Generating Entrepreneurial Ideas: Applying Business Intelligence and Blockchain

Generating Entrepreneurial Ideas: Applying Business Intelligence and Blockchain

Naren Kathirvel (Anand Institute of Higher Technology, India), B. Santhoshi (St. Anne's Arts and Science College, Chennai, India), and A. Kathirvel (Panimalar Engineering College, India)
Copyright: © 2024 |Pages: 26
DOI: 10.4018/979-8-3693-7658-4.ch008
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Abstract

By 2027, the blockchain market will have a valuation of 163 billion US dollars. In fact, a firm may find it too much to comprehend and use the technology that has taken off. Blockchain is a distributed database that is shared by multiple system nodes. These days, businesses use blockchain technology and its various features, like ICOs and smart contracts, for a variety of objectives that are related to their daily operations. Because of these built-in characteristics, blockchain is now used in a number of sectors, including real estate, finance, agriculture field, healthcare sector, education institutions, design and manufacturing unit, retail shopping, etc. This chapter provides a thorough explanation of the various use cases and areas of BT.
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