Though blockchain still seems like an abstract idea to some, this emerging technology is making global waves.
As the people who drive business, governments and NGOs better understand the advantages of secure, distributed, ledger technology, the pace of blockchain technology adoption grows. In the very near future, blockchain’s intermediary-free transactions will be how business gets done. It will be the mainstream rule, not the exception.
Blockchain isn’t a one-size-fits-all technology; it’s a game-changing baseline technology that will benefit the many, from local start-ups to national governments. It can be designed in seemingly endless configurations for a multitude of purposes, wherever information is transferred and validated.
Any organization that could benefit from increased trust, security, and efficiency, will benefit from blockchain. It drives all three, which in turn, triggers greater revenue creation, cost reduction, and consumer impact, making it increasingly valuable for businesses. It’s an exciting time for a technology that hasn’t come close to seeing its limits.