Blockchain as a Driver of Digital Transformation Globally
Building a digital economy is impossible without first laying down a solid foundation, i.e. a modern information infrastructure, where all technology solutions are connected and interact with each other.
Blockchain technology provides this, enabling the next generation of digital infrastructure and shifting the entire operation of global information-based networks. It offers significant advantages for the creation and implementation of a convenient, stable and secure universal digital platform for certification, registration and data tracking.
The contribution of the digital economy to GDP in the G20 is expected to reach $6.6 trillion by 2020,
and the number of participants is set to climb to around 4 billion people worldwide according to the “Delivering Digital Infrastructure – Advancing the Internet Economy” report by the World Economic Forum and the Boston Consulting Group.
Vostok project overview
Platform solutions
The project combines a number of technologies - blockchain, artificial intelligence, industrial Internet of things, big data and neural networks. This approach allows organisations to not only collect data, but also ensures data validation, comparison, predictive analysis, pattern detection, immutability, transparency, distributed storage and more effective protection against unauthorised use, attack or vanishing.
Project architecture
Vostok consists of two elements - the Vostok private blockchain platform and the Vostok system integrator. The platform uses proof-of-stake (PoS) protocol and leverages the latest advances in the field of digital technologies. The system integrator is tasked with the concept design for integrating the Vostok platform-based solutions and implements final projects.
