Seeking investment

Wallet.Services’ enterprise platform SICCAR addresses the barriers to distributed ledger technology (DLT) adoption. We help businesses and government organisations collaborate more efficiently with the latest in secure data sharing technology. Take the strain out of complex, cross-organisation collaboration by working better, quicker and at a lower cost.  Remove security, privacy and confidentiality concerns with unprecedented protection using the latest in secure data sharing technology and future-proof your investment with our DLT-agnostic API.

Wallet.Services’ SICCAR platform has a comprehensive set of templates and tools so you can design and deploy your application quickly, and with the level of customisation you require.

SICCAR is a single platform to manage process, evidence and execution. Take full control and gain better access to more data from more sources by integrating disparate data systems through one interface. SICCAR’s highly scalable solution uses open standards and technologies and allows flexible relationships between organisations within the non-hierarchical network. Our intuitive tools removes the complexity of DLT network and process implementation by allowing you to easily customise, iterate and manage the life cycle of your templates. It also gives you full control over the design process and data flow between organisations.

With encryption by default, reduced attack surface and controlled access to tamper-proof data from Day 1, we ensure your peace-of-mind with unprecedented security, privacy and confidentiality.

SICCAR integrates with your current IT investments, and no shared IT is required between your customers, suppliers or partners.

In the first half of 2018, there were 945 cyber attacks resulting in the breaching of 4.5bn data records. This is a grave situation, and reducing the complexity and security risks experienced in everyday digital life is why co-founders Stuart Fraser and Peter Ferry set-up Wallet.Services. Our Massive Transformational Purpose (MTP) is to change the internet back to a force for good – by enabling cryptographically secured safe and trusted digital collaboration. We are transforming collaborative working, ensuring it is fully optimised by securing data and the people and organisations that own it. Wallet.Services uses a technical approach in its award-winning SICCAR software platform to decentralise networks, applying distributed ledger technologies underpinned by blockchain’s end-to-end cryptography to safely streamline collaboration. As computer scientists, these emerging new secure data sharing technologies have given us purpose, positivity and hope that manufacturing and resources and public sector organisations can work together digitally, in frictionless ways that have not previously been possible.

With our client base growing, Wallet.Services works with governments to solve cross-organisational collaboration challenges where outcomes for citizens can only be achieved with unanimous consent from numerous organisations – such as entitlements, approvals and licensing processes.  Wallet.Services also tackles complex supply chain issues within manufacturing & resources industries, such as protecting commercially sensitive data whilst facilitating transparency in highly regulated compliant processes – all via minimal shared IT resource.

Our team have engineering expertise, business integrity, practical experience and credibility. At the heart of this combined knowledge lies steadfast commitment to quality and robust system security. Essential to this is the need to build with integrity and longevity to solve fundamental problems and safeguard lives and livelihoods.

Inherent in our ethos, we enjoy an open and human approach with clients, partners and colleagues. Independently-minded, free-thinking and socially responsible, we take the longer view to makes a real and sustainable difference.

We are building a natively digital and safer world, for now and generations to come.

Chief Executive Officer: Stuart Fraser

Stuart has 30 years professional practice in Information Technology, his experience spans the early days of Local Area, Satellite and Wide Area Networks to modern Internet scalable application development and service provision. Engaged as team member, leader and director of teams up to 50 individuals, active participation and thought leadership has been key in

He was involved in a number of leading edge projects such as the BP Virtual Teamworks desktop video conferencing project in 1995, Work24 a joint RBS and Scottish Power project in 2002 and as start-up CTO of MiiCard (now The IDCo.) in 2011.  He co-founded Scotland’s first Cyber Security consultancy DNS Ltd in 1999, which ultimately sold to Dell in 2008, that Stuart gained his deeper Information Security knowledge. During this time he attained a number of industry qualifications such as CISSP and UK government specific CESG Check and CLAS certifications on top of a wider understanding of business solutions. He has a Masters (MSc) in High Performance Computing from Edinburgh University.

He founded Wallet.Services because of his view that Blockchain network and cryptographic technologies can fundamentally transform the secure sharing and protection of digital data in the Internet age to build a better, secured by default, and natively digital world for today and for generations to come.

Chief Commercial Officer: Peter Ferry

Peter co-founded Microsoft Scotland and spent much of the dot com boom working in the large financial services institutions of Scotland, consulting on leading-edge web, infrastructure and security projects. Peter’s corporate career continued, ultimately leading Microsoft’s Cloud and Partner programs and building the Microsoft Technology Centre to demonstrate the business impact of disruptive tech.

He’s has served on the board of Scotland IS, runs a Code Club for Primary age kids, and serves as the Honorary Consul to the Republic of Estonia in Scotland.  In addition, he is a member of the Westminster All Party Parliamentary Group on Blockchain.  Peter graduated from the University of Strathclyde with BSc (Hons) Information Engineering and MSc Communications and Digital Signal Processing.

Director of Strategic Transformation: Hannah Rudman

Dr Hannah Rudman FBCS FRSA is a highly experienced IT and Digital Transformation Professional with blockchain and distributed ledger technologies expertise. Hannah is Strategic Transformation Director at Wallet.Services, supporting public and private sector enterprises to build business and operational models and value with DLT. Specialist in using design thinking and creative practices and participatory action research approaches with clients for innovation, to overcome challenges of digital change. Expert skills include establishing and maintaining strategic relationships and partnerships, and communicating the opportunities and impacts of digital change and disruption with clarity to government, general audiences and industry. She is co-author of the report Distributed Ledger Technologies in the Public Sector published by The Scottish Government in 2018.

Hannah has personally led the digital transformation of over 150 companies, national organisations and publicly funded institutions. £multi-million national digital transformation and innovation programmes have been directed by Hannah’s leadership, creating digital transformation in over 250 enterprises. Hannah advises governments on how to empower sectors to change and transform to maximise digital opportunities. She has made keynote addresses at international conferences in Mexico and Australia and is a persuasive communicator, as a speaker, writer, academic, interviewer and presenter of filmed case study documentaries.

Hannah is internationally renowned for her proven in the field & academically verified Digital Transformation framework. An experienced non-executive director, she serves as Board Trustee for the National Galleries of Scotland. Hannah was elected as Fellow of the British Computer Society in 2016, as Honorary Fellow at Durham University in 2015, and as Fellow of the Royal Society of Arts, Manufacture and Commerce in 2007. She has a PhD in Information Systems, an MRes in Drama and IT, a PG Cert in Computer Science and a BA (Hons) in Drama and Theatre Studies.




  • Funding Stage Post-seed
  • Trading for 1-5 years
  • Employees 11-50
  • Sector Distributed Ledger
  • Valuation N/A

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