Blockchain Technology Partners

Blockchain Technology Partners (BTP), founded in 2018 by Duncan Johnston-Watt and Hugh Sutherland, was an enterprise blockchain company headquartered in Edinburgh, Scotland. The firm's core mission was to simplify the adoption of blockchain technologies for businesses. BTP focused on enabling organizations to build multiparty applications by managing the underlying technology infrastructure. The founders brought extensive industry experience in areas ranging from blockchain and Kubernetes to open source, fintech, cloud, and automation. A significant milestone for the company was securing a £2 million seed funding round in July 2021, led by Force Over Mass and Signature Ventures, with participation from angel investors.

BTP's business model centered on providing a production-ready blockchain platform and partnering with businesses to deliver solutions. The company's flagship product was Sextant, a management platform designed to radically simplify the deployment and ongoing management of distributed ledgers and smart contracts. Sextant enabled one-click deployment of enterprise-grade networks for distributed ledger technologies (DLTs) like Hyperledger Sawtooth and Hyperledger Besu. The platform leveraged Kubernetes for orchestration, allowing for flexible deployment across multi-cloud, on-premises, and hybrid environments. By making the blockchain infrastructure 'invisible' to developers, Sextant allowed enterprises to focus on application development rather than the complexities of the underlying technology. The company generated revenue through training, consulting, support, and fully managed services.

One of Sextant's key features was its support for multiple open-source distributed ledgers and its ability to integrate various smart contract languages, including DAML in partnership with Digital Asset. This provided clients with choice and flexibility in building their applications. BTP also developed Paralos, an enterprise-grade, open-source distribution of Hyperledger Sawtooth, further demonstrating their commitment to the open-source community. In early 2021, BTP partnered with cybersecurity firm Taekion to offer Sextant for TFS, which integrated the Taekion File System with Hyperledger Sawtooth to provide military-grade information security for storing critical data on the blockchain. While BTP was an active entity, it was ultimately acquired by Digital Asset, a company focused on tokenized real-world assets.

Keywords: Blockchain Technology Partners, BTP, Sextant, enterprise blockchain, distributed ledger technology, DLT, Hyperledger Sawtooth, Hyperledger Besu, Duncan Johnston-Watt, blockchain management platform, smart contracts, Kubernetes, multi-cloud, Paralos, Taekion, blockchain infrastructure, managed blockchain services, enterprise software, DAML, Digital Asset acquisition, fintech infrastructure