Reply is the place to meet an incredible variety of enthusiastic, passionate, ideas-driven people, who want to make a difference and an impact.Would you like to know more?
Blockchain stands as a certified layer for registering immutable, certain and indisputable information records.
By certifying customer digital identities and attributes, blockchain could streamline Know Your Customer (KYC) verification activities.
Smart contract technologies allows for shared business rules and automatic business execution among different stakeholders.
Blockchain stands as a certified layer – or single source of truth – for registering immutable, certain and indisputable information records. Indeed, blockchain notary capabilities could apply to both digital and physical assets, e.g.:
The Know Your Customer (KYC) verification process is typically associated with financial services subscriptions, such as opening a bank account or purchasing an insurance product. In particular, this type of verification allows service providers to:
Nick Szabo was the first to formalise the idea of smart contracts in 1993, as a protocol used to facilitate, verify and execute a contract. With the introduction of blockchain technology, the definition of smart contracts as blockchain-based software applications which do not necessarily require human intervention for their execution became established.
In fact, smart contracts are able to operate autonomously. In addition, being part of the blockchain, they cannot be altered (they can only be modified if the change is required by the contract itself). Similarly, their execution cannot be influenced, as the smart contract will always be executed according to its specific rules, which are stored in the blockchain.
Financial services are by far the most advanced industry in terms of blockchain exploration with both independent and consortium initiatives.
Insurance companies are in the ‘peak of inflated expectations’ phase referring to Gartner hype classification.
Healthcare companies are starting to see the potential of the emerging technology, with a wide set of possible applications envisioned.
Blockchain has the potential to be combined with contracts technologies to drive significant innovation in the Energy industry.
Traditional telecoms providers are yet to embrace Blockchain, however Blockchain could offer new monetisatable services for their customers.
Within the Retail industry, the Blockchain paradigm can impact and disrupt a wide range of processes, from Supply Chain Management activities to Sales and After Sales Services.
Blockchain technology has the possibility of enabling service categories and home automation with the Property industry.
Property: a Blockchain accelerator manages the change of property ownership, in other words the transfer of ownership of any digital or physical asset (e.g. vehicles, equity, houses, etc.). Through the registration of a transaction in the Blockchain register, the identity of the seller and the buyer, the unique identifier of the asset and the time stamp associated with the transaction are guaranteed and cannot be modified.
Voting: in contexts that require a high level of transparency and security, such as voting in public ballots (e.g. to express a preference in a survey), the Blockchain technology relies on crypto currencies to guarantee both the legal certainty of the vote and the transparency of the process.
Ticketing: ticketing and couponing systems are highly complex. Furthermore, the risk of distributing counterfeit tickets is a major problem even for the more advanced and modern systems. Through the use of a web platform that exploits the specific features of Blockchain technology, it’s possible to create a secure and interoperable couponing/ticketing solution that still ensures the best possible end user experience.
SDN Security: the rise of Software-Defined Networks means that there are new ways for hackers to enter a network or system. Securechain is the solution that introduces security gateway into SDN, whilst creating a forensically auditable and unchangeable log of events. Securechain is built on the Ethereum Blockchain.
Secure Authentication: Authentichain is a new authentication system developed using Blockchain Technology. With Authentichain, it is possible to manage a private network of smart devices that are mutually authenticated and verified. It is also possible to easily extend the network and connect it to other networks (e.g. service providers, specialised technical support, etc.) while guaranteeing the actual identity of the parties involved and the traceability of access.
Insurances: over the years, complexity and costs related to the management of insurance processes have undermined the profitability of companies and inhibited the distribution of innovative insurance products. Insurechain is a solution that facilitates the automation of premium calculations, the management of appraisals and the settlement of certain types of claims, ensuring end-user transparency.
IoT (Internet of Things): things rely on the use of the Blockchain technology to manage the authentication and integrity of messaging between themselves, in order to guarantee the use of a safe and reliable IoT network.
NFTs (Non-Fungible Tokens) can be described as cryptographic digital assets registered and transferred on the blockchain and with the advent of the Metaverse, they are set to play a crucial role.
Within this constantly changing reality, Reply is the ideal partner to undertake a digital transformation journey supported by Blockchain.
Since October 2020, the market has been insistently debating the Digital Euro, after the ECB published its report on the work carried out so far. This first signal, however, came after years during which the topic of digital currencies had already begun to be widely discussed in the rest of the world. So it makes sense to ask ourselves an important question: are we still in time?
Reply, whose approach has always been focused on technological innovation, has partnered with the Italian Banking Association (ABI) Lab, a research centre for innovation that includes the main players in the Italian banking sector and technological partners for the experimentation of the Digital Euro.
Blockchain technology can be extremely effective in the healthcare sector, to enhance security, interoperability and transparency in relations between stakeholders in the healthcare landscape. Blockchain-based solutions can help steer the sector towards a Connected Care model based on personalisation and collaboration, enabled by hybrid care delivery systems and the introduction of digital therapies in the National Health System.
