{{item.videoDuration}}
{{item.title}}
{{item.text}}
{{item.videoDuration}}
{{item.title}}
{{item.text}}
About us
The PwC India Blockchain Lab in Kolkata is a center of ideation, innovation and integration of cutting edge blockchain. It serves to empower organisations and set the stage for future growth by leveraging the disruptive power of distributed ledger technology.
Since its inception in 2017, it has been at the forefront of leading the global adoption of the blockchain technology with ideating, designing and developing innovative solutions for cross sector organisations. It has been making significant contributions to the advancement of the technology with contributions in multi facet aspects both globally and in India.
The team comprises of highly experienced blockchain certified professionals, business analysts and software engineering professionals who have successfully delivered multiple projects across various sectors. The team works to empower businesses by adopting blockchain technology and caters to various sectors such as financial services, public sector, supply chain, manufacturing, healthcare and more. The lab provides end-to-end solutions to businesses by adopting the power of blockchain and its potential to revolutionize various industries in the future.
Some of our accomplishments include:
- Cross-industry implementation and adoption of distributed ledger technology (DLT) in India with leading state governments, pharma, educational institutions.
- Blockchain technology center of excellence for global PwC network where the lab have collaborated on sphere heading DLT engagements in Australia, Japan, Ukraine, Germany and UK.
Our key propositions
While the internet changed the way we communicate, blockchain revolutionised how we exchange value between multiple untrusted parties. The Blockchain Lab draws on the components of blockchain such as cryptography, consensus and smart contracts to help your organisation in building a blockchain application, end-to-end.
Leader and trusted SME
Being a member of a global blockchain community with an access to 180+ territories and having served multiple geographies and sectors, Blockchain lab is equipped to play the role of a trusted SME for their clients in reviewing their business model, doing course correction and make recommendations for the best practices in their technology roadmap.
End-to-end partnership
Blockchain labs works closely with its clients as one team in building solutions through the creation of a blockchain ecosystem in alliance with technology and cloud service providers to ensure an effective Go-To-Market strategy.
Change for the better
Blockchain lab will help clients not only in creating the roadmap, but also building customized next-generation blockchain solutions to help them navigate through their web 3.0 journey.
Working together towards solving challenges
Building trust
Sector and technology subject matter experts
Who can bring diverse perspectives and experiences to the table and can ask right questions to understand your needs by analysing the problems through multiple lenses – social, regulatory, cultural and economic
Translating vision into action
Consulting and implementation to support in converting the vision into actionable objectives leading to measurable outcomes
Solutioning
We bring the relevant skills, capabilities, and technologies to solve your most complex challenges in the most effective manner while creating an experience that matters
Delivering sustainable outcomes
Accelerators
We have accelerators that can provide a head-start for the solutions that can be tailored as per your specific requirements
Integrations and alignment
We have experts for integrating the new-age technologies with your existing systems and tuning the solution for synergy
Collaborating with vendors (wherever required)
We can analyse the feasibility of solutions offered by vendors and handhold with them for the entire journey for a smooth and seamless implementation
Our journey
+
Years of blockchain consulting
Since its inception in 2017, PwC India’s Blockchain Lab has undertaken various cross-industry engagements involving blockchain technology strategy and implementations.
+
Strategic projects delivered
Strategic projects by PwC India’s Blockchain Lab include consultations for managing land records, establishing digital assets CoE, providing comprehensive CBDC consultation and facilitating M&A among others.
+
Applications in production
PwC India Blockchain Lab has developed cutting-edge solutions at production-level including a first-of-its-kind implementations for birth/death registration, donation management and intraday trading in banks.
+
Proof of Concepts
In its pursuit of constant innovation, PwC India Blockchain Lab is actively involved in developing proof of concepts to navigate through ever-changing business landscapes and regulatory compliances.
+
Public Sector Engagements
PwC India Blockchain Lab’s has engaged on multiple projects with the Public Sector. Notable ones include development of a Blockchain as a service platform, birth and death registration, land records management among others.
+
Assignments with global territory firms
PwC India Blockchain Lab has collaborated across the territories of Japan, Australia, UK, Germany, Middle East among others.
+
Accelerators
PwC India Blockchain Lab has developed accelerators on tokenization, supply chain traceability, digital assets to speed up the development cycle and to transform your ideas into reality faster than ever.
+
Pilots
The blockchain lab has pioneered various pilots for leading players in the pharma, public, manufacturing and financial services sectors.
5+
Years of blockchain consulting
3
Strategic projects delivered
4
Applications in production
10
Proof of concepts
7+
Public sector engagements
2
Assignments with territory firms
6
Accelerators
5
Pilots
+
years of experience
Strategic projects delivered
Applications in production
+
Proof of concepts
+
Public sector engagements
+
Assignments with territory firms
Accelerators
Pilots
Our Capabilities
8
Blockchain SMEs
2
Blockchain architects
2
Business analysts
2
API developers
4
Blockchain developers
Blockchain SMEs
Blockchain architects
Business analysts
API developers
Blockchain developers
The PwC advantage
-
Diverse experience:
Our team has a wide range of experience of successfully serving a gamut of industries/sectors through our Ready solutions/Accelerators/Thought leaderships etc.
-
Excellent client RoI and VoI:
Provision of strategy and implementation roadmaps/executions in accordance with best blockchain practices leading to a remarkable return on investment and value on investment for our clients.
-
Regulatory understanding:
We ensure that all wider regulatory requirements are met, and any potential concerns or restrictions considered. With an in-depth industry and regulatory knowledge helps deliver an effective and robust roadmap for clients.
