Right now, the kind of fully digital end-to-end systems that smart contracts enable are the province of the world’s biggest companies. With scale and deep pockets, big companies have built integrated systems without blockchains. However, because they are highly customized and built on private systems, they are too costly and complex for most smaller firms to manage. As blockchain access spreads through the business world, we will see more than just efficiency, we will see a more level playing field between small firms and large enterprises.
Related posts
-
Blockchain News: Everything You Need to Know About New Cryptocurrency The Deep State ($DST)
In a cryptocurrency market often dominated by established giants like Bitcoin and Ethereum, a new contender... -
Dutch Regulator AFM Approves Payments Platform ZBD for EU MiCA License
ZBD, a payment platform powered by the Bitcoin Lightning network, said the Dutch Authority for the... -
Blockchain TVL Trends: Bitcoin, Ethereum, and Hyperliquid See Significant Inflows
Bitcoin, Ethereum, and Hyperliquid saw significant TVL increases in the past week driven by strong investor...