What Would Your Business Look Like with the Blockchain?

By Sandra Quinn

If you are in business, no matter what sector or industry, it is time to consider incorporating blockchain technology into your daily dealings in order to increase efficiency, productivity and more.

  • Let’s bring blockchain technology into the seller’s market. At the moment, when you buy something online from someone, unlike physically buying something in a store, you are handing over your hard earned cash long before you receive your purchase and you are very much exposed, vulnerable and open to losing your money and receiving no goods in return. With the blockchain, the payment is held until the item is shipped and this protects both the buyer and seller. The seller does not face the risk of not getting paid, while the buyer is not facing the risk of losing their money.
  • Bringing our examples into the realm of precious gems for instance, verifying authenticity can be an issue, but no longer thanks to the blockchain. With goods being shipped from all over the world to and from the most remote of locations, the geographical distances between a manufacturer or source and the seller is even more vast than before. Through the blockchain, companies can verify the legitimacy of every part of the supply chain process helping both the buyer and manufacturer, as the authentication of a project will never have to be questioned.
  • Cryptocurrency and bitcoin could be incorporated into world of payroll by paying international workers in this way, which would save time and money for both the employer and employee.
  • Cryptocurrency and bitcoin could be incorporated into world of payroll by paying international workers in this way, which would save time and money for both the employer and employee.

Horizon licenses and operates global securities exchanges.

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