Blockchain market development and opportunities
Here we want to show the potential of the blockchain market combined with the need for business integration.
We strive to be the first provider for a complete and unified framework for blockchain based business integration.
Arvind Krishna, director of research at IBM, says:
[…] those companies will be around when the blockchain goes mainstream that create software that makes it easy for businesses and consumers to actually implement all of blockchain’s possibilities. […] even though email technology had been around for years, it still took the likes of AOL to package it in a way that got lots of people to use it.
SAP, one of the world leading ERP-software vendors, sums up the blockchain trend as follows:
Every business is based on transactions. But these transactions are often routed through third-party intermediaries like banks, lawyers, and brokers — which can make processing time-consuming and expensive. Blockchain technology has the potential to reduce the role of middlemen, dramatically speeding up multi-participant transactions and lowering costs, while ensuring all parties are protected. People, businesses, machines, and algorithms would be free to transact and communicate with one another in a frictionless way. This is the promise of blockchain.
The global blockchain technology market size was valued at USD 509.1 million in 2015 and is predicted to gain momentum over the forecast period. The blockchain technology is one of the most promising upcoming technological trends in the information technology domain.
Our mission is to provide the first unified framework for blockchain-based business integration. We want to make the use of blockchain technology feasible and profitable for those driving real business.
It is an essential motivation of those standing for Unibright to offer a high-level concept and practical tools to integrate existing processes and IT-landscapes into the promising world of blockchains. We address existing teams with experts in different domains and want to make it easier for those teams to use the blockchain as one part of their versatile solutions.