Blockchain is changing the very nature of doing business, including how companies complete transactions with each other as well as with their customers.

Blockchain's ability to increase transparency and trust is disrupting long-standing business models, and companies are taking notice. Knowing how to take advantage of blockchain and how the technology works is the key to harnessing its capabilities. Once you're equipped with that knowledge, you can figure out how blockchain's benefits best align to your strategies, as well as potential use cases that could improve performance in several areas of your business.

One business area beginning to see massive changes with blockchain technology is finance. Here are two examples of how finance departments can improve the way they work by using blockchain.