close
test_template

Features of Universal Blockchain

Human-Written
download print

About this sample

About this sample

close
Human-Written

Words: 314 |

Page: 1|

2 min read

Published: Aug 16, 2019

Words: 314|Page: 1|2 min read

Published: Aug 16, 2019

The block chain will not be centrally managed. This will give employees full control over their operations, as well as freedom from taxation.Smart contracts. Users of the network will work on the basis of a consensus protocol of trust, mutual understanding, transparency and compliance with established protocols.Intellectual prize collection. Blockchain will have the intelligence to analyze the attractiveness of prizes based on real time and public demand. Human Resources departments can then use this data to plan far-reaching compensation programs for employees.

By the way, knowing what an employee wants to receive as a gift is not only useful information in order to pick up a reward for him. Our desires are a fragment of the card of our personality, which is important for the employer if he wants to understand his team and manage it in a qualitative way. Effective management with a complete lack of understanding of the structure of the personality is possible only with a strictly authoritarian approach, which has not worked in modern society for a long time.

Among all companies using the platform, the one that will apply this approach will be the most popular among the staff. Just imagine - you do not even need to wait until your gift is bought by another "rewarded" one. Instead, you will come to the store with your own crypto currency and choose what you like best.

Get a custom paper now from our expert writers.

The company can massively purchase tokens on the exchange, and afterwards, distribute them among its employees as gifts and rewards. Having accumulated the necessary number of tokens for a long-awaited purchase, the user will simply make a choice. By the way, the crypto currency can be easily converted into fiat, and also, it grows in price, if it is active. By receiving tokens from the employer, the user will also receive a real crypto-currency asset, which can be exchanged for other crypto-currencies, or even for fiat

Image of Alex Wood
This essay was reviewed by
Alex Wood

Cite this Essay

Features Of Universal Blockchain. (2019, August 08). GradesFixer. Retrieved November 13, 2024, from https://gradesfixer.com/free-essay-examples/features-of-universal-blockchain/
“Features Of Universal Blockchain.” GradesFixer, 08 Aug. 2019, gradesfixer.com/free-essay-examples/features-of-universal-blockchain/
Features Of Universal Blockchain. [online]. Available at: <https://gradesfixer.com/free-essay-examples/features-of-universal-blockchain/> [Accessed 13 Nov. 2024].
Features Of Universal Blockchain [Internet]. GradesFixer. 2019 Aug 08 [cited 2024 Nov 13]. Available from: https://gradesfixer.com/free-essay-examples/features-of-universal-blockchain/
copy
Keep in mind: This sample was shared by another student.
  • 450+ experts on 30 subjects ready to help
  • Custom essay delivered in as few as 3 hours
Write my essay

Still can’t find what you need?

Browse our vast selection of original essay samples, each expertly formatted and styled

close

Where do you want us to send this sample?

    By clicking “Continue”, you agree to our terms of service and privacy policy.

    close

    Be careful. This essay is not unique

    This essay was donated by a student and is likely to have been used and submitted before

    Download this Sample

    Free samples may contain mistakes and not unique parts

    close

    Sorry, we could not paraphrase this essay. Our professional writers can rewrite it and get you a unique paper.

    close

    Thanks!

    Please check your inbox.

    We can write you a custom essay that will follow your exact instructions and meet the deadlines. Let's fix your grades together!

    clock-banner-side

    Get Your
    Personalized Essay in 3 Hours or Less!

    exit-popup-close
    We can help you get a better grade and deliver your task on time!
    • Instructions Followed To The Letter
    • Deadlines Met At Every Stage
    • Unique And Plagiarism Free
    Order your paper now