Case Studies > Hitachi Streamlines and Secures Procurement
Hitachi is a global organization based in Japan with 873 companies across more than 100 countries and 380,000 employees worldwide. To reduce the time needed to process contracts, eliminate paper-based systems, and increase trust in digital systems and remote work Hitachi has implemented an Electronic Signature Service, which utilizes blockchain technology for high information authenticity.
Hitachi, Ltd. was looking for a more efficient way to manage their contracts due to processing thousands of them each month. The team selected Hyperledger Fabric to develop Electronic Signature Service, which implements secure electronic contracts based on blockchain technology.
The Application Service for Blockchain enables businesses to share and exchange data with other organizations securely. This service uses blockchain technology which is highly resistant to tampering and provides reliability in B2B transactions while ensuring secrecy, authenticity, and transparency of exchanged information.
Hitachi is utilizing a blockchain-based platform to reduce costs associated with manual processes and increase the speed of transactions, allowing users to benefit from improved efficiency, cost savings, and faster transaction times.
Hyperledger Private Blockchain is an innovative technology that provides businesses with a secure, distributed ledger system. With Hyperledger Private Blockchain, businesses can create their private blockchain networks and securely store their data in the distributed ledger. This technology eliminates the need for centralized servers and makes it possible to maintain secure, private data on the network.
Each of these industries has its unique requirements and challenges. Our solutions are designed to meet those individual needs while providing cost savings through increased efficiency and reliability. Look at how our solutions are applied across industries and will continue to transform how we work daily.
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