Blockchain technology gives an opportunity to run business without supervisory authority. It could be used in all the branches not only business, but whole life. The sides of the deal could cooperate without mediator and be sure that their interests are protected.
Of course it gives lots of advantages. For sample: you need to exchange money. As a rule it takes time if you use banking system and commission. If you use online web-sites you also should pay some fee for all the transactions and the information is saved on the server which could be broken by swindlers.
Using blockchain you would avoid any commissions, gain time and avoid all the risks that the server of the supervisory authority would be broken because you wouldn’t have any supervisory authority.
The question when to use blockchain technology is considered here: http://merehead.com/blog/when-use-blockchain/ As for me it will be useful if you’re determined to run your own cryptocurrency. It saves all necessary data and it is reliable. If you’re going to run digital marketing business you could rely on blockchain.
This technology could also take the placeof all the paper documents.It also gives an opportunity to have all the needful info for both sides of the business relationships. Everything will be committed without central authority and it also saves your money and time because direct cooperation is faster, easier and free.
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