Blockchain is a growing ‘forest’ of trust, cyber safety, audit and regulations for securing the best, transparent and safest records.
Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network – which can be both tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).
Blockchain helps in the verification and traceability of multistep transactions needing verification and traceability, by providing secure transactions, reducing compliance costs, and speeding up the data transfer processing. Blockchain technology can also help contract management and audit the origin of a product.
Blockchain as an emerged technology, contains almost daily upgrades, evaluations, assessments and involvements on its usage and applicability to everyday life across multiple domains.
As a platform, blockchain is perceived to provide significant opportunities to disrupt traditional...
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