applancer Advertise

Fujitsu unveils its International “Blockchain Innovation Centre” in Belgium.

Mar 27, 2018 Posted /  161 Views

Fujitsu unveils its International “Blockchain Innovation Centre” in Belgium.

The leading Japanese Information and Communication Technology(ICT ) firm Fujitsu announces the opening of its International blockchain innovation center in Brussels, Belgium to explore the Technologies potential applications to all possible areas. According to a press release on March 21, "The center underscores Fujitsu's commitment to blockchain and other distributed ledger technologies as a means to revolutionize the way consumers and enterprises buy, sell and exchange goods and services and for organizations to transform their commercial and operational models," the firm said.

Read More Related Articles

In its statement, Fujitsu claimed that the new center will research and develop Blockchain based solutions in all possible fields from Distributed Ledger Technology (DLT)  to Blockchain based voting. Yves de Beauregard, head of Fujitsu Benelux ( Belgium Luxembourg Netherlands ) noted growing interest in blockchain technology among customers and claimed that many DLT based applications are still unexplored.”This is just the beginning, as we intend to explore the wider potential use of Blockchain in a variety of commercial areas”, Beauregard said.

According to the company's press release, Brussels was chosen as the location for its blockchain innovation center for a “geographical, political, technical, and linguistic advantages for international organizations that are considering applications of blockchain Technology”. Previously cointelegraph reported that Japanese blockchain and cryptocurrency firm tech bureau offered a private Blockchain to Belgian company Digipolis an organization for inter-municipal ICT services for Belgian cities Ghent and Antwerp, as a part of “The Blockchain Lab” to provide a more administrative framework for the cities.

“Belgium is the ideal place to establish an international competence center such as the Fujitsu Innovation Center,” said Kris Peeters, Deputy Prime Minister of Belgium. “Belgium is located in the center of Europe. Moreover, Belgium’s economy is driven by innovation. It is important that all levels of government continue to actively work with innovative companies to sustain the overall economic fabric in Belgium.”

“The use of blockchain technology with its potential in public ledger and voting ID, and its capacity to automate processes and auditing in smart contracts will doubtlessly play an important role in this changing ecosystem,” said Frederik De Breuk, Presales and Business Assurance Director, Benelux. He also explained that the proportion of the world population inhibiting the urban areas is said to increase rapidly over the next thirty years and that as such, would be necessary to develop services that combine ICT with infrastructure and architecture to address social, economic, and environmental problems.

The International Blockchain Innovation Center will also support and encourage research and development of blockchain technology for Brussels and other cities by funding innovative projects led by companies, research organizations, and entities from the non-commercial sector.

The company also focused on projects relating to smart cities. It is one of the early adopters of the Blockchain Technology. In 2016, it announced that it had developed a Blockchain based system for securely sharing documents and subsequently released a different system for a secure data sharing in 2017.

Applancer is an open platform for discussion on all things like Blockchain , Cryptocurrency and Ico news updates. As such, the opinions expressed in this article are the author's own and do not necessarily reflect the view of Applancer .

For more details on how you can submit an opinion or any news , view our Editorial Policy or email [email protected].

Tags: Fujitsu blockchain

Hottest Blockchain Newsletter

For updates and exclusive offers, enter your e-mail below.