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6 Industries Are Using Blockchain to Gain a Competitive Advantage

The blockchain technology will revolutionize every industry. First movers will have the distinct advantage of figuring out however blockchain technology will get their business to the next level. They’ll also figure out previous their competition does the challenges that come with any new IT integration. Let’s see our PPT which briefs you about 6 industries are using blockchain to gain a competitive advantage.

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6 Industries Are Using Blockchain to Gain a Competitive Advantage

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  1. 6 Industries Are Using Blockchain to Gain a Competitive Advantage

  2. While people debate the benefits & pitfalls of cryptocurrency. • The blockchain technology that underlies these currencies is taking the main stage. • That's understandable, as blockchain is a must-have in and of itself for creating competitive advantage.

  3. Several Industries are Realizing its Potential & Implementation of This Technology Fund Administration. Information Services. Real estate. Banking. Escrow.

  4. Fund Administration • Fund administrator is an outsourced third party service provider that protects the interests of investors by independently verifying the assets and valuation of the fund. • By outsourcing the fund administration function, fund managers are allowed the freedom to focus on portfolio management internally.

  5. Information Services • The Internet is a necessity we heavily rely on these days. Shopping, travel plans, banking, business, and much more is preferred through the internet. • All the top organization around the globe have an online presence. • With the help of blockchain, the problem of load speeds can be reduced to a point of extinction.

  6. Real estate • Real estate dealings involve many individuals including buyers, sellers, agents, and brokers. • The process of acquiring properties, contracts, agreements, title, and escrow is slow and tedious. • Blockchain can reduce that risk and increase trust in a number of ways. • Home purchases, most people rely on title companies to verify real estate transactions and ownership.

  7. Banking • Banks can benefit the most from blockchain. From the banking perspective, other banks, accounts, insurances, and exchanges can be accessed via a single platform. • Users will also have all their sensitive transactions ran through a secure decentralized system which is more user-friendly.

  8. Escrow • Blockchain can entirely eliminate slow escrow transactions. • Escrow is a slow process with intermediaries involved and things take time to happen because of the third party involved. • Blockchain can also make escrow a thing of the past, not just for real estate, but for all industries that work with any kind of escrow middleman.

  9. Are You Looking for a Blockchain App Developer? Contact Us https://www.consagous.com/blockchain-services/ https://www.consagous.com/ info@consagous.com

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