Similarly, the most significant problems of our time are global and require globally coordinated solutions. All these partnerships need more trust and transparency to succeed.
Businesses have always changed with the times, but the confluence of technological innovations such as mobile, cloud, social, and Big Data analytics are accelerating the pace and generating new business models, allowing disrupters better serve their customer and drive growth.
Cloud computing and data technology significantly reduce CapEx as well as operating and maintenance costs while allowing access to computing power to process an ever-increasing volume of data. For example, car-sharing services enable private cars to temporarily become taxis, monitoring drivers and riders, adjusting prices and routes throughout the day.
Distributed systems enable redundant and resilient networks that protect the integrity of the systems. If data is distributed between multiple servers, there may not be any data loss even if a storage device ceases to work.
Data security is of particular importance in distributed systems, and advanced cryptography secures both network and transactions to their integrity.
Together, these technologies enable the potential for blockchain to allow for new collaborative and trusted behaviors that are unlocking new business models.
Fluid Chains’ process leverages the concepts of Exponential Organizations by @salimismail, and it has helped us to simplify the complexity of new interconnected prosperous opportunities. The Exponential Attributes had facilitated to our customer the development of accelerated global coordinated solutions. The application of attributes varies by project and by industry, below a short explanation on how the attributes have been helping our Distributed Ledger projects.
Leveraging External Communities via project incentives is vital to creating value for any blockchain project, it allows to turn community members into engaged advocates participating of securing the network and making the difference between success and failure for the new distributed organizations created around these decentralized projects. Cryptographic Algorithms and hashing, a cryptographic method of converting any data into a string of characters, keep the blockchain secure.
APIs had allowed developers to leverage open source software and build marketplaces with next-generation applications and projects; Interfaces are key in blockchain projects to enable the community to connect with systems. Blockchain technology is in an early stage, the best time to find the right use case for your business problem across your industry, get into space, set a small group in a design thinking process, experiment, learn, measure and pivot.
Autonomy of contributors and stakeholders is a crucial concept for how people related and interact with blockchain projects and each other. It creates efficiencies within individual actors direct their efforts, circumventing inefficiencies of top-down control
At Fluid Chains we integrate the transformational power of blockchain into your organization to create ventures with exponential scaling potential and sustainable business models.