Blockchain’s wave of transformation for the automotive industry Blockchain in the automotive industry allows for the deployment of a decentralized data ledger for mobility services, which empowers the end users with autonomous cars and optimized routes, resolving the hassles of everyday traffic.

Blockchain has been hype in the economy for quite some time now. With it’s associated security, privacy, and transparency; the digital ledger has found many applications in systems where multiple…

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This is why you are unable to create a blockchain company Although a tsunami-like revolution, blockchain companies in the market are facing many hurdles on account of misinformation, myths, and the embryonic nature of the infrastructure on which the blockchain technology is built.

Due to its robust framework and a secure data logging protocol, the blockchain technology has ended up finding applications in fields other than finance and cryptocurrency. With a rise of…

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The art industry can also avail blockchain now Employing blockchain in art is a novel narrative of technology meeting creativity. Storing information on blockchain’s digital ledger can democratize both, art and commerce, for artists and buyers all around the world.

Museums across the world are already implementing technology in their infrastructure in some way or the other. From digitizing images done by the Metropolitan Museum of Art in New York…

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Thought you should know how Blockchain is helping with procurement in organizations Attributing a lot of its popularity to the digital currency, bitcoin, blockchain has significantly transformed digital transactions via decentralization and cryptography. Blockchain in procurement can help businesses acquire and maintain the best-in-class products and technologies, taking the companies to greater heights.

Procurement is the process of finding and acquiring goods and services from suppliers, for an organization. The entire process is extremely well-defined, including the selection of products and commodities, the…

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Here’s why you can’t and shouldn’t replace traditional bulk payment systems with Blockchain immediately Due to its association with ledgering and transactions, blockchain has been viewed as an obvious replacement for existing payment systems. However, immediate use of blockchain in bulk payment system,s despite blockchain’s current immaturity, may prove to be risky.

Blockchain, which is inherently a ledgering system, is being considered to form the basis of all future transactional systems. This is especially true for the bulk payment systems, such as…

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