Posts Tagged: Blockchain
Understanding of Bitcoin & Blockchain
One calls Blockchain as a blockchain because you have millions or billions of blocks forming a chain of blocks connected using the signature (Digest) of the previous block. Each block is a record of one or more transactions that took place between two people or computers.
- Nov 30
- 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
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
What is RecordsKeeper?
It is a Consensus-based distributed database (registry of documents) for Businesses as well as Individuals with high availability & security. It is built on Blockchain, the tech which powers Bitcoins & other cryptocurrencies. You can also call it peer-to-peer, Structured Document Vault which has high security. Businesses or Individuals struggle a lot in digitizing & managing their own or customers records by investing a lot of money, time & resources.
- Nov 06
- 2 mins read
What is a Blockchain?
Blockchain is a distributed list of public or private ledger recorded in the blocks. It is a foundational technology of most of the cryptocurrencies on the Internet. Most famous among all is Bitcoin. You can virtually imagine it as a long list of memory blocks connected to each other sequentially in a very very knit manner. Where these blocks are stored redundantly in multiple computers spread all over the world making it highly available & fast.
- Nov 06
- < 1 min 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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