USA Blockchain Enabled Record Issuing Platform Market- Robust innovation in the space of digital records/certificate issuance will provide a unified solution for the disintegrated identification & credential management system: Ken Research

GURUGRAM, India, June 7, 2021 /PRNewswire/ —

USA News

  • WeInvest Capital Partners has selected Tokeny Solutions to tokenize the first real estate fund in Luxembourg. Tokeny Solutions will provide the end-to-end digital services needed for the compliant on boarding and management of investors.

  • Data Gumbo, the trusted industrial blockchain network, has partnered with the Texas Alliance of Energy Producers (the Alliance), the largest statewide association in the country serving independent energy producers across the USA.

  • UK data analytics company GeoSpock has raised USD 5.4 million in additional funding to accelerate the development and adoption of its database technology.

  • iQSTEL announces Phase 1 Smart Contract Development for its blockchain based settlement and payment marketplace platform on track for Q1 2021

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Blockchain aiding in the new Paradigm Shift

Blockchain’s influence will affect all aspects of our life in the coming years, including how we work, purchase goods, record data, travel, do business & everything. Simply put, blockchain involves recording information in a way that creates trust in the data recorded at no extra cost. Blockchain is proof that you own something in a immutable digital format, whether it is a Bitcoin or your personal health records or any intellectual or physical property. Blockchain proves you are the owner of whatever digital information you have on the distributed, decentralized public ledger & any malicious attempt to change or temper that information can be stopped or monitored.

Blockchain for Tamperproof & Integrity driven documents

The technology of blockchain helps in embedding authentication into the document itself and using a closed loop tracking system to protect against tampering or modification without the knowledge of the issuing party so that the information can be misused or used for illegal purposes. It adds a layer of code called a block to the process, which is a sequence of unique letters and numbers protected by a highly secure form of encryption called public key. The use of public key encryption is important because it enables the owner of the information to control it without giving up any other information & a decentralized system of record keeping can be enabled.

Movement towards eco friendly & paper less world of records management

Forward-thinking organizations across every industry/sector are looking to use blockchain technology to combat fraud, mitigate risk and relieve administrative burdens associated with exchanging information and content; in addition, it also helps in providing digital prints of records & certificates while reducing redundant costs & a need to issue physical certificates. This furthermore helps in reducing dependence on paper as a primary raw material for issuing records & helps in providing a sustainable source of data management & issuance.

Analysts at Ken Research in their latest publication USA Blockchain Enabled Record Issuing Platform Market observed that the there is a vast opportunity to disrupt the traditional record Issuing space. The report discuss the creation & feasibility study of a blockchain enabled records/certificate issuing platform which can utilize the immutable nature of the blockchain technology to securely issue records & certificates. The platform could be a real disruptor in the traditional field as it eliminates various costs like printing, admin, logistics & more. The report further discusses use case scenarios in public & private sector, competition analysis of current players in the industry & end user perception via survey analysis.

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For More Information on the research report, refer to below link:-

USA Blockchain Enabled Record Issuing Platform Market

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