INTRODUCING THE
BLOCKCHAIN
Let’s take a deep dive into the world of blockchain and explore all the possibilities that blockchain can bring to your business.
WHAT IS BLOCKCHAIN?
Let us give you a brief introduction into the world of blockchain.
Blockchain is an open distributed ledger that records all transactions between two parties in a permanent and verifiable way. Whenever a transaction is made it is stored in the ledger and accessible to everyone. The most well known use of blockchain is as a cryptocurrency public transaction ledger. Cryptocurrencies, however, are not the only to harness the power of blockchain.
WHAT ARE THE USES OF BLOCKCHAIN
We picked a few popular use cases of blockchain technology.
Smart contracts can automate many different kinds of processes and operations, the most obvious being payment and actions conditional on payment. But the capabilities extend to many business and organizational activities.
Banks are already experimenting with ways of implementing the blockchain based solutions in their back office systems
Use blockchain to securely and uniquely store your digital assets on blockchain
Experiments with blockchain are already ongoing including online voting, peer-to-peer financial services etc.
HOW CAN Futeric HELP
Every solution needs a strong foundation
We are always happy to discuss every possible scenario in which your company can or should implement blockchain solutions. Having years of experience in this field, we can provide you with consultancy and development services to get your blockchain solution “off the ground”.