Talos Enterprise Blockchain (TEB) has launched. The company is entering the digital transformation market with established clients supported by a management team with decades of experience in consulting and blockchain. In addition to this team is the expertise in transformations using blockchain and a global network of partners and organisations, which include the Enterprise Ethereum Alliance. This enables TEB both to facilitate and accelerate time to market.
“At Talos Enterprise Blockchain our focus is on ensuring enterprises reach the right business outcome with blockchain,” said Partner Shahid Ahmed.
“From the start of engagements we utilize the TEB methodology to determine whether blockchain is the right technology of choice. For this emerging technology, it is as much a business decision as a technical one.”
Talos Enterprise Blockchain
Talos Enterprise Blockchain offers solutions at every stage of blockchain development, including:
- strategy consulting
- management of large scale, permissioned-based blockchain networks
- driving business outcomes
- developing the most appropriate crypto/regulatory approach.
For all these TEB can assist, or guide, enterprises which wish to deliver digital transformation using blockchain technology.
In TEB’s view, its strength lies within its team. This includes:
- Michael Luna
- Shahid Ahmed
- Amyn Gillani.
Luna is named on more than 117 issued U.S. patents and was CTO at Jawbone, Jawbone Health and Openwave. A member of the Federal Communications Commission (FCC) Technology Advisory Council, Ahmed was previously with Accenture and Pricewaters Coopers. He has experience of driving digital transformation within the telecoms and technology sectors. Gillani is the Talos Digital CEO and a Mentor at The Founder Institute and Business France.
Said Partner Amyn Gillani: “At Talos Enterprise Blockchain, we’re bringing a world-class team to drive digital transformation. We believe this is the right solution and time for enterprises to consider blockchain.”
Enterprise Times: what does this mean
For Talos Enterprise Blockchain, the global blockchain industry is attractive. According to IHS Markit the market size will exceed US$2T by 2030. As TEB acknowledges, reaching US$2T by this date would represent massive growth, given that ‘only’ US$2.5B was invested in tech globally in 2017.
Nevertheless, as Enterprise Times has covered in the past 2+ years, multiple industries are showing explicit interest, from financial services to supply chain/logistics to trade finance to food quality to identity management to healthcare – and more.
While blockchain offers solutions for enterprises, detail about the Talos Enterprise Blockchain offering is thin. There is little about technology and much about claims to service expertise. There is nothing inherently wrong with this, other than blockchain seems (to Enterprise Times) to demand hard evidence of the practical.