The data is stored as part of blocks that are digitally signed with their corresponding hash eliminating the risk of fraud.
The work protocol requires that 51% of the nodes validate each new block avoiding the risk of data corruption.
The use of private and public keys allows the nodes to verify the authenticity of transactions without intermediaries.
Blockchain technology allows publishing information data that will be only accessible by the recipient.
Immediate liquidation of digital assets which helps dictate immediate receiving from hundreds of online and offline suppliers.
Commercialization of physical assets and collection rights through secondary markets without borders in minutes.
Cryptocurrencies are another derivative of Blockchain technology. Some such currencies offer more security and stability than others, but their common denominator is the decentralization of monetary control. Integrating this technology into companies allows us to increase the financing pathways for our customers and attract potential customers.
Artificial Intelligence and Machine learning technology allows us to generate predictive models based on data with multiple applications in the real world. From the forecast of prices in the financial environment, the prevention of fraud, to the prediction of the impact of a new product in the market or the sales of the next quarter. This further allows us to keep up with the constantly changing financial environment.
We use corresponding hashes to encrypt data using the private and the public key, in order to improve the data immutability thereby reducing the chance of fraud. Hashing is a one way function and encrypted messages could be retrieved if you know the corresponding key to which you encrypted the message. Blockchain technology allows publishing information data that will be only accessible by the recipient.
We are experts in technology consulting. We provide solution to the technological needs of our clients promptly and efficiently, thereby, reducing implementation times and time to market. We can help you discover how to implement the new Blockchain technologies in your business processes.
Having a big sale, on-site celebrity, or other event? Be sure to announce it so everybody knows and gets e Blockchainmultiply LLC are experts in the detection, verification, simulation and execution of automatic investment systems based on intranet trading and computer assisted trading. We develop the platforms in expandable CLOUD architectures and operate with any exchange automatically. We develop and maintain custom applications for our client companies that provide tools for Business Intelligence, recommendation systems and bonus calculation engines.
The Health Industry is currently hospital-centric and this model is unsustainable. It is important to adopt new technologies and processes in order to make it more patient-centric.
Current health care system faces numerous issues including fragmented records, limited treatment options and increasing infrastructure costs. In the past 50 years, importance has been given to building and maintaining of hospitals and care centers which require a huge monetary input. In addition we need physical records and high quality specialized doctors available locally.
Many health nations such as Canada and Norway are using advanced technologies to make healthcare more patient-centric. Using a Blockchain model, healthcare systems can be completely digitized and decentralized. This will allow the patient to receive high quality health care such at low cost. Further, the patients will receive constant monitoring with the use of virtual doctors. Such an implementation of the health care systems will provide preventative health care (prevent rather than cure). In addition, the digitization of health records at primary health care center for patients (including all radiology, pathology and other medical history) will ensure that the patient data is intact, unchangeable, private and secure.
The implementation of such a framework requires support from insurance companies and changes to the legal system. Technology critical in building and implementing this framework are:
Modernizing healthcare is imperative to reduce costs and developing a sustainable health information system. The opportunity is many faceted . We need to seize the opportunity and use Blockchain to adopt, develop and roll out the patient/home-centric health care.
Blockchain technology is quickly becoming an important element in the modern business model.
Most businesses especially startup businesses use physical records or locally stored data storage units. This adds to the cost of software and increased waste. Furthermore, for retail businesses, the spaces used for warehouse and storage of products need additional financial investments. To keep up with the ever changing and demanding business environment, we must make an effort to eliminate inefficiencies and automate extended processes from manufacturer to retailer.
Implementing a digitized and secure software will cut down on paperwork and save time. Additionally, it will ensure that cash settlements are made properly and reduce wasted space in transport and storage which improves the chance to drive revenues. With emerging technologies, both manufacturers and retailers will be able to improve supply chain visibility, which further improves planning and reduces the potential for unwanted deliveries. Furthermore, developing software to improve efficiency in the supply chain using advanced systems and technology will allow business to improve their retail customer relationships.
Automation of processes requires data integration and mobile integration so that the data entered into the mobile device is automatically transferred or synchronized to back-end applications. Blockchain technology can open doors emerging technology such as radio frequency identification tagging and electronic tracking.
Besides creating enterprise solutions, Blockchain technology be used in modern banking. Banking has vastly changed in the past couple decades from its traditional approach to the modern e-banking or digital banking.
Present day banking is almost completely online. People pay rents and utility bills online, get their salary, transfer money and use credit cards to make their payments online. Organisations should use modern technology and leverage its key features in order to improve their security and efficiency. Crypto technology is a key element for developing PoCs (Proof of Concepts) for banks and governments globally. A PoC provides vendors the opportunity to demonstrate that a live instance of their technology can actually do what they claim it can. Many of the more innovative service providers in the digital banking space are relatively new, and as a result don’t have the proper proof points that banks and credit unions need to make a sound decision. Given the fact that any issue in a bank or credit union’s digital channels can impact thousands of consumers, it is reasonable to request a proof of concept demonstration that validates a vendor's claims. Furthermore bitcoin exchanges, wallets, mining farms, mining pools, mining services and crypto-currencies transactions use the decentralization concept from blockchain technology. We can utilize our relations and collaborations with companies across UK, USA, Canada and Asia in developing and launching Initial Coin Offering (ICOs/ITOs).
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