IBT.TECH

blockchain

FOUNDING YEAR: 2015
LOCATION: Netherlands
Last Update: 08/09/2020

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About

CUTTING EDGE AUTHENTICATION SOLUTIONS BASED ON BLOCKCHAIN TECHNOLOGY.

MEDICI Analysis

Fundrs IBT offers 'Blockchain as a Service' software solutions based on blockchain technology to develop applications are digitizing and safeguarding traditional processes and infrastructures.

Focus

PRODUCTS & SERVICES

Time-stamping & Authentication

REVENUE MODEL

PAY PER REGISTRATION IN THE BLOCKCHAIN

PRIMARY PROBLEM SOLVED

LEGAL DOCUMENTS LIKE INSURANCE DOCUMENTS AND OTHER VALUABLE CONTRACTS ARE TRANSFERRED BY HAND AND SOMETIMES EVEN BY PAPER BECAUSE THERE IS NO ONLINE TRUST. THIS MAKES IT VERY EXPENSIVE AND INEFFICIENT.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

company provided insights

Traction

REVENUE

$0 - $99k

REVENUE COMMENT:

PRICE PER AUTHENTICATION PACKAGES. THE HIGHER THE VOLUME THE LOWER THE PRICE PER AUTHENTICATION

People

FOUNDERS

HANS STURKENBOOM

BOARD MEMBERS AND ADVISORS

DAVID HAMILTON

BEN ROBINSON

Ad van Strien

company provided insights

Momentum

FUNDED

NO

LISTED

NO

Innovation Programs

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IBT.TECH

About

CUTTING EDGE AUTHENTICATION SOLUTIONS BASED ON BLOCKCHAIN TECHNOLOGY.

Focus

PRODUCTS & SERVICES

CONNECT DATABASES WITH BLOCKCHAIN TECHNOLOGY ONLINE AUTHENTICATION OF CONTRACTS BETWEEN COMPANIES WITHOUT EXTERRNALLY STORING AND EXPOSING THE SENSITIVE DATA.

REVENUE MODEL

PAY PER REGISTRATION IN THE BLOCKCHAIN

TOP PROBLEM SOLVED

LEGAL DOCUMENTS LIKE INSURANCE DOCUMENTS AND OTHER VALUABLE CONTRACTS ARE TRANSFERRED BY HAND AND SOMETIMES EVEN BY PAPER BECAUSE THERE IS NO ONLINE TRUST. THIS MAKES IT VERY EXPENSIVE AND INEFFICIENT.

PRODUCT DEVELOPMENT STAGE

MVP

PRODUCT DEVELOPMENT COMMENT

DEMO.IBT.TECH https://www.youtube.com/watch?v=CGH82BuVje8

KEY DIFFERENTIATORS

NO MORE HAND WORK BE SURE THE DOCUMENT IS ORIGINAL ONLINE VS POST

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Enterprise - Others

Traction

ANNUAL REVENUE:

$0 - $99k

REVENUE COMMENT:

PRICE PER AUTHENTICATION PACKAGES. THE HIGHER THE VOLUME THE LOWER THE PRICE PER AUTHENTICATION

LIVE USERS/TRANSACTIONS:

Yes, in trial/pilot

How will you grow the number of users/accounts/transactions?

API OFFER TO BRANCH RELATED COMPANIES WITH A LARGE CONSUMER BASE

CHANNEL STATUS

INITIAL CLIENTS

NUMBER OF CLIENTS OR PAYING CUSTOMERS

4

People

NUMBER OF EMPLOYEES

1-10

TEAM COMMENT:

BLOCKCHAIN EXPERIENCE SINCE 2011

BOARD MEMBERS AND ADVISORS:

Ad van Strien

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES