Records Management
Challenges
The current technology solutions for workflow-driven record keeping involve multiple, separate processes. Examples are loan origination, healthcare records, ERP data or financial reporting such as Fund Administration. The solutions require multiple, redundant copies of data in different systems, which requires multiple reconciliations for every step.
Solution
TapestryX allows participants to control their assets and updates and share them consistently across a network to other partners. Digital record state changes, enhancements or additions can be added and cross-referenced with off-ledger data as needed. The shared data can be as confidential or transparent between parties as the use-case demands. The consistent protocol allows for ease of sharing, or transferring, data between networks or legal entities.
