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  • Introduction
  • Mission
  • Vision
  • The Problem
    • The Problem Statement
    • Why Compliance is a Big Challenge?
    • Risks of Non-Compliance
    • The Quality perspective
    • Problems with Traditional Solutions
  • Market Overview
    • Statistics
    • Better daily routine
    • Personas profile
    • The Gap
    • Existing Solutions
  • The Solution
    • The Proposed Solution
    • Revolution of QMS
    • Benefit for the personas
    • Unlocking the Power of Blockchain
  • The Product
    • What is Qoodo App?
    • System Users
    • Key Components of the Qoodo App
    • Qoodo Ecosystem
    • Product for Different Industrial Sectors
    • Technical: Entity Relationship
  • The QDO Token
    • The QDO Token: Driving Compliance and Quality Performance
    • Perform to Earn
    • QDO Compliance Metric
    • Main Pools
    • Burn Mechanism
  • QDO utilities in the ecosystem
    • The different usages
      • QDO Buyback Program
      • Qoodo Subscription with QDO Token
      • QDO Star System
      • Qoodo Document Wizard
      • Qoodo Audit
      • Qoodo Education Platform
      • Qoodo Help Desk
      • Qoodo Marketplace
      • QDO Explorer and tracker
      • Utilities summarized
  • Quality tracking on-chain
    • How does the platform work with the blockchain?
    • How will smart contracts operate with the rewards of users?
  • Qoodo AI
    • AI Anomaly Detection
    • Labelling with AI
    • AI-powered Floor Plan
    • Dynamic Reports
    • QDO token and AI
  • QDO Advantages for the different users
    • For Qoodo Subscribers
    • People without Qoodo subscription
    • What other value addition does Qoodo provide?
  • QDO Token Distribution
    • Anti Snipe function
  • Token Audit
  • Staking portal
  • The Roadmap
    • Timeline
    • Future Prospects: What Awaits QDO in the Future?
  • Team
  • Social Media
  • Contact Us
  • Glossary
  • Disclaimer
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  1. The Problem

Problems with Traditional Solutions

Managing compliance and productivity policies through paper-based processes or spreadsheets has become outdated in today's fast-paced technological landscape, leaving organizations exposed to increased risks. On the other hand, traditional software solutions often fall short when it comes to serving the needs of small and mid-sized businesses. These legacy systems are typically complex, not user-friendly, and can be incredibly time-consuming and expensive to implement.

These traditional approaches require multiple teams to handle compliance requirements, involving assessments, evaluations, process improvements, and budget allocations for new technologies. This disjointed process not only consumes valuable time but also increases operational costs.

Moreover, traditional compliance systems lack the incentives needed to motivate users to stay compliant, resulting in reduced user engagement. These solutions often neglect the user-first approach, which is essential for encouraging active participation and ensuring long-term compliance.

Additionally, the transparency and immutability offered by traditional solutions are limited, leaving organizations susceptible to data inconsistencies and vulnerabilities. Modern software solutions provide some improvement, but blockchain-based solutions, with their inherent immutability and heightened transparency levels, emerge as the superior choice.

In a constantly evolving regulatory landscape, traditional solutions struggle to keep up with changing compliance requirements. To address these challenges effectively, it's clear that a new, innovative approach is needed to empower businesses, especially small and mid-sized enterprises, to navigate the complexities of compliance efficiently and securely.

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Last updated 1 year ago