As an enterprising business, every transaction you carry out with multiple vendors on a daily basis results in a huge repository of data. Be it the shipping of goods, settlement of insurance claims, or managing identity credentials, enterprise blockchains present a single source of truth for this data that can’t be altered once recorded.
Of annual business value to be generated by blockchain by 2030
Built on the concept of distributed ledger technology, blockchain ensures that every node of the member network has the updated information which increases the transparency in transactions and reduces the chaos of working together.
Transparency doesn’t mean you let go of your business intelligence and competitive knowledge. Encrypted blocks keep data security intact which allows you to share business information with confidence and collaborate securely.
Forget the paper trail you need to rummage for audit proof and identity or part verification. Maintaining an immutable record of activities on enterprise blockchain makes it easy to run audit processes and fight fraud.
In an industry whose foundation is built on trust, insurance companies grapple with knowing their customers better while not breaching their privacy. On a blockchain network, insurers can go through AML compliance and KYC processes without spending heavily on data acquisition as customers begin to share their data confidently in the blockchain.
Blockedge is designed to help you innovate in blockchain without worrying about the implementation and maintenance of blockchain infrastructure.
Highly scalable architecture
24X7 blockchain network operations support
Storing data from smart energy monitoring devices, oil transportation documents, and energy bills on an immutable ledger eliminates errors, duplication, and delay in operations. Enterprise blockchain can also serve as a reliable and cost-effective platform in peer-to-peer energy and hydrocarbon trading.
Built on the mechanism of trust which is the core of any government service or federal agency, blockchain facilitates the responsible and controlled sharing of citizen data for the common good. Blockchain improves the operational efficiency of legacy, paper-intensive governmental processes.
From manufacturing to regulatory certifications and routine MRO activities, adopting blockchain technology saves time and effort in tracking and tracing critical aircraft details.
The secure yet transparent nature of blockchain proves invaluable to the protected sharing of sensitive patient data. Reducing paperwork and process errors, blockchains can be deployed for maintaining,