We’re thrilled to support Digital Catapult in its exploration of the practical applications of blockchain and other distributed ledger technologies, not just in the legal profession but throughout any number of industries where there is opportunity for impact
Digital Catapult is focused on discovering and developing the application of Distributed Ledger Technologies (DLT), such as blockchain, to show how it can help create joint data infrastructure, ownership and management to unlock shared value.
When DLT is combined with technologies including AI and 5G it can improve trust and visibility in supply chains and create new business models.
Bringing leading technology businesses together with industry partners, researchers and business experts, each Digital Catapult Field Lab is framed around an industry-specific topic of interest. These clusters of commercial, research, and regulatory partners collectively explore the implications and benefits of DLT in chosen contexts.
The labs provide a collaborative process, and a framework within which to de-risk practical experimentation, and put new DLT applications to work. Organisations can deploy and test the latest technology in real-world (and close to real world) environments.
So far, Digital Catapult has created three DLT Field Labs: for the oil and gas industry, the construction industry and for the nuclear decommissioning industry, each of which has developed a roadmap for implementing change based on DLT as part of the advanced digital technology stack.