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Tag Archives | blockchain technology

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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How Blockchain and IoT Will Enable “Smart Contracts” 

The Internet of Things (IoT) is creating excitement over its potential to transform the world, but the real power of IoT will be bolstered by another emerging technology—blockchain.  IoT is a system of interconnected devices that gather and transfer data over a wireless network. These devices come with sensors that collect, store, and examine data. […]

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How Blockchain Will Boost Global Supply Chains During the Pandemic

With more people shopping online than ever before during the COVID-19 pandemic, blockchain is increasingly becoming a solution to tracking and authenticating goods along the complex and arduous global supply chain. Blockchain is a decentralized digital ledger of transactions that records data in a way that prevents hacking and data altercation. Not only will this […]

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Seven Ways Blockchain Will Strengthen IoT 

The Internet of Things (IoT) is gaining momentum. Between 2014 and 2019, the number of companies using IoT grew from 13% to 25%, according to the consulting firm McKinsey & Company. By 2023, there are expected to be 45 billion connected IoT devices, which will help set the foundation for future smart cities. Despite the […]

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blockchain-covid-19-applications

Can Blockchain Help to Stop the Spread of COVID-19?

Many experts fear that using technology like blockchain to track personal health data during the COVID-19 pandemic can threaten personal data privacy in the United States. However, others say the technology can help stop the pandemic’s spread without encroaching on privacy, as long as it’s done correctly.  “The current ethos is to give up all […]

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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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