The world of finance, banking, forex, academia, health care and any other institution, organization or authority, dealing with the exchange of valuable data, credentials, certifications, transfer of money or asset face significant problems of fraud, lost and/or modified data. Usually, the various terms and conditions - that are constantly reviewed and changed over time - are signed by the involved parties in the form of agreements or contracts. Such paper-based contracts not only affect the trust between the associated parties they also result in expensive and time-consuming issuance, verification, recovery of lost or modified data, while many times this is impossible.
Blockchain is already impacting different industries and sectors in a large scale, from Health Care to Voting. Other businesses are already searching on how to adopt it. Decentralization is the key element to blockchain technology that differentiates itself from other platforms and business strategies. ZEBRA offers blockchain technology services providing an all-in-one-solution for the above challenges. A solution where Smart contracts can be customized built, tested and be responsive to specific customers’ needs to execute their agreements or transactions.
ZEBRA Smart Contracts are built using the latest technology tools such as Hyperledger, GETH, Truffle, Solidity and XML which are running on the leading open source and most reliable operating system, the Red Hat Enterprise Linux. These Smart Contracts respond to specific client needs as it is fully customized and thus, the end product is built exactly according to the client’s requirements. The customised Smart Contracts will collaborate with the client’s chain of blocks and the client’s DAPP in order to achieve their goal. Using open source technology tools helps to tie together the creative and technical aspects of the blockchain, including data storage, precision, safety and efficiency.
Transforming traditional contracts to smart contracts means:
- Identification of new business opportunities
- Satisfaction of new requirements
- Increased competitiveness
- Compliance with industry’s open standards
- Expansion of network and business
- Conflict-free execution process
- Minimization of costs and saving of time