Business runs on information. The faster it’s received and the more accurate it is, the better. Blockchain is ideal for delivering that information because it provides immediate, shared and completely transparent information stored on an immutable ledger that can be accessed only by permissioned network members.
What is Blockchain?
- Distributed ledger technology
- Immutable record
- Smart Contract
- Support multi-signature accounts to distribute funds as soon as all parties involved confirm the agreement
- Ensure security
- Reduce relation to trusted intermediaries
- Automate processes done manually
- Manage users’ agreements
- Provide utility to other contracts
How Blockchain works?
- As each transaction occurs, it is recorded as a “block” of data
- Each block is connected to the ones before and after it
- Transactions are blocked together in an irreversible chain
Fintech Segment
- Payment
- Funding & Investing
- Accounting
- Digital Identity
Healthcare
- Patient data management
- Healthcare transactions control
- Drug supply chain management
- Clinical trials & healthcare research improvement
- Medical paperwork management
- Integration with wearable IoT devices
- Tracking medical credentials
- Smart contract for insurance
Supply Chain Management
- Food Safety
- Cold Chain Traceability
- Supply chain logistic
- Supply Chain Finance
- Supplier Payments
Manufacturing Industry
- Warranty Fraud
- Simplifying & safeguarding Quality Checks
- Machine-led Maintenance
- Provably sustainable chains
- Ensuring the provenance of materials
Oil & Gas Industry
- Digitalization of Crude Oil
- Transactions Blockchain Network
- Data Storage & Management
- Supply Chain Transparency
- Commodity Trading
- Smart Contracts
- Land Record Management
- Financial Reconciliation
- Wells and Equipment Maintenance
- Waste Management & Recycling
