At present, Blockchain is one of the most talked-about technologies in business. It has potential to drive changes and create new opportunities across global businesses. Blockchain can enable industries to drive innovation of traditional business models. This technology has the potential to impact all major areas in a business. From accounting to Human resource and supply chain to marketing & advertising the opportunities and applications of this technology in business are endless.
The core of our operations relies on first studying and understanding the pain points of our client’s business along with the systems and processes that are currently in place. After conducting an in-depth analysis, we develop proprietary solutions for them based on blockchain technology. In short, we enable a ‘digital transformation’ for our business partners, wherein we evolve their current setup to make it more efficient and future-ready.
For example, the amount of data that is being generated nowadays and the fact that crucial aspects of our lives such as communication and financial transactions revolve around the digital space, it is of utmost importance to ensure the safety and security of online data. Security, misuse, storage, traceability and accountability of data etc. are some of the key challenges we face in today’s time. And despite this being a towering challenge, all these pain poits can be solved using blockchain technology.
Since it is based on a distributed ledger system, a blockchain network is decentralized in nature and allows only authorized users to access the data inside it. In addition to this, every block in a blockchain consists of a unique hash, which makes it tamper-proof and indestructible. We are currently working with many big organizations to implement these solutions in real-world applications.
Our flagship product, BitMemoir, a web3 based application that provides clients with digital certifications. Users can convert personal identifiers, property documents, and other sensitive materials into digital certificates, or NFTs, and store them in their own wallets. By utilising blockchain technology, BitMemoir enables users to own their personal documents in perpetuity. The BitMemoir platform offers multiple significant use cases through a single platform, such as digital certificates/credentials, NFTs as souvenirs, dynamic NFTs, and NFT-based loyalty programs. Backed by revolutionary blockchain technology, the platform focuses primarily on negating the possibility of creating fake credentials or fudging the documents. An additional layer of verification depicts the credibility and reliability of the certificates/documents. The platform is integrated with the BitWallet (non-custodial wallet), which is NFT friendly and creates a gallery of all NFTs by default.
