About

Private Blockchain Ecosystems for Business

Speedchain has developed a proprietary private blockchain ecosystem platform for ecommerce and data management. The platform combines tokens, enhanced security and notably a proprietary reconciliation smart contract and side chain architecture.

What does it provide?

  • Data Integrity
  • Ease of commerce
  • Transaction speed
  • Data Transparency
  • Cost reduction
  • Operational efficiency
  • AI and machine learning

Who benefits?

The private ecosystem has significant benefits for high impact retail chains and remittance providers, healthcare systems, government and large-scale project driven enterprise. The reconciliation functions create a Short Cycle Operating and Settlement System (SCOSS) that significantly lowers the time and effort to clear, secure and reconcile a wide variety of data driven functions.

How does it work?

A private ecosystem operates utilizing key technology components that approve issuance and transactions. These transactions are governed by parameters set within smart contracts that specify commerce and ownership data.