Servitization-Blockchain Accelerator: Revolutionizing Business Models

[GENERAL] Name and Surname of Main Applicant

Tinhinane TAZAIRT

[GENERAL] Email address of Main Applicant

tazairt.tinhinane@gmail.com

Additional Applicants

Houssem BENMAHMOUD

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

12

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language.

No

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.” in this field.

No dependencies.

[GENERAL] Will your project outputs be fully Open Source?

No

[GENERAL] If NO, please describe which outputs are not going to be open source. If YES, please write “Project will be fully open source.” in this field.

The outputs that would likely remain proprietary include:

 

Personalized Advisory Services: The tailored advice, strategies, and insights provided to businesses as part of your advisory services would remain confidential and proprietary to each respective business. This is due to the customized nature of these services that take into account specific business models, market positioning, and competitive dynamics.

 

Custom Tools and Solutions: Any software tools, platforms, or solutions that are developed specifically for a particular business or to address unique use cases might not be open-sourced. This includes specific blockchain implementation plans, data-driven strategies, or innovative business models developed for individual businesses.

 

Paid Training Materials: While some basic educational content could be open-sourced, the more advanced, comprehensive, and premium training materials would likely remain paid content. This includes in-depth guides, courses, or one-to-one walkthroughs with experts.

 

Business-specific Data: Any business-specific data, analysis, or insights generated from working with individual businesses would remain confidential and proprietary to protect the privacy and competitive advantage of those businesses.

[METADATA] Category of Proposal

Other

[METADATA] SDG rating

SDG 9: Industry, Innovation, and Infrastructure - The project aims to promote innovation and enhance infrastructure by leveraging blockchain technology and servitization principles to drive business growth and competitiveness.

SDG 8: Decent Work and Economic Growth - By supporting businesses in adopting servitization and blockchain, the project contributes to creating decent work opportunities and fostering economic growth.

SDG 12: Responsible Consumption and Production - The project encourages businesses to transition from product-centric to service-oriented models, promoting responsible consumption and sustainable production practices.

SDG 17: Partnerships for the Goals - The project emphasizes partnerships between the project team, businesses, and the Cardano ecosystem. Collaboration and knowledge-sharing are crucial for achieving the goals of servitization and blockchain adoption.

[IMPACT] Please describe your proposed solution.

Our Servitization-Blockchain Accelerator represents an innovative approach aimed at driving the integration of servitization principles with the capabilities of the Cardano blockchain to foster business growth and development.

Servitization, as a strategic approach, enables manufacturing companies to transition from simply selling products to providing comprehensive solutions often including services related to the products. This approach cultivates more profound customer relationships, creates additional customer value, and provides a competitive edge for businesses. Moreover, digital servitization employs digital technologies to further amplify service delivery, adding even more value and bolstering competitiveness.

Blockchain technology, embodied by Cardano, offers a transparent, secure, and decentralized digital ledger for recording transactions. Cardano stands out with its scientific-driven, layered architecture which offers a flexible and privacy-preserving environment for smart contracts.

The intersection of servitization and blockchain offers significant potential for business innovation. Through the integration of servitization principles with Cardano's blockchain technology, businesses can improve service traceability, securely share data amongst stakeholders, automate service processes through smart contracts, and even enable new business models such as product-as-a-service.

Our Servitization-Blockchain Accelerator provides a holistic framework to facilitate this integration. We plan to implement a three-pronged approach:

1. Partnering: Businesses can collaborate with us in one of our three partnership settings to implement servitization and Cardano blockchain in their service offerings.
2. Advisory: Our expert business advisors, armed with leading research insights, will work closely with businesses to tailor solutions to their unique needs.
3. Store and Training: We offer a range of resources including mini-guides, books, one-to-one walkthroughs, and training with leading Servitization and Blockchain experts. This also includes free resources in our Research area.

The solution we propose is unique as it harnesses the untapped potential at the intersection of servitization and blockchain, with a focus on the capabilities of Cardano.

