Ebro Development Solutions

Agriculture

Agriculture contributes more than $992 billion to the United States’ GDP, making it one of the most essential industries in the world. With as many as 21.4 million jobs dependent on agriculture’s sustained success, the stakes are high for ensuring that farming remains viable and a competitive marketplace for all. The blockchain represents one of the technologies with the most promise to provide more consistency in wide areas of the agricultural industry. Whether it is applied to managing warehouses, silos, and supply chains more intelligently, or utilized in the field as a tool to transmit real-time data about crops and livestock, there are few aspects of an agricultural operation that wouldn’t benefit in one form or another from blockchain technology.

Banking & Financial Services

The most popular domain of blockchain use is the banking sector because security is of utmost importance for the financial domain. Probably no other sphere that involves as much paperwork as accounting, and it is digitalized relatively slowly. The reason behind that may be in strict regulatory requirements regarding data validity and integrity.

Therefore, accounting is another domain that can be transformed with the power of blockchain technology finance, from simplifying the compliance to streamlining the traditional double-entry bookkeeping.

Instead of keeping separate records based on transaction receipts, companies can write their transactions directly into a joint register, with the entries distributed and cryptographically protected. As a result, the records are more transparent, and any attempts of forging are almost impossible. Think of it as of an “electronic notary” verifying the transactions. In addition, blockchain’s smart contracts can be used to automatically pay invoices.

According to Forbes, blockchain brings the following benefits:

Blockchain records and validates each and every transaction.
Blockchain does not require third-party authorization.
Blockchain is decentralized.

Health Care & Education

The supply chain of medication from production to medical patient can be completely managed on a blockchain. The need to share EHR with PII between multiple parties securely can now be managed on the blockchain. This removes the conflict of legacy systems being able to communicate with other applications and or nodes.

Practice Development

Blockchain is rapidly growing along with the need for developers. Experienced blockchain developers come at a cost. We review the talent within your organization to suggest who would be good fit for your Blockchain practice. We then provide hands on training and build DAPPS to meet real world business needs. We develop a marketing approach that best fits your clientele. Program managers and stakeholders should have a conceptual understanding of blockchain to identify opportunities within your particular market. However, the technology maybe difficult for some to grasp. We hold the hand of these selected staff members to soften the learning curve.