How Them Fit Use The Internet Computer Blockchain For Big-Big Companies Today?

Blockford
Blockchain Gazette
Published in
6 min readSep 8, 2023

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Many companies today don gain well-well from the online change wey don take place for this our time. Even with that one, companies today still dey face some challenge.

Them dey ask say, how we fit

  • make our application work well
  • improve the security of our system, and
  • save money?

The Internet Computer don bring new solution wey go help many companies.

For this article, we go see how the Internet Computer dey support change for companies matter as we go check seven (7) examples for organizations today. Make we start!

1. Decentralized Identity and To Manage Permission

The Internet Computer bring one powerful decentralize identity solution wey them they call Internet Identity and this one they allow users to fit control their digital identity by theirself without need for some few people to do am for them. This design dey improve security, e dey reduce the risk of data breach, and e make-am dey easy and safe for people to use-am.

For example, website wey dey sell things online wey dey build for the Internet Computer and wey dey use Internet Identity to verify their users, them fit no need to write privacy policy document again to explain how e dey use user information like email.

You fit learn about other ways to use Internet Identity for here.

2. To Manage Supply

To manage supply for companies need big network of people wey go supply, people wey dey produce, and people wey go give am out. We don see say the decentralized design wey the Internet Computer fit organize this process for them as e fit bring permanent record book to make am easy and safe to track goods and transactions.

Canister smart contracts fit make important part to work by im self, like to verify payment and manage goods, to reduce errors and delay. One interesting thing be say, many companies don already dey try use the Internet Computer protocol to manage supply.

For example, for March 21, 2023, they announce one new partnership between FederItaly and ORIGYN wey go make them release digital certificate for the Internet Computer and this one go make-am dey easy to know fake Italian goods from the original one.

3. E Dey Support Decentralized Finance (DeFi)

Many companies dey rely on normal companies wey dey into money business when them want money or something wey dey close to money. Even with this one, the Internet Computer connection with DeFi dey allow companies to access decentralized financial services, like to give loan, borrow money, and manage asset, as e dey allow the companies to control their asset and information.

For example, Sygnum Bank na the first Swiss bank to give their trust and bank services for the Internet Computer utility token (ICP).

4. E Dey Make-am Safe To Do Different Work and Manage Files For Business

Online work don dey very popular today, so to safely work together and to manage files for companies dey important.

For example, if you use Dmail, wey be one web3 encrypted email service wey them build for the Internet Computer, companies fit safely work together and safely share files inside their organization.

This na Screenshot of Dmail

5. For the Development of Decentralized Applications

To create and release dApps for normal setup fit no dey easy to use and fit cost well-well. The Internet Computer no dey expensive and na another better option wey you fit use so that business fit create and release dApps for blockchain wey dey grow and wey dey decentralize, to reduce the cost to set-am up and make users enjoy am more.

6. Storage Space Wey Big

Companies dey produce large amount of information wey need storage wey fit expand and wey dey secure. The Internet Computer get decentralize data storage wey we don notice say e dey secure and wey fit expand. E go make sure the data dey available and safe and still reduce the cost of the storage.

7. E Dey Allow People Make Decision

E dey very important today when company fit allow business partner and workers join make decision. The things wey the Internet Computer governance dey do fit make companies to allow their users or workers to join make decision, like to vote about projects or direction wey them plan.

For example, company fit decide enter the Internet Computer Protocol as dApps if e use the SNS (Service Nervous System), if them do like that e go allow their users and workers to join make decision on how dey want make the company dey work.

Another real-life example wey never too tey na Pluxee, wey give out 5,000 special NFTs for the Internet Computer to their workers.

Conclusion

Web3 and Web2 fit work together? Our discussion about how them fit use the Internet Computer blockchain for big-big companies today don make us know say e dey possible. We don see how Internet Computer as e join hand with Pluxee, FederItaly and ORIGYN dey provide better option wey dey decentralized and better pass the old school company design, and this one dey open new ways to verify, secure, open, and reduce cost. The tomorrow wey we want see for companies don dey here now, and na the Internet Computer bring-am.

This story never finish. For our next article, we go talk about how the people wey join head make this technology. Until next time, thank you as you read this article, feel free to comment.

Join the Internet Computer community today

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Notice: The things wey we write for here na only for educational purpose, na the idea of the person wey write am dey inside and e no dey give any business advice. If you read this article finish, we go advice you make you do more research and you fit no agree with the idea of the person wey write am if you want. Thank you.

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Blockford
Blockchain Gazette

A Web3 writer passionate about blockchain, crypto, and decentralized technologies. I educate and inspire through insightful content. #Web3 #Blockchain #Crypto