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2.3.2 Are Blockchain Business Models Really Needed?

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The Blockchain business models provide an opportunity to the centralized platform to upgrade their businesses into decentralization. It turns the individual elements, transactions, profits, and also assures growth. This technology has the potential to give benefit to both—actors and centralized employees. Before switching to the Blockchain models certain points should be memorized about it:

 Entrepreneur or startups or already established organization can implement the blockchain in their businesses.

 Not easy to delete records which are already on Blockchain.

 Blockchain’s main uniqueness is its transparency which helps in uplifting of the functioning of supply chain.

An application of this technology can be seen in the fourth industrial revolution where many firms have developed their own decentralization of Artificial intelligence model.

Blockchain for Business

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