A blockchain network can track orders, payments, accounts, production and much more. Blockchain is ideal for delivering that information because it provides immediate, shared and completely transparent information stored on an immutable ledger that can be accessed only by permissioned network members. The faster it’s received and the more accurate it is, the better. Why blockchain is important: Business runs on information. Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |