As a decision maker you may have heard about our blockchain project
More and more companies are collaborating in business networks to streamline shared business process such as managing data, tracking transactions, and tracing real-world goods.
Why not digging deeper and building an open software standard for partners including common sales and marketing while staying economically independ.
But maybe you’re asking, “Why not just use a shared database?
The reason why not is the “who” problem — the problem of network governance. In a distributed database that’s shared across multiple organizations, governance boils down to four main questions:
Who actually owns the data?
Who enforces that the data hasn’t been tampered with?
Who in the business network has the authority to change or delete data?
Who creates and runs the application layer that allows all parties to validate the latest transactions?
A blockchain solves the “who” problem by establishing a shared network in which all participants agree on ownership and involvement. Members of a blockchain network host it jointly and equally in a decentralized fashion.
The practical question of all our partners is, what are the actual business benefits and revenue opportunities of enterprise blockchain solutions, and enterprise Crays specifically?
Easy answer. Stay indpendent, safe costs, increase revenue and use modern technology. There is no single disadvantage while using the Crays brand and network.