Innovation consulting methodology
Although blockchain technology is not applicable in every case, it does provide transparency, security, process automation, and traceability.
Use case study
We listen to the specific use case that you propose. If in your business or sector, any part of the production processes requires any of the above characteristics, we advise you on the implementation of this technology in them.
01.
Implementation solution
Through our ecosystem, we put at your service legal advice, strategic business consulting, communication, and technical support, and we design the implementation of blockchain technology in your project, and we accompany you throughout the process.
02.
Objective
Ensure that the project grows safely, from its design, or if it is already underway, make it more efficient, with full legal certainty
Use cases in implementation
of blockchain technology in business models
Did you know that blockchain technology is revolutionizing traditional business models?
From the supply chain to the management of intellectual property rights, through payment methods, the adoption of blockchain is redefining key sectors. In this section, we explore specific use cases that demonstrate how different industries are integrating this disruptive technology to optimize processes and create new business opportunities.
In which sectors can blockchain technology be implemented?
Distributed ledger technologies, including blockchain, are not magic solutions for all cases. Due to their characteristics, they are suitable for improving efficiencies in any process in which traceability, transparency, automation, and immutability of data are sought.
There are applications of blockchain technology that are transversal to any sector or economic activity, such as obtaining non-bank financing to undertake any type of investment, and other applications, or use cases, specific to certain sectors, such as the financial sector, with stock exchanges based on distributed ledger technology (blockchain).
Intellectual property and copyright
Blockchain technology is transforming the ways in which creators protect and manage their copyrights.
Blockchain is a distributed and immutable database, making it an ideal medium to register the creation of an original work, a book, a song, an original work of art, or any other creative content, which allows the author to have clear proof of both the authorship and the date on which it was registered.
In addition to the above, this technology allows automating the collection of royalties, through the use of smart contracts. Through these programs, we can manage the rights of use and payment conditions, in a transparent and automatic way, eliminating intermediaries, and ensuring that the authors receive their economic rights, each time their work is reproduced.
New financing avenues
This is one of the transversal application cases that can serve for any type of business, or sector, whether primary, industrial, services, third sector, etc.
Imagine that you need to make an investment of 1,000,000 euros to undertake a project of any kind, for example, buying assets necessary for your business, expanding markets, and you do not want to, or cannot, make use of traditional bank financing, but you have an important customer community.
It may be difficult to find someone to lend you that million euros that you need, but perhaps it is not so difficult to find multiple small investors, interested in your project, because they are already part of your community, or external ones who only know you for your products. Thus, with many investors, of small amounts, you can obtain your financing. It is what we call the democratization of investment. More investors, with smaller contributions, and without spatial limits, worldwide, investors from Zaragoza to Kyoto.
Okay Javier, but so far nothing new under the sun. I set up a round of financing, or a crowdfunding, and that’s it. You’re right, until now you could already do it. But the new thing comes from here, since if you tokenize the vehicle (round, loan, etc.), you add new value to the previous status quo, since you can get, automate processes and optimize the payment of interest (almost à la carte) to your creditors (tokenholders now), but not only that, but through the tokenization process you can provide that community with new advantages in acquiring your products, and even allow them to participate in decisions related to your company (design of new campaigns, or products), you strengthen the engagement with them.
These and many others are examples of the added value of tokenizing alternative investment.
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Personalized approach and regulatory compliance
The advice on the implementation of Blockchain technology in business models is always adapted to the specific needs of each client, with a comprehensive approach that covers both legal and fiscal aspects.
Strict adherence to regulations and rules in multiple jurisdictions, ensuring that each Blockchain project is completely legal and secure.
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Want to know more about blockchain implementation in business models?
Frequently Asked Questions
How can blockchain technology be applied to a business?
Blockchain technology is a database guarded in a distributed manner on each of the computers in a network, which records transactions securely, transparently, and in which you can only add information, never remove it.
Due to its characteristics, its application will improve efficiency in businesses that require traceability of their products, and the assurance of transactions between parties, without the intervention of third parties.
What benefits can the implementation of blockchain bring to a business model?
First, blockchain technology offers transparency, as the entire network sees what is happening in it.
In addition to the above, it offers security, since due to its technical characteristics, blockchain networks have a very low, or almost zero, vulnerability to attacks.
Finally, it provides efficiency to the processes, dispensing with the participation of intermediaries, and allowing the reduction of costs.
What sectors can benefit from blockchain technology?
Blockchain technology and tokenization are already completely changing some economic sectors, such as financial markets. But the revolution does not stop there. Supply chains, the health sector, intellectual property, entertainment, or the real estate sector, are some of those that have already begun their transformation.
Is the implementation of blockchain technology in a business costly?
Implementation costs will always depend on the type and needs of the business. Each project, in each sector, can be very different. It is not the same to implement from scratch, than to do it with already packaged products, that can serve the project to improve its efficiency.
Notwithstanding the foregoing, the advantages such as the reduction of intermediaries, greater security, the automation of processes, and even the opening of new markets, will undoubtedly compensate for the initial investment.
Resources on legal and tax advice on technology and digital assets
