HashCash ACH Solutions Implemented by a major bank in Russia that acts as a clearing house for 22 financial institutions
As per Gartner, 84% of Scalability Problems in business are systems driven
●Lack of process transparency ●Lack of process automation ●Payment delays ●Payment cost ●Isolation throughout the payment process ●Security issues
Revolutionizing ACH with Blockchain Technology ●
Eliminate the need for internal and inter organizational reconciliation
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Validation of supporting documentation in real time
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Eliminate the need for centralized messaging systems
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Settle in real time
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Automate settlement process
Lowered OPERATIONS COST ●
Reduced reconciliation costs among 22 Financial institutions
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Lowered cost in financial messaging
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Lowered rate of Fraud
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Reduced administrative costs
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Reduced administrative errors related to processing
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Simplified accounting system
UP TO
30% LESS
Saved TURNAROUND TIME
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Instant settlement
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Real time document transfer
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Quicker validation of documents
UP TO
50% LESS
Supply & Circulation of E-currency for an East African Nation
Evolution of Payment Methods
E-currency vs. Printed Money • Eliminates printing cost • Zero money handling cost • Fraction of the distribution cost • Makes money laundering very difficult • Impossible to counterfeit e-currency
What are the Benefits? ●
Complete traceability of money circulation
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Increased tax revenue
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Instant settlement
Reduction in Costs
Up to
65% Of the cost of paper money
Digitization of National Identity (Passport) for a South East Asian Country
11in to identity fraud people became became VICTIM in55 people to identity fraud VICTIM
Document can be FAKED to gain access and entry
& USED
It is impossible to do
TRUE AUTHENTICATION of documents with conventional methods
Passport managed on the
BLOCKCHAIN
How it works? Public - Private key pair •
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Finger print, Iris scan data and passport information is acquired and linked with passport number or other national identity The information is stored in a public key with a paired private key The private key is owned by the individual and the government authority The private key is used by the individual during sharing of identity documents
What are the •
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Benefits?
Wage Management System for the Central Government Employees of a Middle Eastern Nation
Existing Application Environment ●
Fraudulent wage disbursement
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Misdirected wage payments
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Inaccurate implementation of regulations
UP TO
75% Reduction in overall cost
Benefits of New Solution ●
Reduced losses incurred in incorrect wage payments
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Reduced per transaction cost
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Reduced overheads and operations expenditure
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Increased tax revenue collected by the central government
Transformation Made Easy ●
Hashcash solution enables real-time payments
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HashCash solution can handle 1 million payment transactions concurrently
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Hashcash platform enables organizations to track, manage, and audit the complete life-cycle of e-currency payment records
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HashCash has built a bond of trust with over 60 banks and financial institutions through its innovative payment solutions
HC Remit-Blockchain Powered Remittance Platform
HC Corporate Payments- Blockchain Powered Platform
SESSION SESSION FOCUS FOCUS
INTEGRATION DELAY
BLOCKSCAP - CYBER RESILIENCY TECHNOLOGY SOLUTION
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BLOCKSCAP WORKFLOW FOR CYBER SECURITY IMPLEMENT POLICIES
RESTRICT INTRUSION
RE-INSTATE DATA
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DETECT ANNOMALIES
ANALYTICS
BLOCKSCAP BENEFITS
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Active Field Assist System Daily RM sales movement, their routes and visit points Live tracking of sales Lead Generation and Tracking Auto population of trigger if customers are not being contacted within specified time Movement of the leads from one resource to another Emails and SMS triggers on requirement basis Creation of report on various aspects of decision Data display to managers as per hierarchy Information / notification push from product team
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GEO TAGGING | LOCATION FLOW
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ACCESS FROM ANDROID MOBILE / iOS MOBILE
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REPORT EXTRACTION AT CENTRAL LEVEL
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EASY UPDATING OF DETAILS IN DEFINED FORMATS
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CUSTOMIZABLE FORMS FOR LEAD GENERATION
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MAPPING OF BRANCHES/GEOGRAPHIES/CLIENTS TO INDIVIDUAL USER
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VALIDATION ON DATA SUBMISSION BY MULTIPLE LEVELS OF MANAGERS
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DOCUMENT TRANSFER
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ADVANCED ACCESS-CONTROL & ROLE BASED SYSTEM
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Limits on transactional amounts, by employee or by grade
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Security class employee grouping
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Audit trails for each transaction by system, user, date, time, and description
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Password controls
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Record access level controls
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Screen access controls
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Full account analysis capability
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Flexible service-charge and fee options
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Centralized table of rates that can be shared by all products and accounts
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Maintenance options to update accrual settings for all accounts automatically
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Overdraft management
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Fees and interest rates based on consolidated account groups
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Variable interest accrual and payment methods
SECURE ATM ▪
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