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How Blockchain Will Influence Business by wavesplatform

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cryptocurrency · @wavesplatform ·
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How Blockchain Will Influence Business
![How Blockchain Will Influence Business](https://steemitimages.com/DQmbN9LEjwJzNztAhKUB3A7iPtWPLc182ieNg5b4picT7gA/MARK-339_influence.png)

*Blockchain technology is here to stay — hardly anybody would doubt that. Yet public opinion currently most closely associates blockchain with cryptocurrencies and ICOs, so the potential of various technological benefits both for people and business is distorted. We have already spoken about the benefits of blockchain for the people, so let’s switch to the opportunities that blockchain brings for businesses.*

No matter what size your company is, [blockchain solutions](https://steemit.com/cryptocurrency/@wavesplatform/the-future-of-blockchain) will provide you with capabilities for easing (and even eliminating) most of the annoying routine procedures, enhancing your overall business model and increasing profits. As it was already said in the article “[How to Invest in an ICO](https://steemit.com/cryptocurrency/@wavesplatform/how-to-invest-in-an-ico)”, blockchain does not perform miracles or provide you with cheat codes to hack the realities of doing business. It is a system with a set of tools that make investing and doing business more efficient. The question is who uses these tools, and how. 

To start, let’s draw a distinction between three ways in which blockchain solutions are being implemented in business now. The first implies that conventional companies — predominantly large ones — are redesigning their current structures, gradually implementing blockchain instruments. For example, FedEx is testing a new blockchain tracking system. Another example is Walmart and IBM launching a blockchain Food Safety Alliance for the Chinese market. 

![Blockchain Use Cases By Types Of Business](https://steemitimages.com/DQmTdqcGvyugGrrtrKGPvFxxd36ZAM6xWdh99UBBZdWVAfh/1920%D1%851080_2.jpg)

In both cases, there’s a centralized entity — FedEx and Walmart — but the services it provides are far more secure, transparent and faster than today’s traditional solutions​ since the two utilize blockchain technology. (The best comparison from the blockchain world itself is the [Waves decentralized exchange](https://wavesplatform.com/product/dex), within which tokens are traded trustlessly, whilst the process is underpinned by a centralized matcher.) Blockchain instruments, used by large companies, run on smart contract mechanisms and decentralized data distribution, meaning any action is executed at the right time and any entity is totally traceable, providing businesses with a significant reduction in operational costs and real-time data updates.

![Blockchain Use Cases By Types Of Business](https://steemitimages.com/DQmeNoVa594VA1xiVrrRS8whhW7YUXLYL7rjrRoGC5YDkai/1920%D1%851080_3.jpg)

Another set of applications involves the creation of completely decentralized services from the ground up. In this case, you can choose between FedEx, that uses blockchain in its services, or a DApp (decentralized application), that lets literally anyone be a delivery agent, just as anyone can be a cab driver with Uber. The key difference between a DApp and a traditional App is a higher level of security and transparency. A DApp is based on the use of smart contracts, which cannot be tampered with. Transactions within smart contracts are immediately executed when all the conditions of the deal are met. Also, services can be evaluated by voting on the blockchain — a fraud-proof and open voting mechanism.

Finally, there will be conservative businesses that simply use out-of-the-box blockchain instruments without implementing them in their core structures.

![Blockchain Use Cases By Types Of Business](https://steemitimages.com/DQmVdp3qtxCqtCoFRYB2DLchGDZ89gVskmKXLvqqCHwkUVD/1920%D1%851080.jpg)

To sum up, in the future we will see the emergence of the following types of businesses:

* Conventional businesses that use ready-made blockchain solutions without incorporating them directly into​ company’s structure/model: they will use existing DApps/blockchain businesses as contractors and providers of services.
* Centralized businesses, with an existing structure, that utilize in-house/co-developed blockchain instruments: while remaining centralized in structure, they will alter their business and management schemes by implementing blockchain solutions, exclusively designed for the company’s needs.
* Fully decentralized business platforms within which anyone can become a service provider.

