CoreLedger Launches Experimental Blockchain Sandbox Enabling Enterprises To Affordably Leverage Blockchain Technology

CoreLedger, the platform empowering businesses of all sizes to seamlessly, quickly and affordably access the benefits of blockchain technology, has launched an industry-first “Active Sandbox” that allows small and medium-sized businesses to overcome the expense and technical barriers to blockchain technology.

Blockchain has great potential for enterprise, with investment into the technology expected to reach nearly USD $60 billion by 2025. But blockchain adoption failure rates currently reach up to 92%, due to the need to build from scratch, and the lack of flexibility for testing and experiencing use cases before going to market.

“If blockchain is applied properly, there are hundreds of use cases where the technology can improve efficiencies, reduce costs, save time and introduce more trust and credibility. But blockchain is also new technology, and taking advantage of it requires trialling, testing and sometimes, failing, in a safe and affordable environment. We’re significantly reducing the costs of adoption,” said Johannes Schweifer, CEO of CoreLedger.

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Link to the article: AiThority.Com

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Blockchain technology enables anyone to tokenize, and then transact, pretty much anything. The very nature of blockchain, with its unparalleled security and trustless architecture, virtually removes cost, risk, and complication from many common business processes. But every industry, sector, and application will have slightly different uses and benefits from this practice and, as blockchain implementation isn’t exactly widespread, let’s take a look at some of these individual examples and see what tokenization can do for them today. First up, the Real Estate sector.