Grandeo Labs advocates blockchain, distributed ledger technology, will transform the way data is stored and controlled for all businesses and the public sector in the next five years. Bitcoin core has demonstrated the immutability and hackproofness of blockchain technology. Legacy spaghetti IT systems will be replaced because they are expensive, hackable and controlled by third parties.
Hacks and release of confidential data into the public domain has eroded trust in certain institutions (spreadsheet of big hacks / breaches / incompetence) The EU's Global Data Protection Regulations are bringing back personal data ownership.
Grandeo Labs researches and analyses use case scenarios and prototypes blockchain examples. Although agnostic regarding fabric our preference is Linux Foundation's hyperledger. However, the fabric is only one concern: we consider the public and private aspects along with the use of chain sharing and security. We work in conjuction with leading academic institutions and technology companies.