Blockchain is a database that has a digital record of information or transactions. Blockchain technology is set to disrupt the ways things are done in almost every industry ranging from FinTech to the publishing industry.

Using or embracing blockchain technology as a publishing company will go a long way in setting up your company as the first among equals. Here are 2 things it will do for you.

1.  build trust, and credibility and establish a solid brand presence amongst your customers.
Intellectual theft is one of the biggest challenges in the publishing industry. It won't continue to be a challenge because the technology that can solve the problem exists. A company that integrates or embraces blockchain Technology, will not only garner more customers /creatives who solidly believe in its solutions but become a bespoke brand in the publishing industry.

2. Fast cross-border payments.

Unlike Cryptocurrencies, Fiat currencies take so much time to process. If your company can accept payments in both Fiat currencies and Cryptocurrencies, then your customers won't have to worry about a thing when it comes to payment.

In conclusion, Blockchain Technology is still in its infancy stages. It's necessary to embrace it now and be among the first to do so. That way, by the time your competitors are trying to get used to it later, you are already ahead.

To embrace it, efforts should be made and invested in research. Keeping up with trends is necessary too since the Blockchain space and its use cases are constantly evolving.

Culled from how Blockchain can help a selected African company.