Blockchain ecosystem enables business adoption across all industries
Blockchain can vastly alter the business landscape, improving existing processes and enabling new models for ownership and value transfer. Since the technology operates in a peer-to-peer fashion, transactions can be conducted autonomously, eliminating some of the intermediary costs typically incurred as assets move from one place to the next.
A single example of this is represented in the financial sector, where blockchain technology supports secured global money transfers with reduced complexity, fees and instantaneous results. Looking ahead to healthcare, the blockchain has also enabled the secure sharing of data for patient medical data and voting systems.
Although this technology’s growth has been in the makings for a while now, the COVID-19 pandemic has only acted to accelerate the need for businesses to shift from the brick-and-mortar mentality to one that is more digitized.
Unfortunately, adoption is still in its early days, with many businesses yet to understand what blockchain technology is and how it can help them accomplish their goals. This challenge is mainly noted across small and medium-sized businesses, who struggle to bridge this gap with the dominance of technical-level content flooding the industry. Therefore, making the technology more accessible will come down to providing proper guidance to use cases specific to business intent.
Operating with the mission to help businesses of all sizes understand how the blockchain works is blueskyINTEL (BSI), operating under the parent company Bluesky Digital Assets Corporation (BSDA) (traded under BTCWF-OTCMARKETS BTC-CSE).
While BSDA focuses on the team’s core crypto mining efforts, BSI exists as an organizational split focused on advanced R&D initiatives and
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