Online Cashless Payments Southeast Asia | BlocnationOnline Cashless Payments Southeast Asia | BlocnationOnline Cashless Payments Southeast Asia | BlocnationOnline Cashless Payments Southeast Asia | Blocnation
  • Timeline
  • Team
  • FAQs
  • Press Blog
  • Wallet
  • Careers
  • Media
  • Whitepaper
  • Roadmap

5 Reasons to Adapt Blockchain Technology

    Home Blocnation 5 Reasons to Adapt Blockchain Technology
    NextPrevious

    5 Reasons to Adapt Blockchain Technology

    By blocnation | Blocnation, Recent Events | 27 June, 2018 | 5

    The last few years have been phenomenal for blockchain technology. It has made things easy for companies to move payments and manage financial transactions without having to worry about hefty fees and other formalities. If you not convinced, we list five reasons you may want to adapt to this technology:

    It helps prevent identity theft

    Digital transactions can be secured thanks to sophisticated encryptions that make the blockchain entity almost un-hackable. This translates into zero fraud. All blockchain transactions between cashless payment wallets can calculate an accurate balance and check if the coins used belong to the current user.

    It is for these reasons event organizers across Southeast Asia prefer our pay bracelets and other systems of cashless payment.

    Opens markets

    This technology opens markets for manufacturing and helps companies sell their products without compromising on their intellectual property rights. It ensures that the metadata of any substance can be stored by the rightful owners on the blockchain.

    Blockchain technology promotes transparency

    A typical transfer using blockchain technology goes through a central ledger where data is publicly visible to anyone who can access it. This helps create trust because everyone, including employees and clients, can access information, once a transaction has taken place.

    Transacting with international clients becomes easy

    If your business involves dealing with international financial transactions, blockchain technology can help pay and receive payments quickly, without paying transaction fees. Adapting to cryptocurrencies helps businesses become more open towards globalization.

    Data Security

    The best thing about adapting to blockchain technology is that it keeps data safe from a hacker, not only regarding protecting financial transactions but also towards storing and transferring customer information.

    Agreed, blockchain is still a growing technology, but it has tremendous potential and can definitely change the way things work in the business world.

    No tags.

    Related Post

    • Community Update!

      By blocnation | 0 comment

      To our dear Blocnation Community! Hope everyone is doing well. First, the whole team at Blocnation would like to express our sincerest thanks to all of you for your patience and continued support! You guysRead more

    • BLOCNATION 2.0 UPDATE

      By blocnation | 0 comment

      Background & Market Conditions  Considering the current market conditions, bitcoin at an all-time low, the Blocnation management in the past weeks decided to review its initial strategy. In Particular several key decisions were made: CrowdfundRead more

    • 3 Reasons You Should Opt for Pay Bracelets for Events

      By blocnation | 0 comment

      Cash is hardly a favorite at events and festivals; organizers usually prefer plastic tokens or something similar as a currency to help guests buy food, drinks, and enter other facilities. But what if you couldRead more

    • First event partner!

      By blocnation | 0 comment

      Blocnation has the pleasure to announce its first client, Ignite.ph. This will take place July 16-17, 2018 in Manila, Philippines. About Ignite.ph Innovation requires integration. This is why we created Ignite, a celebration of ideasRead more

    • China’s Ministry of Industry and Information Technology

      By blocnation | 0 comment

      China’s Ministry of Industry and Information Technology ranks Blocnation partner Komodo blockchain platform in the Top 5 The future of digital payment processing has yet again gone to another level with Blocnation’s technology partner, Komodo,Read more

    • What Issues Does Cryptocurrency Seek To Solve?

      By blocnation | 0 comment

      Problems Cryptocurrency Will Solve in Emerging Markets Here are a few prominent issues and how blockchain technology could benefit cryptocurrency users. 1. Cross-Border Payments: Having a cryptocurrency allows users to make secure cashless transactions withoutRead more

    • BlocNation Enables Cryptocurrency Transactions For Non-Bankers

      By blocnation | 0 comment

      Learn how BlocNation’s cryptocurrency transaction offers financial services to event goers by using the blockchain technology. Converting Offline Cashless Users to Cryptocurrency Currencies vary from country to country to match economic realities that are uniqueRead more

    • How To Activate BNTN Wallet

      By blocnation | 0 comment

      Download and install the latest Agama Wallet by Komodo Platform. Open Agama and click Activate Coin Open Agama and select Blocnation (BNTN) Select Create New Wallet Save seed and paste it in the bottom spaceRead more

    NextPrevious

    Recent Posts

    • Community Update!
    • BLOCNATION 2.0 UPDATE
    • 5 Reasons to Adapt Blockchain Technology
    • 3 Reasons You Should Opt for Pay Bracelets for Events
    • First event partner!

    Disclaimer: please note, in case of erroneous translations, the English Whitepaper shall be considered to be the controlling document.

    Read our TERMS & CONDITIONS before contributing to the Blocnation dICO.

    Created by SEO Website Designs

    Copyright 2018 Blocnation.io | All Rights Reserved

    • Timeline
    • Team
    • FAQs
    • Press Blog
    • Wallet
    • Careers
    • Media
    • Whitepaper
    • Roadmap
    Online Cashless Payments Southeast Asia | Blocnation