New study helps global multinational corporations weigh pros and cons of implementing blockchain technology

New study helps global multinational corporations weigh pros and cons of implementing blockchain technology

Blockchain technology has become one of the most hyped advancements in recent years, but there hasn’t been a clear understanding of the potential tradeoffs for its use by multinational corporations (MNCs). A new study published in the Global Strategy Journal provides a better understanding of blockchain merits and drawbacks by focusing on three particular applications of the technology in this sector: financial transactions, collaboration, and data analytics. Blockchain technology has become one of the most hyped advancements in recent years, but there hasn’t been a clear understanding of the potential tradeoffs for its use by multinational corporations (MNCs). A new study published in the Global Strategy Journal provides a better understanding of blockchain merits and drawbacks by focusing on three particular applications of the technology in this sector: financial transactions, collaboration, and data analytics. Economics & Business Phys.org – latest science and technology news stories

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