HashCash to Design Blockchain Consortium for Global Digital Media Technology Brand | News

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PALO ALTO, Calif., February 26, 2022 /PRNewswire-PRWeb/ — Global blockchain development firm HashCash Consultants announces collaboration with a global digital media technology brand. The proposed partnership will include a blockchain consortium to address digital media supply chain challenges and will include heavyweights from the worlds of advertising, media and publishing.

The global digital advertising industry is growing steadily at 13.9% and is expected to evolve US$786.2 billion by 2026. The global pandemic has contributed to a significant increase in online traffic. HashCash’s expertise in enterprise-grade blockchain will provide an authentic, real-time view of the digital media supply chain.

HashCash CEO and blockchain pioneer, Raj Chowdhury, expressed his opinion on the impact of blockchain on the advertising industry, stating, “The transparent ecosystem of a blockchain network eliminates variations coming from intermediaries, which improves communication between customers and the media”.

The finished product of the blockchain will allow the brands in the consortium to have an overview of the total media spend. This will enable better decision-making and effective cost reduction, with records stored securely in the blockchain network for future reference. Blockchain’s distributed ledger mechanism is immutable, tamper-proof, and easily accessible by all members of the network.

“The digital advertising industry faces multiple issues ranging from financial secrecy to quality control. Blockchain technology solves these issues, creating a marketing environment that preserves simplicity, transparency and trust,” said concluded Chowdhury.

The products designed by HashCash are deployed in 26 countries on 5 continents. The company benefits from strategic collaborations with global companies that create solutions for BFSI, crypto exchanges, gaming and healthcare. A leading force in blockchain incorporation, HashCash has also developed products for luxury brands, digital assets, loyalty platforms, space research, and more.

A blockchain consortium allows brands to align their interests and form a network for better data acquisition and sharing, leading to better business outcomes. Hashcash continues to move forward by merging innovation with excellence by developing blockchain solutions for a better future.

HashCash is a global software company. HashCash Blockchain products allow businesses to move assets and settle payments across borders in real time for remittances, trade finance, payment processing, and more. HashCash operates a US-based digital asset exchange, PayBito and a digital asset payment processor, BillBitcoins. HashCash offers exchange and payment processing software solutions, ICO services and custom use cases. HashCash powers technological advancements through Blockchain1o1 programs and its investment arm, Satoshi Angels. HashCash offers solutions in AI, Big Data and IoT through its platforms, products and services. HashCash solves the toughest challenges by executing innovative digital transformation strategies for customers around the world.

Media Contact

COLEEN F, Hashcash Digest, +14159662907, [email protected]

SOURCE HashCash Consultants

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