How Blockchain Technology Can Influence Project Management | HackerNoon

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How Blockchain Technology Can Influence Project Management | HackerNoon
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Blockchain technology can improve agile project management through increased security, improved transparency, and reduced transactional costs. - blockchain blockchaintechnology

Blockchain is a decentralized database that keeps track of transactions across a peer-to-peer network.

Unlike a traditional database, a blockchain is distributed across a network of computers so that no single individual or party has complete control over it. By reducing the time and effort required to verify these transactions, blockchain technology can significantly reduce project costs.

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