itootechnologies

Welcome to Itootechnologies

Blockchain

Unchaining business through the Blockchain

New digital ecosystem -Blockchain

The main characteristics of Block is Immutability, reliability, complete transparency, and security of transactions, within a decentralized ecosystem. Blockchain is matured and moving from being a frontier technology to one capable of having an innovative impact on society, industry, trade, and governments.

The benefits

T Trust and responsibility

Trust and responsibility

With Blockchain no third parties are needed to certify the accountabilities of stakeholders, because all those belonging to the same ecosystem can carry out their activities and, at the same time, verify those carried out by others.

H High availability and flexibility

High availability and flexibility

Blockchain solutions create highly resilient ecosystems, where any tampering attempt is inhibited by default and damaged data can be restored thanks to the redundancy of the network. This guarantees data integrity and the continuity of processes that are based on them.

S Single point of truth

Single point of truth

Determining a Single Point of Truth is one of the key factors in ensuring data consistency in companies. Realizing it through a Distributed Ledger Technology (DLT) or Blockchain is easier because both allow you to have a distributed database, which data is kept redundantly across the nodes participating in the network.

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Our Value Proposition

We provide solutions in Blockchain and Distributed Ledger Technologies and are participating in the international working groups on Blockchain and DLT, focused on designing and developing the best Blockchain strategies at all levels. We along with our partners are constantly working with clients in exploring how to best use this technology.

Blockchain Consulting, Implementation & Security Assessment

Enabling government entities, regulators and large enterprises set up cross-border, national and city scale Blockchain platforms in areas of Digital Government Transformation, Financial Regulation & Supervision, Trade and Supply Chain – across a few industry verticals.

Blockchain Consultancy & Center of Excellence

iTOO helps some of the largest enterprises, government entities and industry consortiums ideate their blockchain business cases. We cut through the fluff and demystify your business challenges through the right use of blockchain technology. 

We work with some of the agilest government and private sector organizations. To help prepare entities for a decentralized future our experts are actively building use cases across Government, Real Estate, Health Care, Telecommunication, Logistics, Customs, Aviation, Oil & Gas, Transportation, Education, Taxation, Law Enforcement, Power Distribution and many more sectors. 

Team of Blockchain Evangelists

Our consulting team comprising of some of industry’s best Blockchain and Subject Matter Experts help organizations identify specific business and organizational challenges where Blockchain Technology can be leveraged to decipher and address these challenges. 

With our pragmatic and agile approach, we convert your vision into a tangible working solution blueprint jointly with your teams and thought leaders. 

Thought-Leadership Across Forums

Our thought leaders actively contribute to numerous global research papers, blockchain toolkits and feasibility frameworks for organizations such as World Economic Forum, World Trade Organization, Hyperledger Foundation, and many more.

Move Past Towards Implementation

It is our deep understanding of industry challenges and our ability to quickly identify the right and pragmatic use of blockchain technology for the relevant business challenges that makes our teams of techno-business experts distinct from others in the industry. 

Our production grade blockchain implementations have reshaped organizations, our teams do not adopt any adhoc or tactical approach to your blockchain needs. We embark organizations on a multi-year blockchain strategy that solves real problems of today and tomorrow for your organization and business eco-system(s). Our consultants are leading industry contributors and thought leaders in the evolution of blockchain technology and its utility across verticals. 

Understanding the ROI of Blockchain Technology

In a recent study by a benchmarking firm McLagan, an in-depth impact analysis and fact-based estimates of the cost savings and other benefits that might be achieved by a blockchain based business application were assessed and highlighted the following: 

  • 70% – POTENTIAL COST SAVINGS ON CENTRAL FINANCE REPORTING
  • 50% – POTENTIAL COST SAVINGS ON CENTRALIZED OPERATIONS
  • 50% – POTENTIAL COST SAVINGS ON BUSINESS OPERATIONS
  • 30-50% – POTENTIAL COST SAVINGS ON SAVINGS ON COMPLIANCE

Blockchain Orchestration Platform

Cipher is a blockchain agnostic orchestration and governance platform that can ride on any underlying Blockchain technology. 

Lauded as one of the best blockchain implementation platforms globally by top technology experts, journals and independent research bodies and governments Cipher embarks organizations on a multi-year strategic blockchain adoption journey as opposed to a short term tactical and adhoc single use case implementation approach. 

Cipher has been enabling large enterprises and government entities to embark on their multi-year blockchain adoption journey. Cipher comes pre-packaged with dozens of components and micro-services that are required in any blockchain implementation. 

Cipher also comes pre-loaded with integration adaptors for all prevailing blockchain platforms, thereby enabling organizations to abstract their legacy systems and ERPs from the underlying blockchain platforms. 

Cipher Key Features

  • Seamless Onboarding of Partner entities
  • Proactive governance and monitoring of multiple blockchain networks
  • A robust API framework that abstracts and integrates legacy systems with the blockchain plane.
  • Seamless deployment of smart contracts through intuitive User Interfaces
  • Cross Chain Orchestration and data sharing
  • Built-in set of ready micro-services to deliver the end-to-end blockchain solution faster and decrease the time to market.

