Creation of Decentralized Networks Based on Blockchain Technology

Keeping pace with the times, XDSOFT is establishing a new focus on creating decentralized autonomous systems built on Hyperledger and Ethereum platforms, utilizing smart contracts and data encryption mechanisms in private networks.

The company is actively working on developing blockchain solutions across various application areas.

Blockchain Technologies Are Successfully Applied In:

Financial Sector:

• Cryptocurrency
• Payment processing and transfers
• Lending
• Insurance
• Insurance registries
• Assets (automobiles, real estate, etc.)
• Life insurance
• Business transactions
• Travel

Government Sector:

• Budget and credit fund expenditures
• Pension savings
• Voting systems
• Document registration (passports, driver's licenses)
• Permits
• Personalized tax systems
• Registries

Trade:

• Smart contracts and supplier relationships
• Logistics
• Buying/selling and asset exchange
• Loyalty systems and bonus programs
• Maintenance and reimbursement services

Identification, Recognition, and Security:

• Registration (participants, devices)
• Authentication and access control
• Video, photo, and audio recognition
• Internet of Things (IoT)
• Smart homes
• Smart transport (cars, drones, robots)

Healthcare:

• Patient medical history and electronic health records
• Doctor appointments
• Decentralized business processes within companies

Benefits of Blockchain Solutions for Companies:

• Establishing completely trustworthy systems
• Ensuring guaranteed immutability and verifiability of data
• Reducing operational costs
• Minimizing infrastructure and information security costs
• Eliminating intermediaries
• Providing the highest level of service availability
• Ensuring impeccable reliability and fault tolerance in computations
• Enhancing reputation

XDSOFT has created a prototype of the "Deposit Insurance" system, which can be explored in more detail in the Prototype section.