About 70% interviewees consider blockchain projects as strategic priorities
and intend to invest more than $ 5 M in 2019*
Current advantages of blockchain over existing systems
(by Deloitte blockchain report 2018)
Greater speed compared to
existing systems
New business models and
revenue sources
Greater security/lower risk
Lower costs
Other
According to Accenture benchmarking report blockchain
technologies in banks give
70% cost
-
savings on reporting and 30% to 50% on compliance
According to DHL Trend Research, blockchain projects in logistics
decrease costs up to 40% due to unlocking greater efficiencies
According to Research and Markets Report blockchain
-
based mobile roaming might save the mobile industry $650 M
annually According to IBM’s study blockchain can save the U.S. healthcare
$ 20 billion annually due to prevention of counterfeit drugs
According to Lufthansa blockchain association research,
blockchain technologies in MRO 10% TAT on
average and decrease flight operational costs at least on 10
http://www.vedanet.io/pdf/VEDA_Public_ENG.pdf
Speed
-
>1.5 thousand transactions per second
-
7 transactions per second
-
20 transactions per second
-
5k transactions per second
-
Limit on the number of transactions depending on the account balance
-
1500 transactions per second
Security
-
VEDA token cannot be forged
-
All tokens are stored only on users ‘devices
-
Hash-the sum of users’ certificates are stored in the blockchain
-
Double protection of VEDA users-tokens from users, transaction information - in the blockchain
-
Bitcoin can provide a very high level of security but only if used correctly
-
Researchers claim to have discovered another 34,200 vulnerable smart contracts in the Ethereum network
-
Multi-level wallet security system
-
There are only 21 privileged accounts that can block the EOS network
-
«We are not an absolute system with absolute protection. We do not meet safety standards based on the history of judicial law»
Smart Contracts
-
VEDA’s Smart contracts are full-featured
-
Template Library smart contracts
-
Profits for programmers – authors of smart contracts
-
The Efficiency of transactions for VEDA users
-
The simplest smart contracts in SCRIPT language, which do not allow to fully describe all the conditions of paper contracts
-
Smart contracts written in the language of SOLIDITY are highly dependent on the qualifications of the programmer.
-
WebAssembly, EVM virtual machine smart contracts
-
Dependence on the qualification of the programmer
-
At the moment they don’t exist
http://www.vedanet.io/pdf/VEDA_WP_1.2.pdf
Team
FINANCE
Financial information