Wayra is promoting the use of blockchain among startups with a new program

Wayra, Telefónica’s Open Innovation Hub, launched a new program on Tuesday, the Wayra Activation Program, which is looking for emerging companies interested in learning more about the benefits of blockchain technology.. The aim is to spread the a priori use of companies that have nothing to do with this technology and that they can develop their tailor-made solutions “easily and quickly”.

Wayra recalls that the most typical cases of blockchain include initiatives that facilitate the traceability of the life cycle of a product and confirm the authenticity or correctness of certain information in real time. Instead, they are using this program to find startups from any sector or activity that believe their company could benefit from the adoption of blockchain.

Through the Wayra activation program, the hub continues to offer startups free and exclusive access to Telefónica’s technology platforms, helping them to boost their business. In this special call, the selected startups can increase their business with TrustOS, the blockchain solution developed by the company that simplifies and accelerates the use of this technology in companies.

Free access to TrustOS for six months

Wayra is promoting the use of blockchain among startups with a new program
Wayra is promoting the use of blockchain among startups with a new program

Startups have six months of free access to TrustOS to develop their own solutions. They also get the technical support from Telefónica experts, the opportunity to build a joint business with the company, investment opportunities and other benefits that Wayra offers.

“TrustOS offers startups the opportunity to easily integrate blockchain into their business processes and thus improve their value proposition. We break the taboo that blockchain is complicated or only available to large companies. “ says José Luis Núñez, Head of Blockchain at Telefónica Tech AI of Things. “With TrustOS, using blockchain in your startup is as easy as adding 3 lines of code to your solutions.”

The most typical cases of blockchain include initiatives that facilitate the traceability of the life cycle of a product and confirm its authenticity or correctness of certain information in real time. Therefore, blockchain is a very useful technology in industries such as industry, retail, logistics, restaurants or education.

Wayra connects Telefónica and technology disruptors from around the world. As your preferred strategic partner, we expand them to accelerate your and our business. More than 100 Wayra startups are already working to offer Telefónica and its customers disruptive solutions.

It also provides investment and a unique and fluid interface between entrepreneurs and our network of corporations, governments and other partners, adding value to the ecosystems in which we are present.

A great initiative for digital disruptive startups to connect with the consumer market to validate their proposition and grow. For consumers, it is a window of innovation to discover the best new services and digital trends in advance and with ease.

Blockchain technology is a very useful technology for a wide variety of industries, including industrial, retail, logistics, restaurants, and education. However, most companies still believe that these are complicated technologies that are out of their reach.

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