TraDove B2B Blockchain Payment Solution MVP Release Update & Demonstration Video
Introducing TraDove’s B2B Blockchain Payment Solution Prototype
TraDove is proud to debut the latest version of our B2B Blockchain Payment Solution. This blockchain project began development last year and the Alpha Version was first publicly displayed at the Blockchain Expo North America 2018. This most recent tech demo highlights a number of new developments and improvements that have been added on the way to debuting the TraDove B2B Blockchain Payment Solution MVP.
Function of the B2B Blockchain Payment Solution
Embracing and building upon the secure, verified business partnerships made in TraDove’s Business Network, TraDove takes that trust one step further with blockchain identity management. In order to provide the best experience for their B2B transactions, we are implementing a first-of-its-kind mobile blockchain dedicated solely to B2B professionals.
Why do businesses need a dedicated B2B blockchain?
Two items — privacy and security — are not guaranteed on a traditional blockchain. The anonymous transactions typical of blockchains are troublesome for businesses, who must know with whom they are conducting trades. And, while widely regarded as secure, a blockchain ledger is node-transparent and therefore publicly accessible. This means a business’ transaction data could potentially even be stored by its competitor.
Businesses using TraDove’s B2B Blockchain Payment Solution are subject to the same identity management and verification as the Business Social Network, ensuring the same level of trust and quality. This extends to cross-border trades, where the identity management ensures that a business not only knows with whom they are trading, but that it is done with the ease and low-cost blockchain permits, even in markets where either the banking system, or even whole economy, might be otherwise questionable.
The Release of TraDove’s Blockchain MVP
Coinciding with the redesign and re-launch of TraDove Business Network, set to release in April, the MVP of the B2B Blockchain Payment Solution will also be launching in early Q2, and is currently scheduled for May 2019.
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Originally published at www.tradove.com.
