• You want to secure your data?

  • You want a faster way?

  • You want to eliminate physical data?

  • You want your Business Process Automated With Smart Contracts?

  • You want to improve Data and Infrastructure Resilience?

What is Blockchain?

Blockchain is a collection of digital records, linked to each other which is exchanged between two parties directly without any interference of third party and cannot be rewritten or erased.

Blockchain technology can open up new doors for your business as it provides improved transparency, increase efficiency and more security.

  • Private block chain: this refers to when a single company uses block chain technology in order to manage database and auditing section of the company. This is a centralized traditional approach where a company would know all the participants from the start and require privacy, security and compliance.

  • Public block chain: Public block chain network allows anyone to view the ledger, there are no restrictions as to who can view it. This gives more transparency which means there is no corruption or discrepancies and it takes the decentralized approach and ensures all participants have equal rights.

Here are few benefits of using block chain technology:

Security

It is not possible to erase, edit or copy once the block has been sealed making it secure for users and participants. It’s decentralized nature additionally gives it an extraordinary nature of being ‘trustless’ – which means the parties do not need to worry about transactions.

Transparency

One of the best features of blockchain technology is the degree of transparency. it is entirely transparent which means anyone can view these digital ledgers making it possible for users to track and verify any transactions.

Increased efficiency

Blockchain can help you to be more efficient by removing middlemen in many fields for e.g. Real Estate and Payments. blockchain does not require any third-party involvement which makes it a much faster and efficient way to deal with transactions.

Improved Traceability

You can use a blockchain ledger, whenever you are exchanging goods. It will be recorded in the blockchain and you can easily trace the goods in the audit trail. It will help to prevent fraud, especially in exchange businesses.

Why Blockchain is Important?

Blockchain technology is growing rapidly and will be changing the face of many businesses. It can open up new doors for your business as it provides improved transparency, increase efficiency and more security.

At Onlinist, we use design structured based rules that allow businesses to transform at a level depending on the type of industry/sector they are part of. We recognize, examine and assess solutions on how blockchain can add value to your business daily operations. Our main focus is to provide you the finest quality for an affordable price keeping your company’s goal and vision in mind.

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Blockchain Importance in Different Sectors

Blockchain in Financial Service Technology: Blockchain technology is being used by many fintech companies including startups as it removes the third party which makes the process much easier and reduce the settlement time.

Blockchain in Healthcare sector: The healthcare can benefit with this technology by managing the patient’s data; exchanging and adding information to the patients record which can be used by the patient, healthcare provider or the insurance provider.

Blockchain in Healthcare sector: The healthcare can benefit with this technology by managing the patient’s data; exchanging and adding information to the patients record which can be used by the patient, healthcare provider or the insurance provider.

Supply Chain Management: Blockchain technology ensures that the supply chain of any company improves efficiency, tracking of assets and is cost effective.

Advantages

  • It uses protected cryptography to secure the data ledgers..

  • The transactions are recorded in chronological order.

  • The data structure in a blockchain is append-only. So, the data cannot be altered or deleted.
100%

SECURITY

90%

SPEED & EFFICIENCY

95%

TRACEABILITY

95%

TRANSPARENCY