Challenges, Benefits and How Businesses Can Adopt Blockchain

Blockchain is changing the world

The blockchain is a distributed ledger that records transactions in a permanent and verifiable way. This technology enables people to transfer money and other assets to each other without the need for an intermediary like a bank. Blockchain helps us get rid of the middleman, which can save us time and money. It also has many more benefits, especially for businesses.

For example, it offers transparency by allowing organizations to track transactions on a ledger in real time. It also offers security because it stores data in an encrypted form that cannot be altered or hacked without authorization. Furthermore, blockchain eliminates the need for third-party intermediaries by providing autonomous transactions between two parties without needing a central authority that regulates these transactions.

As some of you might know, I am doing lots of work in this area, especially in the area of tokenomics. The Tesseract Academy is also involved in lots of blockchain work, from research & development to implementation. I had the opportunity to participate in a podcast interview where we talked about the challenges and benefits of blockchain, and how businesses can go about implementing it.

You can listen to the podcast here: Podcast interview with Dr Kampakis: Challenges, benefits and how businesses can adopt blockchain.