Uploaded on Aug 20, 2020
Blockchain is the future; this is not an undermining statement; instead, a technology that is promising to make a significant impact in the future is right ahead of us. The Blockchain that started as the underlying technology for cryptocurrency exchange has now emerged as a full-fledged mainstream technology captivating the attention of tech giants and even the start-ups.
The Future of Blockchain For Start-Ups Or Businesses
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The Future Of Blockchain For Start- Ups Or
Business
Blockchain is the future; this is not an undermining statement; instead, a
technology that is promising to make a significant impact in the future is right
ahead of us. The Blockchain that started as the underlying technology for
cryptocurrency exchange has now emerged as a full-fledged mainstream
technology captivating the attention of tech giants and even the start-ups.
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As per Statist, the global Blockchain technology market would be reaching 2.3
billion U.S. dollars by 2021. As per IBM’s latest survey, 655 of major global banks
will be using Blockchain technology in three years. 17% of the banks will have
complete Blockchain products.
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When we talk about Blockchain technology, then its usefulness is not limited to
just big names in the industry, even the startups can reap benefits from the same.
Our blog is going to discuss the same. We are going to highlight how Blockchain is
impacting the startups and how it can prove useful for them.
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Blockchain Usefulness For The Startups
Starting a business requires a lot of foresightedness and willpower, but its
sustained is even more critical. There has been a steep increase in the growth of
startups. Still, at the same time, these companies also need the assistance of
technology that can make their business processes productive, and operations
transparent while ensuring complete security of their data. Here comes the role of
Blockchain technology.
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Every startup looks for cost-effective solutions, and what better than Blockchain
technology that offers a platform which is easy to access and use, at the same
time, it also ensures encryption of all the transactions and data which eventually
increases the safety and security of data.
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Let’s see how:
1. Providing a transparent platform- One of the key aspects that any startup
works on is providing a transparent platform wherein the business operations runs
seamlessly, and Blockchain does the same.
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2. No third-party governance- A lot of startups fail to sustain in the business
because of a lot of paperwork involved, right from approval of the transaction to its
processing. Since the Blockchain technology works on the peer-to-peer network,
there is no third-party interference. Hence, you can work on enhancing your
business productivity, rather than spending time waiting for the validation of
transactions.
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Conclusion- All these features prove beneficial for startups. It helps them
establish credibility in the eyes of the customers as well as the stakeholders. This
is the reason more, and more companies are now investing in Blockchain
technology. It has resulted in demand for Blockchain professionals, and with
Blockchain certification, you have a high probability of making big in such
companies.
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The platform offers Blockchain certification courses and any individual looking for
Blockchain certification program can opt for this course. For all the latest updates
keeps on Blockchain technology keep coming back to Blockchain Council.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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THANK YOU!
Any questions?
You can mail us at
[email protected]
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