Your address will show here +12 34 56 78

There are four main types of decentralized or distributed networks on the blockchain:

Public blockchain networks: public blockchains are permissionless and allow everyone to join them. All blockchain members have the same rights to read, edit and validate the blockchain. 


Block chain, modern sci fi technology background. Premium Photo

Private blockchain networks: a single organization controls private blockchains, also called managed blockchains. The authority determines who can be a member and what rights they have on the network.


Futuristic robot artificial intelligence enlightening ai technology concept Premium Photo

Hybrid blockchain networks: hybrid blockchains combine elements of private and public networks. Companies can set up private permission-based systems alongside a public system. 


5g network technology background vector 5g data transfer concept eps 10 Premium Vector

Consortium blockchain networks: a group of organizations controls consortium blockchain networks. The pre-selected organizations share responsibility for maintaining the blockchain and determining data access rights. 

3d illustration digital block chain code. low polygonal grid of triangles glowing in blue dot network Premium Photo

0

Blockchain technology is an emerging technology that various sectors are adopting in innovative ways. 

Energy: energy companies are using blockchain technology to create peer-to-peer energy trading platforms and optimize access to renewable energy. For example, let’s look at these uses:

  • Energy companies using blockchain technology created a trading platform for peer-to-peer electricity sales. Homeowners with solar panels use this platform to sell their excess solar power to neighbors. The process is largely automated: smart meters generate the transactions and the blockchain records them.

  • With crowdfunding initiatives based on blockchain technology, users can finance and purchase solar panels in communities that lack access to energy. Backers could also receive rent from these communities once the solar panels are built.


    Solar power engineer standing, holding solar cells and give a thumbs up, solar cell panel with strong sun. Premium Photo

Finance: traditional financial systems, such as banks and stock exchanges, use blockchain services to manage online payments, accounts and market transactions. 


Close-up of executive pointing to a graph Free Photo

Multimedia content and entertainment: Multimedia content and entertainment companies use blockchain systems to manage copyright data. Verification of royalties is critical for artists to receive fair remuneration. Several transactions are required to record the sale or transfer of copyrighted content. 


Man talking at the camera, recording himself in a vlog. working from home. young content creator. multiple cameras Free Photo

Retail: retail companies use blockchain technology to track the movement of goods between suppliers and buyers. 

Woman next to cash register talking with sales clerk Free Photo

0

It is important to define who will conduct the audit, whether a single auditor or a team, what will be audited, to whom the results will be communicated and what mechanisms will be used to ensure the implementation and effectiveness of corrective actions.


Here are the 5 steps:

  1. Planning and scheduling

The audit work begins with careful planning. At this point it is necessary to take into account the complexity of the work, the time required for its execution and the resources needed to carry out and complete the work. The chronogram is essential so that everyone involved knows the verification dates of each process. The scope of the internal quality audit and its objectives should also be defined.


Business people are brainstorming Free Photo

  1. Engage senior management and the work team

Without the commitment of top management, the results of the internal quality audit can be seriously compromised. Managers must be convinced of the importance of the audit and allocate the necessary resources. They must also understand that they are primarily responsible for creating a culture of quality and continuous improvement in the organization. Commitment must also be present in the audit team.


Fashionable friendly elderly male recruiter wearing rectangular glasses and elegant clothes working on portable computer, smiling broadly and pointing finger, choosing you for job position Free Photo

  1. Conduct the audit

The internal quality audit can start with a meeting between leaders who share and corroborate the work plan. After that, it is time to get into the verification practice. There are several ways to collect evidence and information during an audit. The most important thing at this stage is to know how to conduct the process in an atmosphere of cordiality, respecting the deadlines established in the schedule and the organization’s workflows. 


Business man financial inspector and secretary making report, calculating or checking balance. internal revenue service inspector checking document. audit concept Free Photo

  1. Record and present the results

  • Non-conformities: individual problems, arising from a difference between results and commitments.

  • Follow-up actions: it is necessary to verify that the corrective or preventive actions arranged in previous audits have been completed in a timely manner and have been effective.

  • General report: the findings and actions taken to address those problems are consolidated in this report. 


    Businesswoman using a tablet to analysis graph company finance strategy statistics success concept and planning for future in office room. Free Photo

  1. Follow up on the recommendations of the report

It is essential that the delivery of the report is not considered the end of the audit work. From the nonconformities and findings reflected in the report, the organization will have the necessary tools to identify the causes of the nonconformities. In this way, it will be able to suggest and implement corrective actions.


