Post
Topic
Board Bitcoin Discussion
Re: Blockchain Usage By Businesses
by
Jating
on 24/04/2020, 12:26:45 UTC
Blockchain technology has made it easier for businesses to do business together because it has dramatically simplified the production process. Is it really great for businesses in the long run?

Depends on what business are you describing here. There could be mid-tier businesses and companies that doesn't need blockchain per se, perhaps their good old and legacy systems are enough to capture the data, translate it to a business process to improve their production. I think in the last two years or so, everyone really thinks that blockchain is the solution to everything, but voting process to companies who even understand the concept of blockchain or how it can help them.

So for me, I would say not all business are geared toward having a blockchain technology, maybe just a simple database will be suffice.