Paradigm shift in business operations is essential for adapting to the changing needs of related industries. Blockchain, considered one of the main drivers of digital transformation, is one of those technologies responding to the needs in various enterprises. Blockchain is changing the way enterprises operate thereby further driving innovations. It creates a decentralized platform in organizations where users have control over their assets and information, requires no third party, is considered transparent with every transaction viewable and can be traced back to the source. Blockchain is causing a major shift in our traditional business models with many small businesses expected to emulate the trend. Some of the gains of this technology are based on improved trust, enhanced security, and increased transparency. Others are decentralization, immutability, increased efficiency, and cost saving. Is Blockchain the way to go? Find out now!
