Aurachain

Aurachain, a low-code development platform that focuses on digital processes and blockchain applications, recently announced that it was collaborating with Telekom Romania. Telekom Romania represents one of the leading telecom companies in the world. 

Successful Completion of Government Platform

The partnership between Aurachain and Telekom Romania arose from the successful completion of aici.gov.ro, which is a government platform used to help furloughed workers claim their benefits. Aurachain worked on the project with Telekom Romania and both companies plan to continue their partnership.

The Role of Aurachain

Aurachain’s role in the partnership will be to provide digital process and blockchain applications that will be availed as part of Telekom Romania’s Business Continuity Strategy. The telecom company will roll out these applications in their WellnessHive and InterVote solutions. These two solutions are designed to address issues that businesses face due to COVID19.  

The InterVote solution assists companies to make critical conditions that are compliant, auditable, and contactless. For instance, when a vote is required during a meeting by personnel in remote locations, they can use this solution.

InterVote was designed for AGMs and Emergency General Meetings that are held virtually in observance of physical distancing guidelines. The solution can also be used for the Board of Directors’ meetings and any other meeting where critical decision-making is needed. With the solution, the voting system can be automated and the outcome recorded on an immutable record secured using blockchain technology

WellnessHive helps organizations manage the productivity, health, and availability of their remote workforce. With the solution, a company can create a digital app that generates continuous feedback with the workforce. It allows for the monitoring of different aspects that affect their ability to perform their duties and their general output.

With the data gathered, an automated real-time triage is generated by the system. It entails isolation, prioritization, and distribution of responses from various members of the organization. WellnessHive is a great solution for overextended HR departments and business management. It is a versatile tool for workforces working remotely as well for those companies reintroducing employees to physical offices.

What the Leadership Team Had to Say

According to the Marketing Business Segment Romania Director of Telekom Romania Andreea Cramer, all businesses, no matter their size, needed to accelerate the digitization of their processes. She noted that it was more important than ever in the face of COVID19.

She mentioned that at Telekom Romania, they had promised to keep the country connected throughout the pandemic. The Director added that in keeping with that promise, they were working with companies guided by beliefs and objectives similar to theirs. Their partnership with Aurachain would help business and the public sector in their digitization efforts, according to Andreea.

Adela Wiener, the CEO of Aurachain, had equally positive sentiments. She said that applications such as WellnessHive, InterVote, and the aici.gov.ro platform demonstrated the power of the company’s low-code rapid app development platform. She noted that all the applications had been deployed for production within two weeks.

With the advent of COVID19 and the implementation of physical distancing requirements, it has become necessary to find secure ways of communicating and decision-making. The InterVote blockchain-powered solution will be an especially useful tool for these hard times as well as the future. It could help cut costs and improve efficiency in the decision-making process since the decision-makers will not need to be physically present.

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice. This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.

You May Also Like

SoFi Goes Live With Crypto Trading Due To Continued Demand – The Move Makes Sense For The FinTech

SoFi is a California-based startup that came into the limelight for helping…
What Is Blockchain PR and Why Do You Need It?

What Is Blockchain PR and Why Do You Need It?

In today’s digital age, blockchain technology is revolutionizing the way we conduct…

Cryptocurrency Markets Face Sharp Declines

  Digital asset markets experienced severe turbulence as risky tokens plummeted to…

Ripple Vs Bitcoin: Understanding The Basic Differences Between BTC and Ripple’s Digital Asset XRP

Ripple Vs Bitcoin: Theres is still a lot of confusion with the…
Crypto-Engine.Pro Blog

What Is Crypto-Engine.Pro Blog?

The Crypto-Engine.pro Blog serves as a comprehensive resource for all matters related…

Nft Marketing Strategy How To Stand Out In A Crowded Market

With the rise of NFTs in the digital world, understanding effective marketing…
crypto regulation

Crypto Regulation Nigeria: SEC Takes Public Stance On Digital Assets

Crypto regulation was addressed by the SEC in Nigeria yesterday, as the…
Wirex Announces 2020 Rising Top 10 Women In Crypto

Wirex Announces 2020 Top 10 Rising Women In Crypto

Wirex, one of the fastest growing digital payment platforms, has partnered with…

XRP Moving Up 7% Post Week of Crypto Regulatory Talks. Any Correlation?

Photo Sourced From Pixabay After significant sell offs in the crypto markets…

Despite Decline of Bitcoin, Bakkt Bitcoin Futures Sets New Record Volume

Although the price of Bitcoin dumped below $9000 mark, Bakkt’s physically-settled bitcoin…