Tuesday, July 16, 2024
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HomeNewsDECENT and Venaco Group Create a New Blockchain Joint Venture, Equidato Technologies...

DECENT and Venaco Group Create a New Blockchain Joint Venture, Equidato Technologies AG

DECENT and Venaco Group are proud to announce a new Blockchain joint venture, named Equidato Technologies AG, based in Swiss Canton of Aargau.

The two Swiss companies are enthusiastic about the launch of this new venture and welcome the opportunity to work jointly on a very ambitious plan to bring Blockchain to businesses of all sizes. The combination of DECENT’s success in launching its proprietary Blockchain and Venaco Group’s experience with complex business and SAP technology transformations, provides the right mixture of capabilities for success.

Blockchain technology has been the beating heart of Bitcoin and the world of crypto since it was first released in concert with Bitcoin in 2009. Today, it has been deemed a foundational technology with the potential to create new economic and social frameworks. It is forecasted that 10% of global GDP will be enabled by Blockchain by 2027. Such forecasts are edging major companies toward integration, providing a window of opportunity for businesses that offer Blockchain services.

A major factor in the adoption of Blockchain into businesses is connectivity to SAP and other applications. A reported 74% of the world’s transaction revenue touches SAP software, making it by far the world’s most utilized software. Equidato Technologies AG aims to integrate Blockchain systems with today’s enterprise applications like SAP, has significant potential to advance Blockchain technology and consequently enable the reshaping of business models and industry value chains on a global scale. These efforts represent yet another milestone in the new era of Blockchain technology.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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