As the world of cryptocurrency evolves and becomes a normalized alternative to standard forms of physical currency, a growing number of progressive companies are utilizing ICOs as viable means of raising capital.
These unconventional funding and payment sources allow founders to raise rounds from investors who are intrigued by their product and vision, rather than following traditional methods, formulas or rigid metrics to determine their decision to invest. Additionally, this shifting paradigm changes the dynamic of how investment syndicates are assembled and operate, transforming the way money is generated and exchanged.
Beyond changing the way companies raise funds, Blockchain technology is actively enhancing the quality of big data, while further advancing the way information is identified, collected and managed. For businesses poised to scale their products and services, ultimately increasing the number of vendors and employees, it is even more critical to eliminate errors in processes that directly impact the bottom-line.