In September 2016 Synechron launched its first six blockchain applications - available in the cloud. These applications enable financial services firms to be up-and-running on a blockchain network or in a sandbox environment within weeks. We believe in blockchain's transformative potential for the financial services industry. By collaborating with our clients we have developed blockchain applications that solve real-world problems like enhancing business operations, minimizing operating costs and combatting fraudulent activity. The Blockchain applications provide working code enabling our clients to experiment with and refine their blockchain strategies in areas including Trade Finance, Smart Margins, KYC, Insurance Claims, Mortgage Financing and Global Payments. In the race to deploy the technology, these applications offer them the ability to gain a first-mover advantage with the potential to change the fundamental economics of their businesses. The applications use an agile design approach and industry-leading blockchain technologies such as Ethereum, Hyperledger, Eris and Ripple. They are available via the cloud and compatible with today’s hybrid cloud environment, firms will have the ability to experiment without additional infrastructure expense and will get to market faster.