Blockchain

Blockchain or Distributed Ledger Technology (DLT)

Blockchain or distributed ledger technology (DLT) Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, a car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved. Permits transactions to be gathered into blocks and recorded as a immutable block. It is also Distribute Ledger Technology(DLT) as data is spread across multiple users and ensures that data/information is not changed by any one. By decentralizing data and protecting the way it is manipulated, blockchain promotes transparency and the sharing of information.

Blockchian works on the concepts

  • DLT
  • Smart Contract
  • Immutable
blockchain

Our Methodology

We can help clients to evaluate and adopt Blockchain and DLT (distributed ledger technologies) that uses encryption and coding to improve transparency, efficiency and trust in information sharing.

Provides Integrated solutions where our clients can perform pilot, test, and build tailor made blockchain based applications and intelligent contracts.

Our custom Solutions and Use-cases include.

Implement Hybrid Blockchains - Easy Transistion for B2B and Governmental use-cases.

Build Private-Permissioned Blockchains - Private blockchains can be utilized for internal processes and test environments, to accomplish testing of consensus mechanisms before going full production.

Consortium Blockchain- These are layered blockchains can be set up between organizations

Public Blockchain- These are permission-less blockchains, all transactions on these blockchains are permanent and publicly available to view and verify.

Blockchain Data Provenance, M2Mi, Identity, Reduce Intermediaries, Processing Made Faster, Better Security Automation, AI (Artificial Intelligence), Trust, Transparency, Higher ROI.