Portrait of succesful senior entrrepeneur in conference room smiling at camera with arms crossed Free Photo

0

1. Custom software is more cost effective in the long run:

At first, you may have to pay a considerable amount to design your own software, but in the long run, you end up saving a lot of money. By customizing your software, you avoid having to pay licensing fees associated with packaged software. You also won’t have to pay for built-in features that don’t apply to your company’s business and that you’ll never use. Another reason the custom software solution helps you save money is because it’s a long-term solution. Because it is specifically designed for your business, even as the years go by, you won’t have to replace it for a while, unlike off-the-shelf software.

2. Custom software increases productivity:

When you implement software specifically designed to meet your specific needs, it’s better to empower your employees and team to perform tasks more accurately and significantly faster. Instead of going back and forth through a clutter of complex and difficult-to-maneuver features in packaged systems that may not be relevant to the tasks at hand, everything is organized and in a single place. This fact alone improves your employees’ workflow and confidence in completing tasks.

3. Custom software lets your company grow and evolve on your terms:

When you use custom software, you and your software developer are in constant communication about your needs and wants. So if you ever need to make adjustments and improvements, you can talk directly to your developer and make the necessary changes. You won’t have to go through the long wait for a new version of software that doesn’t guarantee the availability of the features you need, as you would with an out-of-the-box solution.

4. Custom software can be designed to work well with other software:

You can design your software to be compatible with other applications, programs and system software already in action within your organization. This is a big difference from packaged solutions that come with limited compatibility capabilities that affect the overall operation of your business. When you choose to purchase custom software, you can streamline your processes and increase productivity within the business.

5. Custom software streamlines working with vendors:

By acquiring a custom software design, you open the door to a new way of interacting with your suppliers and contractors. An example of this would be by logging into a supplier-oriented portal where you will communicate and submit your orders to a single place. This portal will help you manage all transactions with your suppliers more easily.

6. Custom software provides a competitive advantage within the industry:

When you implement custom software into your daily operations, you can get everything you need to get the most out of your business. This customized tool gives your company the opportunity to perform at its best, leading you to offer more value to your customers. Your customers will be more satisfied with your service and will distinguish you from your competitors. In addition to this, when you purchase your own custom software, your solution will have capabilities that your competitors will not have, which will make you stand out in the industry in terms of the services you will now be able to offer. No matter what type of organization you are managing, custom software will help you stand out, as you will be able to focus specifically on all aspects of your organization to achieve growth and effectiveness.

7. Custom software makes possible what is impossible with packaged solutions:

Most of the problems you face with off-the-shelf solutions can be easily fixed and adjusted using software designed from the ground up. In addition, if there is a specific feature you need but can’t find in any of the packaged solutions, you can easily add it to your custom software package. Think of it this way, anything and everything you want in your software solution can be designed for you by your experienced software developer. Just like there is no one human being exactly like another, your company has its own identity and is different from any other. So why choose one-size-fits-all software when you can easily reach the stars of ingenuity with a customized software solution? As we mentioned earlier, choosing custom software over off-the-shelf solutions opens up numerous opportunities for your company that would otherwise have been wasted.

0

There are four main types of decentralized or distributed networks on the blockchain:

Public blockchain networks: public blockchains are permissionless and allow everyone to join them. All blockchain members have the same rights to read, edit and validate the blockchain. 


Block chain, modern sci fi technology background. Premium Photo

Private blockchain networks: a single organization controls private blockchains, also called managed blockchains. The authority determines who can be a member and what rights they have on the network.


Futuristic robot artificial intelligence enlightening ai technology concept Premium Photo

Hybrid blockchain networks: hybrid blockchains combine elements of private and public networks. Companies can set up private permission-based systems alongside a public system. 


5g network technology background vector 5g data transfer concept eps 10 Premium Vector

Consortium blockchain networks: a group of organizations controls consortium blockchain networks. The pre-selected organizations share responsibility for maintaining the blockchain and determining data access rights. 

3d illustration digital block chain code. low polygonal grid of triangles glowing in blue dot network Premium Photo

0

Blockchain technology is an emerging technology that various sectors are adopting in innovative ways. 

Energy: energy companies are using blockchain technology to create peer-to-peer energy trading platforms and optimize access to renewable energy. For example, let’s look at these uses:

  • Energy companies using blockchain technology created a trading platform for peer-to-peer electricity sales. Homeowners with solar panels use this platform to sell their excess solar power to neighbors. The process is largely automated: smart meters generate the transactions and the blockchain records them.

  • With crowdfunding initiatives based on blockchain technology, users can finance and purchase solar panels in communities that lack access to energy. Backers could also receive rent from these communities once the solar panels are built.