Blockchain technology can play a leading role in the digitisation and in the sustainable renewal processes of the Energy & Utilities sector, contributing to the transition towards more efficient business models with a greater degree of automation.
Blockchain technology can play an essential role in the digitalization of the public sector. The analysis of relevant applications highlights the sector’s evolutionary potential arising from the synergy between blockchain and other emerging technologies.
The official yellow WHO Certificates of Vaccination and Prophylaxis pass is commonly used as proof of vaccination status and is accepted internationally. On a case-by-case basis it completely serves its purpose but when applied in high-volume checks, the booklet format is bound to meet limitations. The solution: UBIRCH's Digital Vaccination Certificate – an extremely privacy-friendly, digital representation of a
Blockchain Reply focus in on
DDID and the potential the technology has to revolutionise
digital identity forever. Find out more about the different types of DDID, its use cases and benefits in Blockchain reply's latest article.
Blockchain Reply take an in depth look at how Artificial Intelligence solutions and products developed on top of proven blockchain technology will increase the capability and performance of machine learning to create new financial products by an order of magnitude.
In the first step of a
3 part journey taking you through
Mobile Edge Technology, this article will provide a general overview of what
Mobile Edge Computing (MEC) is, why it’s important, and why you need to
prepare for it.
Tommy Jamet, manager at
Blockchain Reply, discusses how blockchain can help industries put the
Covid-19 pandemic behind them in this
Information Age Editor's Choice Article.
Blockchain Reply's upcoming health credential solution is in the spotlight with Information Age, in a new feature exploring in depth the various use cases that blockchain technology has within the healthcare sector.
Today, there are dozens of serious projects with the shared goal of
making voting safe, secure, easy, and incorruptible. The majority of these projects have identified Blockchain technology as the key to making this possible. How can Blockchain can help save democracy in a post-pandemic world?
Few forces are as vital to the governance of society and the social fabric of human relationships as trust. Trust governs relationships by greasing the wheels of cooperation that allow us to live and work together with a sense of safety and belonging.
Blockchain enables the emergence of ‘trustless systems’ where we can rely on data given, without requiring physical presence. The primary benefits of Blockchain in corporate governance is that it increases efficiency by removing administrative burdens, mitigates the risk of fraud through an immutable audit trail, and generates greater transparency.
Discover solutions to five key challenges regarding ‘Remote Trust’ in a remote work world. More specifically, we’ll look at how DLT and Blockchain can practically help society overcome challenges.
In episode 4, we’re exploring the new world in a post-2034 financial collapse that sees the end of the US Dollar as the world’s reserve currency and the rise of the BitDollar — the official global currency representing cumulative global GDP.
In episode 3, we’re following on the post-Nationalist world to a new world where Conscious Capitalism can finally thrive with the help of Blockchain. Tune in for your next instalment of Block Mirror.
Tune in for the second article in a five-part series we’re calling ‘Block Mirror,’ exploring Blockchain’s role in the city of tomorrow. In this episode we will be exploring the lives of four friends who become involved in the Citizen of Earth movement, a campaign driving for decentralised governance, digital currencies and technologically enabled fairer immigration.
This is the first article in a five-part series we’re calling ‘Block Mirror,’ exploring Blockchain’s role in the city of tomorrow. Just like the TV show, Black Mirror, we’ll explore something different in each episode, except we’ll keep the same cast.
Experimentation of the national project will start in January 2020, promoted by CeTIF, SIA and Reply, in collaboration with Bank of Italy and IVASS/, to digitize the management of sureties using blockchain technology.
An emerging phenomenon is right in front of you. A new revolutionary way of funding introduced by blockchain technology.
That’s ICO, and consists of the issuance of new tokens that are sold to investors in exchange of the transfer of funds.
The sale of tokens is comparable to a crowdfunding campaign. Do you wanna know more?
Ten years after Bitcoin rolled out, blockchain disruptors’ efforts seems to have a long way from re-inventing the world in a decentralized fashion.
Indeed, it’s hard to find a single killer Blockchain application. Nevertheless, startups and corporates keep on struggling.
But we have monitored blockchain initiatives worldwide and developed an evaluation model. Take a look.
The first experiment with Blockchain technology in the insurance sector is under way, thanks to the initiative led by ANIA (National Association of Insurance Companies), with the collaboration of Reply, CeTIF (Research Centre on Technology, Innovation and Financial Services) - Università Cattolica del Sacro Cuore in Milan and with the participation of IVASS (Institute for Insurance Supervision)on the Scientific Committee.
In August 2017, the British government released a position paper on future customs arrangements with the EU following Brexit. Among other things, the paper suggested that new technology would address some of the challenges of maintaining trade “as frictionless as possible”. In this paper, we are looking at what
blockchain can and can’t do to address this challenge.
Brexit’s Irish trade problem looks ever more complex, assuming that the UK continues with its intent to leave the customs union and single market. Though the UK Government has not proposed it, blockchain-based supply chains with RFID might offer some part of an answer.
When it comes to overcoming the current crisis in the Italian financial sector, according to economist Stefano Zamagni, new technologies like Blockchain could play a crucial role.