Fraud is estimated to cost the telecom industry over USD $38 billion annually. Learn about the different means of telecom fraud and how STRATO can be used to address the core issues behind them.

The value chain of bank’s record management system from origination to destruction, is mired in inefficiency and antiquation, while increasing regulation is placing growing pressure on financial service providers.

Get the details on the smart-contract-driven employee rewards system BlockApps built for this global insurance provider to enhance employee motivation and sales results

Syndicated loan transactions continue to be challenged with data silos, manual processes, and many intermediaries which slows down the process and adds unnecessary costs.

Home loans and mortgages are based on a complicated value chain with a growing number of parties, and an increasing wait time between submitting an application and reaching settlement.

Global payments revenue is largely based on transaction-based revenues, which are burdened by exorbitant transaction fees, intermediaries, and the interference of financial institutions.

Regulatory bodies tend to be siloed and part of a complex value chain responsible for a prolific amount of work. These conditions inherently create opacity and inefficiency, with a dangerous ripple effect.

KYC processes are labor-intensive, often manual, and prone to error and fraud, both of which cost banks colossal sums. Additionally, the lack of standardisation across systems creates a huge amount of duplication.

Mobile ticketing is the most popular purchasing method for sports and entertainment events, with customers spending over $10.6 million per year. However there is a growing problem of counterfeit and fraudulent secondary-market ticket sales on unknowing consumers.

By building a distributed ledger of verified data, airlines, agents, and other industry players gain greater visibility to secure data like ticket information, loyalty services, aircraft maintenance records, and payment/settlement records.

With the decentralized security of blockchain technology, Contract Research Organizations (CRO’s) and pharmaceutical companies can radically improve both the quality and diversity of candidates selected for clinical trials

Learn how BlockApps built a unique blockchain solution to accurately track BHP Billiton’s valuable mining resources across the planet

Lubricant rack supply chain management is based on a complex supply chain with multiple distributors, carriers, and re-packagers, driving unique challenges and inefficiencies.

Fuel rack management is difficult due to several challenges, beginning with the number of buyers and purchasing representatives, and the difficulty of reconciling data across different transactions.