How B2B Companies Unlock Blockchain Without The Development Headaches Posted on : Jan 19 - 2018

2018 will see a plethora of blockchain announcements and initial coin offerings (ICOs). Here’s how your business can tap into the blockchain growth without the hard-core development headaches.

If you’re old enough to remember the early days of the web (circa 1995), then all this talk of blockchain and cryptocurrencies may feel familiar. Long before the launch of Amazon (let alone Amazon Web Services) building an eCommerce site required a keen knowledge of everything from front-end coding in HTML to multiple competing back-end scripting languages.

Back in the mid-90s, today’s concepts of cloud hosting and Software as a Service (SaaS) would have been foreign. And yet, one quintessential moment of the web was the launch of the Netscape browser because suddenly there was a new player built from the ground up to support the growth of web businesses.

History Is About To Repeat Itself in Blockchain

Now, as we enter 2018, we have the benefit of history to help us better understand the explosion of exuberance. When Kodak announced it was launching a cryptocurrency for photographers, it’s stock soared 89% in less than two days.

Behind all of the investor speculation, there is a powerful shift occurring with the advancement of blockchain technology. It has the power to enable businesses to do everything more transparently and efficiently, such as eliminate background checks and fully automate legal agreements.

The trouble for most companies, however, is that they are playing catch-up in 2018 and don’t have a dedicated technical staff knowledgeable about how to implement blockchain technology within their business.

The Power and Simplicity of Blockchain As A Service

One company who has tackled the accessibility problem with blockchain is MIMIR Blockchain Solutions. “MIMIR is the world’s first Decentralized Ethereum Service Provider,” says John Licata, Chief Marketing Officer. “This is a new industry category that delivers Blockchain as a Service to those off-chain, thereby enabling countless businesses who would otherwise not be able to tap into the incredible power of the blockchain and truly bring this amazing technology to the masses.”

While most companies leveraging blockchain are focused on B2C, MIMIR is enabling businesses of all sizes to focus on the many ways this technology improves B2B companies’ service offerings. “When you stop and think about just how many industries are going to be disrupted by blockchain technology, we’re proud to be an enabler for B2B companies looking to unlock the power of the blockchain for the unique needs of their industry,” Licata says. View More