Close
  • Home
  • Partner Conferences
  • Newsletter
  • Whitepapers
  • Subscribe
  • News
  • About us
  • Agile
  • Asset Management
  • Automotive
  • GDPR
  • Big Data
  • Cloud
  • Cognitive
  • Data Center
  • Enterprise Mobility
  • ERP
  • More
      • Adobe
      • Artificial Intelligence
      • Augmented & Virtual Reality
      • Banking Technology
      • Blockchain
      • CEM
      • Compliance
      • Cyber Security
      • Data Analytics
      • DevOps
      • Enterprise Communication
      • Enterprise Security
      • Enterprise Startups
      • Field Service
      • FinTech
      • Healthcare Technology
      • HPC
      • Human Resource
      • Information Security
      • IoT
      • ITSM
      • Logistics
      • Managed Services
      • MarTech
      • Oracle
      • Payment and Card
      • Retail
      • Robotics
      • Travel and Hospitality
      • Unified Communication
Menu
  • Home
  • Partner Conferences
  • Whitepapers
  • Subscribe
  • About Us
  • Agile
  • Asset Management
  • Automotive
  • GDPR
  • Big Data
  • Cloud
  • Cognitive
  • Data Center
  • Enterprise Mobility
  • ERP
  • Adobe
  • Artificial Intelligence
  • Augmented & Virtual Reality
  • Banking Technology
  • Blockchain
  • CEM
  • Compliance
  • Cyber Security
  • Data Analytics
  • DevOps
  • Enterprise Communication
  • Enterprise Security
  • Enterprise Startups
  • Field Service
  • FinTech
  • Healthcare Technology
  • HPC
  • Human Resource
  • Information Security
  • IoT
  • ITSM
  • Logistics
  • Managed Services
  • MarTech
  • Oracle
  • Payment and Card
  • Retail
  • Robotics
  • Travel and Hospitality
  • Unified Communication
news
×

Subscribe to our Newsletter

Subscribe to our mailing list for exclusive articles, news, and insights.

Thank You for subscribing with us. We sent you an email regarding this.

news
loading
Subscribe

news
  • Home
  • Blockchain
  • Vendors
  • BlockInit
BlockInit

BlockInit: Bringing the Power of DLT to All

Follow BlockInit on :

CIO VendorDaithi Coombes, CTO
Why is the Fourth Industrial Revolution expected to be unlike anything that humankind has ever witnessed before? For starters, technologies such as DLT and blockchain are all set to rewrite the existing system of trust, identity, and economic exchange and solve the inefficiency of current systems and methods within the society. Immutable data including executable code changes the political economy and opens the doorways to post-capitalism. "It is from this revolutionary point of view that we have decided to put our skill sets together," begins Daithi Coombes, CTO, of BlockInit.

Founded by six like-minded individuals—experts in their respective domains such as business, IT, and design—Dublin-based BlockInit advances the knowledge and use of DLT through disruptive services for businesses, SMEs, and individuals. "Everybody at BlockInit sees DLTs akin to the steam engine and we are just at the beta stage," states Coombes. "We decided to be part of this journey, see what we can build, and importantly provide a platform for anybody to innovate.”

Clearly, the company’s unparalleled credibility largely rests on their team of experts, which comprises the founding members of Crypto Café, a cafe in Dublin that accepts cryptocurrency and Coder Forge, a non-profit NGO dedicated to promoting technology through workshops and meet-ups.

Our mission statement is to take on projects based on its merit and ensure that it does not get shelved due to lack of funds or business experience


At its core, BlockInit offers a wide range of services in line with ICO, crypto and mining, engineering, and holds engaging training sessions on smart contracts, blockchain, and DLT for both technical and nontechnical individuals. The company also regularly arranges meet-ups and free talks to educate the industry on the DLT space as well as improve networking. So to speak, BlockInit promotes the application of DLTs not just from a marketing and industry perspective but because of the importance of public awareness on DLTs. In line with that belief, the company is gearing to release training packages for the public and SMEs, as existing educational packages are mostly exorbitant, catering to the needs of managers or IT personnel with higher than average salaries.

A fundamental part of the company's mission statement is to take on projects based on its merit and ensure that it does not get shelved due to lack of funds or business experience. "Our business model is based on scalability and as a result, we take up projects where the core idea stands out. We want to be able to say to anybody - 'that is a good idea, we’ll build it and run it, while you get royalties and we get paid,'" explains Coombes.

The versatile nature of the projects handled by BlockInit is a clear indicator of their expertise and efficacy. For example, the company is working as a lead architect for TEQBLOCK that addresses insurance fraud through a decentralized ledger. BlockInit also provides Smart Contract Advisory to clients such as Gaimin that hopes to solve the centralising of mining power by distributing it to gamers and thus allowing them to earn passive income. In addition, their internal product, feiPay, solves P2P payment latency problems with crypto coins. “This is a big one and the MVP should be in specific retail and restaurant outlooks in Q1 2019," reveals Coombes.

Currently, BlockInit is aiming for major milestones and the year ahead looks promising. They are expecting to fund client projects fully from concept and pre-seed to implementation as well as expand their model across the globe. This will be achieved through a network of Crypto Cafe’s and hopefully Bitcoin Embassies across all continents.

Top 10 Blockchain Consulting/Services Companies - 2019

Blockchain Special

Vendors

  • Data Insights: End-to-End Data Analytics Services

    Pasquale Grippo, CEO, Data Insights

    Klarrio: Real-Time Insights, Delivered

    Dirk Van de Poel, CPO & Co-Founder, Klarrio

    BI4ALL: Actionable Data Insights to Drive Business Success

    José Oliveira, CEO, Andro Moreira, Partner and Hugo Pinto, Partner, BI4ALL

    Datalabs: Empowering your data to Digital Transformation Journey

    Francesco Isabelli, Managing Director, Datalabs

    ITrust: Unparalleled Cyber Defense with Artificial Intelligence

    David OFER, Vice President, Jean-Nicolas Piotrowski, President, ITrust

    Tableau Software: Understanding Data Made Easy

    Adam Selipsky, President & CEO, Tableau Software

  • Ceeview: The True Next-Gen IT Service Management

    Carstein Seeberg, CTO, Dag Lund, VP Sales & Marketing and Anders Grindland, President & CEO, Ceeview

    EASYDESK: Reliable and Robust IT Service Management

    Adel Swaydan, Co-Founder & CEO, EASYDESK

    Manag-E Nordic AS: Providing Efficient SaaS-based Services

    Rolf Frydenberg, CEO & Partner, Manag E Nordic AS

    Zendesk: Data-driven Customer Service Experts

    Mikkel Svane, Founder and CEO, Zendesk

    Bureau van Dijk: Guiding Decision-making with Comparable Data

    Louise Green, CMO, Bureau van Dijk

    Dydon: Simplifying Compliance with AI

    Dr. Hans-Peter Guellich, CEO, Kristian Maiwald, COO and Bhupesh Belchandan, CTO, Dydon

Copyright © 2019 CIOApplicationsEurope. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap

follow on linkedin follow on twitter follow on rss
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://blockchain.cioapplicationseurope.com/vendor/blockinit-bringing-the-power-of-dlt-to-all-cid-491-mid-76.html