Xebia Joins Hands With BlockSmiths to Drive Blockchain Innovation(07:30 Hrs. IST)
GURGAON, India, January 12, 2018 /PRNewswire/ --
This partnership has come at a right time with the increased interest of public and private entities in blockchain technology
Xebia, a leading digital consulting firm headquartered in the Netherlands, has partnered and established a Blockchain Center of Excellence with BlockSmiths, the founding member of India's first NASSCOM Blockchain Special Interest Group (SIG), to explore and innovate in the blockchain space.
This Blockchain Center of Excellence (COE) is established to focus on solving real-world problems and building innovative blockchain solutions for various sectors - from financial services, aviation, healthcare, energy, and insurance to retail. Together, the two companies will enable organizations and governments realize the potential efficiency gains through blockchain technology.
Furthermore, through this partnership, Xebia and BlockSmiths are aiming to drive a three-fold initiative:
- Mobilizing resources to build scalable and easy to integrate blockchain-based solutions for businesses
- Building a strong blockchain community and
- Sharing knowledge with industry and academic institutions
BlockSmiths is one of the few companies from the South East Asian region that is helping both public and private businesses and industries to seamlessly integrate and adopt blockchain-based solutions and products.
"We believe that blockchain is a revolutionary technology that will fundamentally impact how we do business and trade. With this partnership, we aim to expand our market reach and help businesses become more streamlined in their processes and services," Harmeet Singh Monga, Chief Business Officer at BlockSmiths said in a statement.
Xebia employs more than 800 people and has a global presence in APAC, U.S., Middle East, and Europe regions, providing technology solutions for fortune 500 clients all over the world. Besides providing blockchain services and solutions, Xebia works in the areas of full stack development, agile transformation, DevOps & Continuous Delivery, Big Data & Data Science, Cloud Computing, and Test Automation.
"Being in the FinTech space for many years, we cannot deny that blockchain is the revolutionary technology and in our constant endeavour for innovation, we believe that BlockSmiths will be a crucial partner to help both our current and potential clients to quickly test and adopt blockchain in their respective businesses," says Anand Sahay, CEO of Xebia India.
Blockchain came into existence in 2009 after the 2008 financial crisis when Satoshi Nakamoto released the famous Bitcoin Whitepaper. It is said to be one of the breakthrough technologies after the Internet in 1991 and has exponentially grown in relevance since its inception.
According to a study by the U.K-based research firm Juniper Research, 57 percent of large corporations were either actively considering or in the process of deploying blockchain. And two-thirds of the companies surveyed said that they expected the technology to be integrated into their systems by the end of 2018.
Considering both the companies have complementary skill sets and expertise, some great industry defining blockchain solutions will emerge from this partnership.
About BlockSmiths Inc.
BlockSmiths enables businesses and governments to experiment with blockchain technology in their daily processes and realize the gains blockchain technology has to offer.
About Xebia Inc.
Xebia is one of the world's leading IT companies, which enables its clients to explore new technology frontiers to make their business and processes more efficient.
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