Posts by: toshendra
What are streams in RecordsKeeper?
Lockers are virtually the collection of documents & categories of an entity. You can also call it a place where you will keep your documents stored for an individuals or a business. One account can have multiple lockers for multiple purposes. For example, Alice can have 3 lockers to have better arrangements of her documents or records.
- Nov 15
- 2 mins read
Data security on Recordskeeper
Documents or records stored on RecordKeeper are very safe due to Blockchain & Asymmetric Key Cryptography (aka Public-Key Cryptography). This pair (Blockchain & Asymmetric Key Cryptography) help us achieving the 4 major aspects of security with high confidence in lesser cost. While in traditional technology you have to invest a lot to achieve these below 4 aspects of security.:
- Nov 10
- < 1 min read
What is The Use Case Large Businesses for Inter-Business Setup?
Let’s say now SBI Bank has implemented our solution in-house to save time & money avoiding redundancy in KYC within the Bank. SBI will follow the same flow as Kotak has followed in case 1. In addition to that SBI might consider tying up with Kotak for KYC and reducing the cost tremendously. How can it be done? Check below steps:
- Nov 10
- < 1 min read
What is a use case for Large Businesses with Intra-Businesses setup?
Let’s say, for example, Kotak Bank has implemented our solution in-house to save time & money avoiding redundancy in KYC within the Bank. Below steps will result in saving cost & time through Intra-Bank KYC Blockchain model.Let’s say Kotak Bank has implemented our solution in-house to save time & money avoiding redundancy in KYC within the Bank. Below steps will result in saving cost & time through Intra-Bank KYC Blockchain model.
- Nov 10
- 2 mins read
How can financial institutions use RecordsKeeper Blockchain ?
Using the blockchain technology, banks can effortlessly deploy an intra-bank application within the same banking group. For example, if a savings account customer wishes to avail credit card services from the same bank, the card division can look up the ledger using the unique reference number and easily ascertain the customer’s KYC status.
- Nov 10
- 2 mins read
What is the Use Case of RecordsKeeper for Government Regulations ?
Use Case : Government Regulation Polices over RecordsKeeper Blockchain Identification documents or licenses verification is a tedious but mandatory job for all citizens. These documents can easily be faked, which has a direct impact…
- Nov 10
- < 1 min read
How RecordsKeeper is aligned with Records Management Regulations ?
Because this is a document storage in blockchain where documents are stored in electronic form & are verified by using the SHA256 digest algorithm, it is compliant with the existing regulations around KYC (By SWIFT & RBI in India). The only difference is that we are storing docs in Private Blockchain immutably & securely in a distributed manner. Rather than storing them in Traditional (MySQL/Oracle) DBs, which are mutable, has central storage as well as control hence making them less secure.
- Nov 10
- < 1 min read
How Blockchain-based storages are better than traditional Cloud Storage?
Decentralization, Immutability & Security is the answer for your confusion. These things are very hard (almost impossible) & expensive to achieve in the tradition technologies like Dropbox, Google Drive etc.. Encryption & high availability are the add-on benefits in RecordsKeeper which is optionally available in traditional technologies at the high cost. But in RecordsKeeper these things are available at low cost with high confidence due to Blockchain. Blockchain also makes the whole system immune to hacker & human error (due to decentralization).
- Nov 10
- 2 mins read
What is Supply Chain & How Can RecordsKeeper Can Help?
According to Wikipedia, Know your customer (KYC) is the process of a business, identifying and verifying the identity of its clients. The term is also used to refer to the bank regulation which governs these activities. RecordsKeeper can be used to do the KYC with just one-click. In RecordsKeeper users has to store their documents once immutably & those incorruptible & undeletable documents can be used to get the KYC done as many time as the user wants once they KYC is done with at least one service provider.
- Nov 10
- 3 mins read
How does RecordsKeeper work?
RecordsKeeper allows you to store documents in any format into the Blockchain immutably. This helps in many the way because the receiver can be 100% sure that document shared with them are not bein tempered or modified post sharing. Also, the sharing is being recorded as a transaction into the blockchain leaving no way the sharer can revoke the access. This comes pretty handy when you use your documents for the KYC.
- Nov 06
- 3 mins read
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RecordsKeeper Token Distribution Cancellation Announcement
- November 16, 2018
- 2 mins read
Finding work in Blockchain Space
- October 10, 2018
- 3 mins read
Digital Identity Platform on RecordsKeeper
- October 1, 2018
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How RecordsKeeper Blockchain Can Prove to be a Boon for the Telecom Industry?
- September 27, 2018
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