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Friday 4 August 2023

Blockchains and Savings

Hello People! Crypto currencies are making waves, and so is blockchain technology. However, that’s not the only use for blockchain. There’s more!

A single blockchain stands for at least one use. That’s transacting in crypto, or for anything else you imagine. When you have a blockchain for a purpose, you don’t need a second tool for that.

Infographic explained: When you use a blockchain, your only costs depend on how difficult or easy it is. Choose one that’s simpler, and you could save a whole lot.

Here’s why you should be using a blockchain, if you are considering it. Check this image out.

At a company with its own production site, a product was in production. The main control for while in production was chosen by the production staff. 

All production data was calculated as per this main control. This data was fed into a blockchain and each day’s data was signed against by chief of production using a private key.

The company needed no dashboard for reporting. This simple blockchain served as one for the whole company. You can see the chance to save here. End of story, people. I’ll see you soon. So,

G’Bye,

Gaurvi. 

1 comment:

  1. I didn't know you could save money, I always thought blockchains were expensive!

    ReplyDelete