Is Blockchain the Future for Small Businesses

[Joeboy]

Lately, I have been thinking a lot about how Blockchain could change the game for small business owners.  It is not just about crypto anymore, there are talks about using it to verify product, make payment more secured and even building better customer loyalty systems.
Some believe it to be the best and a must-have in a couple of years, while other's sees it as more of a hype rather than help.
So what do you think guys is Blockchain something that small businesses should start paying attention to or it is still very early for most.

[Machine]

Lately, I have been thinking a lot about how Blockchain could change the game for small business owners.  It is not just about crypto anymore, there are talks about using it to verify product, make payment more secured and even building better customer loyalty systems.
Some believe it to be the best and a must-have in a couple of years, while other's sees it as more of a hype rather than help.
So what do you think guys is Blockchain something that small businesses should start paying attention to or it is still very early for most.

Well it depends on the business that is involved, For those in Logistics and Retail, Blockchain will be highly effective, especially for tracking goods  But for service based business, am not sure  it worth the hassle
right now due to the complexity that is involved. Let's face the obvious, Blockchain at the moment isn't user-friendly.
However sooner than expected I believe that people will start familiarizing themselves with this complexities and would start integrating it into their small scale businesses before we all know it.

[Findingnemo]

Business agreements via smart contracts is another real life use case that can be a big thing in future, it can avoid lot of paperwork, so money and times especially middle men so blockchain use can is not just limited to crypto alone. And in future we might see more developments and infrastructure that will help the adoption in the business too.

[Dr.Bitcoin_Strange]

Business agreements via smart contracts is another real life use case that can be a big thing in future, it can avoid lot of paperwork, so money and times especially middle men so blockchain use can is not just limited to crypto alone. And in future we might see more developments and infrastructure that will help the adoption in the business too.

Yeah, as one can’t really tell about how the future will look like or how it will work by then, people are just assuming things, hoping it will be just like the way they are saying or thinking because in the future, things might just turn around.
So as bitcoin can also be of help in the future, so as other developments can also occur in order to also be of assistance to achieve whatever goal people may have.

[bisdak40]

They should definitely consider it, but not all businesses really need it yet. Blockchain can make payments safer, verify products, and help with loyalty systems. It’s still early, and it depends on the type of business.

[Rruchi man]

So what do you think guys is Blockchain something that small businesses should start paying attention to or it is still very early for most.

I do not think all small business owners will have an interest in blockchain technology. Some small business owners do not have any long-term intentions for their business, so they would not pay attention to anything that would have any potential to better it. They are in it for the profits, and as long as they are getting them, they are okay.

[Dr.Bitcoin_Strange]

I do not think all small business owners will have an interest in blockchain technology. Some small business owners do not have any long-term intentions for their business, so they would not pay attention to anything that would have any potential to better it. They are in it for the profits, and as long as they are getting them, they are okay.

Yes, you are right, no matter how popular block chain is, not every one will want to use it or hear about it. There are some people that won't understand how blockchain works, no matter how one explain it to them, they won't understand and won't want to have anything to do with it because these type of persons ,wants everything to be real and they like to transact face to face because not everyone has the ability to withstand pressure especially when the market is fluctuating.