Protect your Digital Assets Valuable Assets Physical Assets with us
BlockVarz is a startup which offers a series of solutions for verifying the authenticity of physical and digital product and/or service by harnessing the power of blockchain and digital seal. BlockVarz provides fresh perspective to capitalize on the opportunities in blockchain rapidly evolving technology which ultimately empowers you to formulate a blockchain-based strategy. This strategy is focused on enhancing the security, immutability, and transparency in supply chain to foster new forms of purpose-driven and transparent production and consumption.
In fact, every great product and service has a Provenance which is accessible, trustworthy information about origin, journey and impact. Blockchain unlocks these facts and empowers both suppliers and consumers to drive progress and convert value dynamics in supply chain to customer value.
Counterfeit and fake products and certificates in different fields and industries including consumer and luxury goods, education, and healthcare are a major threat to both suppliers and consumers alike.From a supplier’s perspective, the counterfeit products present a significant risk to their financial income, brand, and reputation. From consumer’s perspective, the counterfeit products can present a material risk to their financial security, health, and safety.
BlockVarz deploys the applications of blockchain technologies in consumer and luxury goods, education, and healthcare and offers a series of solutions as how companies can use blockchain to protect their brands, tackle counterfeit, gain efficiencies and foster purpose-driven and transparent forms of production and consumption.
While blockchain technology is considered disruptive in various regards, there is currently a paucity of knowledge regarding where and how blockchain technology would solve a real-world problem, present the value proposition and mentionable societal effects.
Therefore, BlockVarz offers a series of solutions including training, research, and consultancy to articulate the challenges and opportunities associated with the use of blockchain technology in your business setting. We also provide fresh perspective to capitalize on the opportunities in this rapidly evolving technology which ultimately empowers you to formulate a blockchain-based strategy and drive innovation and competitive advantage within your own context.
Our solution frames two strategic questions to help build your blockchain strategy:
1) Is the blockchain right solution for your organization to seize opportunities and address challenges?
2) What are the best ways for your organization to implement?
Training: BlockVarz provides tailor-made training in both business and technical field to meet your exact need in the form of seminar, webinar and workshops. By gaining in-depth knowledge of the blockchain ecosystem the market landscape and real-life use cases, you have the tools and frameworks to build business strategies in sustainable, inclusive ways. You will also gain confidence to explore some of the frontier applications of blockchain technology, including smart contract, decentralised finance (DeFi), NFTs (non-fungible tokens).
Research: We also conduct an in-house study to explore the opportunities and threats in your business setting and integrate functional, technical, and financial aspect of blockchain-based strategy in a feasible study report. The functional study characterizes the requirements for possible technological applications. The technical feasibility reviews and compares existing blockchain protocols to achieve the functional goals. The financial analysis will offer a budgetary estimate for project implementation.
Consultancy: BlockVarz can help you to develop a proof of concept and minimum viable product (MPV) by applying design thinking process to make sure it is desirable, feasible and viable. We also offer you holistic solution design which encompasses people, process, operating model, and technology to maximize your transformation across your business setting. Our deployment and custom coding assure that your blockchain-based strategy is robust to foster greater loyalty towards your products and services and enhance customer’s experience with it.
The global market cap for the cryptocurrency market is calculated to be over $2.6 Trillion in late November 2021.Cryptocurrencies are only one of the applications of blockchain technology. Global experts and innovators continue to discover greater potential and a plethora of uses. According to the Gartner report, The business value-add of blockchain will grow to slightly more than $176 billion by 2025, and it will exceed $3.1 trillion by 2030.
Blockchain is poised to disrupt many industries and managerial function—redefining the ways we transact online, share ideas, and manage workflows. It is a new technology that can transform below industries:
Supply chain: Blockchain can greatly improve supply chains by enabling faster and more cost-efficient delivery of products, enhancing products’ traceability, improving coordination between partners, and aiding access to financing. Successful use of blockchain in supply chain management requires a trusted group of permissioned participants, a new consensus protocol, and protections to prevent the introduction of contaminated or counterfeit products.
Consumer products: Blockchain empowers consumer products companies to generate a digital version/twin of a physical product which can be traced and monitored during the manufacturing process and handing over stages to the distributors and end consumers. This provides the possibility to authenticate the provenance, verify whether a warranty has expired, do a complete recall and prevent counterfeiting. Food and drink brands can benefit from blockchain technology to communicate positive social and environmental impact in a credible format and establish themselves as a purpose-driven and transparent business.
Art and luxury goods: Blockchain creates a new era for the art and luxury goods and can help luxury brands to generate a digital token/twin to track the whole lifecycle of a product. Inherent value of NFT helps to capture and record provenance and ownership of this digital token. For collectors, this means that their investment is protected because only one original can be traced back to the original creator. Therefore, blockchain enables brands to create immutable records of all stages of the supply chain while delivering accessible, trustworthy information about the origin, journey, and impact of a product.
Education: Blockchain helps educational institutions ensure that only rightful students receive the recognition and honor by keeping a clear digital transcript, ledger of records and payments for each student. Once the certificates are stored on the blockchain, they become immutable and instantly verifiable, and students can easily share them with other institutions or prospect employees. The authenticity of these certificates can be verified on the blockchain without a need for cross-checking with the Institution who issued them.
Healthcare: Blockchain has a wide range of applications and uses in healthcare particularly in verifying identity, sharing, and accessing patient data and managing pharmaceutical supply chain. These applications can reduce healthcare costs, streamline business processes, and improve access to information across disparate and diverse stakeholders. For example, blockchain can secure the integrity and privacy of the patient’s data once the medical business is transferring the data with no fear of patient data falling into the hands of unauthorized parties. However, to achieve these goals, blockchain should be deployed in combination with other technologies and a robust health information system and data infrastructure.
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Dubai Office (headquarter)
JAFZA 6, F21 Jebel Ali Free Zone, Dubai, UAE.