NetworkNewsWire Editorial Coverage: Blockchain continues to become increasingly important in the financial technology sector. While some businesses are focused on pure blockchain solutions, others are considering how to integrate the technology into existing business practices to ensure its benefit to customers and enduring value as a technology. Global Payout, Inc. (GOHE) (GOHE Profile) has incorporated blockchain into payment and business consulting services for high-risk parts of the economy, as well as supply chain management. LongFin Corp. (LFIN) is making blockchain an integral part of import/export transactions through smart contracts, as well as using it to provide micro-lending, a vital banking service for entrepreneurs in many parts of the globe. MGT Capital Investments, Inc. (MGTI) has made cryptocurrency mining, a prominent blockchain service, part of its secure technology platform, while Global Arena Holding, Inc. (GAHC) is seeking ways to apply blockchain for greater security in elections. Patent licensing company Marathon Patent Group, Inc. (MARA) has invested in crpytocurrency mining as a way to broaden its technology-driven business. Across the board, companies are finding ways to integrate blockchain into existing work.
New Technology, Old Services
Blockchain has been the center of a storm of attention in recent years, and with good reason. The distributed ledger technology can be used for more than just cryptocurrencies. Blockchain allows secure decentralized information storage, faster financial transactions and smart contracts that automatically…
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