Embrace innovative blockchain solutions to enhance your business platforms today. You’ll benefit from frameworks which are secure, efficient, transparent, accurate, decentralised and up-to-date with new technologies.
Get in touchLower transaction fees and processing costs by eliminating third-party intermediaries and increasing automation.
Enjoy faster transaction processing and enable new business models while eliminate counterparty risk.
Benefit from a highly secure audit trail, verify and track information easier.
Blockchain and DLT are sometimes used interchangeably, even though they’re not the same thing. Although blockchain has been infiltrating the headlines due to the success of Bitcoin and other cryptocurrencies, DLT hasn’t received so much limelight as yet.
A distributed ledger is a shared database with no central reference point and which allows transactions to be processed and authenticated without any need for an authoritative third party. Blockchain is just one type of distributed ledger, which consists of a sequence of blocks connected through cryptography. On the other hand, DLT doesn’t require a chain of transactions or a data structure as it’s simply a database. So while all blockchains are distributed ledgers, not all distributed ledgers are blockchains.
PTL can deliver secure decentralised solutions and integrate blockchain-based models into existing software systems. The technologies we provide are suitable for a range of domains, other than cryptocurrency. Financial and healthcare institutions, real estate companies, supply chains and many more industries can benefit from distributed ledger technologies. Our certified experts are constantly exploring options, generating prototypes and developing distinct blockchain solutions for a range of domains in an endeavour to offer more security, integrity, immutability and compliance, together with the option to record actions and monitor all data and assets.
Moreover, we also offer Smart Contracts development. Smart contracts will facilitate business processes by allowing automated transactions. Each transaction, regardless of how simple or complex it may be, can be automated through smart contract software which is implemented in systems having a distributed ledger technology. Since no third-party intervention is required, all business processes will be digitalised, with all transactions being traceable and immutable.
Would you like to find out more about Blockchain & DLT Solutions?
Get in touchAt PTL we use two main platforms to help clients build blockchain applications and solve their business issues:
Benefit from Blockchain or other types of Distributed Ledger Technologies
Transparency
Data stored within a DLT network is immutable, accessible and updated in real time, therefore allowing authorised users visibility to all transactions.
Security
Implementing a distributed network into an ecosystem has innate structural security benefits. Centralised networks create a single point of failure, whilst in a distributed network there is no reliance on a core /central system. Any malicious attempts to alter or attack a distributed database would require penetration of a majority of connected nodes, out of potentially thousands, making it virtually impossible to hack.
Immutability
Changes to the ledger that have been successfully authenticated cannot be deleted or modified: this ensures the accuracy and security of the records. This valuable aspect of DLT is of particular benefit to solutions that concern financial transactions or involve multiple parties along the supply chain.
