Know About Blockchain Applications

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4 years ago

The early internet used to deal with intangibles. People used to send or receive emails, discuss on forums, read or write articles. But the modern internet deals with assets, all valuable data that you need to protect. All of your assets are stored in the encoded form on a network-to-network chain which is known as the blockchain. This blockchain protects your business data and prevents theft, at the same time it fastens the process, fewer errors, and saving you to hire any third party.

This decentralized blockchain system is perfect to change life and also it will change the way you do your business transactions or manage assets. Along with the use of this technology, it will transform the operation system of banks and other financial institutions, hospitals, companies, and governments institution. So to keep up with this technology and faster world, blockchain course and certification is a must. It can be helpful to buildup your own blockchain applications.

Few of the blockchain applications are like,

  1. Asset Management: Trade Processing and Settlement

  2. Smart Appliances

  3. Payments: Cross-Border Payments

  4. Vested responsibility

  5. Your car/ smartphone

  6. Blockchain Internet-of-Things (IoT)

  7. Unconventional money lenders/ hard money lending

  8. Supply Chain Sensors

  9. Insurance: Claims processing

  10. Blockchain music

  11. Blockchain Government

  12. Public value/ community

  13. Blockchain Healthcare

  14. Blockchain Identity

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