Blockchain has been present for years, since 1970s, however the latest development of the Cryptographic hashes, used in Bitcoin, provided the facility to provide a more widespread applications, not only in crypto currency, but also for secure enterprise B2B solutions, at scale.
Using Cryptographic Hashes, a ledger using the Blockchain concept is stored on a distributed network, whose transactions cannot be deleted or tampered with(immutable).
There is business logic also stored on the ledger which can be automatically executed, provided the conditions are met.
It is a secure tamper-proof mechanism with time stamped cryptographic hashes to provide authentic, trusted governance to systems on a peer-to-peer basis.
Use cases include:
- KYC & Identity Verification
- Supply chain + IOT provides excellent automated Tracking solutions.
- Trading platforms.
About distributed ledger technology at B2E
Our principals use Agile & DevOps practices and to provide push button deployments and resilient solutions at scale using Blockchain & Distributed Ledger Technologies.
B2E will augment your organisation’s teams to define, and implement solutions and provide training where appropriate, using the latest DevOps practices and to provide push button deployments. The portfolio of B2E is broad, so it gives us the perfect opportunity to truly capitalise on Blockchain concept working across the whole ecosystem.