Our Blockchain COE was founded in 2016 when privacy models and smart contracts created opportunities for financial services applications. We compiled a cross-functional team to develop proof of concepts across the leading open source blockchain platforms. A team of Business Analysts identified problems facing the industry and ideated on network solutions enabled by the technology advancements of blockchain.
To expand its presence within the blockchain ecosystem, the COE established strategic partnerships with the Enterprise Ethereum Alliance as a member of the Banking Working Group and led their Architecture sub-working group, the Microsoft Azure Blockchain Council, and partnered with R3 on the largest, global KYC project in the world.
The objective was to establish early industry leadership in Blockchain through demonstrating functional and technical engineering innovation, to deliver commercial success and impact the industry.
The COE has proven that a long-term approach and depth of knowledge derives results. Our expertise has expanded to cover insurance claims. mortgage financing, trade finance, payments, and margin calls. Given the success of the program, Synechron has received 7 awards and accolades so far.
Microsoft