HashCash extends its operations across Europe, offering cutting-edge blockchain integration across a liquor manufacturer's supply chain operations in Ireland.
PALO ALTO, Calif., Aug. 8, 2022 /PRNewswire-PRWeb/ -- HashCash continues to make its presence felt across Europe. The US-based company joined forces with one of the top whiskey manufacturers in Ireland, where the former will be providing blockchain-powered supply chain solutions to optimize its existing operations.
The third-largest island in Europe is equally famous for its scenic landscapes and the distillery industries. The drinks and hospitality sector contributes significantly to Ireland's economy with exports surpassing EUR 1.25 billion and providing support to more than twelve thousand farm families.
HashCash CEO and blockchain pioneer Raj Chowdhury states, "Decision-making is essential in supply chain operations, and requires updated information on the entire operation procedure. Blockchain offers real-time visibility and traceability, enabling efficient tracking of products and operations."
Blockchain architecture makes use of a distributed ledger mechanism. The ledger records transactions after acquiring a majority consensus from all network members(nodes). Transaction records updated in the register are permanent or immutable. They are also visible across the entire network, as each copy of the ledger feature the updated information.
"The versatility of blockchain technology can be attributed to its simultaneous offerings of data validation and data access while eliminating intermediaries from the process. Also, having a decentralized mechanism, the platform offers better security," quoted Chowdhury, who had previously explained the transformation blockchain brings in patent claims database management.
HashCash Consultants has been setting trends in the global tech landscape, winning top honors in blockchain development, and deploying products across 6 continents. In addition to offering discounts on its white label products, the company has provided blockchain expertise for supply chains across other sectors including pharmaceuticals, diamond mining, digital media, and more. Recently, HashCash announced plans to expand across the Middle East and India.
The global adoption of blockchain across multiple industries is a testament to its utility and the huge potential it presents. Businesses seeking a transformation into the digital age can leverage business growth and optimization opportunities from blockchain technology.
- About HashCash Consultant:
Hashcash is a global software company. HashCash Blockchain products enable enterprises to move assets and settle payments across borders in real-time for Remittances, Trade Finance, Payment Processing, and more. HashCash runs a US-based digital asset exchange, PayBito & digital asset payment processor, BillBitcoins. HashCash offers exchange and payment processor software solutions, ICO services, and customized use cases. HashCash propels advancement in technology through Blockchain1o1 programs and its investment arm, Satoshi Angels. HashCash offers solutions in AI, Big Data, and IoT through its platforms, products & services. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients around the world.
COLEEN F, Hashcash Digest, +14159662907, [email protected]
SOURCE Hashcash Digest