Blockchain

Fake news, data breaches, goods flows grinding to a halt... Digital systems are increasingly critical systems. These complex systems need to be robust yet agile, secure, verifiable and accessible to all. This requires decentralised design of systems. This is where blockchain comes in. Blockchain has a wide scope of application and offers opportunities for almost every sector. The technology can make a major contribution both to the economy and to solving social problems. More and more organisations and companies are exploring the potential of blockchain technology to store data and transactions securely and efficiently. Simply put, blockchain is a new kind of database, in which transactions are kept decentralised. It involves blocks of information that are digitally signed by all parties involved - without the intervention of a third party. A good alternative, therefore, to centrally organised digital services.

Infinite application areas

Anyone who masters the open technology can build their own blockchain database for their own application. Such a decentralised database could, for example, contain data on payments with digital currencies, such as bitcoin, but also patient data and smart contracts in healthcare, or election results. Contracts, diplomas and property deeds can also be shared securely in this way. With blockchain, all information is stored encrypted using cryptography, spread across a computer network with multiple nodes (nodes). Because a block always contains information about the previous block, it creates a long, unbreakable chain of information. All changes in the database are automatically copied to all computers. This is very safe in case of hacks or power failures. Moreover, no one can save or change information in the database on their own, which keeps malicious parties at bay.

Blockchain enables a better digital society. Decentralised systems are the foundation for scalable collaboration in complex issues such as energy transition, security or mobility. Read success stories from the following application areas: Mobility, Energy & Sustainability, Security, Health & Care and Agriculture, Water & Food. In addition, there are use cases on, among others, the Enterprise Passport, Career Wallet, the first completed international blockchain project within the pension domain My Value Transfer and several pilots in the field of Blockchain & Mobility. Get inspired!