Focus on blockchain for tech firm

The company has launched a consortium to accelerate blockchain technology

Focus on blockchain for tech firm


By Rebecca Pike

The technology firm behind broker tool Ezidox has launched a consortium with a focus on accelerating blockchain technology.

Lakeba was also behind recent tests to use blockchain to prevent loan fraud, with the ability to pick up fraudulent documents such as payslips.

The consortium of leading technology, law, taxation and educational firms launched Lakeba Future Hub at an event in Sydney last week.

Recognised for being one of the first technology companies in Australia to have live commercial blockchain pilots across multiple sectors, Lakeba is working with Microsoft, IBM, Macquarie University, cryptocurrency and blockchain legal expert Piper Alderman, and taxation expert Grant Thornton.

The aim of the Future Hub is to help businesses navigate the pathway for implementing blockchain and cryptocurrency solutions.

New partners relevant to the vision of the Future Hub will continue to be added as the consortium grows in scope and footprint.

Giuseppe Porcelli, CEO and founder of Lakeba Group, said, "All our partners involved will benefit in shared knowledge, and in having expert partners on tap to help their own customers in the development and implementation of blockchain and other emerging technologies such as Machine Learning, AI and Quantum Computing.

"Ultimately, we want to drive an entrepreneurial mindset for Australian businesses and strengthen enterprise level innovation in this market.

“Lakeba is one of the first to have commercialised a range of blockchain solutions as a result of recent strategic partnerships across a number of industries including energy, education, resources, banking, and professional services groups.

"The accelerated investment in the development of blockchain solutions by our customers is evidence of the fast-growing demand and confidence of business leaders for this emerging technology."

Darren Younger, chief growth officer for Lakeba, and newly appointed head of the Future Hub said, “It was gratifying to see the level of interest from Australian companies who have long wanted to take the blockchain journey, however hadn’t the confidence of doing so for lack of knowledge and awareness of the blockchain expertise available in this market.

"Lakeba’s Future Hub brings together a fully-fledged 360 degree service for every aspect related to the development and commercialisation of blockchain solutions."



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