Proposed setup of Smart Contract with Blockchain platform to resolve many of the critical issues like data storage and security, transactions processing and intermediaries, supply chains, intellectual property, Govt Operations etc ..
- Solve accountability issues in Traditional Contracts by using its secure and sophisticated distributed ledger and smart contracts.
- Introduce faster transparent payment gateways
- Solve cost part of Supply chain management with transparency with real view of the transactions. A well-optimized supply chain ensures maximum productivity with reduced fraudulent activity and overhead costs.
- Solve Digital copyright and Piracy issues by implementing decentralized copyright, piracy tracking and validations.