People associate blockchain technology with bitcoin and other cryptocurrencies only. Its potential in other applications has largely remained untapped. Undoubtedly, people have admired technology as a key to financial transactions, and it is obviously a huge achievement.

But realizing its power and adopting it in various other useful applications for small business is essential. It is important to understand that technology is a boon for us. It has immense significance. In the article, I have discussed some other applications too, where blockchain technology can be used to make small business operations more effective and efficient.

Most businesses are still away from recognizing the scope of blockchain technology in transforming their business and seeking a competitive edge. 

However, I have bought you an article about how blockchain technology is transforming the small business to improve the working model of the organizations. Blockchain has come a long way beyond just being known for cryptocurrency for financial transactions.

Check out how blockchain technology is useful for small businesses

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Source: Mfidie