Blockchain

The concept of a distributed ledger system provides a new way to strengthen the security, integrity and transparency of digital transactions, without the cost and complexity that comes with a third-party service

Trust is essential to digital transactions.

If organizations cannot be confident in the integrity and security of information or services available online—if they cannot be confident that a transaction has not been altered in any way or intercepted by unauthorized parties—the use of digital transactions necessarily will be limited, because the risk is too great. In the past, efforts to address these issues often have involved the use of third-parties, which added to the complexity and the cost of digital services. Blockchain is a game-changer. This distributed public ledger system provides a means for improving both the security and transparency of digital transactions—and does so in a way that can be scaled up without driving up complexity or overhead costs.

Our Solution Areas

Through its Centers of Excellence, Zolon Tech is actively engaged in bringing blockchain to bear on key solution areas. Those solutions include:

Identity management

Blockchain simplifies the process of authenticating digital identities for online transactions—and it provides end-users with more granular control over the information that is shared in those transactions.

Grants management

Blockchain not only improves the security and integrity of the grant application and authorization process, it also enables agencies to streamline that process through automation.

Open data initiatives

Blockchain fosters greater sharing among communities of interest by providing an elegant solution to addressing questions of trust and data security that does not require a central system or administrator.

The Zolon Tech Advantage

At Zolon Tech, we understand that the digital ecosystem requires a trusted infrastructure. Without it, the benefits of online transactions—above all, the ability to create more cost-effective models to deliver information and services—will be constrained by concerns about the security, integrity, and transparency of those interactions. We believe that blockchain could be the foundation for that trusted infrastructure, and we are committed to helping our customers build on that foundation. This is what we bring to our work:

Investment. Blockchain is one of six critical initiatives in our Centers of Excellence, which develop innovative solutions for our customers.

Expertise. Zolon Tech has certified blockchain experts who can work with customers to create strategic roadmaps for blockchain adoption.

Experience. We have developed proven solutions, such as Smart Contracts, that can be leveraged in a wide array of applications.

Automation. Our reliance on automation reduces the risk of error, reduces costs, and improves the overall quality of the code.

Spotlight

Smart Contracts

“Federal agencies are eager to better evaluate and adopt distributed ledger technologies (like blockchain) that use encryption and coding to improve transparency, efficiency and trust in information sharing.”

Source: General Services Administration 

One of the most promising applications of blockchain technology is the concept of smart contracts. In short, a smart contract is a self-executing program that automatically fulfills a request—e.g., carries out a transaction—if certain conditions are met. Thanks to blockchain, smart contracts make it possible to incorporate the power of physical contracts into the online world—and with more efficiency and transparency. 

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