Blockchain and SaaS
Truly fascinating articles and links blockchain and SME
William Nicholls
Last Update 5 months ago
SME Blockchain and SaaS
Articles references by:
DHL, The world economic forum, Euro DNS, Built in, Knowledge Nile, Solulab,
Concensys, Geeks for geeks, MBA Montery bay.
Blockchain SaaS SME Synopsis
Blockchain is a decentralised digital ledger that securely records transactions across a network of computers. Each transaction is grouped into a "block," which is linked to previous blocks, forming a "chain." This structure ensures that once data is recorded, it cannot be altered or deleted, making it immutable and transparent.
Blockchain eliminates the need for intermediaries like banks by allowing peer-to-peer transactions, enhancing security through cryptographic techniques.
It has applications beyond cryptocurrencies, including supply chain management and secure data sharing
Blockchain SaaS SME Research articles
Financial Services: Enhances money transfers, reduces transaction costs, and enables peer-to-peer trading without intermediaries
Healthcare: Secures patient data, streamlines clinical trials, and ensures privacy through smart contracts
Supply Chain Management: Improves tracking and transparency of goods, preventing fraud and inefficiencies
Government: Enhances document security, voting integrity, and administrative efficiency
Digital Identity: Provides secure identification solutions for individuals lacking formal IDs
Smart Contracts: Automates agreements between parties without intermediaries
Overview
A non-fungible token (NFT) is a unique digital asset verified on a blockchain, representing ownership of specific items like art, music, or videos.
Unlike cryptocurrencies, NFTs are non-interchangeable, meaning each token has distinct properties and cannot be replaced by another.
NFTs can be traded and sold, but ownership does not automatically confer copyright or other legal rights over the associated digital files.
The NFT market has seen significant fluctuations, peaking in 2021 before experiencing a decline in activity.
AcademicNon-fungible tokens (NFTs) may initially sound like a fancy jargon, but they are actually rather simple to comprehend. Blockchain-based non-fungible tokens (NFTs) are digital items that are often linked to one-of-a-kind digital material, like music or photographs.
NFT collections are being produced by brands like Coca-Cola, Nike, and conventional artists like Damien Hirst and Grimes, as well as mainstream consumer goods businesses.
Individual NFTs may fetch millions or tens of millions of dollars
"Maltix SaaS has plans to decentralise their entire business model for SME"
CEO Maltix Ltd