The beneficiaries of of the Servitization-Blockchain Accelerator solution:

Established Businesses and Manufacturing Firms: These entities will be the direct beneficiaries of the Servitization-Blockchain Accelerator. The adoption of servitization principles infused with the robust capabilities of Cardano's blockchain can provide these businesses with several strategic advantages.

• Firstly, they can transition from selling products to offering comprehensive solutions including services. This move towards service-orientation can help them establish closer relationships with customers, increasing customer retention and loyalty.

• Secondly, leveraging Cardano's blockchain technology can significantly improve the efficiency, transparency, and security of their operations. For example, smart contracts can automate various business processes, while the transparent and immutable nature of the blockchain can enhance traceability and accountability.

• Lastly, the combination of servitization and blockchain opens doors to innovative business models like Product-as-a-Service (PaaS). In a PaaS model, customers pay for the service provided by a product rather than buying the product itself. This model can generate continuous revenue streams and boost customer loyalty.

Cardano Ecosystem: The wider Cardano community and ecosystem will also significantly benefit from this solution.

• This project can act as a catalyst for increasing the adoption and usability of the Cardano blockchain. By introducing businesses to the benefits of incorporating Cardano blockchain into their operations, the project can contribute to a surge in the network's usage and, by extension, the value of ADA.

• The Servitization-Blockchain Accelerator project can also diversify the use cases of the Cardano blockchain, showcasing its flexibility and adaptability to different business models. This broadens the appeal of Cardano, attracting more developers, investors, and users to the ecosystem.

• Finally, this initiative also contributes to the Cardano community's education. By sharing the insights, standards, tools, and resources developed during this project, we can help others in the community understand better the potential and applicability of Cardano, fostering more innovation and development on the platform.

Customers of the Adopting Businesses: The customers of businesses adopting the principles taught by the Servitization-Blockchain Accelerator stand to benefit from improved product and service offerings. With the increased transparency and efficiency offered by blockchain-based services, customers can expect faster, more reliable service delivery, and potentially even lower costs as businesses' operational efficiencies improve.

By expanding the beneficiaries' perspective beyond the businesses directly involved in the accelerator, it becomes clear that the ripple effects of this project can reach customers and the larger Cardano ecosystem, thereby amplifying its potential impact.

[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

The proposed Servitization-Blockchain Accelerator addresses multiple aspects of the Development & Infrastructure challenge by:

1. Developing Tools and Resources: Our solution involves creating a comprehensive program that would assist businesses in implementing servitization models on the Cardano blockchain. The developed resources, guides, tools, and case studies will all be made open source, enhancing the Cardano ecosystem's knowledge base.
2. Innovating within the Ecosystem: The integration of servitization models with the Cardano blockchain represents a novel application, which will foster innovation in how businesses use blockchain technology.
3. Promoting Education and Adoption: By showcasing real-world applications and benefits of Cardano blockchain through servitization, we will inspire more developers and businesses to adopt Cardano, contributing to its growth and popularity.

The benefits this solution brings to the Cardano ecosystem include:

1. Increasing Adoption and Usage of Cardano: By working directly with businesses and showing them how they can leverage Cardano's capabilities, our project will drive increased adoption and usage of Cardano. This increased demand and activity will, in turn, add value to the Cardano ecosystem and the ADA token.
2. Strengthening the Ecosystem: The resources, tools, and case studies we will produce will become a part of the Cardano community's shared knowledge base, strengthening the ecosystem. It also positions Cardano as a blockchain of choice for businesses looking to adopt servitization models.
3. Growing the Community: The project has the potential to attract more developers, businesses, and investors to the Cardano ecosystem. Each successful implementation can serve as a case study and testament to Cardano's capabilities, attracting more interest and potential users.

The quantifiable impact of our project will depend on the number of businesses we successfully onboard and assist in implementing servitization models using Cardano's blockchain. Conservatively, within a year after the project's completion, we aim to successfully assist at least 10 businesses in this transition. This would directly lead to an increase in the usage of Cardano's network and transaction volumes. Moreover, the open-source resources we provide could potentially impact hundreds of businesses, developers, and individuals who might leverage them to build similar models.

