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RE: Steemit Crypto Academy Contest / S2W3 - Blockchain in our lives. by @emmy7924

in SteemitCryptoAcademy2 years ago

Blockchain will increase business efficiency:
In adopting the use of blockchain in everyday life, business efficiency will sure be increase and more better chances of earning money will be open for everyone.

Because of the transparency that comce with Blockchain technology, Blockchain technology help improving trust and willingness a Customer would want to patronize a trader, business or organization.

For example: if I want to by a phone and they are two different e-commarce site that sells their phone, if site A is centralized and site B is Decentralized Blockchain, I would gladly chose the organization with a Decentralized systems because it more transparent.

Product Provenance: Blockchain technology is impacting the world by making sure that customers get what they pay for.

In a well developed Blockchain technology no party can cheat the other party because the smart Contact ensure all party gets their share evenly.

Thanks for sharing such awesome knowledge

wishing you success.