Application of Blockchain in Service Sector
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Block chain technology- a mechanism created to enhance the bitcoin viability of trust among users, is today the most applied technology in all business sectors. A part of the fourth industrial revolution since the steam engine was invented, the usage of block chain technologies in various business domains as a problem-solving technology has today created a flurry of technological disruptions in many platforms for varied purposes. The decentralised structure of block chain and its robustness gives undue advantage of its application in human resources, finance, marketing, supply chain and other ...
Block chain technology- a mechanism created to enhance the bitcoin viability of trust among users, is today the most applied technology in all business sectors. A part of the fourth industrial revolution since the steam engine was invented, the usage of block chain technologies in various business domains as a problem-solving technology has today created a flurry of technological disruptions in many platforms for varied purposes. The decentralised structure of block chain and its robustness gives undue advantage of its application in human resources, finance, marketing, supply chain and other similar functions in almost all industry sectors including agriculture. The purpose of this book is to show a panorama of the cutting-edge application of block chain technology in various functional domains of industries and organisation. The existence of large organisations and high-power structure institution's existence could be threatened by the potentials of block chain technology. Blockchain, even though a very promising and of great potential having good flexibility of application usage in several sectors, is still immature, at infancy & hard to apply due to its complexity.
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