Financial Technology
With Playbet.io, users can bypass the high costs and delays of traditional payment systems by leveraging faster, more efficient blockchain technology for sending, receiving, and verifying funds globally.
Decentralized blockchain-based transactions allow near-instant processing as they do not rely on third parties to verify and payment. Interactions are also safer due to a cryptographically secure end-to-end payment flow and a trustless (not reliant on intermediaries) verification network.
- Streamline payments processing with high efficiency, fast and secure transactions
- Automate KYC processing with intuitive smart contracts and immutable history
- Readily exchange global currencies with a highly liquid marketplace
Healthcare
Counterfeiting is a significant problem within the pharmaceutical industry.
Each transaction added on the blockchain will create a block, and it’s immutable and timestamped, making it easier to track a product and make sure the information is impossible to alter.
- Increase transparency and trust within all stakeholders
- Provide absolute verification of the ownership and supplier
- Eliminate intermediaries and counterfeiting with decentralisation
E-commerce
High costs for merchants and platforms such as pay-per-click advertising, platform operation costs, transaction commissions and website operation & management create a high barrier to entry.
Smart contracts simplify transaction processes without the need for third-party payment platforms to process orders. A decentralised trading platform will also provide direct trading between buyers and sellers.
- Reduce platform management costs and improving overall platform transaction security and transparency
- Shorten the trading time and improve transaction efficiency
- Create interoperable and mutually beneficial loyalty programs for customers
Manufacture
Limited access to information about the location and condition of products is still the most significant difficulty in manufacturing.
Blockchain offers a shared ledger that is updated and validated in real-time with each stakeholder.
- Provide equal visibility of activities of where an asset is at any point in time, who owns it and its condition
- Reduce or eliminate ledger fraud and errors
- Reduce delays from manual paperwork and logistical processes