CIOApplications
static-image
  • Home
  • Applications
      • Bioinformatics
      • Business Continuity
      • Business Intelligence
      • Chatbot
      • Collaboration
      • Custom Software Development
      • CRM
      • Enterprise Reporting Software
      • GRC
      • Human Resource
      • Indoor Positioning
      • InsurTech
      • Intellectual Property
      • IT Operations Management
      • IT Service Management
      • Low Code Platform
      • Maintenance Management
      • Managed IT Services
      • MarTech
      • Master Data Management
      • Mobile Application
      • Order Management
      • Parking Management
      • Procurement Tech
      • Publishing Software
      • Remote Monitoring
      • RFID
      • Sales Tech
      • SAS
      • Software Testing
      • Task Management
      • Unified Communications
      • Workflow
      • Workplace Management
  • Verticals
      • BioTechnology
      • Construction
      • Contact Center
      • Education
      • Fintech
      • Food and Beverages
      • Government
      • Healthcare
      • Legal
      • Logistics
      • Manufacturing
      • Travel and Hospitality
      • Utilities
  • Technologies
      • Agile
      • API
      • Artificial Intelligence
      • Blockchain
      • CAD/CAM
      • Cloud
      • Cyber Security
      • Data Analytics
      • Data Center
      • Digital Transformation
      • Graphics
      • IoT
      • Machine Learning
      • Machine Vision and Imaging
      • Predictive Analytics
      • Robotic Process Automation
      • Simulation
      • Smart Labelling
  • Eco System
      • Adobe
      • Amazon
      • Esri
      • Google
      • IBM
      • Infor
      • Kubernetes Partner
      • NetSuite
      • Oracle
      • PTC Partners
      • Qlik Partner
      • Salesforce
      • ServiceNow
      • SiteCore
      • VMware
  • Vendors
  • News
  • Newsletter
  • Whitepaper
  • conferences
  • About Us
  • Specials

  • Menu
      • Business Continuity
      • Chatbot
      • Cloud
      • Collaboration
      • Contact Center
      • Esri
      • Human Resource
      • InsurTech
      • IT Service Management
      • Machine Learning
      • Manufacturing
      • Master Data Management
      • Procurement Tech
      • Robotic Process Automation
      • Salesforce
      • ServiceNow
      • Software Testing
  • Contact Center
  • Collaboration
  • Chatbot
  • Esri
  • Human Resource
  • InsurTech
  • Machine Learning
Specials
  • Specials

  • Business Continuity
  • Chatbot
  • Cloud
  • Collaboration
  • Contact Center
  • Esri
  • Human Resource
  • InsurTech
  • IT Service Management
  • Machine Learning
  • Manufacturing
  • Master Data Management
  • Procurement Tech
  • Robotic Process Automation
  • Salesforce
  • ServiceNow
  • Software Testing
×
#

CIO Applications Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

Subscribe

loading

Thank you for Subscribing to CIO Applications Weekly Brief

  • Home
  • Blockchain
  • Top Companies
  • Gospel Technology Limited

Gospel Technology Limited: Selective Data Sharing using Blockchain

Follow Gospel Technology Limited on :

Gospel Technology Limited

With the data revolution dominating modern-day business functions, the security and rigidity of critical corporate data is gaining widespread attention. Growing collaborations are further driving the need to share data and maximize output through crucial findings. Inspired by the dawning data culture and driven by a need to enable companies with securing data, Gospel Technology allows companies to share information without any room for vulnerabilities. It serves companies hindered by their technologies and processes, and creates good business practices with greater accountability.

Private blockchain systems often present a binary state of security which either enables the visibility of all data or no data. In instances when specific data is required authorization, private blockchains provide no more security in comparison to secure sharing tools. Gospel Technologies provides an enterprise data platform that allows companies to fully control and monitor their data on a granular level. This enables companies to collaborate with ease and share their data with superior vigilance while providing access to relevant data. Using the practical Byzantine Fault Tolerance (pBFT) consensus mechanism, a private permissioned blockchain, Gospel builds a flexible mechanism to aid data sharing between companies and their supply chains.

Gospel’s revolutionary innovation will boost economies with a new dynamic of data sharing. Redefining companies’ relationship with their data, this technology will enable companies to share their information with collaborations and not worry about the security of their data and the trust built with the collaborating companies.

The technology is seemingly so simple and robust in its design that many experts wonder why such a concept hadn’t been developed before.

Gospel Technologies provides an enterprise data platform that allows companies to fully control and monitor their data on a granular level

Such an approach allows organizations to save time by preventing manual workarounds. It also eliminates data breaches and prevents errors caused by human errors. Accidental data loss and threats posed by malicious activities are also prevented. All these factors pose a significant threat to financial data, confidential customer information, intellectual property, and other corporate sensitive information. Gospel’s scalability makes it suitable and easy to integrate into organizations while the system remains highly resilient, secure and promote trust in unsure environments.

While companies have historically protected their data with multiple layers of security and restricted them to their silos, the value they gain out of their data libraries would often be restrictive and a fraction of the data’s true potential. These layers are bypassed by employees to ensure better collaborations and thus place the data in a vulnerable position, while also elevating the risk factor associated. Gospel’s platform built on blockchain ledger technology ensures that the data recorded on the private ledgers are not tampered with unless there is an aggregated agreement from other nodes in the system. With enhanced security and selective sharing of data, companies can boost their inter-company communication with ease.

Gospel currently works with a global aviation and defense company that has collaborated with three other firms. Gospel helps these companies overcome their challenges associated with traceability and compliance with its innovative platform. The platform demonstrated its speed and agility by lowering the difficulty associated with tracing and locating parts information stored in disparate internal and external systems, while remaining compliant to border export controls.


Read Also

Institutional Cash Distributors: Flexible, Efficient and Secure Trading

Tory Hazard, CEO, Institutional Cash Distributors

1787fp: Working toward Financial Independence

Jean Jacques Borno, CFP®, Founder & CEO, 1787fp

Advisor Software: Enabling Financial Institutions Revamp Digitally

Andrew Rudd, CEO, Advisor Software

NETSOL Technologies [NASDAQ:NTWK]: How Netsol Technologies Helps Companies Transform Their Asset Financing And Leasing Operations

Douglas Jones, Vice President Operations, NETSOL Technologies

Share this Article:
Tweet
Top 25 Blockchain Technology Solution Companies - 2019
ON THE DECK

Blockchain 2020

Top Vendors

Blockchain 2019

Top Vendors

Previous Next
Tweets by CIOApplications

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2021 CIOApplications. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap  |  Subscribe |  About Us

follow on linkedin follow on twitter follow on rss
This content is copyright protected close

However, if you would like to share the information in this article, you may use the link below:

https://blockchain.cioapplications.com/vendor/gospel-technology-limited-selective-data-sharing-using-blockchain-cid-3207-mid-186.html