World News: 14:37 GMT Friday 10th August 2018. [Infiniti Research via Businesswire via SPi World News]
Infiniti Research, a world-renowned market intelligence solutions provider, has announced the completion of their latest article on the real-world applications of blockchain technology. Bitcoins and cryptocurrencies are no longer the only factors associated with blockchain technology. With the proliferation of technology, the applications of blockchain are now spread across various industrial segments.
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Six Intriguing Real-World Applications of Blockchain Technology (Graphic: Business Wire)
Blockchain was invented in 2008 by Satoshi Nakamoto with an intention to solve the issues associated with double-spending, by using it as a public transaction ledger. However, it is quite evident that the network-to-network chain serves many purposes other than securing business transactions and preventing theft.
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Blockchain technology helps organizations save a considerable amount by simplifying their affairs, enhancing transactions, minimizing errors, and eliminating the need to hire third-party service providers.
“Blockchain is the most promising technology that has the potential to revolutionize everything around us. It enables businesses to assimilate services without revealing additional proprietary information to third parties,” says an industry expert from Infiniti.
Applications of blockchain technology:
Infiniti Research is a global market intelligence company offering strategic insights to help look beyond market disruptions, study competitive activity, and develop intelligent business strategies.
View the complete list of the applications of blockchain technology:
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies.
With 15+ years of experience and offices across three continents, Infiniti Research has been instrumental in providing a complete range of competitive intelligence, strategy, and research services for over 550 companies across the globe.
Business Wire: 14:37 GMT Friday 10th August 2018
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