Real Technology Used To Solve Business Challenges

At the core of blockchain technology is the ability to store, record and retrieve data and information in a way that is decentralised and distributed allowing for maximum security and privacy. It is this core feature that makes blockchain attractive in a wide variety of real-world commercial applications.

Trading and logistics companies are beginning to adopt blockchain solutions to streamline their transaction documentation that cuts down the chances of human error and delay while preservingsecurity — best off it cuts away the need for middle-men.

Heard Of The Internet Of Things (IoT)?

Imagine owning a coffee machine that will automatically re-order your favourite coffee blend when you run out or an oven that begins cooking dinner the moment you park your car in the drive-way.

In the coming age of IoT, blockchain technology helps to protect your ownership of your information and code for your smart appliances giving the user security over their own data.

With this move to decentralisation, how will blockchain shape the future of the internet and affect everyday users like you and me?

Perhaps we need to look no further than the way we store our information and data — cloud storage.