Building solutions that can improve layover times, network efficiency and establish SVoT trust mechanism where all stakeholders can access critical information in real-time.
A study which proposes a system that can bring more authenticity, increased trust and exquisite security in Land record management through Blockchain technology.
Leveraging new age Blockchain technology to implement pro-active governance frameworks with improved service delivery model and a bottom up approach by placing the citizen at the center.
Introducing a concept of Decentralized Power Exchange (DPEX) that can help implement truly secure P2P energy trading with blockchain.
Learn how blockchain is being used for Subsidy Distribution in Government. Tokenization, Fund Recall, Accurate Utilization. Transparency, Traceability & Standardization..
Emerging economies often run cash/subsidy programs that provide regular time-limited payments to poor households and are an important tool for reducing short term poverty across nations. A pre-requisite for running such programs is that the beneficiary should have a bank account. Cash transfers / subsidy distribution often raises the income of the poor household and have proven to be more effective than in-kind benefit transfers.
Governments face major challenges in running such programs because of lack of banking infrastructure, lack of income data for ascertaining eligibility and lack of tools to track utilization of funds. There is also a risk of double-dipping where a household can receive this benefit twice due to incorrect data.
Using our Subsidy Distribution platform, Governments can easily track both conditional as well as unconditional subsidies.
Our extensive work with State governments in India and counties like Papua New Guinea and Indonesia has given us a unique lens with which we view the problems in such scenarios and apply the technology.
We established a Blockchain Centre of Excellence in 2016. Our team has continuously focused on using blockchain to tackle key challenges of industries like BFSI, Agriculture, Aviation and Governments.
Bringing back insurance in a very cost efficient way by allowing individuals to form groups that can share risk at affordable costs.
Single Version of Truth for OEM, MRO, Aircraft, Airline & Aviation Authorities efficiently reducing operating costs & layover times.
Public Distribution System with assured and accurate end utilization enabling transparency, Traceability & Standardization.
A global common ledger for raising, allocating & distributing aid, donations and grants during times of crisis.
Blockchain platform for P2P energy trading with turing complete solar panel meters and bidding system.
A DLT solution for Banks, Manufacturers and their Vendors to majorly reduce processing timeframes.
A DLT solution for moving ahead of RDMBS implementations to store Trail data on an immutable, trusted ledger.
Domestic Fund Transfer on Blockchain for emerging markets to tackle Inclusion without last-mile bank branches.
A DLT solution for bank reconciliation eliminating an age-long of different statement formats of different banks.
Learn more about our blockchain solutions and how we can support you in implementing your project. Write to us on emails listed below or send us a message using the contact form. Our team will get in touch!
Software Development / Advisory Services / Blockchain Products: | [email protected] |
Careers / Job Applications: | [email protected] |
General Enquiry: | [email protected] |
M/s Somish Solutions Limited
Plot No 199, Kailash Hills, New Delhi – 110065, India
Schedule a free 30-min call with our team of blockchain aficionados! Trust me, you won’t be disappointed :)
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