The first patent filing, which describes a vendor payment system, proposes creating a network that's able to automatically conduct transactions on a customer's behalf. The payments would be received by one or more vendors - depending on what services are provided and who provided these services - according to the document.
Blockchain's Potential Impact on Small Business Funding
Blockchain can create new opportunities for funding while helping existing institutions make better small business lending decisions.
Manufacturing and Blockchain: Prime Time Is Yet to Come - CoinDesk
By deferring questions of trust to a decentralized algorithm, blockchains promise to boost transparency and allow more fluid, dynamic supply chains.
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