Building new digital ecosystems with Blockchain
Immutability, reliability, complete transparency and security of transactions, within decentralized ecosystems. These are the main characteristics of Blockchain , which, beyond the many definitions that try to grasp its main characteristics and potential, is now reaching its "maturity". Blockchain is moving from being a frontier technology to one capable of having an innovative impact on society, industry, trade and governments.
What is Blockchain and how does it work? Why is it important to innovate your business?
The benefits of Blockchain for your business
Trust and responsibility
With Blockchain no third parties are needed to certify the accountabilities of stakeholders, because all those belonging to the same ecosystem can carry out their activities and, at the same time, verify those carried out by others.
High availability and flexibility
Blockchain solutions create highly resilient ecosystems, where any tampering attempt is inhibited by default and damaged data can be restored thanks to the redundancy of the network. This guarantees data integrity and the continuity of processes that are based on them.
Single point of truth
Determining a Single Point of Truth is one of the key factors in ensuring data consistency in companies. Realizing it through a Distributed Ledger Technology (DLT) or Blockchain is easier because both allow you to have a distributed database, which data is kept redundantly across the nodes participating in the network.