Frankfurt School Blockchain Center and Spherity enter into strategic partnership

Frankfurt am Main - July 24, 2020 - Frankfurt School Blockchain Center and Spherity have entered into a strategic partnership. Spherity develops decentralized identity management solutions for industrial IoT applications. This guarantees a manipulation-proof data exchange in complex business processes and value chains.

The Frankfurt School Blockchain Center is a think tank and research center which investigates implications of the blockchain technology, crypto assets and distributed ledger technology (DLT) for companies and their business models. Under the new partnership, FSBC will provide Spehrity with consulting and advisory services, to further develop the existing business strategy.

Spherity provides digital identity cloud solutions for enterprises, machines, algorithms and data to secure interaction in the digital economy. Here, decentralized digital twins enable innovative customer journeys across mobility, supply chain transparency, risk assessment, audit trails for data analytics, and many more use cases. This guarantees a manipulation-proof data exchange in complex business processes and value chains.

On the basis of an extensive network and several years of industry experience, the FSBC is a suitable partner to support Spherity’s scalable solution approach and to help provide new perspectives for development. In its capacity as an academic institution, the FSBC will also give further impulses in the research and development of digital identities, enterprise blockchains as well as the digital, programmable Euro.

Prof. Dr. Philipp Sandner, Head of FSBC, commented on the partnership: “Spherity, as one of the most advanced companies in the field of digital identity, is an important new partner. FSBC’s research focus and Spherity’s pioneering technology and business model will enable both sides to complement and benefit from each other”.

Remarks

More information about the Frankfurt School Blockchain Center can be found on the Internet, on Twitter or on LinkedIn.

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