Individuals have direct control of their assets and information, and not relying on a single entity such as large organizations which usually demand a hefty amount to safe keep your assets. This helps to reduce cost for your business.
Utilizing cryptography, transactions stored in a blockchain cannot be modified or forged. This ensures all your transactions with partners, suppliers and customers are well protected, thus reducing risks for your business.
Improves transparency and traceability
Blockchain's open and immutable nature ensures the actual transactions are recorded accurately and can easily be traced, providing your business with a reliable audit trail.