Enterprise Blockchain
Building smart and secure businesses with Blockchain
Blockchain for Enterprises
Blockchain is the next big innovation after the internet and has a huge potential to transform many businesses. Banks, financial services, healthcare, telecom, real estate, supply chain, and media distribution are using blockchain as a transformative technology. Companies have started to combine blockchain with other powerful technologies such as Internet of Things (IoT) and Artificial Intelligence (AI) to create entirely new business models and revenue streams.
Speed and Efficiency
All transactions can happen directly between the involved parties, thus increasing the speed of transactions. Blockchain applications can eliminate the need for intermediaries, therefore increasing the efficiency of the business processes.
Reliability and Trust
The transparent nature of Blockchain-built applications generates trust when the companies trade with each other. Many companies are adopting blockchain to establish trust with their clients.
Security
Cost
Blockchain removes the need for multiple parties involvement in transactions. This simplifies business processes and reduces the costs related to reconciliations and disputes.
Blockchain Solutions For Different Industries
Blockchain for Banking and Finance
The blockchain is certainly an important technology for banks. The banking industry is experiencing a lot of innovation across many divisions and in all regions of the world. Blockchain has the potential to streamline the operations of banks and financial services. For example, it takes 20-30 days to close a private equity transaction but with blockchain, the transaction can be closed in a matter of minutes. In a quarter, that adds up to hundreds of thousands of dollars’ worth of transactions processed quickly. Blockchain helps from a regulatory standpoint, improves capital efficiency, increases speed and reduces costs significantly.
Blockchain for Banking and Finance
Blockchain is certainly an important technology for banks. The banking industry is experiencing a lot of innovation across many divisions and in all regions of the world. Blockchain has the potential to streamline the operations of banks and financial services. For example, it takes 20-30 days to close a private equity transaction but with blockchain, the transaction can be closed in a matter of minutes. In a quarter, that adds up to hundreds of thousands of dollars’ worth of transactions processed quickly. Blockchain helps from a regulatory standpoint, improves capital efficiency, increases speed and reduces costs significantly.
Blockchain for Healthcare
The healthcare industry is dependent upon trust, whether it is a patient trusting a doctor’s review or the information about the medicine that has been purchased from a pharmacy. Blockchain offers horizontal innovation for healthcare to create a better trust system. In addition, Implementing Blockchain enterprise allows real-time transactions and saves crucial time during a medical emergency. On Blockchain, patients could have a digital record of their medical history thus removing inefficiencies and pain points in the healthcare system.
Blockchain for Healthcare
The healthcare industry is dependent upon trust, whether it is a patient trusting a doctor’s review or the information about the medicine that has been purchased from a pharmacy. Blockchain offers horizontal innovation for healthcare to create a better trust system. Not only this, Blockchain can allow real-time transactions and save crucial time during a medical emergency. On Blockchain, patients could have a digital record of their medical history thus removing inefficiencies and pain points in the healthcare system.
Find out How Blockchain Technologies Can Help you