Management Solutions becomes a founding partner of Alastria, a consortium for developing the blockchain ecosystem in Spain

Management Solutions, together with Spain’s major banking, energy and telecommunications organizations, has founded the world’s first national multi-industry network that uses Blockchain to enable and speed up digital transformation across the different industry and business sector

As a Distributed Ledger Technology (DLT), Blockchain is considered to be the most disruptive technology since the advent of the Internet due to the following characteristics:

  •   Unalterable records (guaranteed by cryptography).
  •   Records are replicated to all participants, using a standard communications protocol.
  •   Records are accessible to all participants, removing the need for acknowledgments of receipt and reconciliations.

The Alastria network safeguards the identity of participants and ensures all operations carried out on the network and indelibly recorded, allowing participants to offer and receive services with legal effectiveness in Spain and in accordance with European regulations.

Management Solutions’ participation in the consortium will allow the Firm to participate in the design of Spain’s first DLT, build projects and offer services on the platfor, as well as innovate and contribute to society in Spain by creating a Blockchain products and services platform.

Management Solutions becomes a founding partner of Alastria, a consortium for developing the blockchain ecosystem in Spain