Ivan on Tech Academy provides latest insights and reports about the blockchain industry.
In 2020, it can seem that blockchain technology is on everyone’s lips. Specifically, blockchain is starting to break into the mainstream as countless high-profile companies are increasingly adopting blockchain. So, what is blockchain used for in business? Let’s take a closer look together at some enterprise blockchain solutions and use cases!
Blockchain technology is likely best known as the technology underpinning cryptocurrencies, altcoins, and CBDCs. Nonetheless, blockchain and distributed ledger technology (DLT) affect countless facets of society far beyond merely digital currencies.
Many also believe that decentralized finance, or DeFi, could hold the keys to banking the unbanked. Millions of people currently lack access to traditional financial services, and blockchain-driven decentralized finance could potentially solve this.
Although blockchain technology is quickly becoming popular among large international firms, many companies still lack the tools and know-how to implement - or even conceive of - blockchain solutions. However, this is not because the “technology isn’t there yet”. The technology exists and is in use today. Instead, the problem is poor blockchain education in enterprise settings. This article offers tips on using blockchain in business and educating your enterprise regarding blockchain technology.
The clear benefits of blockchain technology for enterprises are becoming too evident to ignore. As a result, hundreds of high-profile, international companies are eagerly adopting blockchain technology. Nevertheless, this poses an interesting question - why are certain companies lagging behind when it comes to blockchain adoption?
Those familiar with Deloitte’s Global Blockchain Survey will know that the main barriers to the adoption of blockchain technology in large...