Tag Archives: Blockchain

New Technology Could be Changing the Business Landscape

A new technology is on the brink of changing how business is done, regulated, and it seems likely to affect many different industries and entities. It is called blockchain. Blockchain is the technology that is behind the encrypted online currency, bitcoin. Blockchain creates a trail of data in the system that cannot be altered, but is visible to everyone. This can greatly reduce transparency issues and corruption throughout many facets of modern life. For example, banks can use it to easily identify fraudulent transactions and track transactions from multiple sources all in the same software program, rather than having to use multiple databases. Keep reading below, to see how blockchain could be changing your industry. How Blockchain Could Affect Different Industries Real estate: The housing market is in a position where buyer demand is very high, but new construction of homes is low. This creates a very high demand for…
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