The blockchain is one of the more recent new technologies that businesses have been considering for their offices. Blockchain technology could have been implemented to solve a host of different problems, but the world simply was not ready for it. Is it ready now? Perhaps—let’s take a look at three applications for the blockchain in today’s business world.
Blockchain technology might be best known for its use with cryptocurrencies such as Bitcoin and Dogecoin, but that’s just one type of blockchain. There are other varieties that could prove useful in certain sectors. Let’s take a look at what they are, how they might be used, and what some of their benefits and shortcomings are.