You may be an average person. You may not be heading a large corporation. In fact, you may not even run a business at all. Yet, lately, you have heard this word a lot: BLOCKCHAIN. It is a promising technology that can put an end to cybercrime, fraud, identity theft or data breaches. Indeed, it has already proved that it can live up to its promises. This deluge of unbelievable functionalities may have you thinking: could I benefit from blockchain? The answer is YES, and the magic word is Nodalwork.
This is the platform created by Nodalblock to let small and medium sized companies, property owners, the self-employed and even non-professionals, gain access to blockchain. It runs on a system of monthly fees and it represents the beginning of the end for middlemen. You will no longer need a third party to sign a contract, manage the delivery of certified notices, with receipt acknowledgment and carrying legal certainty, or to establish traceability of a process or a document’s entry. Now, you only need one platform to do it all: Nodalwork.
In brief, it is a sort of digital safe for critical information, like passwords of personal files. It can also be used to certify important emails, to allow traceability and transparency and prevent tampering. It can also store artworks, creations and projects, turning it into an essential ally in the safekeeping of intellectual property.
The truth is that cybercrime is the fastest growing type of crime in Europe. This year alone, there have been some 116,000 attacks, this far. These include identity theft, reputation damage and economic loss.
On top of that, the new GDPR has created additional concerns for many small and medium sized companies. Some doom-mongers have implied that blockchain goes against this regulation. Much to the contrary, the blockchain is not an enemy of the GDPR . It actually helps to follow it, by recording the mandatory unequivocal consent required to store information in a database.
Some sectors are specially benefitting in this way from this “pathway” towards blockchain. Such as health, where it is used to store medical records; law, to sign contracts; designers, to protect authorship of their works; in the supply chain business, to guarantee chain of production; or in education, to certify process and registration integrity, etc. In conclusion, blockchain has many uses and endless functionalities. But most importantly, it is a technology accessible to ALL.