The inception of new technologies has always been cataloged as a disruptor. There has never been such a technology that can carry the ability to disrupt ordinary business practices around the globe. Blockchain technology applications have only recently come to light, but are becoming more relevant and its potential only continues to grow. The wide use of Blockchain has been recorded also in the startup-up and SMEs companies and the booms are yet to come.
There are many ways in which businesses can already use blockchain and they depend on the industry in which they operate. In the real estate industry, there are marketplaces for renting or selling properties on blockchain-based P2P marketplaces. The same goes for the insurance industry, where blockchain-based applications already manage claims. The hype goes on and we can see the use of blockchain-based security applications in the IoT industry.
We must also mention logistics, where companies can tap into blockchain-based platforms that monitor and track freight movement. The list goes on and we are seeing these implementations on a daily base.
Small businesses can get ahead, innovate and build an edge with blockchain transformation by using blockchain-based services as well as creating their own apps on top of blockchain – decentralized apps, or DApps. Finally, businesses can already use smart contracts to regulate and govern relationships and agreements with other entities.
Most importantly, we can see that the biggest way in which blockchain technology is going to revolutionize SMEs is its ability to develop smart contracts. All thanks to smart contracts, remote and autonomous consensus between two parties can be done through a single click on a self-reliant infrastructure that can help SMEs grow beyond their wildest imagination.
As a decentralized system, there is no need to pay intermediaries and both the enterprise and the consumer save a lot of money. Plus, the fact that blockchains are immutable makes it a lot more secure than traditional systems.
The organizers of PICANTE Tech Conference Europe are putting together a panel discussion that will focus on this revolutionary new trend can positively impact your Start-up/SME and what implications it will have for the future.
The panel discussion will be joined by Alexandra Karpova (Sasha), Co-Founder & CEO at Millennium Communications, who will bring the latest information about the widespread use of Blockchain.
About Alexandra Karpova
Alexandra is the CEO of Crypto PR Lab, the top blockchain and cryptocurrency public relations firm. She has eight years of experience in leadership roles in blockchain, finance, real estate, luxury concierge management, and marketing in New York. She managed a real-estate rental agency as well as founded Millennium Communications. She worked for top brands Morgan Stanley, CITI, Douglas Elliman Real Estate and luxury concierge LVH Global. Alexandra brings her knowledge of business and an extensive network of high-net-worth individuals eager to invest in new projects to Millenium Communications. She holds a bachelor’s degree in finance and economics from Baruch College, NY.
PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.