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28 Views· 30 January 2023

How Blockchain will change the economy radically?

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Mbiloitte Technologies
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⁣Blockchain has the potential to cut costs, speed up transactions and promote greater financial inclusion by streamlining cross-border and remittance payments.

Blockchain technology promises a secure, peer-to-peer mechanism for verifying information.

One particular application is the use of blockchain for instant money transfers between countries without large fees and delays.

When focusing on blockchain and economic development, these are the foremost industry that takes the limelight

Banking and Financial Services
Real Estate
Education
Retail
Transport and Ride Sharing
Logistics and Supply Chain Management
Agriculture
Cybersecurity
Gaming and Video Streaming
Cryptocurrency Exchange
Crowdfunding and Venture Capital
Government and Public Records
Charity and Aid Organizations
Gift Cards and Loyalty Program

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#blockchain #blockchaintechnology #economy #mobiloitte

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