28 Apr The Blockchain Value Proposition - Payments and Integrity
Kind courtesy of Blockchain Coinvestors here are some highlights on the rollout of blockchain. Blockchain is going to become pervasive and no industry will be unaffected. It is a source of truth for data to maintain integrity. Blockchain is inevitable for eCommerce and payments. Effectively blockchain is simply a distributed ledger ie a ledger that is verified by distributed nodes or parties to create immutable records, ensuring data integrity. Blockchain is useful for indelibly recording transactions and ensuring supply chain integrity. Our thinking is that 1. Blockchain will be deployed to ensure the integrity of payments 2. Payments will become commoditised and smart contracts (autonomous payment execution) will play a big role in the payments value proposition. Blockchain Coinvestors has been incredibly successful with their investments into the blockchain space and they highlighted “Ten Blockchain Inevitables” in a recent webinar: Click here to contact us for your online payments across Africa Our services include: Nigeria Kenya South Africa
