Blockchain
The blockchain is one of the most transparent systems ever, not to mention totally
verifiable, and it will change how people the world over exchange assets and values,
build contracts and enforce them and how data is shared. Blockchain technology is a
secure, distributed ledger of transactions that is decentralized and now businesses are
beginning to harness the power of the blockchain to enable a brand-new class of next-
generation applications. Now, with the blockchain on Microsoft Azure, business users
can share processes and data, eliminating waste, cutting down of fraud risks and
creating new streams of revenue.
How Are Businesses Using Blockchain?
- Financial Services Industry – blockchain is applied across capital markets,
banking and insurance industries to help eliminate the middle-man, enable more
efficient collaboration and create brand-new disruptive business models.