What Are the Reasons to Adopt Blockchain for Business?

 


Original Content: Business Upside

The evolution of database technology culminated in blockchain technology, the power behind cryptocurrencies like Bitcoin, Ethereum, etc. The high trust generation factor of blockchain, like an open ledger coupled with the authenticity and security of data recorded in the database, eliminates the need for a third party to bolster trust. As a result, blockchain for business is fast gaining traction. The fintech industry has taken the lead in implementing the technology in addition to cryptocurrency miners, companies that manufacture blockchain, the insurance and real estate industry, and many other industries. 

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