TCS has partnered with ABN AMRO bank to explore the potential of blockchain in the clearing and settlement segment. This test explores how tokenized cash balances and equities are allotted and transferred between issuers, clearing banks, and investors. We leveraged our PoC platform within a sandbox environment integrated to their back-office platform. This engagement tries to establish whether a distributed ledger integrated with legacy systems can create a‘single source’of truth to allow instant cash settlements

With its new cloud-based, horizontal blockchain-as-a-service offering, Oracle aims to enable enterprises to explore different blockchain use cases without having to set up new infrastructure for each use case. It is a PaaS offering that leverages Hyperledger Fabric v1.0, and the company plans to evolve the platform’s capabilities as customer needs dictate. 

The healthcare industry is facing a significant challenge in terms of interoperability. With the introduction of federal legislation promoting the adoption of electronic health records, software vendors rushed to provide solutions. However, these solutions often maintain data in silos, without a common approach for coordination with other solutions. Electronic health data exists in standardized file formats that can transmit various types of medical information, but without interoperability, the benefit of this data is greatly diminished. The lack of interoperability makes it difficult to move files from one place to another in a manner that is useful or meaningful. Traditional solutions, such as enterprise integration platforms, have attempted to address this issue, but they often leave data locked inside siloed systems within each participating organization. This approach also struggles to keep data in sync and maintain a single source of truth with a proven audit trail.

Blockchain Labs is one of the leading providers of Blockchain technology solutions. We have built and operated COOV, South Korea's national blockchain-based COVID-19 vaccine passport that serves more than 43 million users and processed over 30 million verifications per day - this is by far the biggest and the most successful Blockchain service that people were able to use. Our company specializes in web 3.0 Blockchain technology, blockchain-based services, Blockchain messaging apps, and helping businesses achieve data sovereignty. If your business is considering leveraging Blockchain technologies to increase transparency and decentralize certain modes of communications, look no further than Blockchain Labs. We can help you develop a custom Blockchain solution that is tailored to your business needs. Feel free to schedule a complimentary consultation with us today.

Strengthen your business with a resilient supply chain system powered by Blockchain technology. As a custom Blockchain development company, at BSEtec, we develop, deploy, and maintain Blockchain supply chain systems that provide total transparency at every stage of the product's journey and help eliminate communication gaps and data-transfer errors.

Strengthen your business with a resilient supply chain system powered by Blockchain technology. As a custom blockchain development company, at BSEtec, we develop, deploy, and maintain Blockchain supply chain systems that provide total transparency at every stage of the product's journey and help eliminate communication gaps and data-transfer errors.