A new business networking tool for the crypto-community, blockchain-based Ties.Network presents a professional networking platform that allows developers, consultants, entrepreneurs, and other professionals and corporations to find business partners, offer services, close deals, hire staff members, advertise services, and finance projects. Ties.Network combines the versatility of an industry-grade networking platform with advanced technology that provides high security and anonymity in business transactions. It can be utilized for public and private sectors and across industries to serve a wide range of potential customers and fields of implementation.

Ties.Network solves the trust issue among crypto-community users, who do not know each other, by providing a safe environment following decentralized economy principles. In addition to being secure by design through the use of blockchain technology and smart contracts, the network also adopts “genuine rating” system, in which only those who had performed business transactions can publish their reviews. The reviews are resistant to tampering and deletion.

Ties.Network utilizes a public decentralized distributed NoSQL database Ties.DB, which is impervious to data compromise and supports replication and sharding. It also provides data modification and deletion, full-text search, and support for secondary indices features, which are usually only available on private NoSQL databases.

Overall, Ties.Network offers the following key advantages, which are tremendously useful in ensuring the success of business transactions:

Decentralization

Stability

Optional anonymity

Privacy

Data storage

Scalability

Open-source

Democracy

Profitability

Speed

Expansion possibilities

Across the following sectors and industries, Ties.Network can be used to serve a wide range of potential customers and uses. However, these are merely examples of use cases. As Ties.Network platform becomes more popular, its platform and smart contracts can be utilized in a variety of additional scenarios.

1. Financial Services

The platform securely manages trade clearing and settlement workflows between parties, calculates settlement accounts, and automatic transfers of funds. In addition, it provides a system for bond coupon payments to be automatically calculated in order to pay bond interest payments and return principal upon maturity. In insurance claim processing, the platform provides an environment for clerical workflows and payout calculations based on claim types and policies.

2. Health Care

The platform provides an environment for electronic medical records to be securely archived and accessed based on signature approvals between patients and health providers. Selected researchers can locate PHI (Personal Health Information) from record owners who participate in making their information available. Medical record owners can also grant access to chosen health care providers.

3. Other Industries

In P2P transactions, the smart contracts are designed to allow negotiations to occur between individuals and organizations. In the event of a dispute, expert mediators have been trained to remedy the situation. The immutable feature of blockchain technology also allows transfers and custody of products to be recorded permanently for originality.

4. Technology and Media Use

The immutable nature of blockchain technology and the use of smart contracts eliminates music and media piracy and guarantees the payment of royalties. It also provides security to valuable works of art in museums, galleries, and private collections with its clear title ownership.

5. Charities and Nonprofit Organizations

The platform allows charities and nonprofit organizations to initiate and record pledges and donations without involving paid employees that would add to operational costs. Moreover, they can provide follow-up information with automated updates.

Overall, Ties.Network provides revolutionary solutions to data storage and management, which will change how business is done. In the past, most transactions, trials, and research were performed in private networks, which limited the scope of applications. With a public NoSQL database, Ties.Network provides independent services to the public with security, convenience, cost efficiency, and transparency.

Website & BitcoinTalk:

https://ties.network

https://bitcointalk.org/index.php?topic=2071592

Follow us:

https://blog.ties.network

https://twitter.com/tiesnetwork

https://reddit.com/r/tiesnetwork

https://facebook.com/tiesdb

Communication:

https://t.me/tiesnetwork

https://slack.ties.network

Questions:

info@ties.network