Government
Industry Development Loan
Using a blockchain network, place and offer loans with their interest rates and information. Participants can view all the information regarding the loan and bid. Blockchain allows security with the assets, and immutability regarding the information for a safe audit, verification, and visibility with lenders and investors.
Distributed Project Ledger
Currently, there is a lack of transparency and trust in the system. The Prime contractor’s visibility of any project is limited to the data shared by the subcontractors. Project owners cannot access the project status accurately, which bottlenecks decisions. Using blockchain to connect all parties, information is accurate and secured. Smart contracts create a seamless execution and the actions cannot be changed once they are written on the blockchain. Hence, allowing efficient auditability making it governance friendly.
Government
Industry Development Loan
Using a blockchain network, place and offer loans with their interest rates and information. Participants can view all the information regarding the loan and bid. Blockchain allows security with the assets, and immutability regarding the information for a safe audit, verification, and visibility with lenders and investors.
Distributed Project Ledger
Currently, there is a lack of transparency and trust in the system. The Prime contractor’s visibility of any project is limited to the data shared by the subcontractors. Project owners cannot access the project status accurately, which bottlenecks decisions. Using blockchain to connect all parties, information is accurate and secured. Smart contracts create a seamless execution and the actions cannot be changed once they are written on the blockchain. Hence, allowing efficient auditability making it governance friendly.