The fact that large corporations are adopting blockchain is nothing special. What’s more important is that​ being low-cost, secure and easily accessible, blockchain solutions are already offering high-quality new perspectives for small and medium business development. If you realize the importance of adapting to new business realities, you should definitely hop on the train of the blockchain revolution. Read more about the areas of business that are being influenced by blockchain here: “[The Future of DApps](https://steemit.com/cryptocurrency/@wavesplatform/the-future-of-dapps)”.

***

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@abhinavramesh12 · 
Many large corps have already implemented blockchain technology in supply management.
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@adequategrip20 · 
SophiaTX will help you to prove that blockchain is really matters in businesses. They striving to develop the opportunities of enterprise applications with the trust and security that begins with blockchain technology. If you have spare time try to read this article:
http://www.hodlerxl.com/sophiatx/sophiatx-the-blockchain-for-business/
👎  
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@apb111 · 
Great information and simplification of blockchain. Many can recite the word but few understand it fully. thank you for the explanation.
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@arion6868 · 
good sharing, thank you so much..
really looking forward about future business
👍  
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@deuceace · 
The institutional money, angel investors, commercial banks, corner store businesses are to afraid to take action and be apart in this particular advancing  market until regulations and more awareness & adoption of cryptos is occurring.
👍  
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@discoversteem · (edited)
<html><html><html><html><html><h4>We recommended this post <strong><a href="https://steemit.com/vincentb/@gentstudent/the-best-company-to-learn-forex-cryptocurrency-from-0-to-100">here</a></strong>, <strong><a href="https://steemit.com/cryptocurrency/@elpompador/all-in-one-cryptocurrency-hard-wallet-with-gps">here</a></strong>, <strong><a href="https://steemit.com/cryptocurrency/@doctorspence/24-hour-change-top-30-cryptocurrency-steem-price-and-chart-april-12-2018">here</a></strong> and <strong><a href="https://steemit.com/steem/@danyelk/caution-withdraw-issues-with-steem-and-sbd-at-bittrex-interview-with-the-medichain-ceo-dr-mark-baker">here</a></strong>.</h4><p></p><blockquote>We are <a href="https://steemit.com/@discoversteem">Discover Steem</a>, if you like our work consider giving us an <strong>upvote</strong>. :) If you don't wish to receive recommendations under your posts and to be recommended, reply with <strong>STOP</strong>.</blockquote></html>
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@djlakhany · 
It already has influenced everything and in a way, which is very much visible! But it won’t stop here, as it will be the way of the future! More and more industries are joining in hands and one latest addition is Ether.Online. It is a Cryptogame that is developed based upon the World of Virtual heroes, pets, and thousands of items. 

They are having the presale and it is the ONLY time to purchase pets. No one will be able to purchase it after Official Launch and can only be brought through marketplace. So, join now and have a chance to earn profits by this epic game! https://ether.online/
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@freeanarchy · 
https://steemit.com/cryptocurrency/@freeanarchy/free-cloud-mining-is-actually-a-thing-in-2018
👍  
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vote details (1)
@georgeforeham · 
Great article and very informative, thanks for sharing. I've smashed the upvote button for you!

If you are looking to get hold of some crypto without investing or mining, look into https://www.crowdholding.com. They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.
👍  
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@innoachukwu · 
Blockchain is truly here to stay.
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@madpuppy · 
https://steemitimages.com/DQmP6XyEEaeWziX1HVhzBqPg1d52Pczu3Y7MgJCMyNYMxkx/image.png

**You have received a @GrumpyCat flag** because you or someone else sent money to buy votes from an irresponsible non-GrumpyCompliant service.

Some bots are acting irresponsibly by selling votes on posts very close to final payout.  These votes are sneaky, not promotion and are most of the time placed on low value content.

Sending money to these bots is also financially supporting for-profit only posters (spammers).

To know what voting bot to use, refer to https://steembottracker.com/ and use those that have 3.5 day or less in the "Max Age" column.

