Is blockchain the future of B2B payments?

And the technology is here today. Blockchain—the technology behind Bitcoin—offers a promising solution to B2B payment issues. With a decentralized approach, blockchain strips the middleman (e.g. the banks) and facilitates faster and less expensive payments.

What are the benefits of blockchain for B2B payments?

Blockchain—the technology behind Bitcoin—offers a promising solution to B2B payment issues. With a decentralized approach, blockchain strips the middleman (e.g. the banks) and facilitates faster and less expensive payments. Many people still believe that Bitcoin is only used for criminal activity, money laundering, or pure speculation.

How blockchain technology will revolutionize B2B & G2G services?

Blockchain Technology is going to revolutionize the functionality of B2B, G2C, G2G, B2G services corresponding to various application domains. NITI Aayog, too, has recognized Blockchain as a promising Technology-enabling feature such as decentralization, transparency and accountability.