At OiX, we view digital transformation strategy as the core driver in improvements to productivity, efficiency, and collaboration within government agencies.
Open Investment Exchange, caters to disparate government agencies needs and understand that the process for developing a successful blockchain strategy is not " one-size-fits-all ". Rather, it involves a mesh of technology solutions which are highly dependent on individual agency's present goals, active responsibilities, and roadmap vision.
For agencies dealing with public records, mission-critical files, or otherwise vulnerable data – OiX blockchain solution pursues compliance and security standards such as FedRAMP. OiX Government cloud platform design substructures the needs of government agencies such as federal reserve bank currency exchange. Collectively, United States Payment, Clearing, and Settlement processes about 600 million transactions valued over 12 trillion.
OiX distributed ledger technology transforms payment, clearing and settlement processes, including how funds are transferred and how securities, commodities, and derivatives are cleared and settled.
Blockchain Solutions in OiX Government provide the means for government agencies to improve their security practices, increase transparency, and better adhere to regulatory compliance. Blockchain solutions in OiX Government cloud provides a means for proving the integrity of public data held in registries, enabling a more secure public infrastructure where citizens and agencies may be fully certain of both the integrity and authenticity for public data records. OiX Blockchain network is secured by using implicit encryption mechanism as well as the consensus mechanism. Mainly, there are 2 consensus processes – Proof-of-Work and Proof-of-Stake.
Government agencies can provision a fully-configured blockchain instance, using OiX Government services to configure a globally redundant blockchain topology.