Role of Blockchains in Business The Role of Blockchains in Business
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Abstract
What are the areas in the corporate sector where blockchain technology is useful? This innovation helps to shape business life in different parts of the world. It can revolutionize many areas, including supply chain, food distribution, financial services and retail. Several European and global companies use this technology. It is also an increasingly common solution in Hungary in order to improve business efficiency and effectiveness. Blockchain technology is presented in the study, and a comprehensive picture of the existence of blockchains in business life is created, both internationally and domestically, by touching on the above-mentioned areas.
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