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How Blockchain Technology Help You Enhance
Your Business in 2020
Every company wants to gain a competitive edge in the market. There are various
ways to achieve the same. One of the best ways is to adopt technologies and
strategies which will help in gaining an advantage. Well, when we are talking
about technological developments, then we cannot miss mentioning Blockchain
technology. The DLT that once formed the base for cryptocurrency exchange has
now been widely accepted across different industries.
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Businesses adopt various ways to make them perform better, and they have
shown a growing inclination towards Blockchain Technology. As per Deloitte's
report, around 1300 senior executives, of this 53 %, believe that Blockchain is a
priority for companies. When it comes to the use cases of Blockchain technology,
then this technology has penetrated across different industries and finds myriads
of applications.
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As per data published in Business Insider, the companies dealing in financial
services are actively using Blockchain technology followed by manufacturing,
energy, and utility, and healthcare industry. What we want to convey here is that
Blockchain is steadily expanding its roots across different industries, and this
percentage is going to increase in the years to come.
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What's in it for you?
If you are still wondering how and why Blockchain is important for you, then the
pointers ahead are worth reading. We bring you the use cases of Blockchain in
businesses and how certified Blockchain professionals can help you in the same.
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Eliminates middlemen- One of the reasons different businesses are inclined
towards Blockchain technology is because it eliminates the need for a middleman.
The platform directly links two parties allowing direct transaction and interaction.
One such example that we would like to mention here is Corda. It is an open-
source Blockchain platform that allows enterprises to transact in strict privacy.
With this, the companies get the advantages of doing the business faster, which
eventually makes them more productive.
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Data Security- Since most of the companies are now working on the digital
medium and the mode of business has gone online, it is important for them to
have a safe and secure system. With Blockchain, you have an assurance of
having a safe platform. Every data on Blockchain is stored in the form of a block,
and each block is linked with the other.
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So, if someone tries to change the data, then it will impact the others, thus making
it easy to find if data has been impacted. Besides, every data on the Blockchain is
stored cryptographically, thus ensuring data safety and security. It again becomes
an added advantage for the companies rendering services on the Blockchain
platform.
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Take the supply chain management to the next level- Supply Chain is the
underpinning of most of the businesses. Companies need to work on creating a
more profound and seamless supply chain to ensure customer satisfaction and
increasing business productivity. With Blockchain technology, along with IoT, it
becomes easy to have a seamless supply chain management.
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In our analysis, we have found that Blockchain is going to have a great demand in
the future, and at the same time, there is also going to be a greater need for
Blockchain experts and professionals who can help in implementing this
technology. Blockchain Council is one of the leading platforms offering certification
courses in Blockchain. So, if you are also willing to learn more about Blockchain,
then you must enroll for the Blockchain certification program.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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