transcosmos supports clients’ digital transformation by becoming an early adopter of blockchain technology, on top of taking initiatives for the rapidly growing AI/Machine learning area.
December 04, 2017
transcosmos America Inc., a U.S. subsidiary of transcosmos inc. joined the “Enterprise Ethereum Alliance (EEA)”, a community of industry experts which promotes the adoption of Ethereum blockchain to enterprises and organizations, as of November 20, 2017.
Blockchain technology is already widely used for cryptocurrency and financial services. transcosmos decided to join the EEA looking into the future where the technology is used in non-financial corporations and organizations. With a view to adopting the technology into transcosmos’s business areas including digital marketing, e-commerce, contact centers, within the BPO sector including supply chain operations, and public-works, transcosmos will aggressively participate in the EEA’s various working groups and drive initiatives to conduct a proof-of-concept.
Blockchain is a technology based on distributed ledger technology and is already in use for new payment systems and cryptocurrency. The scope of its usage is expected to grow into diverse enterprise services. Especially so called smart contracts run by Ethereum blockchain platform enable users to execute various transactions automatically, without control of any government or company, which means the Ethereum smart contracts realize highly reliable, truly decentralized services and PtoP (Peer to Peer) services outside the control of any central body.
The internet came into existence at the end of 20th century. For the past 10 years, majority of the services were cloud-based, controlled by central bodies. Now, decentralized services without any control body show huge potential for gaining power. PtoP services, the ultimate model of the decentralized services, have become more of a reality and it is highly likely that various personal asset transactions will take place on the blockchain in the near future. In other words, with the blockchain technology, not only information but also a variety of enterprise and personal assets including knowledge, skills and resources can be exchanged automatically via the internet, outside the control of any central body, without sacrificing security.
This will bring a broad spectrum of revolutionary services, yet, in order to make it come true, it is essential to improve the performance of the blockchain and strengthen operations management. The “Enterprise Ethereum Alliance” was formed to addresses these challenges.
transcosmos has been and is an early adopter of the latest technologies and is always ready to offer cutting-edge services and solutions to clients. transcosmos supports clients’ digital transformation by becoming an early adopter of blockchain technology, on top of taking initiatives for the rapidly growing AI/Machine learning area.
Having transcosmos America Inc., which is located in the advanced market of enterprise blockchain services, join the “Enterprise Ethereum Alliance”, transcosmos will share and analyze best practices and challenges from the latest case studies to drive clients to adopt blockchain technology whilst conducting proof-of-concepts.
Formed in January, 2017, EEA has rapidly grown to the world’s largest open-source blockchain initiative, supported by over 200 member enterprises and organizations (as of October, 2017). Today, EEA offers the most industry-focused, member-driven Working Groups. EEA’s membership represents a wide variety of business sectors from every region of the world, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance, as well as a number of fast-growing Ethereum startups.
The EEA is an industry-supported, not-for-profit established to build, promote, and broadly support Etererum-based technology best practices, open standards, and open-source reference architectures. The EEA is helping to evolve Ethereum into an enterprise-grade technology, providing research and development in a range of areas, including privacy, confidentiality, scalability, and security.
About transcosmos inc.
transcosmos launched its operations in 1966. Since then, we have combined superior “people” with up-to-date “technology” to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients’ business processes focusing on both sales expansion and cost reduction through our 177 locations across 33 countries with a focus on Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of e-commerce market on the global scale, transcosmos provides a comprehensive One-Stop Global E-Commerce Services to deliver our clients’ excellent products and services to consumers in 49 countries around the globe. transcosmos aims to be the “Global Digital Transformation Partner” of our clients, supporting the clients’ transformation by leveraging digital technology, responding to the ever-changing business environment.
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