Our Blockchain Vision

We strongly feel blockchain is here to stay, and that your organization needs to prepare itself up to launch multiple blockchain initiatives by either championing or joining different local, regional or international consortiums and networks. 

Platform Agnostic Dapp 

Cipher is an overarching and comprehensive framework that not only enables organizations to launch blockchain solutions much faster, but it also provides a solid architectural base for future blockchain implementations. 

Cipher is powering many government entities, regulators and large enterprises for their blockchain networks and initiatives across numerous industries in the areas of: 

  • Digital Government Transformation
  • Financial Regulation and Supervision
  • Trade and Supply Chain

Platform agnostic solution to execute, monitor & govern your network

Our cutting edge blockhain technology platform Cipher is complemented by our teams of experts that are well-versed with handling and managing multi-organization blockchain platforms. 

Our consulting teams, Subject Matter Experts along with our Project Management teams deploy a pragmatic approach and framework to ensure 100% project success rate and desired ROI from your blockchain consortium. 

In addition to technological hurdles, we completely understand the challenges that come with doing a project with multiple entities in a consortium. Our teams provide a unique partner eco-system management framework that ensures that all participating entities are on the same page and that they jointly contribute to the common project vision, objectives, and eventual success. 

In addition to helping organizations and consortiums successfully launch complex blockchain networks, we also prepare entities to manage and govern their blockchain solutions after launch. 

Through Cipher, organizations seamlessly conduct housekeeping and monitoring of their entire blockchain software stack, thereby reducing their teams’ learning curve drastically and making them self-sufficient in managing their blockchain nodes and associated software stack. 

Blockchain Security

Our industry leading suite of Blockchain Security Assessment, combined with our experience of the largest number of Production-grade Blockchain implementations across the region, ensures that your Blockchain application is go-to-market ready & secure from any vulnerabilities in the digital environment. We eliminate Blockchain security vulnerabilities and threats to the ecosystem by adopting the most rigorous and thorough cybersecurity techniques. 

Enterprise Blockchain Solution Security Assessment 

New private/permissioned blockchain consortiums are emerging and implementing technologies such as Hyperledger Fabric, CORDA, Quorum to ensure transparency, tamper proofing, security and trust. This brings a number of challenges in building and running decentralized applications including privacy of data, compromising of the network as well as risk due to smart contracts’ technical or business failures. 

Security Offering for Private & Permissioned Blockchains

S Securing Blockchain Networks

Securing Blockchain Networks

Our security team will conduct thorough assessment on potential threats & vulnerabilities in the network related to joining rogue nodes, sybil attacks, eclipse attacks, network implementation, endorsement policies risks, consensus algorithm malfunction & risks, key management practices, keys expiration & rotation, consortium members leaving the network or a member leaving the consortium compromising the overall network. In addition to this, we establish best practices for Blockchain Identity management and HSM key storage security compliance along with Configuration Management of blockchain configurations.

S Smart Contract Assurance

Smart Contract Assurance

We conduct Smart contracts technical failures analysis, static smart contract review based on symbolic execution, dynamic testing, business condition failures, and analyze if there is any risk in the smart contract deployment process. We adopt the best industry practices for the compliance of Smart contracts to ensure smooth execution.

D Data Privacy Control

Data Privacy Control

Ensuring Non-disclosure of data to unauthorized network members based on the use case data privacy requirements, compliance to local and international regulations like GDPR.

D Distributed Apps Security

Distributed Apps Security

Your application’s security is just as important as your smart contracts’ security. We perform Application security based assessment based on traditional web application and API based security identification and their touchpoints to the blockchain layer.

P Business Process Assurance

Business Process Assurance

The heart of any blockchain business rules is the smart contract. It is necessary to ensure that the business process encoded in the smart contract has business conditions and exceptions catered for and provided necessary recommendations if those cases are not handled.

T Technology Experts

Technology Experts

We leverage our experience from our implementations, technology expertise of Blockchain engineers will ensure your Hyperledger Fabric, Hyperledger Sawtooth Lake, Enterprise Quorum, CORDA, Hyperledger Indy are secure from any threats & vulnerabilities.

S Solution & Process Deployment

Solution & Process Deployment

Analysis and consulting based on secure practices of writing blockchain solutions as well as their secure CI/CD.

A Design & Architecture review

Design & Architecture review

We use our expertise to embed security at the initial stages of development as part of your overall architecture and design. We ensure that the overall architecture of enterprise blockchain implementation is secure and ready to handle the attack vectors in a proactive manner.

Unlock the value of Blockchain with US

You don’t want a solution without a problem to solve. Organizations that don’t have a clear use case are less likely to reap the benefits of Blockchain technology. Kickoff use case ideation sessions with us.

  •  Ideation 

Develop vision, identify problems, and define use case. 

  • Proof of Value 

Assess/test business and technical feasibility, viability, and desirability of the vision and roadmap. 

  • Proof of Concept 

Prove concept and technology with a functional prototype. 

  • Trial & Launch 

After POC comes the task of putting real data into production followed with full-volume rollout.