How A Blockchain Payment Processor Can Improve Industry Transactions
September 29, 2018
Blockchain technology first gained notoriety because of the use of cryptocurrencies, an application which typically only involved the flow of money. Most of the currency being transferred back and forth was essentially detached from the flow of goods.
For a while, many people simply held onto their crypto and treated it as an investment.
Now that companies are using blockchain to work in different areas, like supply chains, there’s both a flow of money going in one direction and a flow of goods in the other.
And linking the flow of goods and money becomes extremely important, because once it's been done, companies can to do things like automate payments or confirm transactions. In fact, it’s a natural progression for supply chain participants to adopt blockchain payment processors.
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