Bikdata Creates Secure Blockchain Solution Providing Transparency in Data

Bikdata Creates Secure Blockchain Solution Providing Transparency in Data

The ongoing digital revolution may lead to a radical departure from the traditional model of monetary exchange. We may see an unbundling of the separate roles of money, creating fiercer competition among specialized currencies. On the other hand, digital currencies associated with large platform ecosystems may lead to a re-bundling of money in which payment services are packaged with an array of data services, encouraging differentiation but discouraging interoperability between platforms. The Bikdata ecosystem is very simple, the plug in connects to legacy systems, takes all the data “live or dormant” per business and monetizes the business on the blockchain via smart contracts on four parallel networks: Ethereum, Cardano, BSC, EOS. In essence, Bikdata has developed a fully encrypted system based on business data while adding a new way of earning for enterprises around the world.

BikData saw an opportunity to disrupt this space when they realized that financials produced by entities around the world are untapped resources. By letting them in a blockchain, they create transparency and redundancy in data. It is imperative for companies to be reliable and scalable because this will ensure to customer’s that you take their privacy and safety of data at the top of your priority list. Corporations that join the Bikdata platform will be leveraging their own assets for their own benefit, in addition to other member corporations. Member corporations are the main governors of the blockchain. From consensus, the council of member corporations will play a critical role in the development and maintenance of the project, making Bikdata as the only member in equal parts as the member companies.

Bikdata was created by Ayman Kabalan, who has 20+ years of extensive experience in database systems, and has partnered with high-caliber individuals in the space of international banking, finance, payments, and international sales to kick off the inception of the Bikdata team. The team has awareness that the biggest unrealized asset a company has is its data and the storage of it. Bikdata is creating a new asset class that empowers businesses around the world to use their data to generate profits and level up their sustainability efforts.

With the increased adoption of cryptocurrency, a platform is needed that makes a mark on revolutionizing infrastructure and organization of data in a company. Learn more about Bikdata