Uploaded on Apr 15, 2020
With the growing use of Blockchain technology across different business segments, it becomes important for companies to hire trained Blockchain expert and Blockchain developers. Whether you are a working professional or a fresher, Blockchain certification is going to be beneficial for you.
5 Blockchain Implementation Strategy for Business
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5 Blockchain Implementation Strategy For
Business
Many companies are now looking forward to adopting Blockchain technology. The
technology has the potential to disrupt every business function positively.
Although, the Blockchain technology proposes to be a great asset, yet, it is at a
very nascent stage. With a history of a decade, technology has given enough
evidence to support the fact that it can be a boon for many industries.
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PwC in a global survey of 600 executives found that though 84% of the
organizations are working towards the use of Blockchain technology, only 15% of
them have live projects. So, it clearly shows that there is a huge scope of growth
for Blockchain expert and Blockchain developers. Choosing a Blockchain career is
a positive move that one can make; as more and more companies venture into
this, there will be a need for proficient Blockchain experts who can help in
implementing this technology.
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As per Gartner’s forecast, Blockchain will generate around $3 trillion business by
2030. With the right strategy and skilled Blockchain experts, companies would be
able to make their business grow.
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Five Ways In Which Blockchain Can Be
Implemented
1. Insurance- one of the areas where Blockchain can prove to be helpful is the
insurance sector. Data transparency is something that every business must-have.
It makes functioning more efficient and also helps in building the trust of the
stakeholders and customers. The entire insurance process can be automated by
implementing smart contracts.
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Benefits that Blockchain will bring to the insurance sector:
● Lesser cost
● Easy settlement
● Easy auditing
● Better data quality
● Enhanced security
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2. HealthCare- Another sector where you can find widespread use of
Blockchain platforms is the health care segment. There is a great amount of data
and information exchange that takes place in the health care system; it can be
anything like personal information of the patient, their health condition, healthcare
records, etc. With the help of Blockchain, all this data can be stored on the
Blockchain platform. This information can be easily accessed from different
places. Moreover, Blockchain offers complete safety and security of information.
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Benefits that Blockchain will bring to the healthcare sector:
● Doctors can access this information easily
● Data is safe
● Saves time
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3. Real Estate- When we talk about the implementation of Blockchain platforms
across different sectors, then real estate is no different. You can use Blockchain to
track the history of the property, title deeds, etc. Moreover, with Blockchain, you
can expect to put a tab on the vulnerabilities of the real estate sector. With the
help of smart contracts, we can expect easy sales and purchases. There are
companies like Velox.RE that is planning to implement Blockchain in real-estate
transactions.
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Benefits that Blockchain will bring to the real estate sector:
• Lesser cost
• Transparency in the system
• Automated payment
• Lesser or no fraud activity
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4. Digital Identification- When it comes to digital identification, then Blockchain
can prove to be extremely beneficial. It can help in increasing the transparency of
the system while maintaining complete security. Blockchain offers easy access to
data without the probability of information getting tampered or hacked.
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Benefits that Blockchain will bring in Digital Identification:
• Enhanced privacy
• More control of the user on the information
• Unique IDs
• Lesser frauds
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5. Banking System- Although Blockchain is the new bloke when it comes to its
most widespread uses, then banking and financial sectors have been using it. In
fact, Blockchain brought with it a digital financial revolution. There are certain
challenges when it comes to the conventional banking system, its slow, time-
taking, and there are too many intermediaries. With Blockchain, the banking
system can easily overcome all these problems.
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Benefits that Blockchain will bring to the banking sector:
• Lesser cost
• Faster payment settlement
• Data security
• Easy auditing
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With the growing use of Blockchain technology across different business
segments, it becomes important for companies to hire trained Blockchain expert
and Blockchain developers. Whether you are a working professional or a fresher,
Blockchain certification is going to be beneficial for you.
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Choosing Blockchain Council
Blockchain Council brings you this comprehensive Blockchain certification
program. This has been developed as per the industrial standards, such that you
can stand competitive once you complete this certification. As a part of this
course, you will develop a complete understanding of Blockchain technology and
its implementation.
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Blockchain technology is going to be a cornerstone for new technological
development, and if you are willing to make a career in this field, this is the right
time to enroll for the Blockchain certification program.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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THANK YOU!
Any questions?
You can mail us at
[email protected]
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