Blog I SettleMint

Blockchain Solutions for Enterprises with Globally Distributed Multi-Cloud Infrastructure

Written by La Pyae Thit | Jun 18, 2024 12:59:06 PM

At SettleMint, pushing the boundaries of innovation is at the core of what we do. In the latest advancements to our technology, we’ve enhanced our Blockchain Transformation Platform to support global enterprises navigate the complexities of working with blockchain in multi-cloud and multi-region environments. 

By introducing novel solutions that solve the unique challenges that global enterprises face from adhering to internal & external compliance, ensure robust risk-management, and the need for high-performance deployments, SettleMint ensures you can overcome these challenges and unlock the full potential of your blockchain ambitions.

 

The Challenges of Blockchain Implementation Across Multi-Cloud Environments

While use cases abound, global organizations will never achieve blockchain success if they don’t have a way to easily and efficiently create and deploy blockchain applications. They face unique challenges when creating and deploying blockchain applications, especially when they use different cloud solutions or locations for each of its regions. Three of those challenges are:

  1. Consistency
    Ensuring consistent performance across different geographic locations can be a challenge due to network latency and bandwidth variations, which can directly impact blockchain application functionality. This is especially concerning with customer-facing applications, as no company wants to provide inconsistent experiences to their customers. Rather, they need the flexibility to mix and match cloud solutions for one coherent product that serves clients in different regions.

  2. Compliance
    Another challenge that comes with a global presence is having to navigate local and regional compliance requirements, like the General Data Protection Regulation (GDPR) in Europe or the MAS (Monetary Authority of Singapore) Digital Asset Custody guidance that is widely used as a benchmark across the globe. Making sure that blockchain applications adhere to varied regulatory laws can complicate deployment, as well as data management and protection strategies. This is especially crucial in highly regulated industries like financial services.

  3. Risk Management
    Global companies need to apply the same rigour to securing blockchain applications as any other application deployed across multi-cloud environments. As cloud environments scale and change, more risk is introduced, and while blockchain offers increased security by nature, global companies must have robust risk management strategies to handle diverse threat landscapes and potential attacks specific to each region.

 

How SettleMint Continuously Innovates to Enable Global Companies to Realize their Blockchain Ambitions

To truly realize the benefits of blockchain, companies that have globally distributed multi-cloud infrastructure need solutions for the challenges above. They need the ability to support their IT teams to build and integrate enterprise-grade blockchain applications incredibly fast. That solution can be found in SettleMint’s latest state of the art Blockchain Transformation Platform (BTP) with new innovations across the product stack to address the challenges above.

Here are just three ways SettleMint’s BTP brings increased organization, clarity, and functionality to your blockchain applications.

  1. Empowered Self-Management
    With a self-managed blockchain platform, users gain full control over the installation and management of their blockchain applications, with the flexibility to deploy in various forms — from simple setups to complex, highly available configurations. Through self-management, companies with a global presence can take control of each of their regional needs, such as being able to provide a more consistent experience with blockchain applications across regions and multi-cloud environments, or "baking in" local compliance requirements for each blockchain application.

  2. High Availability Deployments
    Global companies with multi-cloud environments need high availability, meaning their systems need to operate at consistently high levels of operational performance to ensure quality service delivery. This is why SettleMint’s BTP ensures data availability even if regional disruptions occur. BTP helps global companies overcome limitations, enabling them to architect and build blockchain applications the way they want.

  3. Single Dashboard Visibility
    A global organization needs high levels of visibility to manage its many systems and complexities. No matter how much your deployment is customized, you can use one dashboard to have granular control over how your network is running, and deployments across different cloud environments can be viewed and managed from one centralized dashboard. This allows you to make global strategic decisions while still maintaining regional views.

 

Build Better Blockchain Applications Today

How can global companies that are spread across multiple regions with many cloud environments quickly and easily realize their blockchain ambitions? With SettleMint’s enhanced BTP, organizations can benefit from increased autonomy, high availability deployments, single dashboard visibility, and much more. SettleMint's new innovations across the spectrum of the full-stack BTP helps global companies overcome their limitations and build the blockchain applications they always wanted.


Ready to explore the only BTP you need for your blockchain applications?

Book a call with a SettleMint expert to learn how we can support you for blockchain success.

 

About SettleMint

SettleMint, the Blockchain Transformation Company, bridges the gap between people, processes, and technology. In doing so, we accelerate the tangible realization of blockchain's potential and its practical application within enterprises and their end-users. Our platform empowers organizations to build and deploy blockchain solutions that address real-world problems, making the technology accessible and actionable. We go beyond just offering technology; we provide the tools, knowledge, tailored methodologies, and support that teams need to succeed in their Blockchain Transformation journey. Our holistic approach ensures that every initiative aligns with your business objectives, helping you drive significant value creation and gain a competitive edge in today’s digital economy.