{"id":46490,"date":"2023-07-31T00:06:36","date_gmt":"2023-07-31T00:06:36","guid":{"rendered":"https:\/\/sms-bridges.com\/staging\/?p=46490"},"modified":"2023-07-31T02:38:33","modified_gmt":"2023-07-31T02:38:33","slug":"dlt-labs-empowering-data-visibility-and-cost-savings-with-single-source-of-truth-solutions","status":"publish","type":"post","link":"https:\/\/sms-bridges.com\/staging\/dlt-labs-empowering-data-visibility-and-cost-savings-with-single-source-of-truth-solutions\/","title":{"rendered":"DLT Labs: Empowering data visibility and cost savings with \u2018single source of truth\u2019 solutions"},"content":{"rendered":"\n

In an increasingly data-driven world, it\u2019s a challenge for businesses to share and analyze the sheer volume of information they generate daily, both internally and externally. Improper handling of this information can lead to data loss, inefficient operations and impacted cash flow.<\/p>\n\n\n\n

Enter blockchain technology companies like DLT Labs. Founded by industry pioneers, the company has developed over 3 million lines of code to develop the world\u2019s first and most stable distributed platform for enterprises. DLT Labs continues to develop and deploy innovative enterprise solutions using distributed ledger technology to share and analyze mission-critical data \u2014 and ultimately, move the needle for business success.<\/p>\n\n\n\n

With the world\u2019s biggest private enterprise blockchain network, DLT Labs is the leading provider of blockchain solutions for global businesses, such as Walmart Canada, Teck Resources and Mastercard. In Japan, the Japan International Cooperation Agency and Lotte are two innovative organizations for which DLT Labs has created seamless da-ta-sharing platforms for the ethical and sustainable sourcing of cacao beans from West Africa.<\/p>\n\n\n\n

\"\"
DLT Labs has created seamless data-sharing platforms for the ethical and sustainable sourcing of cacao beans from West Africa. | \u00a9 DLT Labs<\/figcaption><\/figure><\/a><\/div>\n\n\n\n

\u201cYou\u2019ve got all this data, every-where, and you don\u2019t know what to do with it. What you need is an engine in the middle to organize the data and help build brand integrity. That\u2019s where blockchain comes in,\u201d Francis Lalonde, chief commercial officer for DLT Labs, pointed out.<\/p>\n\n\n\n

\u201cBlockchain data cannot be tampered with. It\u2019s what we call a \u2018single source of truth.\u2019 A clear record is made on the platform, and all the business parties can see that,\u201d explained Andrew Neuman, the business development manager at DLT Labs K.K. in Tokyo. \u201cIt\u2019s very trustworthy and reliable because everything is on record.\u201d<\/p>\n\n\n\n

Moreover, DLT Labs offers highly configurable solutions \u2014 built configurable solutions to suit every client\u2019s unique requirements, from supply chain management and automated invoice generation to freight payments and data analysis.<\/p>\n\n\n\n

Blockchain data cannot be tampered with. It\u2019s what we call a \u2018single source of truth.\u2019 A clear record is made on the platform, and all the business parties can see that. It\u2019s very trustworthy and reliable because everything is on record.<\/p>Andrew Neuman<\/strong>, Business Development Manager at DLT Labs K.K. in Tokyo<\/mark><\/cite><\/blockquote><\/figure>\n\n\n

\n
\"\"<\/a><\/figure><\/div>\n\n\n

\u201cEvery solution is tailored to the customer\u2019s needs,\u201d Neuman noted. \u201cWe have a platform that\u2019s very configurable and we can get a solution up and ready for a customer with-in a couple of weeks or a couple of months.\u201d<\/p>\n\n\n\n

Lalonde said this works well with clients in Japan.<\/p>\n\n\n\n

\u201cIn Japan, we\u2019re very much focused on landing clients in supply chain management because that\u2019s an area where we can replicate the use case with Walmart Canada very easily.”<\/p>\n\n\n\n

Neuman concurred, highlighting the potential its technology poses to the Japanese market, saying: \u201cThe technology is still in its early days here in Japan, but Japanese businesses are looking for ways to make their employees more effective, more productive, because of the shrinking population. There\u2019s also typically a lot of paper documentation. Blockchain can help all that.\u201d<\/p>\n\n\n\n

www.dltlabs.com<\/strong><\/a><\/p>\n\n\n\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

In an increasingly data-driven world, it\u2019s a challenge for businesses to share and analyze the sheer volume of information they generate daily, both internally and externally. Improper handling of this information can lead to data loss, inefficient operations and impacted cash flow.<\/p>\n","protected":false},"author":7,"featured_media":46494,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[671,292,259,203,651],"tags":[508],"class_list":{"0":"post-46490","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-671","8":"category-articles","9":"category-bridging-japan","10":"category-canada","11":"category-software","12":"tag-information-technology"},"yoast_head":"\nDLT Labs: Empowering data visibility and cost savings with \u2018single source of truth\u2019 solutions - Bridges Magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sms-bridges.com\/staging\/dlt-labs-empowering-data-visibility-and-cost-savings-with-single-source-of-truth-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DLT Labs: Empowering data visibility and cost savings with \u2018single source of truth\u2019 solutions - Bridges Magazine\" \/>\n<meta property=\"og:description\" content=\"In an increasingly data-driven world, it\u2019s a challenge for businesses to share and analyze the sheer volume of information they generate daily, both internally and externally. 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