[MEMBERS SPOTLIGHT] AceBlock helps B2B customers understand blockchain business models and build blockchain-based solutions
AceBlock blockchain framework has been developed by company Netis, a pioneer of blockchain technology in Slovenia with an aim to bring blockchain closer to businesses by offering them a set of pre-developed solutions to speed up their time to market. The company works with domestic and foreign partners and is as a blockchain technology provider a part of several consortia. As representatives of Slovenia, their experts are also active in the Core Services Team of European Blockchain Infrastructure (EBSI).
Much has been written about blockchain technology, and in line with media popularity, a lot of ambiguity has come to the area. Therefore, stable and real businesses striving for tangible technology results are crucial throughout this time to bring stability, understanding and confidence to this young industry.
One such is certainly Netis, which has been successfully navigating blockchain for almost a decade under the auspices of Tomislav Mučič and Andrej Plankar. The big proponents of technology were certainly one of the first in Slovenia to recognize the value and the impact that blockchain technology will have on different areas, and consequently from 2011 started researching the field and forming a team of highly-trained blockchain experts and technology researches.
Why are we mentioning Netis, and not AceBlock? Certainly, Netis is the name that is better known to the Slovenian public as the company has supported several successful blockchain startups with technology and marketing consulting. However, in its core, Netis has always been primarily focused on the development of proprietary blockchain technology for business use. To this end, they have combined the technology and solutions they offer to the global market under the AceBlock brand.
AceBlock aims to bring blockchain closer to businesses. Their technology framework simplifies the time-consuming and complex processes for many companies that are interested to deploy blockchain in their business models, but lack the expertise to fully develop the blockchain solution on their own. The framework offers their customers to build blockchain solutions on top of AceBlock permissioned network and has several predeveloped solutions to speed up time to market.
As it has proven on the market, one of the key and most sought after solutions is AceID, AceBlock’s solution for self-sovereign identity on blockchain, which protects all service-oriented businesses from liability when dealing with sensitive personal information online, as well as enables users to own and handle their private data in a secure and easy-to-use manner.
The company has also developed AceSpace, a solution for distributed data storage that helps businesses manage large volumes of data cost-effectively and in compliance with regulations by encrypting the data and splitting it into pieces; whereas, in the coming year, they also plan to offer the app to users.
In addition to collaborating with domestic and foreign companies, AceBlock’s experts were also appointed by the Republic of Slovenia to take part in working groups for EBSI (European Blockchain Services Infrastructure) and ESSIF (European Self Sovereign Identity Framework), with the key objective to offer advice in the initiative to build a model of digital services and digital identity to work across the globe.
No matter the early day, AceBlock’s experts are therefore very confident to further grow their position and certain that initiatives such as ESSIF will significantly accelerate an emerging market on blockchain solutions in the coming years.