Our team is researching advanced Data Management and Blockchain technology to drive performance and aid in risk management.
Our Platform is driven by intense data management, we are currently seeking assistance in this space and will be applying different types of data management and workflow to drive our platforms performance and ease of use for our users.
Blockchain was originally designed to offer an incorruptible digital ledger for transactions of Bitcoin, one of the first decentralized digital cryptocurrencies created within the past 8 - 9 years, and since then has operated without significant disruption. By design, blockchains are inherently resistant to modifications of the data at hand.
Recently, the Blockchain technology has been drawing a lot of attention, as it can also be developed to offer solutions for other transaction or record keeping industries as well. Already adopted by gold traders, it is also starting to show the potential to transform other sectors of the global physical commodities markets.
SoOum Corp. is researching how it can be applied to SoOum.com - our platform for International Trade, as the technology can offer a secure means of the exchange of raw materials, by providing more transparency and liquidity in a market where some buyers and sellers had until now been perceived as credit risks. In turn reducing that risk exposure for our customers.