WHAT IS THE ROLE OF BLOCKCHAIN IN BUSINESS INTELLIGENCE?
In today’s modern world, many of us have heard about blockchain and how it benefited other people and start wondering whether it will benefit you or not, or is it secure enough? And many such questions arise in your mind. As of now, blockchain has been adopted by many businesses and people. The ledger functionality of blockchain is considered to be efficient, distributive, and very secure. Your data, which is present in the systems under blockchain, is stored in blocks forming a secure chain powered by cryptographic strings. Hence, the name blockchain. Let us see some of the real-time uses of blockchain: It is used to transfer money from one user to another within seconds. Locating the items supplied from a seller to another. Managing the supply chain becomes an easier task. Digital IDs can be made for the employees of a company. Some companies use to run loyalty programs based on blockchain. Hospitals and medical institutions use blockchain for recordkeeping. Trading is simplifi...