10 Jun Why Blockchain is the now for business?
Staying up to date, in the world of ever changing technology is hard but why be late to the party when you can be the first to arrive? “Blockchain technologies” is becoming a term used with increasing frequency throughout the world of business.
Global businesses are looking at the way in which Blockchain can be incorporated into the day-to-day running and ways in which customers can be kept more up to date with the processes behind the products. In a world where transparency and traceability are becoming more and more popular.
New and unique ways are being discovered to give the customer access to the information they need, in a way that doesn’t have a major financial implication on the businesses. Blockchain platforms, such as our VDX Platform, offer easy integration into apps and software already used in the day to day running of businesses, resulting in no new or hidden applications needing to be installed to utilise the program.
Blockchain Platforms also have the freedom to be easily modified for departmental uses such as HR using it for verification of new starter references, and Accounts teams can use the blockchain to confirm payment transactions. The list of possibilities is endless. Manual processes within businesses often slow down or hinder the information cycle to customers, potentially causing delays and in some cases a loss of business.
With blockchain being tamper-proof and highly secure, its use in replacing manual processes is increasing the productivity of staff in other areas of their jobs and allowing easy access for customers. With blockchain becoming more popular among business for its many positive features, it is time to ask yourself “when am I joining the party?“.