Infographic: 8 Benefits of Decentralization for Businesses

in #ach3 years ago


In an age of decentralization, businesses have more power, freedom, and leverage to conduct business anywhere they want.

Here are 8 benefits to decentralization for businesses.

  1. Ethical Spying - Decentralization allows businesses to use the feature of anonymity to keep tabs on what the competition is doing without revealing your business or personal identity.
  2. Faster Payments - Today's payment methods are slow. PayPal takes three days, ACH isn't any faster, and SWIFT can take as long as a week to move money across boarders. Decentralized blockchain technology can do it in minutes.
  3. Asset Protection - Your branded assets, including content, can be better protected with decentralization's enhanced security protocols.
  4. Earning and Investing - Decentralization increases opportunities to turn content channels into revenue centers with the added benefit of reinvesting those earnings into platforms and protocols that increase the value of your business.
  5. Publishing Freedom - With decentralized protocols, you can publish your content without fear of censorship or backlash from platforms like Twitter and Facebook, which have proven themselves to be self-appointed gatekeepers.
  6. Seamlessly Operate Across Borders - Decentralized technology allows businesses to conduct transactions across international borders more easily and less expensively.
  7. Conduct Microtransactions - Cryptocurrencies and decentralization allow businesses to sell smaller increments of service and content for less while keeping more of the transaction value. Microtransactions lower your transaction costs.
  8. Leverage Business Relationships - Decentralization allows any business the liberty of leverage customer, partner, and vendor relationships to take advantage of greater financial, marketing, and computing power.
benefits of decentralization business

For more information on how you can leverage decentralization for your business, contact CryptoBloggers at [email protected] or call 717-253-2306.

Posted from CryptoBloggers with Exxp : http://www.cryptobloggers.us/2021/08/05/infographic-8-benefits-of-decentralization-for-businesses/