The key value of this project lies in its potential to showcase Cardano's capabilities in an innovative and business-oriented context, thereby driving broader adoption and usage of the Cardano blockchain.

[IMPACT] How do you intend to measure the success of your project?

Measuring the success of the Servitization-Blockchain Accelerator will entail a combination of quantitative and qualitative metrics, tracking both the immediate impact of the project and its long-term contributions to the Cardano ecosystem.

Quantitative Measures:

1. Number of Businesses Onboarded: A direct measure of our project's impact will be the number of businesses we assist in implementing servitization models using the Cardano blockchain. Our target for the first year post-completion is a minimum of 10 businesses.
2. Increased Transaction Volume: As businesses start operating their servitization models on the Cardano blockchain, we anticipate an increase in the network's transaction volume, which we'll measure using blockchain analytics.
3. Usage of Open-source Resources: Downloads, views, and engagement with the resources, guides, and tools we develop will provide insight into how widely our work is being adopted within the Cardano ecosystem.

Qualitative Measures:

1. User Feedback: Feedback from businesses, developers, and other users of our resources will provide a qualitative measure of our project's impact. Surveys, interviews, and case study testimonials can help us understand user satisfaction and areas for improvement.
2. Community Engagement: Discussions, mentions, and sentiment about our project within Cardano community forums, social media, and other platforms will indicate the level of community interest and engagement.

In the short term, our project will foster innovation within the Cardano ecosystem, showcasing novel applications of the blockchain. This will stimulate interest in Cardano and potentially attract new businesses and developers.

In the long term, the Servitization-Blockchain Accelerator can substantially contribute to Cardano's growth. By promoting Cardano as a platform of choice for businesses looking to adopt servitization models, we can increase the blockchain's usage and adoption. This influx of new users and increased activity will in turn contribute to the demand for ADA, thereby positively influencing Cardano's growth and value.

The chosen measures are realistic, given our targeted approach and commitment to working directly with businesses. We believe that our hands-on, customized approach combined with our intention to make all our resources open source, will have a broad and lasting impact on Cardano's ecosystem

[IMPACT] Please describe your plans to share the outputs and results of your project?

Sharing Outputs and Results:

1. Dedicated Project Website: We will create a dedicated website for the project. This website will serve as a central hub for all our resources, updates, and outputs. It will host open-source tools, libraries, and SDKs, along with documentation, guides, and tutorials. Users will also find case studies, reports, and success stories of businesses that have adopted our servitization model on the Cardano blockchain.
2. Open Source Repositories: Linked to our website, we will also share resources in public repositories like GitHub. This facilitates broader reach within the developer community and enables peer-review and open collaboration.
3. Webinars and Workshops: We'll regularly host and announce webinars and workshops on our website. Attendees can learn about our progress and understand how to use our tools and implement servitization models.
4. Case Studies and Reports: Success stories, impacts, and benefits of the businesses implementing our models will also be shared on our website in a digestible format. This can serve as motivation and proof-of-concept for prospective businesses.

Engaging with Communities:

We plan to actively engage with various communities to spread the word about our project. This includes the Cardano community, blockchain and cryptocurrency enthusiasts, software developers, and business communities interested in servitization and blockchain technology. We will use platforms like Reddit, Twitter, LinkedIn, and other relevant online forums to share updates, gather feedback, and answer questions.

Further Research and Development Activities:

The insights and data generated from this project will be invaluable for further research and development. We plan to analyze and use this data to improve our tools and resources continually. We also foresee the possibility of extending our work into related areas, such as exploring other innovative business models on Cardano or expanding the scope of our resources to cater to different industries.

In addition, we hope that the open-source nature of our project will encourage others to build upon our work, leading to further innovations and advancements in the Cardano ecosystem. We look forward to seeing how our project can serve as a springboard for further research and development within and beyond the Cardano community.

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

Our team's capability to deliver this project with high levels of trust and accountability stems from our diverse expertise in digital servitization, blockchain technology, data analysis, marketing and strategy, sales engineering, and project management. This combination of skills uniquely positions us to drive the development of a startup incubator focused on fostering blockchain adoption within the African startup ecosystem.

