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7 unexpected uses for blockchain

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Blockchain is more than cryptocurrency. Here are seven examples of how blockchain is changing the world. Want to learn more? Visit http://bit.ly/2nh1oQV

Publicado en: Economía y finanzas

7 unexpected uses for blockchain

  1. 1. 7 unexpected uses for blockchain
  2. 2. Yes, blockchain is the technology behind Bitcoin. But just like the internet is more than email, blockchain is more than cryptocurrency. Check out these seven examples of how blockchain is changing the world.
  3. 3. Product tracking Track a single item – such as an apple – throughout the entire supply chain process. The benefit? Easier inventory management.
  4. 4. Legal agreements Trace intellectual property rights and payments. If you sign a contract for digital photos, you can verify the seller has the authority and right to sell them.
  5. 5. Elections Encrypt votes and allow private individuals not only to confirm who they voted for, but also to verify that all votes were properly counted.
  6. 6. Government-issued documents Identify information such as ID cards, Social Security Numbers and medical information. This could help homeless individuals who may not have easy access to items that prove identity.
  7. 7. Stock market trades Reduce costs for trading on the stock market by virtually eliminating manual errors.
  8. 8. Medical records Store medical records securely so medical professionals can access vital health data, no matter where you are.
  9. 9. Financial Transactions Increase compliance and combat fraud by tracking assets and debt. Employers could automatically manage and track payroll and benefit expenses.
  10. 10. Thank you © 2018 Association of International Certified Professional Accountants. All rights reserved. Thank you © 2018 Association of International Certified Professional Accountants. All rights reserved.© 2018 Association of International Certified Professional Accountants. All rights reserved. Now that you know what blockchain can do, check out the next video to learn how it works.

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