Uploaded on Jan 29, 2020
PPT on Ways in Which we can use blockchain technology
Ways in Which we can use blockchain technology
WAYS IN WHICH WE
CAN USE
BLOCKCHAIN
TECHNOLOGY
Easy transactions
The most important use of blockchain
technology is for easier payment processing
and transactions, removing banks as the
mediator and then transactions would be
done in seconds.
builtin.com
Monitoring supply chains
Blockchain can be useful to monitor
supply chains, removing paper based
trials and making the process transparent
and efficient for both businesses and the
customers.
readwrite.com
Data sharing
Blockchain technology can also be utilized
to sell or share unused data, which will help
many industries.
europeanbusinessreview.com
Copyright protection
With the help of blockchain, copyright laws
can be beefed up, ensuring that every artist
or creator gets their fair share of their
content.
simplilearn.com
Digital voting
Due to its high level of transparency, voter
fraud would be a thing of the past with the
help of blockchain technology.
computerworld.com
Food safety
Another benefit of using blockchain technology
can be applied to the food safety to trace the
origins of your food till your plate, since data is
immutable on blockchain.
cxotoday.com
Tax regulation and compliance
With its immutability and transparency
properties, blockchain can help governments
to make sure companies are abiding by the
tax regulations and complying pay tax dues
on time.
eleks.com
Weapons tracking
Blockchain can help in gun and weapons
control, by tracking ownership and usage,
which will help law enforcement
agencies.
cxotoday.com
Medical records
Blockchain will also help for better patient
privacy and strong patient records that will
increase safety and convenience for the
patient and doctors alike.
blockbox.com
Comments