Our wide IT experience allows us to help startups envision their ideas, structure the requirements for their products and create Architecture and Design solutions on the Whitepaper stage.
Creating Blockchain products requires deep software expertise in variety of technologies. We help our clients in full life cycle of the Product design and development, from Requirements to implementation, testing and support.
Retail industry is only beginning to consider Blockchain technology and its possibilities. We help them with defining promising use cases, structuring and implementing pilot projects in areas like Loyalty programs, Traceability, and many others.
Financial Services Industry is in the epicenter of the blockchain revolution. From fundraising to claims management or trade settlement, all corners of Industry are up for disruption – Investment Banking, Insurance, Commercial Banking will look very different 10 years from now. We help our clients to start their journey by piloting their most promising use cases and implementing the successful ones.
Blockchain technology is most often thought of as the disruptor of the financial system – cryptocurrencies, the first use case for blockchain, are designed as an alternative to government controlled fiat currencies or other holders of value (gold, art, etc.). Since that first use case (Bitcoin), blockchain has evolved and is now piloted in most financial institutions for a large variety of purposes.
Blockchain is a technology designed to create trust. More accurately, to automate transactions between parties where each party can be assured that conditions of the relationship can be trusted. This is achieved in two ways: first, the technology itself is secure and cannot be compromised (under certain limitations, like protecting your private key); second, the terms of the relationship are coded in smart contracts, which are transparent for all parties to check. These three components – technology, transparency and checking are key to establishing trustless trust, which enables completely new ways for commerce to function.
LiveTree is a UK crowdfunding company, specializing in Film and Video industry. It's team sees blockchain as an opportunity to disrupt the industry by changing the way Film and Video content is produced, financed and distributed. They have approached USETECH for assistance in creating it's ICO smart contracts and to plan for the development of its platform.
Blockchain can create value in many industries and use cases. We have structured our research of blockchain technologies around industries, and here we present our findings for some of the most important use cases for the retail and wholesale trade. We developed our approach to selecting appropriate use cases, and analyzed the value chain in trade to identify the most promising areas. As blockchain technology develops very quickly, we will update our research on ongoing bases.