How did Blockchain Elevate the Business Market?

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In this presentation, you will get well-versed with Blockchain and how it has helped the industries! To know more about, visit https://www.engineermaster.in/

Technology

HOW DID BLOCKCHAIN ELEVATE
THE BUSINESS MARKET?

In the present times, the term Bitcoin and Blockchain
excite us at another level! And now everyone from a child
to an elder everyone is aware of Bitcoin.
Bitcoin was the sole reason for the invention of
blockchain.com. A new-york-based organization that has
made ledger-based transactions into small parts and also
makes the whole process of transaction easy and scam-
free.

WHY BLOCKCHAIN GOT POPULAR IN
NO TIME?
Like the mobile phones got popular in no time, in the same way
Blockchain got renowned in a very short duration of time.
Thai homely distributed ledger technology has helped many companies
make the process of transaction easier.

DIFFERENT ASPECTS AND
BENEFITS OF BLOCKCHAIN
TECHNOLOGY
Harmony
Imitation
Immutability
Safe Keeping
Cost Cutting
1.
2.
3.
4.
5.

INDUSTRIES THAT ARE
PROFITED BY BLOCKCHAIN
Financial Institutions
Healthcare Entities
Government Agencies
1.
2.
3.

Blockchain is the technology that is ever-growing
and can never get outdated. I am saying this strong
statement, just because companies like Walmart
and IBM have also started adopting this
technology!

Contact Information
For questions, comments and inquiries
PHONE NUMBER
0731-498-0455
EMAIL ADDRESS
info@engineermaster.in
WEBSITE
www.engineermaster.in

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The blockchain technology that once started as the underlying framework for Bitcoin exchange now finds a multitude of use cases across the different industrial segments. One of the biggest impacts was felt on the financial sector. Companies like JP Morgan have openly embraced Blockchain technology. The financial sector suffers issues of data security, faster transaction, transparency and other bottlenecks that hamper the growth of the businesses that are relying on the banks and NBFCs for monetary transactions. Hence, Blockchain could be a probable solution here. With the intervention of Blockchain, banks and financial sectors can easily overcome the drawbacks that are holding back the seamless functioning of the banks.

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Bitcoin is the first and most successful digital currency in the world. It trends in the news almost daily, with glowing reviews of the many benefits of an alternative and international currency. This paper explains the innovative aspect of the technological platform used to transfer Bitcoin from one party to another. This technology is called the Blockchain. The Blockchain eschews a bank or other intermediary and allows parties to transfer funds directly to one another, using a peer-to-peer system. This disruptive technology has done for money transfers what email did for sending mail — by removing the need for a trusted third party just as email removed the need for using the post office to send mail. This technology mainly used for peer-to-peer money transfers, can also be extended to accomplish other forms of transfers. Blockchain technology can be used to buy and sell stocks. Real world stocks can be tokenized into digital stocks which can be easily transferred using peer-to-peer. These digital stocks act similar to digital currency whose price is real time and fluctuates. Stocks exchanged completely peer-to-peer could resolve many of the issues facing the stock market today, including high frequency trading and short sales.

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These advantages make Blockchain inevitable for the finance industry. With the growing importance of Blockchain technology, there would greater need for Blockchain experts and pursuing a career in this field will open the avenues of new opportunity. To enroll in becoming a certified Blockchain expert, you can connect with Blockchain Council. Two of the programs for which you can enroll are Certified Blockchain & KYC Professional training and Certified Blockchain & Finance Professional training. As a part of this program, you will get a complete insight into the application of Blockchain concepts in the finance sector

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