A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions. It allows market participants to keep track of digital currency transactions without central recordkeeping. Currently, the technology is primarily used to verify transactions, within digital currencies though it is possible to digitize, code and insert practically any document into the blockchain.
Doing so creates an indelible record that cannot be changed, here are some advantages:
-Reduce costs of trust and coordination with external parties.
-Unlock new business models through multi-sided markets and digital assets.
-Improve business network accountability and operational efficiency.
-Future-proof businesses against antiquated process models.
Blockchain Industry Applications
-Media & Entertainment
-Banking & Finance
At Axon our blockchain expertise helps our clients to develop disruptive solutions by applying blockchain technology to their businesses. We provide blockchain application architecture, development, and integrated software services. We also provide operational support solutions that make P2P transactions more secure, transparent and cost-effective.