Exist has been in business for over 16 years. We provide technology consulting and enterprise software development to our clients globally. We have successfully implemented Big Data solutions for the largest bank and the largest telecommunications company in the Philippines. We also have software solutions for Retail and Healthcare business. As well as a Mobile Banking solution.
Other than our Healthcare and Retail solution and providing Big Data Roadmap for various companies, we have also provided software solutions for various Philippine Government agency that enables them to facilitate and regulate importing and exporting of various good or products.
Last year, I talked about the benefits of Big Data for Digital Transformation. Today I will give a quick overview about Blockchain and several business usage of the technology.
Blockchain in technical terms is a distributed database and peer-to-peer network that stores a registry of transaction.
Blockchain essentially allows for a certain valuable asset, money for example, to be tracked thru an Open Ledger that is stored across different locations making it transparent and highly secured.
Today, Blockchain is more commonly known to be the underlying technology for Bitcoin. It is also highly used in the financial sector for cross border remittance.
However, Blockchain can go beyond than Bitcoin or Financial applications.
If can be used for Asset and Supply Chain Management in Manufacturing and in Retail to keep track of goods or products and faster settlement period across vendors.
The same concept can also be applied to Logistics in order to track shipment more accurately and for faster delivery of goods.
These are the commonly used technologies in building a Blockchain application that we are also using in Exist.
To know more about Blockchain and Exist please drop by Booth 15. Or visit our website.