Inspira's Blockchain Offerings

Benefits

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  Disintermediation & trustless exchange – Two parties can make an exchange without the intermediation of a third party, thus reducing counterparty risk.
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  Empowered users – Users have control on the information and transactions.
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  High quality data – Blockchain data is complete, consistent, timely and accurate.
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  Durability, reliability, and longevity – Due to the distributed networks, blockchain does not have a central point of failure and is able to tolerate malicious attacks. All the transactions made are authorized by miners and prevented from the threat of hacking.
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  Process integrity – Users can trust that transactions will be executed as per the protocol, thus removing the need for a trusted third party.
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  Transparency and immutability – Changes to public blockchains are viewable by all the parties creating transparency and transactions cannot be altered or deleted.
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  Ecosystem simplification – All transactions are added to a single public ledger, thus reducing the complications of multiple ledgers.
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  Faster transactions – Interbank transactions take days for clearing and final settlement, especially outside the working hours. Blockchain transactions can reduce transaction times to minutes and are processed 24/7.
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  Lower transaction costs – Blockchains are less costly due to low transaction fees, elimination of third-party intermediaries and overhead costs for exchanging assets.