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Why Businesses Need Blockchain ?

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Old 21-12-2020, 03:42 PM
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Default Why Businesses Need Blockchain ?

By leveraging this public ledger technology, industries can shape up their core functionality by bringing more security, traceability, immutability, and transparency. Based on the business nature, you can develop separate custom blockchain (I.e) permissioned blockchain for your interconnected networks. Only a limited number of persons can have the privileges to access the information provided within the network.

Decentralized management of data and information
Data canít be hacked and incorruptible
Secured Eco-System
Easy To manage risks
Ease of business operations
Flexible to maintain complex records
Transparency of business records



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Old 13-03-2021, 06:43 PM
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Default

I suppose it works on both sides. Security is necessary for business owners as well as for their clients. I can give you an example. It is probably not the best one, but real. I am fond of gambling. As I have a big experience in that, I am a little bored of the usual online casinos. Last year I decided to try crypto casinos. But the variety of worthy platforms is really poor, though from the first sign it can seem there are hundreds of them. It is reliable to use a crypto casino that works with a blockchain. I guess you know why... That is why I play on Fairspin.io.

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Old 24-01-2022, 03:17 PM
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Default why business need blockchain?

Business need blockchain to record data, in the blocks data cannot be change or alter.

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