Here's why we believe we're best suited to deliver this project:

1. Expertise and Experience: Our team's skills cover a broad spectrum: Digital-Servitization, marketing and strategy, B2B consulting, data analysis methods, optimizing sales solutions, project management and Software Quality. Our diverse background offers us a comprehensive understanding of the requirements to set up and run a successful incubator for startups on the Cardano blockchain.
2. Proven Track Record: Our team members have a history of delivering successful projects within their respective fields. Their combined experience ensures an understanding of project delivery within budget, on time, and to high standards.
3. Data Analysis and Market Research: With our team's expertise in statistics, data analysis methods, and marketing, we have the capabilities to gather insights, analyze market trends, and make data-driven decisions. This allows us to tailor our incubator program and resources to meet the specific needs of startups and ensure their success in the Cardano ecosystem.
4. Strong Network: Our team's experience across different sectors and industries gives us access to a vast network that can be instrumental in attracting startups to our incubator and creating beneficial partnerships that contribute to our project and the broader Cardano ecosystem.

To ensure transparency and trust in our management of funds, we will incorporate the following steps:

1. Transparent Budgeting: We will develop a clear, detailed budget that outlines all anticipated costs and the planned use of funds. This budget will be regularly updated and shared with the community.
2. Regular Reporting: Our team will provide regular updates on project progress, financial status, and milestones achieved. Any challenges encountered will be openly communicated and addressed.
3. External Auditing: To enhance trust, we will engage an external auditor to periodically review our financial management, ensuring funds are used appropriately and as planned.
4. Escrow Services: If necessary, we are open to using escrow services to hold funds and release them as project milestones are accomplished. This approach offers an additional layer of security and accountability.
5. Community Engagement: Regular interaction with the Cardano community will be a part of our project. We welcome their feedback, ideas, and suggestions and will use this input to enhance accountability and ensure we are responsive to the needs of the ecosystem.

Our team's diverse expertise, demonstrated dedication to transparency and accountability, and deep understanding of the Cardano ecosystem make us uniquely suited to deliver this project and manage project funds effectively.

[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

Our project has several key goals:

1. Create a Servitization-Blockchain accelerator: The core goal is to build a servitization accelerator that leverages blockchain technology. The platform will support traditional businesses in transitioning to service-oriented models while also helping new businesses optimize their service-oriented strategies.
2. Increase adoption of the Cardano blockchain: By demonstrating the use of the Cardano blockchain for practical, real-world solutions in the business sector, we aim to foster increased adoption and utilization of the Cardano ecosystem.
3. Promote the transition to service-oriented models: Our goal is to promote the transformation of business models towards servitization, thereby contributing to the digital economy and creating value for businesses and customers alike.
4. Generate tangible results: We aim to onboard and support at least 10 businesses in their transition towards servitization within the first year of operation.

To validate if our approach is feasible, we will employ a multi-pronged strategy:

• MVP Testing: We'll start with the development of a minimum viable product (MVP) and test it with a select group of businesses. This will allow us to validate our approach and make necessary adjustments before a full-scale launch.

• Community Feedback: We will seek regular feedback from the Cardano community and the businesses we're working with. This will provide us with insights into our approach's effectiveness and areas for improvement.

• Success Metrics Tracking: We will monitor key performance indicators such as the number of businesses onboarded, the increase in transactions on our platform, and the satisfaction level of businesses and customers using our platform.

• Market Trend Analysis: By observing the trends and developments in the market, we will validate if our solution continues to be relevant and effective in the changing business landscape.

For the technical implementation of our project, we will use agile methodologies. The project will be divided into sprints, each having specific deliverables and objectives. Regular reviews and testing will ensure that we are on the right track and that the developed solution aligns with our project goals and customer needs. The use of the Cardano blockchain for this solution aligns with the trend towards decentralization and offers significant benefits such as transparency, security, and scalability.

