Blockchain technology (BT) has emerged over the recent years. Writers however argue that there is limited understanding of this technology and the benefits it can provide to industries in the worlds. Therefore, some industries have taken a cautious approach to its adoption. Advise on the importance of Blockchain Technology to a business sector of your choice in South Africa? First define BT. Then discuss briefly what you understand to be the role of BT, its importance, benefits and any potential risks it may present to the chosen business sector (You must identify the business sector of your choice). Finally conclude what you would recommend to corporates in that business sector.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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Blockchain technology (BT) has emerged over the recent years. Writers however argue that there is limited understanding of this technology and the benefits it can provide to industries in the worlds. Therefore, some industries have taken a cautious approach to its adoption.

Advise on the importance of Blockchain Technology to a business sector of your choice in South Africa?

First define BT. Then discuss briefly what you understand to be the role of BT, its importance, benefits and any potential risks it may present to the chosen business sector (You must identify the business sector of your choice). Finally conclude what you would recommend to corporates in that business sector.

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