-
Global market reach:
Collaboration with network partners increases our mindshare on a global scale and paves way to work in emerging Blockchain trends mitigating regulatory barriers.
-
Independent perspective:
As an independent firm we provide a clear and objective perspective on technology options and preferred solutions.
-
Deep cross-industry expertise:
We have a diaspora of PwC leaders and teams that cuts across industries and sectors helping us understand our clients and their problems in a comprehensive and holistic manner.
Key sectors catered to
Supply Chain
Healthcare & Pharmaceuticals
Public Sector
Manufacturing
Financial Services
Digital Assets
Energy
Automobiles
Supply chain
Healthcare and pharmaceuticals
Public sector
Manufacturing
Key sectors catered
Financial services
Digital assets
Energy
Automobiles
Customisable offerings – solutions and accelerators
- CBDCs & financial services
- Digital Assets and NFTs
- Digital identities
- Digital rights management
- Supply chain traceability
- Tokenisation
CBDCs & financial services
A central bank digital currency (CBDC) is a form of digital currency issued by a country's central bank. The customisable accelerator helps banks and financial institutions explore and test the use cases related to CBDC like programmability in retail CBDC and cross-border payment with interoperability.
Advantages:
- Interoperability of both domestic and cross-border CBDC networks and existing RTGS payments networks.
- Implement and test use cases related to tokenisation of assets.
- Explore atomic interlinking transactions between multiple CBDC networks.
PwC’s offerings:
- Technology assessment of architecture and implementation of a platform for offline payments of CBDCs in different nations
- Comprehensive strategic consultations for financial institutions, offering tailored solutions to optimise operations and drive sustainable growth.
Digital Assets and NFTs
Blockchain based digital assets i.e., NFTs were used to develop a tokenised proof of title for a unique digital version of an underlying digital asset (such as images, videos or other digital content) or physical asset (such as paintings, sculptures or other tangible assets).
Advantages:
- The ownership of an NFT ensures that it will be in the customer’s possession until they wish to sell or transfer it. Blockchain technology helps verify this by eliminating the threat of counterfeiting.
- NFTs can be divided into smaller parts, allowing multiple people to own a fraction of any high-value asset.
PwC’s offerings:
- Solutions for issuing NFTs for limited edition fashion items and NFT-based loyalty points management.
- NFT-based solution for tracking and establishing ownership of high-end/limited edition products like diamonds, luxury fashion, marble sculptures etc.
Digital identities
A blockchain-based digital identity solution which works by creating a secure, verifiable, and tamper-proof digital identity of an individual's or entity's identity. Blockchain technology ensures data security and streamlines verification processes, ensuring easier compliance and reduced fraud.
Advantages:
- Certifications, background checks and KYC checks no longer need to be manual, paper-based and time-consuming
- Data can be shared confidentially and can be easily verified that it came from a trusted party
PwC’s offerings:
- A mobile app with several types of sellers which can be onboarded on the platform with buyers having the option to schedule a timeslot based pickup or delivery of goods and services from the selected shop using the mobile application.
- Technical due diligence and evaluation of keyless signature infrastructure for its implementation in recording government and health records for citizens in any country.
Digital rights management
A blockchain-based document repository having a decentralised ledger to store and manage documents and records in an immutable ledger. This feature aims to create enhanced trust and transparency. Digital rights management (DRM) in Web 3.0 is the access control by blockchain used to secure policies over the internet and to restrict usage of registered hardware and copyrighted content.
Advantages:
- Enhanced security against fraud.
- Conclusive ownership title of records.
- Increased RoI due to the digitisation of the entire process.
PwC’s offerings:
- Technical due diligence and evaluation of keyless signature infrastructure for its implementation in recording government and health records for citizens in any nation.
- A blockchain based birth and death registration system without altering the existing functional flow. The aim would be to create an immutable archive for birth/death certificates that can be easily and securely verified.
Supply chain traceability
A blockchain-based track and trace solution which operates in parallel with existing supply chain management system and gives end-to-end traceability of the entire supply chain.
Advantages:
- End-to-end visibility with real time updates
- Better demand assessment and inventory planning
PwC’s offerings:
- A blockchain-based track and trace solution for pharmaceutical firms which would operate in parallel with their existing supply chain management system
- A mobile app-based blockchain system to record and monitor contact-less ration/relief distribution for governments. Connecting relevant stakeholders in a transparent and immutable way.
Tokenisation
A blockchain solution which converts the value of a tangible or intangible asset into a digital token which allows for fractional ownership, increased liquidity, clear traceability & auditability.
Advantages:
- Transparent and easily verifiable transactions
- Reduced administrative and operational costs
- Streamlined and automated trading process with no central point of failure
PwC’s offerings:
- A sustainability-linked loan (SLL) solution for tokenised green loan management using the token network of a payments network operator.
- A blockchain solution which tokenises trading of renewable energy with the other stakeholders, ensuring efficient, secure and transparent energy transactions.
{{filterContent.facetedTitle}}
{{contentList.dataService.numberHits}} {{contentList.dataService.numberHits == 1 ? 'result' : 'results'}}
{{contentList.loadingText}}
{{contentList.loadingText}}
{{filterContent.facetedTitle}}
{{contentList.loadingText}}
{{filterContent.facetedTitle}}
{{contentList.dataService.numberHits}} {{contentList.dataService.numberHits == 1 ? 'result' : 'results'}}
{{contentList.loadingText}}
{{filterContent.facetedTitle}}
{{contentList.dataService.numberHits}} {{contentList.dataService.numberHits == 1 ? 'result' : 'results'}}
{{contentList.loadingText}}
Follow PwC India
