Many people associate blockchain technology with trading cryptocurrency, but that's not all it can be used for. Businesses of all sizes are integrating it into their workflow. Gene Marks, CPA and Washington Post Business Columnist and Rob Marvin, Associate Features Editor at PC Mag join This Changes Things to discuss the applications of the technology. One of the main reasons why Marks is excited about blockchain is because it will make accounting and auditing a lot easier for companies. He believes having all the data automated onto a system will create fewer errors and save time when paying employees or vendors. On the technical side of things, Marvin says that some companies are hesitant to incorporate blockchain because they think they need to create their own platform. He points out that large corpoations now offer blockchain services where you can buy the platform already acssembled for your business needs.

Share:
More In Technology
Today Explained: The AI Battle
Microsoft confirmed rumors about its AI additions to its Bing search engine. This comes after Google announced its new "Bard" AI service.
Google Reveals Chatbot in Response to Microsoft-Backed OpenAI
Chatbots are all the rage since Microsoft-backed OpenAI launched ChatGPT late last year. Now other tech giants are rolling out their own contributions to the artificial intelligence space, with Google owner Alphabet on Tuesday announcing the launch of a chatbot service called Bard.
Load More