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Blockchain, in essence, is a shared database that keeps a permanent record of digital transactions. 

Blockchain is gaining significant attention across many domains and more specifically in Financial Services, Healthcare, Media, and Logistics. The two leading Blockchain platforms Ethereum and Hyperledger Fabric, technology tools previously used exclusively by experimenting startups, have now matured enough for use by Enterprises.

What’s in it for you?

Some of the key industry segments that are being revolutionized through Blockchain initiatives are:

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Banking

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Financial Services

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Healthcare

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Government & Utilities

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Media

Sample Use Cases

These are a few of the industries with needs that can be met through a Blockchain-based approach. A few of the key benefits that they could realize are increased customer loyalty, lower maintenance costs, increased accuracy, and the creation of new avenues of revenue opportunity.

Banking

Payments

  • Inter bank settlements
  • Intra bank settlements
  • Cross border settlements
  • Consumer to consumer payments and settlements

Clearing and Settlemen

  • Post trade clearing and settlement

Identity

  • KYC (Know your customer)

Financial Services

Investment Management

  • Document Management
  • Trading and Settlement (Transfer of Ownership & Settlements)
  • Investor Communication
  • Regulatory Reporting

Loans

  • Syndicated Loans

Mortgage

  • Wholesale Mortgage, Mortgage Lifecycle Management starting from application to loan delivery.

Insurance

Business Insurance

  • Cross Border Policy Implementations

General Insurance

  • Record Keeping and Identity Verification
  • 3rd Party Integration Applications

Travel Insurance

  • Decentralized Insurance Platform

With a deep heritage of building commercial products for software vendors, OFS has the insight and experience to create impactful software for any business.

OFS is proud to be a certified Heroku/Salesforce partner, which empowers us to deliver exceptional applications that drive companies forward on their digital transformation journeys.

Address

3025 Windward Plaza
Suite 525
Alpharetta, GA 30005, USA

Contacts

Email: contactus@objectfrontier.com
Phone: (470) 210-3330