harrymossh
4 months ago  Karma: 537
What is the most important real-world use-case of the blockchain tech?

What is the most important real-world use-case of the blockchain tech?

en
#blockchain
harrymossh
4 months ago  Karma: 537
What is the most important real-world use-case of the blockchain tech?

What is the most important real-world use-case of the blockchain tech?

en
#blockchain

3 ANSWERS
qantumtbfmir
4 months ago Karma: 278

I think one of the most important real-world benefits blockchain can bring is related to voting because it can allow seamless identity verification and vote counting. Its immutability and transparency will render any rigging attempts useless.

I think one of the most important real-world benefits blockchain can bring is related to voting because it can allow seamless identity verification and vote counting. Its immutability and transparency will render any rigging attempts useless.

silverio_bussone
4 months ago Karma: 90

Supply chain management

The blockchain is a good solution for tracking goods and their movements through the supply chain.
Usually, moving goods involves tens of different companies that must interact with each other and must share access to​ the same source of information. These days, these interactions are performed using various channels: automated APIs, email, fax an phone. Obviously, it is resource and time consuming to keep all the data synced.

There are already several successful projects that aim to solve the inefficiencies in the supply chain management.

Supply chain management

The blockchain is a good solution for tracking goods and their movements through the supply chain.
Usually, moving goods involves tens of different companies that must interact with each other and must share access to​ the same source of information. These days, these interactions are performed using various channels: automated APIs, email, fax an phone. Obviously, it is resource and time consuming to keep all the data synced.

There are already several successful projects that aim to solve the inefficiencies in the supply chain management.

yo0g6
4 months ago Karma: 663

Currently, the healthcare sector is confronted with the lack of a secure platform to store data. Most of the information is now saved in legacy systems that can't communicate with each other. As a result, it is almost impossible to devise a coherent security policy to allow hospitals to share data only with authorized individuals/entities.
If blockchain will be adopted, all the person's medical records can be connected and securely managed using the blockchain

Furthermore, blockchain can be used in pharmacies where drugs are bought. Hence, a complete medical history of each patient could be built.

To conclude, the benefits are important for both patients and practicians.

Currently, the healthcare sector is confronted with the lack of a secure platform to store data. Most of the information is now saved in legacy systems that can't communicate with each other. As a result, it is almost impossible to devise a coherent security policy to allow hospitals to share data only with authorized individuals/entities.
If blockchain will be adopted, all the person's medical records can be connected and securely managed using the blockchain

Furthermore, blockchain can be used in pharmacies where drugs are bought. Hence, a complete medical history of each patient could be built.

To conclude, the benefits are important for both patients and practicians.

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