Key features that make Blockchain more useful than other solutions.
General database
Business processes use a shared database.
Administration
Several entities make changes to a single database.
Trust
There is a lack of trust between specific database by industry entities that modify information and duplicate or verify each other.
Intermediaries
It is necessary to get rid of the intermediaries that maintain the database and participate in operations.
Transactions
Interdependence of user operations and transaction chains.
Rules
The presence within the project of established rules for conducting operations and making transactions.
Openness
Security and clear principle of using assets.
If your project does not meet at least one of these criteria or is missing at least one of the first five signs, there is no need for Blockchain.
In this case, a traditional solution will suit the project: how to automate your welcome emails file storage or a database from Oracle, SQL Server, MySQL or Postgres.
For Whom Blockchain Is What the Doctor Ordered
Wherever there is money – goods, database and document flow, there are prerequisites for implementing solutions on distributed ledger technologies. Automation of business processes on Blockchain technology eliminates the need to verify information, there is no need to dating data certify documents, store and administer the data register.
Blockchain is a reliable and open technology for distributed data storage (register of reliable records).