Data Protection with Blockchain

Blockchain is a revolutionary technology that deals with peer to peer data connection and gives an open and decentralized network for use. Blockchain system is a distributed network and the ledger holds every single transaction for every user to see. Every single node on the network has a copy of the ledger. This type of approach ensures total decentralization. Beginning with cryptocurrencies like Bitcoin, it has now expanded to a totally new level usable for multiple applications. Industries such as banking, healthcare, insurance, supply chain and telecommunication can increase their efficiency using this new technology.

IP Block

Prometheus IP is delighted to launch blockchain product IP BLOCK offering a unique solution in claiming the ownership of data which is one of the major legal challenges faced by the creative individuals and industries.