Business Engineering Institute opens competence center for blockchain

After many years of research and application work in the field of Blockchain, the Business Engineering Institute St. Gallen is launching its new competence center "Blockchain Ecosystems" in summer 2018.

The "Blockchain Ecosystems" competence center of the Business Engineering Institute in St.Gallen is in the starting blocks. (Image: wsf-f - Fotolia.com)

According to research by the Business Engineering Institute St. Gallen, over 90% of respondents consider blockchain and distributed ledger technologies (DLT) to be highly relevant and sustainable. However, relatively few companies have yet begun concrete implementations and well under 10% have ready-made solutions. Mostly, activities take place at the level of individual, siloed prototypes or concepts. The reasons for this are: Uncertainty in assessing the potential of individual use cases, the lack of internal know-how, the high complexity of the technology, and the lack of corresponding collaborations in ecosystems. It is precisely these challenges that the competence center addresses.

Blockchain implementation is more than building prototypes

The aim of the Blockchain Ecosystems Competence Center is to shape the systematic and successful long-term use of blockchain and DLT in companies. The focus is on the development of new business models, the development of use cases, strategies and roadmaps for dealing with Blockchain in companies and the introduction of participants to the technologies required for implementation. Concrete implementations enable the "tangible" transfer to the participating companies.

CC Blockchain Ecosystems - Community for successful implementation

The Blockchain Ecosystems Competence Center brings together practice-oriented scientists and selected companies in a cross-industry and long-term community. In the first cycle (2018-2020), a comprehensive set of methods for establishing blockchain-based business models and innovations will be developed. For the purpose of know-how transfer and impulse generation, joint as well as dedicated PoC's (Proof-of-Concepts) accompany the activities.

The overarching objective of the competence center is to equip community participants with all the tools they need for the sustainable and successful implementation of blockchain/DLT in their own companies. In addition to well-founded expertise and consistent overall models and POCs, this also includes a constantly updated overview of new trends and developments and an intensive exchange within the community.

More information about the competence center: www.cc-blockchain.com

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