• It is tsunami of decentralization started way back in 2008. Big corporations Amazon, Google, IBM are all slowly converting to this new reality.
  • Peer to peer networks are curing the pains of disorganized supply chains & costly money transfers.
  • Transactions are publicly viewable in blockchain , it makes businesses more transparent & reduce dependency on centralized gate keepers. That smooth information access should make decision making smooth for both consumers & management.
  • Smart contracts would eliminate need for middle man & complex legal protocols.
  • Businesses which heavily depend upon supply chain can easily find the origin of item as it is embedded in the history of that item on blockchain.
  • Fat management could breath in free air due to automated process of blockchain. Ultimately it will reduce the need for complex management structure.
  • No more lagging payments & third party processes. Payment process will become smoother & scalable without investing in heavy technologies.
  • Data is free from manipulation & hacking across blockchain due to it’s trustless & immutable nature.
  • Elimination of middle man , human errors. All leads to single thing speed & efficiency.

More

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How blockchain is transforming the travel tech industry ?

As the use of blockchain protocol continues to rise, there are fresh opportunities for travel companies to leverage blockchain technology in order to enhance the travel experience for customers. In this regard, here are six ways in which blockchain is expected to revolutionize the travel industry. Improved security Blockchain technology eliminates the requirement of a…

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Consumer Trends to Guide Your Business in 2023

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How can charities use metaverse?

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Next DeFi Trends

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Blockchain banking trends

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Emotional AI Trends for the Healthcare

The utilization of Emotion AI technology has the capacity to enhance human-machine interactions and revolutionize diverse industries and sectors. Emotion AI relies on machine learning algorithms to observe, scrutinize, decipher, document, and in certain instances, forecast human emotions. Many enterprises and startups rely on Emotion AI insights and projections to expand their operations. Assisting individuals…