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Blockchain Services for Technology, Media, and Telecommunications
Enterprise blockchain: making it real
Blockchain technology can help organizations cut costs, mitigate fraud, and secure assets while laying the foundation for larger revenue opportunities. Deloitte’s blockchain services for technology, media, and telecommunications companies are designed to help companies developed tailored blockchain solutions that support their businesses.
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- Why blockchain?
- Blockchain applications for TMT companies
- How Deloitte can help
- How a blockchain pilot works
- Get in touch
Why blockchain?
Enterprise data continues to explode, increasing the opportunity for shared business processes across organizations. Current intermediary “trusted” parties that validate data and execute centralized processes are costly and require compliance audits. Integration efforts to improve visibility in supply chain, distribution, and finance processes are inefficient and costly to maintain. Global transfer of assets and value in the form of contracting and payments are slow, expensive and non-transparent. Data privacy regulations around the world require enterprises to take a fresh look at data fidelity and user data controls.
Whether you’re an advertising company or hardware manufacturer, blockchain offers the potential to significantly improve both internal and customer-facing processes. For example, blockchain applications for media distribution companies might include streamlining rights management or royalty distribution, while a blockchain application for entertainment companies could allow users to trade digital assets across platforms. On the other hand, communications service providers could develop blockchain applications to provision their 5G networks. The possibilities are truly unlimited.
Blockchain applications for technology, media, and telecommunications companies
How Deloitte can help
Blockchain is still uncharted territory. Deriving maximum value from blockchain applications for technology, media, and telecommunications companies depends on an organization's core strategy and every company is different. Deloitte helps organizations, enterprises, and startups alike achieve their goals with respect to blockchain innovation and ideation, strategy development, prototyping, and product development.
Learn more about our Blockchain solutions and related offerings.
Technology, Media & Telecommunications practice, by the numbers
- 50+ prototypes developed
- Nine development teams in global delivery network
- 700+ blockchain practitioners from 40 countries
How a blockchain pilot works
We work with clients to identify blockchain solutions with the potential for the greatest impact on their business. We then test our hypotheses by conducting a series of rapid, time-boxed pilots.
Phases of a blockchain pilot
Discover more insights around blockchain:
How can telecom, media, and entertainment find the value in blockchain?
User Friendly podcast: Blockchain and its applications in tech, media, and telecom
Get in touch
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