Quote from: soliton on October 17, 2017, 12:22:41 PM

why the need for blockchain in organizational management? There are plenty of tools to depict organizational and reporting structures, to plan workforce requirements and personnel costs etc.

All of those introduce unnecessary intermediaries, they have a central point of failure, they are not tamper-proof, the service provider, a government or even a malicious actor within the organization can have access to tamper with the data as well as the high costs of operating that are introduced by those tools/platforms.

The use of blockchain and smart contacts enables more efficient and cheaper management of organizations in a borderless, transparent manner where anyone in the world with just Internet access can take control of their financial lives in their own hands.