1. Banks, supply chains and even small startups on a daily basis are using blockchain technology to secure their most precious data. Some are keeping a traditional data base for non essential data and using blockchain tech to protect sensitive data.The correct setup makes the data unhackable in a world constantly threatened by daily data breeches. This saves money from litigation and builds trust between companies and customers.
2 If your competition has an unhackable system for storing your customers data that you don't have, it will put you at a disadvantage . The public is slowly becoming aware of these benefits and soon will demand it, so It's not a bad idea to stay ahead of the curve. 3. The provenance that the blockchain provides cuts down on clerical errors, time spent auditing and reduces customer service issues because your solution can be set up to allow customs to track transactions that before blockchain tech was was hidden behind the scenes. Your customers won't have to wonder what is happening, suppliers and vendors will have one shared ledger cutting down on doubt on where critical transactions are in your process without having to pickup the phone and call.
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