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Tag Archives | blockchain use cases

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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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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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blockchain-in-healthcare-applications

Improving Patient Outcomes and Healthcare Efficiency with Blockchain

A streamlined, cost-effective healthcare system requires efficient sharing of information between legacy systems. However, systems storing critical healthcare data often operate in silos. Even worse, they can be easy to hack. A report from BIS Research observes, “Less than 10% of healthcare organizations regularly share medical information with providers outside of their organization. The lack […]

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How Blockchain is Transforming the Supply Chain

As anyone responsible for supply chain management can tell you, the demand for accountability and tracking at every step of the supply chain just continues to grow. For example, consumers want to know where their vegetables were sourced, how they were grown, handling methods, refrigeration temperatures in transit, how long since they have been harvested, […]

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Promising Blockchain Pilot Programs in Supply Chain

According to Gartner, a leading research and advisory company, blockchain has the potential to become a viable solution for major supply chain issues as the complexity of the supply chain sector continues to grow. These issues include counterfeit products, visibility/traceability, and efficiency play. Several companies worldwide are already testing blockchain pilot programs for supply chain […]

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blockchain-technology-in-healthcare

3 Promising Use Cases for Blockchain Technology in Healthcare

The current technologies used in the healthcare industry face limitations in areas security, privacy, and full ecosystem interoperability. Although several challenges must be addressed before any large scale adoption can be attempted, a healthcare blockchain could transform the industry through the secure nature of distributed ledger technology. A blockchain-powered health information exchange has the potential […]

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Creating a Blockchain Use Case in 7 Steps

At TNW2019 in Amsterdam, the in-house blockchain team at consulting giant Deloitte walked participants in the “Beyond tech: blockchain strategy for complex environments” workshop through the process of coming up with viable distributed ledger use cases. The team noted that although blockchain has its challenges, the up-and-coming technology is clearly well suited for financial applications, […]

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