    Solar power engineer standing, holding solar cells and give a thumbs up, solar cell panel with strong sun. Premium Photo

Finance: traditional financial systems, such as banks and stock exchanges, use blockchain services to manage online payments, accounts and market transactions. 


Close-up of executive pointing to a graph Free Photo

Multimedia content and entertainment: Multimedia content and entertainment companies use blockchain systems to manage copyright data. Verification of royalties is critical for artists to receive fair remuneration. Several transactions are required to record the sale or transfer of copyrighted content. 


Man talking at the camera, recording himself in a vlog. working from home. young content creator. multiple cameras Free Photo

Retail: retail companies use blockchain technology to track the movement of goods between suppliers and buyers. 

Woman next to cash register talking with sales clerk Free Photo

0

It is important to define who will conduct the audit, whether a single auditor or a team, what will be audited, to whom the results will be communicated and what mechanisms will be used to ensure the implementation and effectiveness of corrective actions.


Here are the 5 steps:

  1. Planning and scheduling

The audit work begins with careful planning. At this point it is necessary to take into account the complexity of the work, the time required for its execution and the resources needed to carry out and complete the work. The chronogram is essential so that everyone involved knows the verification dates of each process. The scope of the internal quality audit and its objectives should also be defined.


Business people are brainstorming Free Photo

  1. Engage senior management and the work team

Without the commitment of top management, the results of the internal quality audit can be seriously compromised. Managers must be convinced of the importance of the audit and allocate the necessary resources. They must also understand that they are primarily responsible for creating a culture of quality and continuous improvement in the organization. Commitment must also be present in the audit team.


Fashionable friendly elderly male recruiter wearing rectangular glasses and elegant clothes working on portable computer, smiling broadly and pointing finger, choosing you for job position Free Photo

  1. Conduct the audit

The internal quality audit can start with a meeting between leaders who share and corroborate the work plan. After that, it is time to get into the verification practice. There are several ways to collect evidence and information during an audit. The most important thing at this stage is to know how to conduct the process in an atmosphere of cordiality, respecting the deadlines established in the schedule and the organization’s workflows. 


Business man financial inspector and secretary making report, calculating or checking balance. internal revenue service inspector checking document. audit concept Free Photo

  1. Record and present the results

  • Non-conformities: individual problems, arising from a difference between results and commitments.

  • Follow-up actions: it is necessary to verify that the corrective or preventive actions arranged in previous audits have been completed in a timely manner and have been effective.

  • General report: the findings and actions taken to address those problems are consolidated in this report. 


    Businesswoman using a tablet to analysis graph company finance strategy statistics success concept and planning for future in office room. Free Photo

  1. Follow up on the recommendations of the report

It is essential that the delivery of the report is not considered the end of the audit work. From the nonconformities and findings reflected in the report, the organization will have the necessary tools to identify the causes of the nonconformities. In this way, it will be able to suggest and implement corrective actions.


Portrait of succesful senior entrrepeneur in conference room smiling at camera with arms crossed Free Photo

0

In the last years, technology has made our lives easier. It simplifies procedures and make everyday life more comfortable for people around the world.

The financial world is undoubtedly one of the spaces where technological advances have been noticed, benefiting millions of users over time, by facilitating operations and reducing the costs of services and time. Now electronic media are part of our environment and we must take advantage of them.

The technology for the Finance Industry has bring a lot of benefits. Currently users can have better control of the information by having the availability of being able to review it 24 hours a day. Easy access to accounts via the Internet allows for a clearer and more accurate record of all the transactions in our accounts. It is useful for companies and natural persons around the world.


Technology on Finance Industry allows us to :

 – Check balances and statements.

  • – Receive payroll deposits.

  • – Pay for services such as electricity, telephone, taxes, etc. Also a variety of services.

  • – Transfer funds.

  • – Make investments.

  • – Deposit to different accounts, both your own and those of third parties.

  • – Pay credit cards.

  • – Receive payroll deposits.

There is no doubt that the technology in this industry is a progress. However, despite the great benefits that technology brings, this in turn generates an important challenge: cybersecurity and the protection of personal data. For that reason, it is necessary to continue strengthening the development and incorporation of technology in this sector.

This development has brought with it the appearance of Fintech companies. These companies are dedicated to mediating in the world of finance in multiple aspects. As in money transfers, in loans, in the purchases and sales of securities or in financial and investment advice, etc.

Fintech companies are developing so much that they will offer the same services but online. It is only a matter of time before this new way of doing and acting is transferred to the whole world.


Business people in corporate staff meeting with envisional graphic Premium Photo

0