The BlockBox always makes sure you’re up to date with all information. Here you can check out some of our Infographics and learn something new.
What is Blockchain
The technology behind blockchain is rather new, and not many people can brag about understanding all of it. It is a steep learning curve that involves acquiring new terms, rules, and processes. To help you understand it, we have created an infographic that might help you wrap your head around it. The basic idea behind it is rather simple, and — who knows — you might discover you have a knack for it.
Blockchain can be a powerful tool that can drive your business growth, but do you need one for your company? The following infographic can help you understand whether this technology is the right choice for you, or if you should look for something else. Just follow the tree, and you will get the answer to whether your company needs a blockchain.
Blockchain in Food Industry
Blockchain is a technology that’s rapidly growing, and it can be more than useful even in the food industry. It adds a business value of trust, data sharing, and transparency. Furthermore, it helps with safety and protection as well as improves brand integrity. The best thing is that it allows customers to always have all the information they require at their disposal. The graphic shows how your business can improve by implementing blockchain in the food industry.
Blockchain in Supply Chain
Commerce keeps improving by the day, but there are still so many aspects of it that can be improved. Supply chains can significantly benefit from implementing blockchain technology. All participants would get transparency, product traceability, easier and faster processes, etc. The infographic below will give you a clear insight into how everything works and how it can be beneficial for all parties involved.
Blockchain in Finance
A couple of years ago, having full availability, unbreakable security, transparency, and trust seemed like a distant dream. Today, the financial industry can get revolutionized in a blink of an eye. Blockchain technology can fix and improve all major shortcomings of financial systems, from payments to protection and security. Both Bank of America and Barclays believe it to be the next step in the financial revolution.
Blockchain in Insurance
Insurance is one of many fields that can benefit from blockchain implementation. This technology would allow professionals in the field to save both time and resources while improving their systems. The most satisfying thing about it is that customers would love the change. As you probably know already, blockchain has many uses, and it can upgrade nearly all aspects of our lives in a variety of ways. So why not get a headstart and implement it now?
Blockchain technology is still fresh, and people from all over the world are trying to figure it out. There are many different terms, rules, and categories you need to understand first. Smart contracts are just the tip of the iceberg. So let’s start from the beginning and see what they are, how they work, and what their benefits are.