@sneaky-ninja (by @michaeldavid) is reporting 6 day but is actually selling votes up until 6.4 days.

**Important warning,** since @sneaky-ninja has made no effort to comply in 3 months, it's vote will still be countered even should he improve his Max Age setting.

### [Learn more ...](https://steemit.com/abuse/@grumpycat/non-gumpycompliant-vote-sellers-are-now-to-be-used-exclusively-to-profit-from-the-reward-pool)
👍  
👎  , , , , , , , , , , , , , , , , , , , , , , , , ,
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@molokwu · 
Can this exchange be used worldwide ( Nigeria in specific)   or is it country specific.  

Also,  can tokens gotten from airdrop be traded in it also?
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@sneaky-ninja ·
re-wavesplatform-how-blockchain-will-influence-business-20180412t105844929z
<center>![sneaky-ninja-sword-xs.jpg](https://steemitimages.com/DQmde7XXhkKjmxyqBbBPTwkaiuXXrtQe6qXoWmCDZL1nD2B/sneaky-ninja-sword-xs.jpg)</center>
<center>Sneaky Ninja Attack! You have just been defended with a 49.75% upvote!
I was summoned by @wavesplatform. I have done their bidding and now I will vanish...</center>
<br>

<center>woosh</center>
A portion of the proceeds from your bid was used in support of youarehope and tarc.
--------------
[Abuse Policy]( https://steemit.com/steemit/@sneaky-ninja/new-sneaky-ninja-abuse-policy-must-read-for-all-users)
[Rules]( https://steemit.com/steemit/@sneaky-ninja/sneaky-ninja-reminder-of-rules)
[How to use Sneaky Ninja]( https://steemit.com/steemit/@sneaky-ninja/reminder-how-to-use-sneaky-ninja)
[How it works]( https://steemit.com/steemit/@sneaky-ninja/sneaky-ninja-reminder-of-how-he-works-vote-worth-usd160-now)
[Victim of grumpycat?](https://steemit.com/we-resist/@firedream/resistance-started)</center>
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@sreecanvas · 
Good news.Being low-cost, secure and easily accessible, blockchain solutions are offering high-quality new perspectives for small and medium business development.This is going to change the entire business scenario in upcoming time.
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@the-resistance ·
re-wavesplatform-how-blockchain-will-influence-business-20180413t055201012z
 We Are The-Resistance: 
We have seen that @grumpycat or his alt @madpuppy has flagged your post. 
You are not alone. He also: 
- flags innocent people and calls them "collateral damage"
- tries to impose his rules by using his SP on those weaker than him
- rejects all diplomatic proposals presented
@the-resistance has upvoted you to help heal the damage he has done to you in an effort to protect people like yourself. 
Join our bot we-resist to help protect others ....https://we-resist-bot.herokuapp.com 
Come to meet with the community ... https://discord.gg/qMWCbWR
https://s17.postimg.org/farzjgu1r/theresistancelogo.jpg   

@GrumpyCat: you can avoid ever seeing this message again when you STOP attacking innocents. 
Love: @the-resistance
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@transparencybot · (edited)
<h3>This post, with over $50.00 in payouts, has received votes from the following bidbots.</h3>

upme payout in the amount of $53.89 USD.
smartsteem payout in the amount of $53.87 USD.
promobot payout in the amount of $35.84 USD.
upmewhale payout in the amount of $19.87 USD.
sneaky-ninja payout in the amount of $18.03 USD.

**For a total calculated bidbot upvote value in the amount of $181.50 USD.**

This information is being presented in the interest of transparency on our platform @wavesplatform **and is by no means a judgement of your work.**
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@upmewhale ·
re-wavesplatform-how-blockchain-will-influence-business-20180412t110505126z
You got a 60.45% upvote from @upmewhale courtesy of @wavesplatform!

Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!
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@wiredelta · 
As far as I read, I think we are heading in the right direction, especially now that DApps begin to gain popularity. More and more good people write great articles like this one, and people learn. It may take a little while longer, but together we can educate the world.
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