New technology, developments and trends have perpetually struck the corporate world in the past decade and are changing the way businesses used to operate. In this modern era, organizations are on a hunt to discover and explore new technologies and tools to survive in the extremely competitive business industry. The virtual transformation of organizations has not only helped businesses in the implementation of new business models, but has also streamlined their processes and allowed them to take important strategic decisions by leveraging new technologies available in the industry.
One of the technologies acting as a force behind the transformation of businesses is the Blockchain technology. Blockchain technology was initially invented to facilitate crypto currency, but is now used in different businesses and has the ability to completely transform an industry. Traditional business models which offer few resources can no longer counter the wide array of benefits the blockchain technology brings to the table. Not only the autonomous aspect of traditional business models results in lower transparency, but it is also more time consuming, complex and costly. Another drawback of traditional business models is the presence of multiple payment barriers because of the involvement of several intermediaries and minimum to no security.
On the other hand, Blockchain technology is providing various benefits to organizations by introducing innovative methods to revamp, reshape and redesign old business models while also decreasing costs, lowering the interference of intermediaries and strengthening the feeling of trust and faith in an ecosystem. Businesses during their virtual transformation process can embrace the blockchain technology in multiple ways. The blockchain technology has enabled smart contracts in which every business contract is written in codes, making a contract immutable. The combination of digital payments and blockchain has restricted the involvement of middleman and has made payments easier. Other than these benefits, blockchain technology provides robust security, improves customer engagement, enhances efficiency and speed, raises more capital, manages the finances of a company and improves marketing campaigns.
As the blockchain technology offers so many benefits, many industries such as the manufacturing, information technology, logistics and healthcare are embracing it to solve their business problems. But in order to fully avail these advantages, every company should have a blockchain specialist who can offer blockchain-based solutions to organizations and has great knowledge regarding the blockchain architecture. One person who has become a prominent name in the blockchain industry because of his numerous contributions in the field is Jerry Lopez.
Jerry Lopez is popularly known as a network marketing and blockchain specialist, who has made many contributions in the blockchain industry and the philanthropic domain. He was born on 24th December, 1978 in Puerto Rico, where he spent most of his childhood. In order to acquire his Master’s degree, Lopez joined the Open Bible Institute and later attended the Vision International University of Florida to obtain his Doctorate degree in the field of Christian Counseling.
After completing his education, he also received the license of a Theo Therapeutic Counselor from the International Reciprocity Board of Therapeutic Professionals Counselors Certification. His massive marketing experience helped him setup companies in more than 50 countries and create jobs for thousands of individuals. He has established his organizations on the basis of his morals and principles, and promotes the right culture in his organizations through effective and strategic leadership.
After offering his marketing services to the business world, Lopez stepped into the Blockchain industry, where he devised strategies to reallocate wealth across the globe and worked in collaboration with like-minded people for the purpose of building a philanthropic global movement within the blockchain spectrum.
After gaining knowledge of the blockchain industry, Lopez laid the foundation of his company Philcoin, which is a global philanthropic blockchain ecosystem, where people can earn while using internet platforms, product and services. He is also the creative mind behind the PHIL App, where individuals can connect and interact with diverse people, make donations and access education courses. His company also offers Philcoin’s token which can be used in transactions for the purpose of generating wealth for everyone. In a short span of time Philcoin gained popularity and was even awarded the Social Impact Project of the Year 2021 at AIBC (Artificial Intelligence and Blockchain Conference) in Malta.
With people like Jerry Lopez in the field, the blockchain industry has an unparalleled capability to devise new ideas and bring out of the box philanthropic concepts into existence. Lopez with his advance solutions and vision has not only benefited the corporate world, but has also contributed to human welfare through his philanthropic initiative.