Erika Rasure is recognized worldwide as a leading expert, researcher, and educator in client economics. She is a financial therapist and transformational counselor, with a specific interest in helping women learn how to invest.
Erika Rasure is recognized worldwide as a leading expert, researcher, and educator in client economics. She is a financial therapist and transformational counselor, with a specific interest in helping women learn how to invest.
Images Bloomberg/Getty
Decentralization is a key detail of blockchain technology. It is transferred from a centralized entity to a larger network.
Companies in the industry are finding many ways to use blockchain, from accepting cryptocurrencies to reduce currency prices to tokenizing hosting and allowing the holder to resell their reserves.
Airlines and aircraft brands are identifying strategies to use blockchain to more effectively manage their supply chains, allowing them to reduce costs and track parts and materials in real-time. The industry is also exploring tactics to make storing and managing identities through blockchain technology more convenient and secure.
In many places, existing systems in use are not capable of communicating with blockchain solutions, requiring costly infrastructure upgrades that would arguably not be affordable. Another challenge is educating others working in the industry about blockchain, how it is used and interconnected, and what it can offer them.
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