Blockchain is a decentralized and distributed digital ledger that provides a permanent and immutable record for transactions if you’re unfamiliar. This article will give an overview of what blockchain technology is, how it can be used in your start-up organization, and why start-ups should consider looking into the advantages of incorporating this new technology.
1. Virtual marketplaces
Perhaps the most prominent use of blockchain currently is virtual goods and exchange. The most well-known of these companies are virtual currency exchanges, like Coinbase and Bittrex, which allow people to exchange a wide variety of virtual goods through this technology.