[CAPABILITY/ FEASIBILITY] Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

Milestone 1: Project Planning and Team Assembly (Month 1)

• Tasks:
• Finalize project plan
• Set up the core team
• Secure office space
• Set up communication channels and project management tools
• Success Criteria: Project plan finalized, team assembled, communication and project management infrastructure set up

Milestone 2: Market Research and Validation (Month 2-3)

• Tasks:
• Conduct comprehensive market research to understand business needs and market trends
• Validate business requirements and assumptions
• Define product features based on market needs
• Success Criteria: Comprehensive market research report, validated business requirements, and defined product features

Milestone 3: Minimum Viable Product (MVP) Development (Month 4-6)

• Tasks:
• Define technical specifications for the accelerator MVP
• Develop the core functionalities of the accelerator platform
• Conduct initial testing and debugging
• Success Criteria: MVP developed and functional as per technical specifications

Milestone 4: MVP Testing and Feedback (Month 7)

• Tasks:
• Engage a select group of businesses for testing the accelerator MVP
• Gather feedback on user experience, features, and overall effectiveness
• Make necessary adjustments and refinements based on user feedback
• Success Criteria: MVP tested, feedback collected, adjustments made, and retested

Milestone 5: Website Development and Marketing (Month 8-9)

• Tasks:
• Design and develop a dedicated website for the accelerator
• Create engaging content to showcase the value proposition and benefits of the accelerator
• Implement search engine optimization (SEO) techniques to improve website visibility
• Develop marketing materials, including brochures, presentations, and social media content
• Success Criteria: Fully functional and visually appealing website, marketing materials prepared and ready for distribution

Milestone 5: Full-scale Development and Launch (Month 9-11)

• Tasks:
• Develop the complete feature set of the accelerator platform
• Conduct rigorous testing and debugging
• Prepare for the official launch of the accelerator
• Success Criteria: Full-scale accelerator platform developed, tested, and ready for launch

Milestone 6: Onboarding and Growth (Month 11-12)

• Tasks:
• Officially launch the accelerator platform and initiate marketing and promotional activities
• Onboard initial businesses to participate in the accelerator program
• Monitor user feedback and make ongoing adjustments to enhance the platform
• Success Criteria: Platform launched, initial businesses onboarded, and ongoing adjustments made based on user feedback

[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

Milestone 1: Project Planning and Team Assembly

• Deliverables: Completed project plan, team roles and responsibilities assigned, established communication channels and project management tools.
• Outputs: Comprehensive project plan document, defined team structure, and established communication infrastructure.
• Intended Outcomes: Clear understanding of the project scope, defined responsibilities, and effective communication channels among team members.

Milestone 2: Market Research and Validation

• Deliverables: Market research report, validated business requirements document, defined product feature list.
• Outputs: Detailed market research analysis, documented business requirements and validation results, identified product features aligned with market needs.
• Intended Outcomes: In-depth understanding of the target market, validated business requirements, and a clear roadmap for product development.

Milestone 3: Minimum Viable Product (MVP) Development

• Deliverables: Functional MVP with defined core features, technical specifications documentation, initial testing and debugging report.
• Outputs: Developed MVP prototype, documented technical specifications, initial testing and debugging results.
• Intended Outcomes: Tangible MVP that showcases the core functionalities, ensures technical feasibility, and serves as a foundation for further development.

Milestone 4: MVP Testing and Feedback

• Deliverables: User feedback report, adjusted MVP prototype, refined feature list.
• Outputs: Compiled user feedback, updated MVP prototype reflecting adjustments, enhanced feature list based on user insights.
• Intended Outcomes: Refined MVP based on user feedback, improved user experience, and validated product-market fit.

Milestone 5: Website Development and Marketing

• Deliverables: Fully functional accelerator website, engaging marketing content (brochures, presentations, social media materials), search engine optimization (SEO) implementation.
• Outputs: Live website with informative content, visually appealing marketing materials, optimized website for improved visibility.
• Intended Outcomes: Professional online presence, effective marketing collateral, increased visibility and awareness of the accelerator program.

