
ThynkBlynk Technologies
Bringing Trust & Circular Validity in Data
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About ThynkBlynk Technologies
In this digital age where organisations are going digital, the world still faces a problem of data fraud and lack of trust in data while doing business transactions either within the organization or with external entities. In the last 2 years organisations globally reported to have lost $42 billion Dollars due to data fraud and at the same time have spent $124 billion Dollars in ensuring data security. The other core problems are the time and cost of doing business transactions.
Therefore, where data-based interactions need instant reliability, a data-interchange ‘DARE’ (“ECOSYSTEM DRIVEN DATA AUTHENTICITY & RELIABILITY EXCHANGE”) is required to ensure all data passing through is reliable and verifiable and that trust in the data is portable. And that is the core problem we in ThynkBlynk are solving.
ThynkBlynk’s creation CHAINTrail .com - An online Data-Interchange - bolted on Blockchain is an ecosystem where it is impossible to misrepresent data, that enables to verify the authenticity always and that enables regulators to participate transparently at a global scale. .
- In summary – we are solving 3 dimensions of the core problem –
- Inter-Party Trust Deficit,
- Time & Cost in Executing Transactions
Powering the Network of Trust.
CHAINTrail platform with the global Trust ecosystem, delivers 4 key outcomes for the industry:
- Lightning Speed in execution of B2B and B2P Interactions
- Unprecedented Cost Reduction per Interaction across industry
- Immense Empowerment for Businesses & People removing dependence for data reliance
Easy deployment of cross-industry workflows/use-cases to scale delivery of measurable value
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