I read another one this morning, another article speaking of a company implementing blockchain tech. This time it was an insurance company. The type of company doesn’t really matter, I’ve read many such articles and the market sector varies between insurance companies, logistics companies, banks, medical companies etc. each making its own chain.
The immediate question which comes to mind is: “How will this affect cryptocurrencies?”, which is what I will answer today.
Private blockchains: Good or Bad?
Good.
Next Question please.
Why?
Private blockchains have much to offer the corporate world. I like the fact that every bank transaction I’ve ever made can be called