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BSV Association’s report highlights blockchain’s unparalleled ability to scale trust in the new digital age
The post BSV Association’s report highlights blockchain’s unparalleled ability to scale trust in the new digital age appeared on BitcoinEthereumNews.com. Zug, Switzerland, 11 June 2024 — The BSV Association has published a new report, in collaboration with strategic management consulting firm Boston Consulting Group, titled, ‘Navigating Digital Transformation: Building Trust in an Automated World – The Role of Blockchain in Safeguarding Data and Streamlining Transactions. The report highlights blockchain technology’s fundamental role in establishing data trust and enhancing transaction efficiency via its transparent, secure, and immutable digital ledger, establishing corporate reliability and confidence. With data processing predicted to be at an all-time high – 125 billion digital devices will be connected worldwide by 2030 via the internet and other wireless channels – how can we ensure that these transactions are secure, and that the information exchanged retains its integrity? BSV Blockchain is the answer. Data trust has always mattered, but never more so than in the new digital age, as artificial intelligence (AI), the Internet of Things (IoT) and other emerging technologies help enterprises thrive, whilst emerging threats may compromise their operations, revenue, and reputation. The report also addresses whether blockchains are created equally and why BSV works. More than 500 blockchains have tried to establish digital trust since 2008. BSV is the first to scale trust reliably. The BSV blockchain’s design, which uses large blocks (comparable to pages in a record book), powers its ability to handle transactions at extraordinarily high volumes for much less cost than other blockchains. Additional report takeaways: Data misuse, security breaches and misinformation are prone to increase with the implementation of new technology. Therefore, enterprises must avoid rushing into new solutions without a safety net. Enterprises need help with trust in four key areas: identities, data, ownership and systems to ensure scalability and transparency. Adopting Blockchain is a valuable first step, but not the ultimate solution to digital integrity. The report highlights how BSV can…
The post BSV Association’s report highlights blockchain’s unparalleled ability to scale trust in the new digital age appeared on BitcoinEthereumNews.com.
Zug, Switzerland, 11 June 2024 — The BSV Association has published a new report, in collaboration with strategic management consulting firm Boston Consulting Group, titled, ‘Navigating Digital Transformation: Building Trust in an Automated World – The Role of Blockchain in Safeguarding Data and Streamlining Transactions. The report highlights blockchain technology’s fundamental role in establishing data trust and enhancing transaction efficiency via its transparent, secure, and immutable digital ledger, establishing corporate reliability and confidence. With data processing predicted to be at an all-time high – 125 billion digital devices will be connected worldwide by 2030 via the internet and other wireless channels – how can we ensure that these transactions are secure, and that the information exchanged retains its integrity? BSV Blockchain is the answer. Data trust has always mattered, but never more so than in the new digital age, as artificial intelligence (AI), the Internet of Things (IoT) and other emerging technologies help enterprises thrive, whilst emerging threats may compromise their operations, revenue, and reputation. The report also addresses whether blockchains are created equally and why BSV works. More than 500 blockchains have tried to establish digital trust since 2008. BSV is the first to scale trust reliably. The BSV blockchain’s design, which uses large blocks (comparable to pages in a record book), powers its ability to handle transactions at extraordinarily high volumes for much less cost than other blockchains. Additional report takeaways: Data misuse, security breaches and misinformation are prone to increase with the implementation of new technology. Therefore, enterprises must avoid rushing into new solutions without a safety net. Enterprises need help with trust in four key areas: identities, data, ownership and systems to ensure scalability and transparency. Adopting Blockchain is a valuable first step, but not the ultimate solution to digital integrity. The report highlights how BSV can…
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