- Technology - much more than process efficiency
- Distributed ledger technologies (DLT) and blockchain
Distributed ledger technologies (DLT) and blockchain
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Make fraud history
DLT creates a tamper-proof record of all transactions over time. And with end-to-end encryption, all data is secure while at rest or in transit, eliminating the potential for unauthorised access. You can be assured that those viewing data are entitled to do so, which is a major advancement in fraud prevention.
Redefine transactions costs
With is unique potential to streamline and simplify business processes, DLT can permanently reduce your processing costs. In many cases you can reduce dependence on intermediaries and third parties. Although there are many areas that will continue to use agents, they will not be required to maintain the ledger.
Secure business process automation
With DLT, transactions cannot be amended or deleted. You have a permanent record of every transaction that can be audited at any time by any authorised participant. With its integral immutability, DLT has the potential to help recreate the financial world, making it more accessible, simpler and safer.
DLT will play an increasingly pivotal role in money transfers and trade finance.
DLT and blockchain
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Representative Technology Services Provider
GFT was named as a Representative Technology Services Provider by Gartner in the 2020 Market Guide for Blockchain Consulting and Proof-of-Concept Development Services. Learn more
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GFT has been positioned as a Major Contender in the Everest Group`s Enterprise Blockchain Services PEAK Matrix™ Assessment 2022 and named Star Performer in the current edition. Learn more