Role of Blockchain in business: - 1 views

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  #1 JennyCrypto Joseph on 18 Nov 22

   

  Blockchain for business is valuable for entities transacting with one another. Participants with the same permissions can access the same information at the same time using the latest distributed ledger technology, improving efficiency, building trust, and removing friction. Blockchain technology also allows a solution to the rapid size and scale of transactions, and many solutions can be adapted to perform multiple tasks across industries.
  
  
  Across industries around the world, blockchain is also helping to transform businesses. Where trust also leads to greater efficiency by eliminating duplication of efforts, blockchain is revolutionizing the supply chain, food distribution, financial services, government, retail, and more.
  
  
  While some blockchain platforms are evolving with new technologies and continuously upgrading networks and mechanisms in 2022, it has been a buzz year for blockchain networks as leading blockchain platforms such as Terra Luna have revamped their version to Terra 2.0, where the internet was flooded with questions like "What is Luna 2.0?" which has made many people turn to blockchain platforms.

   

  <div class="cArrow"> </div><div class="cContentInner">Blockchain for business is valuable for entities transacting with one another. Participants with the same permissions can access the same information at the same time using the latest distributed ledger technology, improving efficiency, building trust, and removing friction. Blockchain technology also allows a solution to the rapid size and scale of transactions, and many solutions can be adapted to perform multiple tasks across industries. <br /> <br /> <br /> Across industries around the world, blockchain is also helping to transform businesses. Where trust also leads to greater efficiency by eliminating duplication of efforts, blockchain is revolutionizing the supply chain, food distribution, financial services, government, retail, and more. <br /> <br /> <br /> While some blockchain platforms are evolving with new technologies and continuously upgrading networks and mechanisms in 2022, it has been a buzz year for blockchain networks as leading blockchain platforms such as Terra Luna have revamped their version to Terra 2.0, where the internet was flooded with questions like "What is Luna 2.0?" which has made many people turn to blockchain platforms.</div>

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