Blockchain technology known for its massive input into modern business processes thanks to its full-proof security, transparency and fast pace, has already been dubbed as the next technology frontier for several business niches. Financial and banking sectors where transaction time and data security are two most crucial factors are destined to be the most benefited niches from the deployment of Blockchain. But apart from other business niches where protecting intellectual property rights is a serious concern or niches where real time access to data and fast paced business transaction are two most concerning areas, Blockchain as a technology can really play a pivotal role to add value to the business processes and secure all data.
The biggest advantage of Blockchain technology is that it is basically a ‘write once’ database that allows no tampering, deletion or change of the records in database once written. One can always add subsequent layers of additional data but the already recorded data can neither be deleted nor edited. This makes all the changes and additions made in the database openly1verifiable and accessible over the internet anytime anywhere.
Blockchain is also the technology that allows maintaining a database of records with detailed layers of information including date and time stamps for each entry. This helps keeping the record easier for referring to intellectual property rights and ownership of products. With the database available in real time over the web, Blockchain really helps in pacing up the transaction with little room for lagging time.
With so much of promising attributes, Blockchain can really make business transactions easier for a variety of niches beyond the so called Blockchain strongholds of finance and banking. The best thing is Blockchain works with a shared database and it remains open to everyone in the industry or respective domain or category.
Please see below to learn more about few of the Industry specific uses cases of Blockchain Tech.Just consider if you can settle any contractual dispute or ascertain transaction value with just a software service enabling your business over the web. Yes, to your surprise such a service can maintain complete confidentiality, security and they can provide you verified feedback just instantly. AuroSys offer such robust Blockchain service offering to cover for all your business transactions and processes.
By leveraging Blockchain technology, AuroSys provides comprehensive platform and solutions for assessing business processes and pertaining IT models. We help enterprises creating substantial value and also come with a clear proof of value (PoV) for the enterprise.
Some of the key things that our Blockchain services take care of include the following:
Here are some of the key reasons to opt for our Blockchain solutions for your business: