Using blockchain technology to make remote operations of enterprises more effective

Telecommuting presents new challenges for businesses and requires new ways of thinking.

Olya Green， Taraxa

During times like these, redesigning the telecommuting model for internal and external interactions is a top priority for every business. The best tool for monitoring responsibilities and job submissions latelysparked heated debatesecondary title

Questions to Consider When Moving to Remote Project Management

The first is to get real-time, trusted signatures from stakeholders and employees all over the world. Monitoring project progress and getting real-time status updates from outsourcers and casual partners can be a challenge for project managers across industries.

First, we need to make sure we can observe project phases and employee engagement and productivity. One possible solution is to put all the indicators into a progress tracking tool - something like a "deliverables dashboard", where all participants can view and set mid-term milestones. However, this solution may not be the best choice considering the possible loopholes in centralized systems when dealing with exponentially growing remote data.

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Get high-quality, highly consistent data to validate remote teams

We believe that such enterprise solutions need to be used to collect 100% reliable operating data by anchoring cloud data to distributed blockchain ledgers, performing hash encryption and signing. These data blocks are consolidated into one convenient interface allowing you to monitor the entire process. These traces are immutable, meaning that once a commit is hashed on the blockchain, no one can change or delete it. Here are other advantages of this solution:

• Track project progress by monitoring data delivery

By viewing the signatures of specific tasks, you can check who did what when in near real-time. By seamlessly integrating all popular remote collaboration and sharing tools, such as Gmail, Slack, etc., data can be shared with partners outside the organization. In addition, you can view the submitted content to efficiently follow up the progress of the project, such as project time consumption, bottlenecks encountered by relevant parties during the progress, and energy consumption.

• Eliminate data silos by obtaining a 100% reliable data integration source

Use blockchain technology to achieve immutable records of data submissions—perfect for building trust among all parties involved in remote collaboration.

• Eliminate concerns about data privacy

Data acquisition logs are also immutable and transparent, preventing unauthorized use of sensitive corporate and personal data.

• Reduce failures and system overload threats in centralized systems with distributed data management

Data points are recorded from the cloud to the blockchain ledger through hash encryption, and then each node stores the same copy of the ledger including all transactions and data submissions. When any one of the nodes fails, the other nodes can continue to operate. In this way, we can save several terabytes of space on the system and avoid all kinds of potential attack vulnerabilities faced by overloaded data.

Through such a solution, everyone in the enterprise team can obtain transparent and complete data while working remotely, thereby reducing business errors.