Blockchain Technology is the talk of the town these days and integrating the tech into your business can be advantageous. However, enterprises should weigh their options wisely. The technology can drastically help reduce cost, increase revenue and eliminate the need of a middle-man. But as it is still relatively new and untested, blockchain’s benefits come at the expense of speed of transaction. For now.. 😉
Let us take a look at several conditions that can help you decide whether blockchain technology is truly needed in your business.