Incredible Technology Trends That Will Change the World in 2023

Finance: Supply Chain Management: Real Estate:

Blockchain has also been used to improve cross-border payments, increase transparency, and reduce the time it takes to settle transactions. For example, blockchain-based platforms have been developed to allow instant, low-cost cross-border transfers.

This helps to reduce the risk of fraud, improve product traceability, and increase efficiency. One of the fine examples is tracking the origin and movement of goods.

Blockchain can also be used to streamline the real estate transaction process, reducing the time it takes to complete a sale and reducing the risk of fraud.