Fujitsu Collaborates SettleMint for Blockchain Solutions
Fujitsu and blockchain firm SettleMint have agreed to collaborate on Fujitsu Enterprise Blockchain and Track and Trust Solutions. Four years back, Fujitsu established a Track and Trust Solution Center in Brussels, Belgium, while SettleMint’s headquarters are located close outside of Brussels. Fujitsu Ventures joined in SettleMint’s $16 million Series A fundraising round in November.
The two companies have collaborated in the past. Two years back, we posted about a solution for barley tracking developed by AB InBev, the manufacturer of Budweiser and Stella Artois. With Fujitsu as a consulting associate, SettleMint created the system.
Under the terms of the collaborative agreement, Fujitsu will offer professional facilities to rest of the SettleMint customers. This enhances SettleMint’s reputation and enables it to participate in ever-larger initiatives. Fujitsu will also employ SettleMint’s low-code blockchain middleware, which supports business blockchains including Hyperledger Besu and Fabric and also public blockchains Ethereum, Avalanche, Binance Smart Chain, and Polygon.
“The capability to quickly construct, deploy, embed, and track blockchain systems using SettleMint’s high-performance low-code programming environment aligns with our portfolio approach in the corporate blockchain arena,” stated Fujitsu Track & Trust Division Head Frederik De Breuck.
Fujitsu contributed significantly to the Hyperledger Cacti interoperability software’s underlying code. Fujitsu’s ready-made distributed ledger technology (DLT) based solutions encompass digital identification and smart document administration, in addition to involvement in many traceability systems, spanning from rice to recovered carbon fiber.
Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.