Applied Blockchain develops private blockchain applications for their clients.
Current Innovation Service
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distributed drone registry
Applied Blockchain has been commissioned by SITA, the world’s leading specialist in air transport communications and information technology for the aviation industry with a turnover of $1.6 Billion and 4,500 employees, to develop the world’s first distributed drone registry. The private blockchain platform brings together drone operators, drone manufactures and regulators together with a single source of truth.
Applied Blockchain is working with BABB, a financial institution that is applying to become a social bank, to build the core banking infrastructure and a full-stack banking application on a private blockchain using smart contracts. The solution stores customer data within smart contracts on the blockchain and connects customers and banking service providers on a shared network, where the permissions for who can access or use that data is entirely controlled directly by the customer.
Applied Blockchain has been engaged by Cygnetise to build a blockchain platform for the permissioned sharing and management of authorised signatory lists, where data is stored within smart contracts directly onto the blockchain. This replaces the existing process of manually creating, updating and redistributing signatory lists, which results in a large administrative burden and risk of fraud due to data inconsistencies.