Dubai-based start-up Block Gemini is collaborating with the Vodafone Procurement Company (VPC) to deliver a blockchain solution that supports Vodafone’s transformation into a digital procurement company. The solution replaces traditional manual procurement processes, with a single source of accurate real-time pricing information, and can generate valuable data insights into pricing trends and market comparisons.
Tolga Tomruk, Chief Operational Officer at Vodafone Procurement Company said, “By introducing hyper automation capabilities enabled by Blockchain technology, we will transform the way we collaborate and agree commercial terms with our suppliers.”
Block Gemini is the latest entrant to join Vodafone-backed innovation centre, “Tomorrow Street”, as a blockchain solutions provider. Tomorrow Street is a joint venture between Vodafone and Technoport (a Luxembourg government incubator). The award-winning innovation centre is recognised as a pioneering model enabling Vodafone to deliver innovation quickly and effectively for its customers and partners.
“Block Gemini is now a proud member of Tomorrow Street and Vodafone. We look forward to bringing industry-focused and enterprise-centric Blockchain innovations to Europe in partnership with Tomorrow Street” said Chris Fernandez, Chief Executive Officer at Block Gemini.
Block Gemini operates from its Dubai (UAE) and Bangalore (India) offices and will set up their European headquarters before the end of the year at the Tomorrow Street premises in Kirchberg, Luxembourg.