Applications For Blockchain In Your Business
1. Paying Employee
Payments that are made by a bitcoin can save both time and money for employees and employers alike.
2. Electronic Voting
Delegated Proof of Stake (DPOS) is an efficient, fastest, flexible, and most decentralized consensus model available.
3. Banking & Finance
The BFSI sector is currently leading the blockchain industry and will reap all the benefits in the near future.
4. International Payment
Blockchain technology in international or cross-border payments can enable secure transfers between multiple bank ledgers.
5. Capital Market
With the advent of blockchain, capital market companies have already moved into the next level of disruptions.
6. Trade Finance
Trade finance offers the payment guarantees credit and insurance required to facilitate transactions on terms that would satisfy all the parties.
7. Money Laundering Protection
Blockchain technology possesses several inherent characteristics that can actually prevent money laundering.
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