Consisting of a distributed and decentralised digital ledger, though the blockchain is often associated with cryptocurrencies like Bitcoin, in reality, wherever you require safe transactions, the technology may be used with phenomenal results. After all, it is resistant to data modification and leads to a host of ingenious possibilities:
Notable vendors offering platforms for the blockchain include IBM, Etherium and others.
As with any other software technology, the blockchain should be fit for purpose. We recommend its application in the following areas: