Blockchain technology is one of the most important technological trends in the coming years, and therefore many companies seek to take advantage of it, to gain a competitive advantage in the market.

A survey by Deloitte found that 84% of executives working in various industries believe that blockchain as a scalable technology will become popular in the coming years, and that failure to adopt it will result in the loss of an important competitive advantage. % Of them plan to replace their existing record systems with blockchain technology.

When it comes to the success of small businesses, and growing growth, they must be involved in the latest digital trends that help. There are many ways small businesses can use blockchain from reliable sources such as Microsoft and Oracle.

The Microsoft Azure cloud service that supports blockchain can be exploited through a service known as the Azure Blockchain Service Preview, which allows companies to build, manage, and expand consortium blockchain networks to collaborate more efficiently, increase sales, reduce dependence on banks, and create a model. New business, as this service can help provide more transparency, clarity in the ever-changing financial landscape.

The Oracle Blockchain Platform, which expands your business processes and applications while enabling you to process transactions much faster, enables you to create and run smart contracts, keep your Distributed Ledger – one of your core accounting records – and protect it from tampering with an independently installable, built-in version On Docker containers. Identity verification can also be combined with an intelligent IT system and plug and play integrations. You can reduce costs and risks with this reliable tool.

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