Blockchain Technology for Information and Communication Technology

Fujitsu

Blockchain Technology for Information and Communication Technology

Fujitsu Fujitsu
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OVERVIEW

The efforts involved in the application of blockchain technology have highlighted several technical challenges. These include the necessity of a more robust security technology that enables its safe use and faster processing speed. 

Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions and services.

"FMAB" is Fujitsu's architecture concept for blockchain technology.

The FMAB concept involves the use of different layers, such as data management layer for a blockchain and a business function layer for a business. The layers are seamlessly linked such that the blockchain can be easily used in an enterprise domain. The Hyperledger Fabric Framework is implemented in the data management layer while the business function layer includes data access control and participating members management in which a consortium can be easily established and used. These function aid in solving privacy issues and long standing challenges for the technology, and they reinforce trust among the consortium participants. 

IOT
Emerging (technology has been on the market for > 2 years)
OPERATIONAL IMPACT
Blockchain technology is characterized by ensuring security through verification of the transaction information by all network participants, thus preventing illegal activity. 

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