As stated previously, blockchain technology promises to be the foundation for a secure transaction network that induces trust and security in industries that are plagued with systemic issues around trust and accountability. It aims to generate market and cost efficiencies.

In the past few years, as blockchain technology has come to maturity, we've focused on how enterprises and businesses can use the technology to relieve pain points and herald new business models. Organizations that have begun to see blockchain's potential are now beginning to reshape business networks that are burdened by the systemic costs of archaic processes, paperwork, and technology.