Supply Chain

Global supply chains are inefficient, poorly tracked, and oftentimes exploitative. Paperwork can account for half the cost of container transport and products are often mislabeled.  Enterprise blockchain networks create a shared IT infrastructure which streamlines workflows for stakeholders along the supply chain. The transparency and traceability of blockchains provides accountability of goods and commodities from provenance to point of consumption.

 

 

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Pharma and Healthcare

An industry that manages sensitive data that needs to be treated carefully is the perfect candidate to use blockchain in their data processes. Reduce data silos and improve communication between parties: patients, care providers, hospitals, doctors and pharma companies is how blockchain can improved greatly the healthcare world.
From managing better drugs supply chain to implementing better patient record keeping systems, Vottun protocol can help current data management systems in the healthcare and pharma industry.

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Banking and Finance

Banks and financial services struggle with compliance and have complex processes with multiple stakeholders, inherent inefficiencies and frequent manual errors and delays.

These processes could be significantly simplified by incorporating compliance and smart contracts in the blockchain. The nature of blockchain’s distributed and immutable ledger also simplifies regulatory reporting for firms and regulators. Vottun protocol can help financial services companies to streamline their current compliance processes and take advantage of the blockchain technology. 

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Government

Our complex national and local governments could benefit greatly using private and public blockchain applications to improve their inefficient organizations. The need of relay in high level security and transparent data makes blockchain the obvious future technology to be applied for changing its outdated processes. Vottun protocol could enable government agencies to reduce paper load, document processing time, and duplication errors.

 

 

 

 

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Insurance

The insurance industry rely on complex processes of accreditation and verification. Fraud and lack of trust is part of the day-to-day process of their operation. Blockchain technology can be used to create a single source of truth for the different insurance processes. There are multiple data tracking processes where Vottun protocol can help, for example, using Vottun protocol to access the blockchain, underwriters can source data from external sources to automate some aspects of underwriting, since the data in the blockchain is trustable and is from a verified source.

 

 

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Education

Education is the new gold standard in the global market. The future of work demands that school-age students become college and career ready and adults continuously pursue opportunities to build their skillset repertoire as lifelong learners. The key to economic growth as a performance indicator, requires promoting strategic education, both formal and informal at every level of the economy.  The Knowledge or Learning Economy is based on intellectual capital and Blockchain technology is here and is ready for disrupting educational systems. Find how Vottun protocol is helping educational institutions of all sizes with its blockchain technology.

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Infrastructures & Utilities

Major infrastructures, such as airports, ports, or toll roads manage complex systems of data that requires high security and the ability to be shared in trustworthy way. In the same way, Oil and gas companies suffer from siloed infrastructures and countless issues of transparency, efficiency, and optimization. Solar and wind energy origin certification needs also transparency. 

Blockchain technology will have a positive impact solving these issues.  For example, operators can start tracking consumption of some services and manage this through blockchain tokens. Vottun protocol can help to define how tokens and traceability of data can be managed in the blockchain to allow new economic models to flourish. 

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Media and Entertainment

Fake news, digital piracy and duplication of digital items are issues that the media and entertainment still don´t have solutions for. Blockchain can help with frauds, knockoffs, and intellectual property being pirated. Vottun protocol can track data in the blockchain to assure origin of news and identifying fake news, reduce piracy of intellectual property, protect digital content and enable the distribution of authentic digital media files.

 

 

 

 

 

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Identity

Continuous requirements for identity verification through obsolete on-boarding systems that are constantly breached and hacked. Digital identity theft is a critical issue for society and negatively impacts hundreds of millions of individuals. Blockchain-based digital identity management solutions can provide efficient solutions to solve these issues, from local or specific ecosystems to wide and global systems.

 

 

 

 

 

 

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