Use Cases

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Simplifying large-scale contract management by providing intensive tracking and reporting of manual labor, equipment, and machinery with the STRATO blockchain platform.

Seismic entitlement processes are complex, challenging to keep compliant, and costly to maintain. STRATO addresses these challenges by recording all transactions in an immutable manner with no single point of failure. This provides greater transparency and traceability for oil & gas companies, service providers, resource holders, and government entities, while enhancing the security of asset transactions, since no single entity has central access to records of all transactions.

The STRATO Document Manager empowers businesses to share documents, track its versions, and verify the authenticity of each version in real-time. A tamper-proof record of all these events and more is stored on a STRATO blockchain ledger and managed using cutting-edge Private Chains.

Track & Trace is a flexible asset tracking application built by BlockApps. Track & Trace makes it easy for all parties of a supply chain to view asset provenance and status in real time – greatly improving both operational efficiency and reporting capabilities.

Syndicated loan transactions continue to be challenged with data silos, manual processes, and many intermediaries which slows down the process and adds unnecessary costs.

Home loans and mortgages are based on a complicated value chain with a growing number of parties, and an increasing wait time between submitting an application and reaching settlement.

Global payments revenue is largely based on transaction-based revenues, which are burdened by exorbitant transaction fees, intermediaries, and the interference of financial institutions.

Regulatory bodies tend to be siloed and part of a complex value chain responsible for a prolific amount of work. These conditions inherently create opacity and inefficiency, with a dangerous ripple effect.

KYC processes are labor-intensive, often manual, and prone to error and fraud, both of which cost banks colossal sums. Additionally, the lack of standardisation across systems creates a huge amount of duplication.

Mobile ticketing is the most popular purchasing method for sports and entertainment events, with customers spending over $10.6 million per year. However there is a growing problem of counterfeit and fraudulent secondary-market ticket sales on unknowing consumers.

By building a distributed ledger of verified data, airlines, agents, and other industry players gain greater visibility to secure data like ticket information, loyalty services, aircraft maintenance records, and payment/settlement records.