Inter-company data refers to information exchanged or shared between different business entities. In the context of digital assets and blockchain, this often involves transaction records, supply chain information, or customer data that needs to be securely and transparently shared across organizational boundaries. Distributed ledger technology offers a means to establish a shared, verifiable record without relying on a central intermediary. This facilitates collaboration and reduces reconciliation efforts.
Context
The management of inter-company data is a significant area of application for permissioned blockchains and enterprise-grade distributed ledger technologies. A key discussion involves balancing data privacy requirements with the need for transparency and verifiability among collaborating entities. Future developments include standardized protocols for secure data exchange and the use of zero-knowledge proofs to share information without revealing underlying specifics.
Implementing a shared ledger for freight logistics automates reconciliation, eliminating 99% of payment disputes and optimizing core supply chain capital flow.
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