Aleph.im x Request Network Collaboration

Published on: 20.04.2021
Aleph.im x Request Network

Aleph.im announced partnership integration with Request Network to power the DWeb by allowing anyone to store data without using any centralized entity.

Benefits

There are many benefits for leveraging blockchain technology for accounting, including but not limited to:

  • Enhanced Security: using encryption, blockchain technology ensures that no sensitive information is at risk of being leaked.
  • Improved Accessibility: encryption highly benefits data transfers, making it easy to send and receive documents inside and outside the organization.
  • Easier Auditing: a blockchain-based invoicing network does not require long audits and approbation processes; the network is designed to promote the respect of rules.
  • Reducing Silos: easy to share documents securely with partners outside of the organizations and with international offices.

Many industries will benefit from having their invoices stored on the blockchain, and this could be enhanced by smart contracts and escrow, where payment agreements are inherently coded into the invoice. This would lead to more efficient automation in warehousing, factoring, supply chain management, banking and more. Additionally, with the help of Aleph.im, users’ data can be securely distributed in a more decentralized way. Request will continue to use their own IPFS and will also store data on Aleph’s IPFS public network as a backup.

What is aleph.im?

Aleph.im is a distributed cloud platform that provides serverless trusted computing services, file storage and database hosting to its users. Aleph.im offers a decentralized solution that could rival traditional centralized cloud computing. It provides dApps of any chain instant access to database solutions thanks to its scalable peer-to-peer network and programming language-agnostic interface.

What is Request?

Request (REQ) is a blockchain based suite of financial applications dedicated to crypto first companies. Its first product, Request Invoicing, allows anyone from freelancers to small businesses and organizations to create, store and access invoices and receipts in a universal, decentralized network. Users can easily send professional, secured, compliant invoices and receive payments in traditional currencies like USD and EUR — or digital currencies such as USDC, DAI and USDT among many others in the list.

📰 INFO:

https://medium.com/aleph-im/aleph-im-partners-with-request-network-to-expand-their-decentralized-storage-of-invoicing-data-on-359bbb2d3a0c

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