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Blockchain, IoT, and 5 Other Technologies Changing Mission Critical Processes

Sometimes, even the simplest of processes can be critical to the continued day-to-day operation of your business. That’s why businesses should be taking a proactive approach to enhancing their processes by making use of the latest technologies available that could facilitate business process management.

Here are 7 technologies — including Blockchain technology and the Internet of Things — that are already demonstrating how they have the potential to completely overhaul existing critical processes:

Your data is important. In fact, it’s crucial to your vital business processes. Your data can tell you what you need to do, how you need to do it, and when it needs to be done. So what happens if that data is inaccurate, or is tampered with through either internal or external sources? Process failure. That’s where Blockchain technology comes in. The ‘Blockchain’ is a database or ledger that records transactions, activity, or behaviors automatically without the need for human input. It cannot be altered, changed, or amended manually, significantly boosting the accuracy, security, and efficiency of your critical processes. Most commonly associated with cryptocurrency, Blockchain can be used in practically any industry.

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