Beyond Bitcoin, the Blockchain is just getting started!
Understanding Blockchain
“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
– Don & Alex Tapscott, authors Blockchain Revolution (2016)
Blockchains are a way to implement a distributed ledger, a record of consensus with a cryptographic audit trail, which is maintained and validated by several separate nodes.
Speed: Blockchain technology enables about near time settlement possibilities between different untrusted entities helping to optimise your business processes more effectively.
Security: Built on secure cryptographic digital signature technologies, blockchain helps to reduce fraud and establish trust and accountability.
Privacy: While adopting an unprecedented level of transaction transparency, blockchain technology gives provision for acceptable levels of privacy for identity when used correctly.
Redundancy: Decentralised nodes/replicas distributed geographically along with immutability enhances network authenticity with robust uptime.
Scalability: Network uptime and performance are directly proportional to the number of nodes. Blockchain enables rapid deployment of the nodes and reduces the cost & time for the business to establish across geography.
Transparency: Blockchain has the potential to bring heightened transparency in transaction propagation which would help in tracking asset ownership.
Currently we are working on these POC’s. Feel free to reach us for queries or if you want us to work on Blockchain POC’s / Projects.
Unochain provides a comprehensive set of consultancy services around Blockchain technology to help you prosper in business growth with the disruptive benefits Blockchain offers, along with training and research facilities enabling comprehensive education on the technology.
Explore Unochain comprehensive resource section to understand some of the key concepts of the Industry.
Sathvik has over 15 years of entrepreneurial experience building software systems in the financial and virtual reality industry. He has an MBA in IT and Business from University of Melbourne.
Sunny has over 15 years of experience in business development in the robotics and financial industries. He is an Electrical Engineer from University of Toronto.
Harish has 15 years of experience in the financial and telecommunication industry. He is a Computer Science and Telecommunication Engineer from Siddaganga Institute of Technology.
Abhinand has over 5 years of entrepreneurial experience building marketing and networking system in the communications industry. He is a Computer Science Engineer from R V College of Engineering.
