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Showing posts with the label Blockchain Solutions

How Blockchain Technology disrupts the online marketplace?

  Digital marketplace organizing millions of transactions and online networking daily are often broken with challenges such as payment delays, trust, and relevant ideas to better reach the target market. There are pitfalls even after various innovative technological advancements moving from offline to online-enabled cross-border networking. the business lacks in various factors like Trust, security lapse, and failed transactions continue to acquire the front row.  Trust 1.Failure to sell if you note a reputed seller 2.No provision to digitally verify the user 3.Maintain customer commitment Security gaps 1.Develop and maintain a secure network 2.Facility to secure a vulnerability management program 3.Implement Robust access control processes 4.Periodically monitor and test networks 5.Maintain a security policy Payment glitches 1.Reducing processing and payment delays 2.Lost transactions 3.Cross-border transactions 4.Multi-currency 5.Diverse payment methods Analyzing pitfalls, industries

How does Blockchain help in the Election process?

    The Voting system is a very crucial part of the Democratic Countries, Every Citizen has the right to choose their governments. Developing countries using old methodologies like voting with paper, but where developed countries are using electronic voting machines to conduct the election. But whereas, Electronic Voting Machines are prone to hackers attack, even it is seen   young-aged hackers sneaked into US electronic voting machines   and exposed their vulnerabilities.     Drawbacks in the traditional voting system   Traditional voting is often subject to gamblings for either corruption if there are paper votes or phishing malpractices if it is an online voting system.     The paper vote election cant is followed in the COVID_19 Outbreak, the electronic voting system is prone to hackings.   The lack of interests the voters don't walk out to pole their votes in the voting booths, and they failed to utilize their rights and duties to choose their government. In Election 2016,   5