Blockchain benefits

Through intelligent contracts, the blockchain allows companies to make an exchange of data quickly and safely. What are its benefits?

1. Conciliation

The blockchain has the necessary information of the transaction so it minimizes the possibility of errors when posting items.

2. Efficiency

There are no intermediaries: the transaction is made between both parties directly. And thanks to the existence of the intelligent contract, it is sought that the transaction is as it is demanded in it so that both parties obtain the agreement.

3. Sale of data

Although not yet implemented, the security granted by the blockchain will allow this type of sales.

4. Challenges

This technology performs millions of transactions per second and is expected to be more and more as this system is perfected.

Fuente: Revista Gente Quintana Roo.