Decentralised technology** is becoming increasingly important and is influencing the way companies design their business models. The use of decentralised systems - especially blockchain technology - is fundamentally changing processes. Companies in all sectors can increase transparency, security and efficiency, which opens up new opportunities and reshapes existing business models.
What is decentralised technology?
At its core, **decentralised technology** describes a distributed data structure in which information is not stored centrally, but on many computers simultaneously. One of the best-known forms is blockchain, in which data is stored in blocks and linked together using cryptographic processes. This creates an unchangeable and transparent database that makes manipulation virtually impossible.
Companies in the financial services sector are using this technology to process payments faster and more securely. Start-ups such as Bitwala enable cross-border transfers at lower costs without having to rely on traditional banks. There are also pioneers in the property sector who have used blockchain-supported processes to make the sale of luxury properties more transparent. For example, a villa in Paris was sold faster and more securely using this technology[12][6].
Application examples for decentralised technology in practice
Many companies report that the use of decentralised systems has sustainably improved their processes. Here are some examples from various industries:
1 **Supply chain management:** Large logistics companies use decentralised platforms to increase the transparency of their supply chains. This means that every step can be traced from the manufacturer to the trading partner. This improves the traceability of food or medicines and reduces the risk of fraud[16].
2 **Digital art and rights management:** In the creative sector, decentralised technologies enable artists to digitally secure and distribute their works as NFTs. Platforms such as Ujo Music help music creators to manage their rights more transparently and get paid directly by users[6].
3 **Trade and tokenisation:** Companies such as Cryptowine offer the possibility to digitally tokenise physical goods such as quality wines, allowing trade without intermediaries and making ownership and value appreciation transparent[4].
BEST PRACTICE at the customer (name concealed due to NDA contract): A medium-sized company in the mechanical engineering sector reported that the introduction of a decentralised database significantly accelerated its internal documentation. This reduced errors and made coordination processes with international partners more efficient.
How does transruptions coaching support decentralised technology projects?
Many companies encounter challenges when integrating **decentralised technology**. This is where transruptions coaching comes in by providing targeted impetus and individual support. The topics range from strategy development to the practical implementation of new systems and processes.
An important aspect is the support provided during the introduction of blockchain-based solutions, which often require an adjustment of the corporate structure and IT competences. transruptions creates space for reflection and helps to adapt internal processes to the new technology.
BEST PRACTICE at the customer (name withheld due to NDA agreement): A financial services provider used coaching to reduce internal resistance to the switch to decentralised transaction systems. Regular workshops enabled employees to actively help shape new solutions.
Smaller companies from the retail sector also report that they have been able to learn how digital tokenisation of existing products opens up new customer groups and creates additional sources of revenue through targeted support.
Tips for the successful use of decentralised systems
If you want to benefit from the advantages of **decentralised technology**, there are a few important points to bear in mind:
- Create transparency:** Inform all stakeholders involved about the functioning and objectives of the new system.
- Step-by-step introduction:** Start with pilot projects to gain experience and make adjustments.
- Promoting cooperation:** The success of decentralised technologies often depends on the cooperation of many partners. Network and share knowledge.
- Ensure security:** Use proven standards and security mechanisms to protect data and transactions.
- Maintain flexibility:** Technologies and markets develop rapidly. Stay open to new fields of application and further developments.
My analysis
Decentralised technology** has the potential to fundamentally change traditional business models. Its particular strength lies in the decentralised, transparent and secure processing of data, which creates efficiency gains and new opportunities.
Companies that embrace this technology can benefit from innovative applications in financial services, supply chains, retail and the creative industries. What is important here is an accompanying strategy that supports the change and promotes acceptance within the company. transruptions coaching offers valuable support with implementation and dealing with new challenges.
The integration of **decentralised technology** can therefore serve as an engine for progress and competitive advantage in an increasingly digitalised world.
Further links from the text above:
Blockchain - Definition - Gabler Wirtschaftslexikon
The 8 best business models on the web3
Blockchain for companies: Five practical examples
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