Advantages of Distributed Ledgers

Increased Transparency

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Unlocking New Revenue Streams with BIP's Blockchain Technology

Seamless Integration for Enhanced Digital Security

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Increased Transparency

Distributed ledgers are inherently resistant to malicious changes by a single party or cyber attacks. The distributed files prevent a single simultaneous attack from succeeding, therefore the difficulty of manipulation and attack on distributed ledgers allows for extensive transparency.

Use of distributed ledger technology:

How does it work?

Multiple nodes process and verify with complete agreement each piece of information which creates an Immutable record of the information.

Who uses DLT?

Distributed ledger technology (DLT) is revolutionizing the way corporations, governments and institutions conduct operations using information immutably preserved.

Emerging DLT areas

Includes finance (VDR), art and antiquities, supply chain depth of vision, asset management, precious metals, and natural resources.

How does BIP use DLT?

Each person, or organization, writing to the distributed ledger has a unique identity. Every piece of data that goes on the distributed ledger has a unique identifier which is called a cryptographic hash.

Finance
Supply chain
Various commodities

Music and entertainment
Diamonds and precious assets
Artwork

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