If you’ve heard of blockchain recently, there’s a pretty good chance it was in reference to cryptocurrency. With Bitcoin reaching record levels in December, the idea of using blockchain technology to develop digital currency was on a lot of people’s minds. However, the blockchain has a variety of other practical uses.
A file cabinet might seem like it’s necessary for operations, but it’s actually not as useful as it used to be in the past. This is primarily due to the implementation of new solutions such as the document management system. By taking advantage of a new digital storage system for your business’ documents, you can optimize operations and ditch that filing cabinet for good.
In the 1800s, two pieces of office equipment were invented that revolutionized the business world. In 1843, the fax machine was conceived and a prototype was made by Alexander Bain, and in 1892 offices were introduced to the new-fangled file cabinet. What's so amazing about this old technology is that both of these pieces are still used in the majority of offices today!
