At Clabby Analytics we’re constantly looking for interesting blockchain case studies, use cases and vendors. We found one such service vendor, Royal Cyber, when attending a trade show recently in Las Vegas.
Royal Cyber was founded in 2002 as a systems integrator, and over time has added several software solutions to its portfolio. The company has also structured several strategic relationships with different hardware and software suppliers.
We asked the company specifically about its blockchain solutions, and this is what we found:
- Royal Cyber helps its clients develop, test and deploy blockchain applications;
- The company provides proof-of-concept, it then prototypes blockchain solutions, and pilots (tests) blockchain solutions before moving them into production;
- Follow-on services include training and enablement, support and, if desired, managed services;
- The company uses its broad industry and regulatory knowledge to build industry-specific solutions
Royal Cyber describes itself as “a leading software organization that provides services”, and “a one-stop-shop” for all IT needs. The company’s software/services orientation positions Royal Cyber as Independent Software Vendor (ISV) and as a systems integrator. The company has over 600 information technology turnkey solutions experts; offices in 9 countries; it specializes in over 70 technologies; and has over 1,000 domain experts. 90% of the company’s clients rank Royal Cyber as “five star satisfied.”
From a software perspective, the company sells Chatbot (a chat application); Monitor Pro (middleware performance management); CyberShop (streamlined shopping); IOT Bot Solutions (single click ordering); eCatalyst (predictive analytics); and K-Manager (Kubernetes container software).
From a services perspective, the company offers solutions for Ecommerce, cloud, AI/IOT/Blockchain, Middleware, DevOps, business operations, portal design/deployment, user experience, Big Data, and security.
The company’s strategic partners include IBM, Microsoft, CA Technologies, Amazon Web Services, Rackspace, Jenkins, BlazeMeter, Oracle, and Dell Boomi.
In the blockchain marketplace, Royal Cyber competes with other software suppliers/systems integrators including IBM, Cognizant, Microsoft, Software AG, SAP, Information Builders, Deloitte, Oracle and dozens of small integrators with industry- specific expertise.
The Royal Cyber Approach to Blockchain
Royal Cyber’s approach to blockchain is based upon the Linux Foundation’s Hyperledger project and the subprojects of Hyper Ledger that they work on are as follows:
1) Hyperledger Fabric
2) Hyper Ledger Composer
3) Hyper Ledger Saw Tooth.
This approach does not use cryptocurrency; it makes use of a “permissioned” blockchain network comprised of a known community of participants; transactions on this network are public or confidential (as opposed to anonymous or private – as it is the case with other Blockchain implementations); it enables confidential transactions (businesses can make transactions visible to select parties with the correct encryption keys); it implements smart contracts (business logic); and is written in Golang and/or Java.
Apart from Hyperledger Project Royal Cyber also offer services on other blockchain platforms like:
1) Deploying and Managing Block Chain Solutions on AWS, IBM Bluemix and other supported Cloud platforms.
2) Open Chain
Customer Scenarios: Fashion & Food
This Royal Cyber video on blockchain describes in detail two customer environments that are using Royal Cyber blockchain solutions: 1) a customer in the fashion industry; and, 2) a supply chain in the food industry.
Royal Cyber’s assessment of fashion industry supply chains found them to be “complex and opaque.” The industry lacks transparency, faces possible censorship, has little to no information tracking – and most information system designs are centralized and thus form a single point of failure if transactions fail or if data is breached. What Royal Cyber did for its fashion industry customer was an assessment, followed by a design that implemented a blockchain between the fashion industry customer and members of its supply chain – substituting blockchain technology and business process for the previous single point of failure (a centralized database).
A closer look at this fashion blockchain shows that company can track and trace items from their source to their point of sale. This gives visibility to the entire sales process by providing metrics to everyone involved in the transaction, including the customer. Raw materials can be registered and tracked on the blockchain with the Royal Cyber’s mobile application. For fashion products, Royal Cyber can track every event. From sheering at the farm to spinning, knitting, and finally, to the finishing of the product in a brand studio, stakeholders can track merchandise everywhere it goes.
The aforementioned Royal Cyber video also discussed Royal Cyber’s Blockchain Solutions for the Food Industry. It was developed in conjunction with mobile and smart tag technologies to track physical products and verify their attributes from their origin through their final point of sale. This blockchain now enables suppliers to gather product information which is transparently shared with retailers – and it enables retailers to share data about a products origin and condition with buyers and other outlets (restaurants). The case with the fashion industry, this blockchain creates a digital history of the journey of an item (in this case food) from its harvest or capture through its finished good (for instance, from cattle to a hamburger); and ultimately to its delivery to an end buyer.
Royal Cyber uses the Linux Foundation’s Hyperledger as a basis on which it develops blockchain solutions. It then uses its unique methodology and its large group of programmers, business analysts and service/support personnel to build industry or custom solutions.
What is most notable about the type of blockchains the company builds is that they are “permissioned blockchains”, which means that these blockchains serve a known community of participants (known business partners). Other approaches to blockchains, such as Bitcoin blockchains differ substantially (for instance, Bitcoin blockchains are based upon anonymity).
Royal Cyber not only designs and deploys blockchains, it can also manage these environments for their customers. This fact should prove alluring to hundreds and thousands of small to mid-sized businesses around the world that lack the expertise to build and run their own blockchains – but want to participate in the next generation of transaction processing: safe, secure and efficient blockchains.