Apply blockchain to business
Blockchain for business has several advantages:
- Saves time
- Removes cost
- Reduces risk
- Increases trust
For example, for financial services network, a business network that runs on a blockchain can speed up transaction processes and audits. That in turn reduces costs and can lead to greater customer satisfaction. A business that runs a supply chain network can benefit from blockchain by reducing errors in shipments, have better tracking or materials, and reduce the risk of illicit tampering of records.