Do you need a blockchain project? Six easy steps to verify it
You may be fascinated by blockchain technology, hearing about all those ground-breaking projects, and thinking about bringing it to your organization. But some questions should
Become a blockchain expert. Master your skills and get certification supported by Espeo. Ready to start?
Become a blockchain expert.
Tracking commissions payments for referrals gets more complicated as organizations grow. Add borders and different record-keeping methods and the complexity gets even more extreme.
A Hyperledger Fabric private blockchain gives companies a shared, neutral place to keep records of transactions. This not only offers unparalleled transparency, but also superior auditing features.
Verify that your referral is sent and was paid. Streamline your auditing and administrative processes.
In a Hyplerledger Fabric private blockchain, each node confirms transactions using a consensus algorithm. This type of project gives firms a neutral place to keep a record of the commission that no one member of the network can control or change. All members have to agree on edits to existing entries as well as any new entries.
Using an immutable commission source you can use trusted data in your internal and external business processes.
The biggest benefit of a private blockchain network for tracking commission management is in the ability to quickly audit records in a shared database. This will not only ensure you’re getting paid for leads you forward but will also reduce the overall cost to check siloed records.
Learn more on how a blockchain fits into your business with a product discovery workshop.
You may be fascinated by blockchain technology, hearing about all those ground-breaking projects, and thinking about bringing it to your organization. But some questions should
An NFT marketplace is an online platform based on blockchain that allows for selling and buying non-fungible tokens (NFT-s). This article will show you how
The effective work of developers requires effectively organized cooperation with clients. That is why the work of people responsible for consulting and analysis, the intermediaries
Read next: About us ➜