Definition ∞ A Blockchain Business is an enterprise that primarily leverages distributed ledger technology to deliver products or services. These organizations utilize blockchain networks for secure record-keeping, transparent transactions, or the creation of decentralized applications. Their operational models frequently involve cryptocurrencies, tokens, or smart contracts to facilitate value exchange and automate agreements.
Context ∞ The sector of Blockchain Business currently faces scrutiny regarding scalability limitations and interoperability challenges among different protocols. Regulatory bodies are actively developing frameworks to govern digital asset offerings and decentralized autonomous organizations. A significant area of focus remains on achieving mainstream adoption through user-friendly interfaces and clear economic incentives.