Milestone 6: Full-scale Development and Launch

• Deliverables: Complete feature set of the accelerator platform, comprehensive testing and debugging report, launch preparation documentation.
• Outputs: Developed accelerator platform, thorough testing and debugging results, detailed launch preparation document.
• Intended Outcomes: Fully functional accelerator platform ready for use, refined user experience, and preparedness for a successful launch.

Milestone 7: Onboarding and Growth

• Deliverables: Officially launched accelerator platform and website, initial participant onboarding documentation, ongoing adjustment and improvement reports.
• Outputs: Live accelerator platform and website, documented onboarding process for participants, regular reports on adjustments and enhancements.
• Intended Outcomes: Attracted participants, engaged user community, and continuous improvement based on user feedback.

To track the project's progress, we will measure several key indicators, including:

• Timelines: Monitoring milestone completion within the projected timeframes.

• Deliverable Quality: Evaluating the quality of project deliverables based on predefined success criteria.

• User Feedback: Gathering feedback from participants, users, and stakeholders to assess user satisfaction and identify areas for improvement.

• Website Metrics: Analyzing website traffic, engagement, and conversion rates to measure the effectiveness of marketing efforts.

• Market Impact: Assessing the number of businesses onboarded, partnerships formed, and the overall market response to the accelerator program.

[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

Human Resources: 100,000 ADA

• Core team salaries (including project management, technical, and administrative staff)
• Consultant fees (including technical consultants, legal advice, accounting, etc.)

Research and Analysis: 20,000 ADA

• Market research tools and subscriptions
• User surveys and interviews
• Total Research Expenses

Website Development and Marketing: 60,000 ADA

• Website development and design services
• Infrastructure setup and maintenance
• Content creation and copywriting
• Marketing and promotion

Professional Services: 15,000 ADA

• Legal services
• Accounting services
• Total Professional Services Expenses

Project Management: 15,000 ADA

• Project management tools and software
• Total Project Management Expenses

Documentation and Reporting: 20,000 ADA

• Documentation creation and design
• Reporting tools and software
• Total Documentation and Reporting Expenses

Community Engagement and Promotion: 20,000 ADA

• Community events and meetups
• Publicity and promotion
• Total Community Engagement Expenses

[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

The cost of the Servitization-Blockchain Accelerator project represents value for money for the Cardano ecosystem due to the following reasons:

1. Expertise and Knowledge: The project team consists of highly skilled professionals with expertise in servitization, digital marketing, sales enablement, and project management. Their knowledge and experience ensure that the project is executed efficiently and effectively, delivering high-quality outcomes.
2. Impact on Business Growth: The project aims to support businesses in adopting servitization principles and leveraging blockchain technology. By doing so, it enables these businesses to enhance their competitiveness, improve customer loyalty, and drive innovation. The long-term benefits and growth potential for the Cardano ecosystem make the project's cost justifiable.
3. Market Research and Analysis: The allocated budget for research and analysis ensures that the project is built on a solid foundation of market insights and user feedback. Conducting surveys, interviews, and utilizing market research tools enable the project to better understand the needs and preferences of businesses and align its offerings accordingly.
4. Development and Infrastructure: The budget allocated for development and infrastructure covers the necessary tools, software, and maintenance required to build and scale the accelerator platform. This investment ensures a robust and user-friendly environment for businesses to adopt servitization principles and utilize blockchain technology effectively.
5. Website Development and Marketing: The allocated budget for website development, content creation, and marketing activities plays a crucial role in promoting the accelerator and attracting potential users. A well-designed website, engaging content, and targeted marketing strategies help in building awareness, reaching the target audience, and driving adoption.

The costs outlined in the budget are based on industry standards, market rates, and the specific requirements of the project. Consideration has been given to factors such as the complexity of development tasks, the expertise of professionals involved, and the desired outcomes. The budget has been carefully planned to ensure efficient resource allocation and optimal utilization of funds.

[IMPORTANT NOTE] The Applicant agreed to Fund10 rules and also that data in the Submission Form and other data provided by the project team during the course of the project will be publicly available.

I Accept