Blockchain Consulting

Are you considering blockchain technology as a solution to a particular business case? Our blockchain consulting services can help you determine the opportunities and hidden risks when using distributed ledger technology (DLT) to develop a business solution.

What Consulting Services Include?

We can consult you about the purpose of blockchain technology and its strategic application in your particular case. Through a series of meetings and workshops, we help you identify your needs, define the value of DLT in your specific case, and devise a roadmap for further action. Our blockchain consulting services include:

Technical training about the nature of blockchain
Business workshops that help flesh out a blockchain business case and its value
Project ideation and design sprints that help you arrive at a technical use-case definition or develop an initial blockchain solution idea or prototype
Blockchain smart contracts and architecture design services that lay the foundation for your business solution

Do you have an idea with the potential to become a blockchain solution? Here’s how you can benefit from blockchain consulting to refine and develop your idea.

Benefits of Blockchain Consulting for Your Business

Receiving feedback about your idea for a blockchain solution or developing it further in cooperation with consultants can help you to quickly determine its business potential. In turn, this can help you make decisions about whether to proceed with development and what the best course of action would be. Here are some of the main benefits of blockchain consulting:

Expert support

Experienced consultants can easily help you assess your idea’s potential, strengths, and weaknesses.

They can help you at any of the many stages of developing a blockchain solution - ideation, assessment of an existing solution, technical use-case definition (identifying the right blockchain platform and framework), creating a proof of concept (PoC), and more.

Fast development

Making use of consultation services, such as ideation workshops or design sprints, can boost the speed of development of your blockchain idea. This can be particularly useful if you are seeking to make a quick market entry with a minimum viable product (MVP). It can also help you if you have competing ideas and need to make a choice about where to direct your efforts.

Low investment

Blockchain consultation services are a risk-free and low-cost way of validating your ideas and probing their potential. This can save you the trouble of investing in solutions that don’t match your needs or cannot offer users the service they seek.

By investing in consultation services, you will have a clear picture early on - necessary for decision-makers and investors.

Increased adoption

Working with consultants, and involving colleagues and users in the process, speeds up the validation process and can help adoption down the road. This also paves the way for an easier development process.

The above are some of the benefits of consulting with experts about the use of DLT when developing a business solution. Want to know what you can expect from a consultation? See below to learn more about the consulting process.

The Blockchain Consulting Process

The consulting process typically involves several steps during which your business idea is clarified and possible solutions and approaches are explored. The main steps of the consulting process include:

1. Identifying client needs

The consulting process begins by determining a client’s project, business goals, and needs. The client’s limitations – operational, technical, financial, or otherwise – are also explored during this meeting to provide a frame for the consultation process, and future planning.

2. Ideation workshops

At the next stage, we conduct several workshops during which we offer our use-case knowledge to clients in order to highlight business opportunities and outline potential risks. At this stage, the idea is validated at its basic level.

This sets the foundation for determining how to approach the solution from a technical standpoint.

3. Technical use-case definition

After the initial idea validation, we proceed with finding the best technical approach for realizing the solution, as well as the right blockchain and DLT stack to use. This ensures an optimal base for future development.

4. Technical architecture creation

The final step in the consulting process may include the creation of a smart contracts and/or blockchain technical architecture. This step also involves a more complete definition of the development project’s scope and future requirements. It further highlights the non-blockchain aspect of the project and any related dependencies.

Finally, an initial estimation of the required work for the development of the full solution is made.