Blockchain technology, in its different forms, such as the Ethereum blockchain and others, is a worldwide consensus system that allows users to coordinate and collaborate around a neutral source of information without requiring users to trust one another or a single authority.
Banking and energy trading, as well as supply chain management, are examples of use cases. Despite the fact that shared ledger technology has been explored for decades, the Bitcoin blockchain was the first decentralized distributed ledger system that was impervious to censorship, confiscation, and collusion.
After reading many articles on the subject, I wanted to learn more about organizations that use this approach. I saw a nice example named Duet. Duet protocol (Duet) is a multi-chain synthetic asset system that sharpens all assets for use in the blockchain world, which makes sense given that a duet is a piece of music in which two people perform unique portions or melodies at the same time.
I appreciate investigating these sorts of firms because I am continually astounded by how rapidly the Blockchain industry has expanded.