Some associate it only with cryptocurrencies, and others believe that it can become a force for change in the functioning of companies, governments, and even the whole society. Blockchain, because that is what we’re talking about, is raising more and more interest, and according to Statista, global spending on blockchain solutions will reach $15.9 billion by 2023 alone.
The chain of blocks allows you to store and transmit information about transactions made on the Internet. The principle of its operation is to maintain a shared ledger of transactions in a digital form, in identical copies dispersed over the network. All this to enable decentralization of services and eliminate any need for using external institutions or middlemen.
A blockchain network can be public, private, available to authorized users only, or created by a consortium. However, no matter how it is built, it is always based on a dispersed, decentralized, independent, transparent and democratic virtual database.
Despite the fact that the media often describe almost limitless possible uses of Blockchain, it actually has three basic applications:
Why is it worth investing in this technology? Because it guarantees transparency of stored data as well as security and system reliability. It also allows you to adapt your software to the current needs and requirements of users and shift the burden of trust from network members to the technology.
Blockchain is a technology for practically everyone, and the number of companies and industries which recognizing its potential is increasing.
What opportunities can it offer to different sectors of the economy?
This revolutionary technology will certainly change the way businesses from almost all industries operate over the next ten years, so it is worth paying attention to.
One of the main goals of our activities is the technological and business support of innovative IT projects, and Blockchain is undoubtedly one of them. It is one of these technologies which makes it possible for us to revolutionize your business or even an entire industry.
What services from this area can we offer you?
Take advantage of our comprehensive support in Blockchain projects including strategic consulting, implementation, and integration as well as support and managed services for implemented systems, and let us make your vision a reality.
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