Blockchain IoT is a revolutionary technology that will transform many aspects of the business world. A system that works without the need for verification by a centralised government or regulatory agency, blockchain uses the concept of a distributed ledger that is secured by encryption and accessible to all stakeholders in a value chain where it is to be implemented. Blockchain technology provides the right framework to make processes smoother, more efficient, and transparent, with all the stakeholders in the process are sure to benefit in the long run.
Fusion DMS can help businesses in adopting and implementing blockchain-based technologies, and a combination of Blockchain and IoT to produce real-time shared process reporting, asset monitoring and resource optimisation.