WHY BLOCKCHAIN

A Technology for the
Future Global Economy

Blockchain solutions based on Hyperledger and Ethereum and many more has tremendous potential to reshape multiple industries including, finance, supply chain, education, healthcare and much more while helping set a new standard in each respective market.

why apply Blockchain

KEY COMPONENTS

Key Components

Real Time Data Sharing

DISTRIBUTED LEDGER

Real Time Data Sharing

In a distributed ledger, parties can run their own node, each having a timestamped copy of the blockchain database. Every node is only privileged to data that is relevant to that party.

High-Level Encryption

CRYPTOGRAPHY

High-Level Encryption

The Cryptography component of Blockchain enables a system to encrypt and secure data. Only users having private/public keys with enough privileges, can push/pull data to or from blockchain.

Autonomous Process Execution

SMART CONTRACT

Autonomous Process Execution

Enables the autonomous execution of business contracts based on pre-defined conditions. Smart contracts allow companies to utilize executable code on a blockchain.

APPLICATIONS FOR BLOCKCHAIN

Applications of Blockchain

Digitizing Documents

Shifting documentation to a digital blockchain based database, allows more processes to be automated or optimized, minimizing human resource and errors, and saving a lot of time.

Digitizing Documents

Distributed Database

Distributed Ledger Technology ensures all permissioned parties involved in various processes can access all data relevant to them, without compromising on the security of sensitive information.

Distributed Database

BLOCKCHAIN:BENEFITS

Blockchain: Benefits To Enterprises

Increased Auditability

Increased Auditability

Data is stored on blockchain is immutable and easily auditable.

Process Transparency

Process Transparency

Enterprises can maintain transparency in their processes while keeping sensitive data private.

Advanced Security

Advanced Security

All data on blockchain is cryptographically secured and because the encrypted data is distributed, there is no single point of failure.

Optimized Workflow

Optimized Workflow

Blockchain enables a secure transition to automated and paperless transactions reducing the overall organizational burn rate.

Private Network

Private Network

Only permissioned parties can access certain documents/data and make changes to them.

Seamless Integration

Seamless Integration

Blockchain solutions can be easily integrated with any existing platform using custom plugins and adapters.

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