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Blockchain technology can bring traceability and transparency to enterprises. Know more about this digital-ledger technology with this presentation. https://www.debutinfotech.com/blockchain-development-services
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Why Blockchain is the best solution for enterprises? A leading blockchain app development company
Intro • In today’s global economy, successful business transactions depend upon the organization’s ability to store and retrieve data. Such transactions require computing and digitization. • There is hardly any administrative process that can’t be transformed through Blockchain technology. • The main question that arises here is whether Blockchain technology is the right solution for your business?
What is Blockchain? • Blockchain is a time-stamped series of immutable records managed by a cluster of computers that are not owned by a single entity. • Each of these Blocks is secured and is bound to cryptographic principles. • Following are the features of Blockchain technology: • This is not own for a single entity, hence it is decentralized. • The data is cryptographically stored. • The Blockchain is immutable, so no one can tamper with the data inside Blockchain. • The Blockchain is transparent, which makes data traceability easy. • These features help you to build Blockchain apps that bring traceability and transparency to enterprises.
What is Blockchain as a service? • By offering benefits ofcustom Blockchain-based solutions to enterprises , the technology has started being offered in the cloud as a service business model. • Blockchain applicationsoperates as a web host that runs on the app’s backend. • Blockchain as a service acts as a catalyst that leads to widespread adoption of Blockchain technology.
Blockchain – Use Cases Use Case #1: Smart Contracts Smart contracts help you to exchange money, property, shares of anything in a conflict-free way while avoiding middlemen. Smart contracts provide you the following: • Trust: The encrypted documents are saved on a shared ledger. This makes them transparent and secure. • Back-up: The documents are duplicated many times, and each member of the ledger has the node. • Safety: The encryption of websites keep the document safe, and prevents data loss and hacking.
Use Case #2 2. Supply chain communications • Blockchain technology integrated with the ability to program business logic with the use cases of smart contracts enables the following: • Transparency in the provenance of consumer goods- from the source point to end-user. • Accurate tracking of assets. • Enhanced licensing of services, products, and software.
Use Case #3 3. Blockchain in Healthcare Blockchain has the potential to transform healthcare, placing the patient at the center of the healthcare ecosystem. This increases the security, privacy, and interoperability of health data. Blockchain in healthcare provides the following benefits: • Improved Medical record access: With Blockchain technology in Healthcare, you can get access to the complete medical history of the patient. • Efficient Research: Health Nexus stores a patient’s information on the Blockchain for all the parties to view. It also allows patients to sell their data to researchers for profit. • Stop counterfeiting of products: Thousands of people die due to drug counterfeiting, which tends to end with more secure supply chains Blockchain technology.
Why Debut Infotech? Prepare for the transformational impact of SaaS-based Blockchain solutions from a fully traceable supply chain to immutable identity management, with Debut Infotech’s fully connected.
Thanks You For more info contact us via Mail: info@debutinfotech.com Call: 1-703-537-5009