Blockchain creates a shared database that is accessible to cell phone number lookup philippines its participants, who can track every transaction they have made. This creates trust, reduces fraud, and can also be used to sign contracts or move stock .
Why is Blockchain convenient to use in B2B?
Value chains are very long, with many component producers providing a series of values that are lost in the final product. These values can be certifications, information on origin, materials, etc. The possibility of activating the blockchain makes these attributes of the value proposition visible to the final customer.