A cloud-computing and virtualization technology firm, VMware primarily helps modernize businesses by integrating their infrastructure with cloud-native apps along with updating existing apps. From there, the company’s multi-cloud architecture facilitates multiple operations under a single (and thereby easily manageable) control center.

On paper, VMware is one of the most relevant enterprises. Additionally, because of the broader impact of the coronavirus pandemic, the tech firm became more pertinent thanks to its distributed workforce platform, enabling a seamless transition to the great telecommuting experiment of 2020. Despite the many positives, VMW slipped over 16% last year, presenting some worries for onlookers.

Although VMW is one of the riskier blockchain stocks, contrarians and discount divers may want to give it a shot. Through its decentralization platform, VMware leverages the power of the blockchain tointroduce efficiencies in procedures that require multiple points of trust and verification.

For instance, VMware can potentially help enterprises quicken global supply chains, which involve several moving parts. In addition, the company’s blockchain solutions can aid healthcare organizations with managing a deluge of paperwork swiftly and, most importantly, accurately.$VMware(VMW)$