Blockchain is a technology that can be used to record transactions between two parties without the need for a central authority. Blockchain is the backbone of Bitcoin and other cryptocurrencies, but it has many other applications.
So, can blockchain bring benefits to your business? This is a question that is being increasingly asked in companies across all sectors as new blockchain innovations and applications are developed.
The infographic below breaks-down the five essential benefits of blockchain technology for businesses .
Also if you are interested in learning more about blockchain, we are running a free course on the topic. The course is designed for those who are not techies and want to learn more about the blockchain. You can find the course here.