blockchain technology:

How Can Blockchain Be Applied in Startups?

Blockchain can be applied in various ways:
1. Smart Contracts: These are self-executing contracts with the terms directly written into code. They can automate complex processes, reducing the need for intermediaries.
2. Tokenization: Startups can create digital tokens to represent assets or rights, making it easier to raise funds through Initial Coin Offerings (ICOs) or Security Token Offerings (STOs).
3. Supply Chain Management: Blockchain can track products from origin to destination, ensuring authenticity and ethical sourcing.
4. Decentralized Applications (dApps): These applications run on a blockchain network, offering increased security and transparency.

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