So, what is blockchain and how is it impacting business? Simply put, blockchain technology can change the way your business exchanges data. Here’s what you need to know: The value of blockchain lies in its ability to provide a secure platform for exchange while reducing the cost and complexity of transactions by eliminating the need for intermediaries and third-party verification. Blockchain has ...the potential to not only transform asset and data exchange, but also change business processes, trade, economic and social systems. Blockchain is the technology behind Bitcoin*, but that’s a limited example of its potential to transform multiple industries and drive innovation throughout the global economy.