FOR IMMEDIATE RELEASE
CINCINNATI, OH – January 27, 2020 – 10XTS, a blockchain technology firm specializing in digital asset management and data transparency, is proud to announce its membership with the Government Blockchain Association (GBA) as a private sector member. Additionally, Michael Hiles, CEO of 10XTS, has been appointed Chair of the Records Management Working Group for 2020, a role that enables him to drive industry conversations on the role of blockchain in advancing public records management solutions.
The Government Blockchain Association is an international nonprofit organization that works to help government and public sector professionals understand and implement blockchain technologies to improve operational efficiency, security, and transparency. By joining GBA, 10XTS is poised to bring its expertise to a collaborative network of blockchain professionals, positioning itself as a thought leader in blockchain solutions for records management in the public sector.
Bringing Blockchain Innovation to Records Management
Records management is the process of creating, receiving, maintaining, and disposing of records in a way that ensures integrity, accessibility, and legal compliance. Traditionally, records management has relied on paper or electronic formats that are centralized and vulnerable to data integrity issues. Blockchain technology offers a revolutionary solution to records management, as it enables immutable, distributed ledgers that can securely document transactions, provide tamper-proof records, and support regulatory compliance.
With extensive experience in information architecture and records management, the 10XTS team is positioned to support blockchain’s growing role in government records management. The company’s flagship platform, XDEX, is designed to integrate digital records into a secure, distributed ledger, offering state and local governments a compliant, scalable, and transparent way to manage vital records. XDEX ensures that real-world documents and data can be securely attached to the blockchain, providing an immutable record that aligns with regulatory requirements.
“We are excited to join the Government Blockchain Association and collaborate with public sector leaders to create blockchain solutions for records management,” said Michael Hiles, CEO of 10XTS. “Blockchain’s potential to improve transparency, accountability, and data security in government records is transformative, and we look forward to driving these conversations within the GBA as we build out XDEX for public sector use.”
XDEX: A Comprehensive Blockchain Solution for Public Records
10XTS’s XDEX platform is built to address the unique needs of government agencies, offering a blockchain-based ecosystem for managing, sharing, and securing records. XDEX serves as a records management oracle network solution, providing government agencies with an efficient, secure method to maintain critical records. From document tracking to bond obligation records, XDEX is designed to support high levels of transparency and compliance across a range of use cases.
One of the core applications of XDEX enables state and local governments to track bond obligations and other financial records. XDEX helps to streamline record-keeping and ensures that bond data is easily accessible, accurate, and immutable. By attaching documents and associated data to the blockchain, XDEX provides public sector organizations with a way to maintain secure, transparent records, reducing administrative costs and ensuring compliance with public finance regulations.
10XTS’s Role in the Government Blockchain Association’s Records Management Working Group
As Chair of the Records Management Working Group, Michael Hiles will lead GBA’s efforts to explore how blockchain can be applied to records management, promoting best practices, use cases, and regulatory compliance strategies. This working group provides a platform for GBA members to collaborate on research, policy, and technology standards, advancing blockchain’s role in improving the management and integrity of government records.
10XTS’s involvement in the working group will provide insights into the technical, legal, and operational aspects of implementing blockchain for public records. By engaging with other industry experts, government leaders, and technology professionals, 10XTS aims to foster collaboration on strategies that address the unique challenges of records management in the public sector.
About Government Blockchain Association
The Government Blockchain Association (GBA) is a global nonprofit association that helps government and public sector professionals understand, implement, and benefit from blockchain technologies. With members worldwide, GBA provides a collaborative space for professionals to share knowledge, best practices, and insights on blockchain applications within government and public administration. GBA members are encouraged to join Working Groups and Communities of Interest to stay informed, engage in thought leadership, and contribute to the adoption of blockchain technology in the public sector.
Through this partnership with GBA, 10XTS is not only promoting the adoption of blockchain for records management but also supporting the public sector’s transition to more secure, transparent, and compliant data solutions. The collaboration aligns with GBA’s mission to drive innovation in government processes, foster public trust, and enable technology adoption that benefits public sector operations.
About 10XTS
10XTS is a blockchain technology company dedicated to developing secure, compliant solutions for digital asset management and data transparency. With its flagship platform, XDEX, 10XTS provides a blockchain ecosystem that supports efficient, transparent record management for government agencies and other regulated entities. Headquartered in Cincinnati, Ohio, 10XTS is committed to advancing blockchain technology to support the public sector’s evolving needs for secure, compliant records management solutions.
Media Contact
10XTS
Email: info@10xts.com
Website: www.10xts.com
