Blockchain for Business: Beyond Cryptocurrencies
Blockchain for Business: Beyond Cryptocurrencies Blockchain is often linked to coins, but its real value for business lies in how it stores and shares data. A distributed ledger provides a single source of truth, verifiable without a central authority, and it can automate rules with smart contracts. For many teams, this means faster collaboration, less duplication of work, and stronger data integrity across systems. What it does for business Trust: parties share the same record, reducing reconciliations. Efficiency: automated workflows cut manual steps. Resilience: tamper‑evident records help protect critical data. Compliance: auditable trails support governance and regulatory needs. Interoperability: standardized data formats enable collaboration across ecosystems. Practical use cases ...