Qadre offers four main services:
- Blockchain consultancy,
- Blockchain product development,
- Product licensing
- Licensing of our underlying blockchain platform
Qadre has a broad range of clients in industries that have a legitimate need to deploy blockchain solutions within their business model. The Qadre team have worked with the various industries: Public Sector, International Clearing and Settlement, Energy, Finance, Pharmaceutical, Legal, Luxury Goods, Shipping, Accountancy and Consultancy, Education, Document Authentication, Real Estate, and Legal.
Anti-Counterfeiting of pharmaceuticals
Qadre’s product of anti-counterfeiting of pharmaceuticals has introduced accountability and security into complex pharmaceutical supply chains. The combination of blockchain and Near Field Communication (NFC) technology enables clients to ensure the integrity medicine, from manufacturer to customer.
When NFC technology is utilised, an individual has custody of the item at every stage of supply chain. If a breach occurs then the NFC tag will be broken and will no longer be able to verify its identity. It will be evident where in the supply chain a breach has occurred and who is accountable.
This has two main outcomes:
Malicious actors are de-incentivised to tamper with items as they will be held accountable.
Manufacturers will have better information about their supply chain and so will be able to protect more effectively.
The Qadre team have advised and worked with a number of UK public sector bodies on their blockchain strategy and internal solutions, including contributing to papers distributed by Select Committees, sitting on boards to decide how to adopt blockchain within government services such as tax, policy, and engaging in R&D projects.
The team additionally have worked with non-UK governments in development-heavy projects regularly speaking at EU Parliament, and advising international governments on methods of employing blockchain within their internal services
The Qadre team members developed an electric vehicle charging solution enabled by blockchain technology. By assigning unique identities to cars and charging points, the system was able to determine the relationship between the individual and the charging point and therefore where the cost should be assigned.
The Qadre team have worked with a collection of major UK banks to address the challenges facing the banking industry. The projects have included advising on Open Banking, the future of banking, rearchitecting back-end infrastructure with blockchain technology, and co-authoring a number of critical industry papers.
Qadre’s experts in blockchain consulting have delivered sessions with partners of London’s magic circle law firms as well as London-based and international law firms acting in the space. Consulting sessions have covered the range of issues from where blockchain will be applied, how it will affect the legal industry, which clients it will affect and why as well as a high-level description of the technical side of blockchain. Sessions explore many popular themes such as cryptocurrencies, ICOs, smart contracts and any other topics that law firms see as issues to their practice.
Qadre developed a product in conjunction with a luxury watch consortium and a Hong Kong based company to ensure the legitimacy of luxury watches in secondary markets.
The solution involves tracking physical luxury goods using ultra-thin NFC (Near Field Communication) tags and storing information on a blockchain database. The NFC tag allows for active ‘challenge-response’ authentication. For the good to prove its identity as a non-counterfeited item it must respond to the challenge in a specific way; in this case, the NFC tag embedded in a good must cryptographically sign the challenge. By completing the unique challenge successfully, the watch can prove its identity and more importantly this identity cannot be copied.
This solution can act as a trustworthy preventative measure to counterfeiting luxury goods. It addresses the complex supply chains involved in selling goods in a secondary market where the goods exchange hands often. It provides accountability at each stage of the process from manufacturer to consumer. If a party can be held responsible for the tampering or loss of a product. It also provides certainty for consumers that if their item’s information is stored on the blockchain, there is a 0% chance that it is a fake item due to the immutability of blockchain technology.