Business areas where blockchain technology has already been integrated

Currently, the fintech area has become the most adaptable one for blockchain technology. Blockchain-based cross-border money transfers take if not only seconds but minutes, while through the international payment system SWIFT, especially in the absence of correspondent relations between the financial institutions of the sender and the recipient, the transactions can take up to several days.

Public vs Private vs Permissioned Blockchain Network

Blockchain networks can be fundamentally divided into three main types: public, private and permissioned blockchains. As you may have already understood, each one of them has its pros and cons.