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
-
56% of Fortune 500 Firms Pursue Crypto and Blockchain Projects, Says Coinbase
A Coinbase report reveals that cryptocurrency and blockchain initiatives... -
Hunters On-Chain Revolutionizes Blockchain Gaming with NFT Integration
Hunters On-Chain, a blockchain-based battle royale game, is making waves in... -
BNB Chain and Binance Labs Unveil BNB Incubation Alliance to Boost Blockchain Innovation
BNB Chain and Binance Labs have announced the launch of the...