How can blockchain reduce business risks and increase trust
Blockchain and smartcontract will be very good, because it is hard to change! Most likely it will not happen unless there are too big impacts 
Topic: Blockchain and trust - page 3. (Read 371 times)
Records of transactions can be accessed by anyone who wish to view it hence improving transparency among companies and people. Trust will therefore be established because thefts and frauds will be eradicated. Aside from that, implementing blockchain technology allows less onerous auditing jobs which therefore decrease the labor cost for companies. Furthermore, the use of smart contracts reduce cost for tangible contracts and are more unsusceptible to damage nor destruction.
As i know blockchain technology offer transparancy and fair system, because this technology avoid third party so every transaction only make between sender and receiver.
How can blockchain reduce business risks and increase trust
It reduce business risk and create trust because blockchain cannot be reproduce or create another copy. For example if you implement land registration in blockchain, you can automatically see would is the real owner of the land. If he sell it or transfer the title, you can check if he is the real owner or if he already sell it to other person. Blockchain can increase the transparency between enterprises.
People can find all kinds of information about transaction information directly in the block browser, so I think this will solve the problem of transparency.
Yeah that's right, there's many information that we will found and to have a knowledge about the transactions online. People can find all kinds of information about transaction information directly in the block browser, so I think this will solve the problem of transparency.
I think Blockchain can increase trust and transparency in the company. this is very important for the future. in order to solve the existing problem.
How can blockchain reduce business risks and increase trust
With blockchain smart contract, a company can experience much more transparency in the records of money transaction. With that it can increase the trust of the company as well for the investors because they can just search the address and they will see complete transaction made by that address.
Blockchain can increase the transparency between enterprises.
People can find all kinds of information about transaction information directly in the block browser, so I think this will solve the problem of transparency.
People can find all kinds of information about transaction information directly in the block browser, so I think this will solve the problem of transparency.
I think smart contracts will improve trust and transparency in companies. This is one of the main reasons we're gonna start seeing gambling startups use blockchain/smart contracts I think.
How can blockchain reduce business risks and increase trust
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