Fujitsu and SettleMint initiate a global strategic agreement to accelerate enterprise blockchain technology: Fujitsu Global
Fujitsu Limited, SettleMint NV
Tokyo, Japan and Leuven, Belgium on 25 November 2022
Fujitsu Limited and SettleMint announced today that they have entered into a global strategic agreement to accelerate the digital transformation (DX) of Fujitsu Enterprise Blockchain and Track and Trust Solutions. To initiate co-creation activities, Fujitsu has made a strategic investment in SettleMint through a fund managed by subsidiary Fujitsu Ventures Limited.
SettleMint and Fujitsu Limited decided to collaborate and accelerate the development and promotion of use cases to solve societal challenges and contribute to the realization of a shared vision of creating a sustainable world and solving social problems through innovation.
Under the agreement, Fujitsu will also use the SettleMint high-performance low-code Blockchain platform for customers in Japan and globally as part of the Fujitsu Uvance Digital Shifts solution portfolio. Fujitsu will also provide professional services to help SettleMint customers develop and operate new systems, as well as modernize their existing systems by leveraging the breadth and depth of knowledge built up in the Enterprise Blockchain and Track and Trust Solutions team of Fujitsu Uvance Digital Shifts.
SettleMint and Fujitsu will work together to provide joint use cases, technology roadmaps and solutions that draw on the digital experiences and solutions of both companies, including traceability solutions, reliable data processing, analytics and advanced data transparency using blockchain technology.
“Our goal at SettleMint is to accelerate blockchain adoption for every organization, empowering them to innovate without barriers,” comments Matthew Van Niekerk, Founder and CEO, SettleMint. “Partnering with Fujitsu will allow us to expand our reach and provide even greater value to customers around the world.”
Frederik De Breuck, Head of Fujitsu Track & Trust Division adds: “The rapid way to build, launch, integrate and monitor blockchain implementations with a high-performance low-code development environment of SettleMint fits into our portfolio strategy in the enterprise blockchain space. . Over the past few years both teams have already collaborated on projects such as our AB InBbev 100% Transparency project. The way of working and the co-creation mindset on both technology and business topics is a recipe for success.”
From an industry perspective, this collaboration offers the potential to accelerate Fujitsu’s experience, depth and customer base in multiple industry verticals, including manufacturing, financial services, public sector, healthcare and telecommunications.
The new global partnership builds on both companies’ work on trusted data, traceability, ESG and sustainability challenges in Europe, Japan and the rest of the world, including efforts to better manage and understand the impacts on customers and their increasingly complex ecosystems.
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About SettleMint
SettleMint is a high-performance low-code blockchain application development platform that empowers engineering teams to build, integrate and launch applications on web3 infrastructure. SettleMint is the answer to moving quickly and easily from use case concept to business case realization at a fraction of the time and risk than some other solutions can offer.
The SettleMint platform makes it easy for IT teams to deliver blockchain applications quickly, by taking a visual development approach to deploy nodes, create new or customize smart contract templates, integrate end-user applications, and program complex and data integration flows with the 4,000+ pre-builts. , fully configurable contacts. The platform includes a suite of ready-to-use tools, frameworks, templates and APIs to accelerate the development of any blockchain application.
About Fujitsu
Fujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to solve some of the biggest challenges facing humanity. Our range of services and solutions is built on five key technologies: computing, networking, artificial intelligence, data and security and converging technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenue of 3.6 trillion yen ($32 billion) for the fiscal year ending March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.
About Fujitsu Ventures
Fujitsu Ventures is a 100% subsidiary of Fujitsu Limited, and was established on March 1, 2021 as part of the Fujitsu Group’s growth investments with the purpose of managing CVC funds that invest in startups and other businesses.
URL: https://www.fujitsu.com/jp/group/fjv/en/
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All company or product names mentioned herein are trademarks or registered trademarks of their respective owners. The information provided in this press release is accurate at the time of publication and is subject to change without prior notice.
Date: 25 November 2022
City: Tokyo, Japan and Leuven, Belgium
Company: Fujitsu Limited, SettleMint NV
