At MatrixThread we believe that privacy is a fundemental right and that individuals and companies have the right to own their personal data. This isn’t to say data shouldn’t be shared, but when it is, every care should be taken to provide this data in a secure and auditable way.
That’s why we believe in Distributed Ledger, Block Chain and Smart Contract Technologies.
These technologies enable us to design and build client solutions that ensure trust is at the core of what we do.
Our company was founded on the principle that data can be used for building communities not just target them. For some time we have been working with clients to build solutions that promote trusted relationships with their customers and partners.
As one of the fastest growing DLT consulting companies in Australia, MatrixThread have built a strong reputation in delivering quality scalable solutions.
Trust can be built between entities through ensuring that data is properly validated and can be shared securely. Once trust is formed, collaboration can occur in a transparent and equitable way.
We see this in many areas where we build DLT solutions.
- In the supply chain, DLT ensures that provenance is guaranteed by providing tamperproof records backed up by tamper-proof packaging.
- In government, DLT can ensure that voting systems are transparent, records are tamperproof and documents can be trusted.
- We have also used DLT in identity validation solutions (both personal and business).
- In FSI we have used blockchain to enable the traceability of Super Fund contributions for the contributor
All of this promotes trust and when we have trust there is less need for arbitration or expensive third parties to get involved.