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Enterprise Blockchain Innovation
Innovation practices are essential to enterprise success, and the capacity to innovate is the power behind organizations leading their industries. Introducing new technologies can provide opportunities, but focusing and honing on the right priorities is crucial in competitive markets. Finding a trusted innovation advisor can amplify success through design thinking methodologies, disruptive program development, identifying complex challenges and identifying programs with the highest potential returns on investment (ROI).
Innovation and change can be resource-intensive. Careful evaluation and strategic prioritization of ideas are essential to maximize value and minimize investment risks.
FTI Technology’s Blockchain & Digital Assets Practice stands ready to empower both crypto-native and traditional organizations to to navigate the ever-evolving digital assets landscape confidently. Our team is a powerhouse of expertise, comprising blockchain solution architects, computer scientists, innovation leaders, futurists, former telecom executives, legal experts and quantitative analysts. We have successfully developed transformative programs across various industries, including aerospace, manufacturing, high technology, finance, retail, education, agriculture and oil and gas.
Our unmatched blend of in-depth knowledge in blockchain and digital assets, innovative strategies, and extensive industry experience uniquely positions us to drive your success. Partner with us, and together, we will unlock the full potential of innovation in your organization.
Our Solutions
Innovation Concept Design
Our experts analyze and illustrate potential scenarios to help companies explore innovative opportunities. By carefully examining industry trends, we create scenarios and speculative designs highlighting potential future innovations, focusing on process optimization and value creation. We thoroughly assess current projects, comparing them with future ideas to identify new opportunities that effectively utilize existing and emerging technologies, such as blockchain.
Services include:
- Trend Research and Synthesis
- Scenario Planning
- Ideation Concepts and Minimum Viable Product ("MVP") Development
- Strategy and Backcasting
- Use Case Scenario Modeling
- Future Project Analysis and Potential Outcomes
- Proof of Concept ("PoC") Generation
New Business Venture Ideation
Innovation departments are at the forefront of managing diverse projects and identifying high-potential business opportunities. Our expertise ensures that initiatives ready for real-world application are effectively transformed into production-ready products. This process demands a clear vision and deep knowledge of business venture creation. We empower clients to scale their existing businesses or launch new venture spin-offs and secure funding opportunities.
Services include:
- Identifying and prioritizing growth initiatives
- Crafting robust business plans
- Evaluating product-market fit and growth potential
- Executing ROI-driven go-to-market strategies and reassessment plans
- Mapping and engaging stakeholders effectively
- Defining clear, actionable roadmaps
- Conducting thorough regulatory impact assessments
- Enhancing capabilities through targeted training and workshops
Full-Scale Innovation Development
We provide end-to-end guidance at scale. We work with clients at any phase of their innovation process, contributing to their growth and success. Our engagement model is built to address different levels of innovation maturity to support clients at various stages, including:
- Ideation: A program to validate ideas, concepts and plans, outlining your path to success.
- Scale and Deploy: A program to get your ideas “launch-ready” using effective tools, methods and resources.
- Managed Solutioning: A program designed to scale and manage your blockchain-based solution, providing analytics, monitoring methods and tools to ensure long-term adoption and sustainability.
Related Resources
Case Study
When a Fortune 100 company was exploring a partnership with a layer-1 blockchain platform, FTI Technology’s Blockchain & Digital Assets practice was engaged to conduct a reputational, operational and financial diligence of the target.
Compliance in the Digital Assets Ecosystem
The emergence of cryptocurrencies, NFTs, and other digital assets presents unique opportunities and challenges for blockchain-centric companies, traditional financial institutions, and legal teams worldwide.
The decentralized nature of crypto-native companies poses specific challenges that require technology-centered due diligence. These challenges extend beyond traditional technology and finance, including custody, layer-1 protocols, smart contracts, dApps, token offerings, DeFi projects, crypto mining operations, and crypto exchanges. FTI Technology’s services are designed to effectively address these unique challenges, offering expertise and insights that surpass and complement traditional document-based due diligence assessments.
White Paper
Revolutionizing Third-Party Risk Management with Blockchain Technology
In the rapidly evolving digital economy, organizations face heightened challenges in managing risks associated with third-party partnerships across artificial intelligence, blockchain and digital assets. Traditional third-party risk management (TPRM) approaches often fall short in addressing the complexities of today’s digital risks, regulatory compliance demands and need for transparent, real-time monitoring. This paper explores the imperative role blockchain technology can play in transforming TPRM strategies, offering a sophisticated, secure and efficient framework for managing third-party risks in high-tech industries.