Streamlining your outputs to maximise productivity.
Productivity. It’s one of those buzzwords that can mean so many different things for so many different people, but what it boils down to is actually quite simple: How can we make the maximum amount of progress with the minimum amount of time and energy?
When it comes to streamlining your outputs to maximise productivity, the scope that a blockchain developer can help you achieve is incomparable. Whether you’re struggling with third parties or middlemen who are slowing down your processes, or you’re stuck in the dark ages of slow data transfer and permissions, utilisation of blockchain technology will help create automated processes that leave your existing systems in the dust.
A good blockchain developer will work with you, alongside your existing leadership, in order to clearly identify problem areas that can be addressed with blockchain technologies.
It could be as simple as mapping your data into simple clear blocks to provide a different perspective on product management, or it could be as complex as creating an entirely new automated system to track every transaction.
Wherever your needs may sit, there’s a blockchain developer at the ready to address any complications.
Say, for instance, you’re struggling with investor relations. Maybe your shareholders are requesting information that isn’t readily on-hand or up to date, or you’re constantly feeling like you’re fighting to locate reliable data quickly on your active cap table. The expertise of a blockchain developer can streamline and rectify all of these issues by creating a transparent, accountable and non-repudiable share register where all important stakeholders can access data quickly and efficiently -- without sacrificing your security.
The Australian government’s Productivity Commission in 2020 revealed that while we rank 5th in hardest working countries in the Organisation for Economic Co-operation and Development, we rank only 16th when it comes to working smarter. But working smarter is exactly what blockchain developers want to enable you to do. In Australia, productivity is measured by “how much output can be produced with a given set of inputs.”
Streamlining your business’ inputs is the first step to increasing productivity, especially with the addition of automation and synchronised workflow -- and that’s exactly what a blockchain developer can offer you. The challenge lies in finding one that accents and complements your needs, so consulting with a blockchain developer agency can often be your best bet to sourcing a good fit.
If it sounds like a lot, don’t stress. Many problems that businesses face with productivity require a level of trust between all parties, so it can be intimidating and seen as a leap of faith to ask businesses to trust that these new technologies have their best interests at heart. Often it takes the expertise and proven experience of a blockchain developer to provide that necessary context.
Once you have that context, though, you’ll be surprised how quickly a blockchain developer can take your productivity to the next level, just through clean, clear and effective implementation of blockchain technologies.
It’s beyond data and security - it’s efficiency on the most technical level.