Deloitte introduced “Blockchain in a Box” (BIAB) on August 20, 2019 in New York. BIAB is designed to provide intuitive,
tangible blockchain demonstrations and experimentations. It is a mobile, self-contained technology platform capable of
hosting blockchain-based solutions across four small-form-factor compute nodes and three video displays, as well as
networking components that enable integration with external services, such as traditional cloud technologies.
Each compute node accepts Secure Digital (SD) card media, facilitating rapid selection and exchange of demo solutions
tailored to specific client needs.
Deloitte custom built this solution based on client interest in understanding blockchain capabilities in live interactions, said Linda Pawczuk, principal, Deloitte Consulting LLP and U.S. blockchain leader and co-leader of global blockchain group. What’s often misunderstood about blockchain is that it is an entirety of a technology solution — when in reality, it’s a technology component that enables larger business applications and approaches. Our mobile demonstration is practical, tactical and most importantly, tangible to clients.
Deloitte has demonstrated the Blockchain in a Box to several clients and to the broader blockchain and emerging technology community at multiple conferences, including Consensus 2019. Though blockchain hasn’t reached its full potential, savvy executives surveyed for Deloitte’s 2019 global blockchain survey are confident about new and evolving use cases; they continue to see the technology as a connecting platform that can enable many business processes. What we’re seeing in 2019 is the continuing evolution of blockchain from a capable yet underdeveloped technology into a more refined and mature solution poised to deliver on its initial promise to disrupt.
The question for executives is no longer, “Will blockchain work?” but, “How can we make blockchain work for us?”
“Each time we have used the BIAB to facilitate exploration, the reaction is that of curiosity and excitement where the audience leaves with a deeper understanding of blockchain and how the use cases are implemented,” said Chih-Wei Yi, principal, Deloitte & Touche LLP. “It helps to demystify blockchain and is a refreshing and well-grounded approach versus traditional slideware-based demonstrations.”
Why blockchain? Simply because Blockchain is a secure transaction ledger database that is shared by all parties participating in an established, distributed network of computers. By design, a blockchain is resistant to modification of the data. It is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.