Everybody is talking about blockchain these days. It is said that this technology will transform our business globally and bring us altogether closer. These same words were used for other technologies like Napster, the music sharing app which revolutionized the music industry, and the torrent technology, which singlehandedly revolutionized the entertainment industry. Now everybody is looking towards the long list of blockchain companies to do the same. This technology could really redefine business in all sectors and make operations faster and cheaper for companies. However, many are still wary about trusting blockchain because most relate this technology to the volatile blockchain cryptocurrency, Bitcoin. These people cannot be blamed for their lukewarm approach towards Blockchain Companies. Bitcoin the star of blockchain technology has blown hot and cold for years now. That has made all of us think twice or thrice before investing in this cryptocurrency. However, what most invest
Businesses are all about building relationships. A business builds a relationship with its clients and customers to ensure more business. It builds relationships with other businesses to complete tasks. It even builds relationships with other people to assign freelance tasks. These relationships going forwards enable the organizations in question to complete more tasks and become an entity and then evolve into a brand. This is the reason Blockchain Technology Companies are in such a vogue these days. What is Blockchain and what do Blockchain Technology Companies do? Blockchain, as the name suggests is a chain of Blocks. These blocks contain valuable information like in the case of Bitcoin and other Cryptocurrencies a cryptographic hash of the previous block, a timestamp, and transaction data. However, the most powerful aspect of a Blockchain is that it is an open, distributed ledger that records transactions between two parties efficiently and in a transparent, verifiable,