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Tag Archives | blockchain applications

healthcare-industry

Three Ways Blockchain Will Revolutionize the Healthcare Industry 

Today’s healthcare industry is plagued by outdated record keeping systems that are difficult to manage and protect. Blockchain technology is expected to dramatically improve this system. As we discussed in previous posts, blockchain is a decentralized digital ledger of transactions that records data in a way that prevents hacking and altering of data by duplicating […]

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food-supply-chain

Four Ways Blockchain Can Enhance Global Food Supply Chains

Improving transparency and security, preventing fraud, and reducing errors along supply chain routes are just a few of the ways blockchain can help businesses thrive. Perhaps the biggest benefit of all is the amount of time and money blockchain can save companies while boosting trust and customer loyalty. “We see a major application of blockchain […]

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blockchain-and-iot-applications

Why the Future Internet of Things Depends on Blockchain

The Internet of Things (IoT) has the power to connect all devices through a cloud-based ecosystem. In the future, it could potentially undergird the infrastructure of smart cities in order to make communications far more streamlined and efficient than they are today. However, a major obstacle for IoT is that it still depends largely on […]

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Three Major Ways Blockchain Can Boost Supply Chains 

The supply chain industry is filled with obstacles, particularly when it comes to the logistics of getting goods and materials from one place to another. Current supply chain systems are laden with paperwork and the headache of unanticipated problems that arise in daily operations. Increasingly, experts see blockchain technology as a potential solution to simplifying […]

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blockchain-transform-healthcare

How Blockchain Can Transform Healthcare

Blockchain technology is poised to rapidly transform healthcare worldwide. Over the next seven years, the technology is estimated to undergo a 70% compound annual growth rate in healthcare due to growing data breaches in the industry, found a recent TechSci Research report. North America should see the highest demand, according to Karan Chechi, Research Director […]

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How Businesses and Governments Plan to Invest in Blockchain

Blockchain is starting to take off. As the technology rapidly matures, many governments and businesses are eager to get on board. The recent release of Hyperledger Fabric 2.0, an update of the modular blockchain framework under the IBM Blockchain Platform, marks a significant development in distributed ledger technology. This new version of the protocol features […]

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blockchain-as-a-service-supply-chain

Blockchain-as-a-Service for Supply Chain

As companies continue to grow, Blockchain-as-a-Service (BaaS) can help supply chain systems grow alongside the companies in order to better keep up with incoming demands. If an organization’s supply chain team need to spend all their time just keeping pace with demand, when will they have the time to think strategically and plan for the […]

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The Potential of Blockchain for IoT

Earlier last month, Zion Market Research estimated that the global blockchain Internet of Things (IoT) market will become a three billion dollar industry by 2025. Worth $32 million (USD) in 2018, the report puts the industry at a 91% growth rate. As an increasing number of businesses invest in IoT to connect and share data, […]

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