Blockchain is an emerging technology that functions as a distributed digital ledger. It can be used to transmit public or private data and even record peer to peer transactions in a new kind of currency known as cryptocurrency. Bitcoin was the first cryptocurrency as well as the first successful implementation of blockchain technology. Since the creation of Bitcoin in 2009, the use and value of blockchain technology has been growing at an alarming rate. The rapid expansion of blockchain has brought an influx of emotionally charged newcomers who have not performed reasonable due diligence. This rushed approach has resulted in numerous technological, business, and compliance failures.
ResoNova both empowers and launches new blockchain ventures and equips established businesses with the competitive advantages of blockchain. Blockchain, as an emerging technology, possesses many competitive advantages for both small startups and large corporations. ResoNova is accelerating the blockchain industry by making it accessible, applicable, and understandable.