3. Bitcoin is a crypto currency. This means that it is a
decentralized electronic currency (not controlled
by any central bank).
The main advantages here of blockchain
technology are: security, efficiency and ease of
exchange.
Bitcoin and the other crypto currencies are just
some examples of blockchain applications.
BITCOIN, CRYPTO &
BLOCKCHAIN
A BRIEF REVIEW... chainGO
4. So, what is
Blockchain?
Blockchain is a technology that utilizes a
distributed, not centralized, database
structure. Therefore, acting like a digital
notary, it records all transaction in linear
order in an immutable and secure way.
Some advantages offered by blockchain
technology are: verified transactions,
transparency and timestamp of events.
A BRIEF REVIEW...
chainGO
5. MAIN
ADVANTAGES
+200 surveys made
sectors: banking, fintech, industrial and corporate
According to companies that
already use blockchain
technology
Source: Cointelegraph
A BRIEF REVIEW...chainGO
8. HEALTH TECH
As patients move between providers, their data
becomes scattered across different organizations,
losing easy access to past records.
As a result, patients face obstacles in viewing their
reports, correcting erroneous data, and
distributing information.
MedRec is a system that prioritizes patient
agency, gives a transparent and accessible view
of medical history.
1
https://medrec.media.mit.edu/
TOP 13 BLOCKCHAIN USE CASES
9. INSUR TECH
Multi-country insurance programs are complex to establish and manage.
Country-specific contracts ensure a continuous flow of information between
customers and headquarters, through e-mails, paper and phone calls.
Legal terms are common and each multinational program has to be
adapted to the preferences of the insured in a flexible way over time.
AIG, together with IBM, uses blockchain technology to improve the certainty
and pace of contracts, immediate access to policy and payment status,
privacy, etc. All of this to speed up the administration of the programs and
increase the transparency of the policies.
2
https://www.aig.com/
TOP 13 BLOCKCHAIN USE CASES
10. VOTING
The current system of public voting is made possible by the participation of
many people in charge of tasks such as vote counting, polling station officials,
etc.
In addition, it is a traditional system that still uses math as voting cards, stamps,
pens, etc.
And although online voting already exists, it cannot be established as a default
system. Since it has a series of risks and uncertainty in the control of the process.
Horizon State is one of the companies that has decided to create a system
based on blockchain technology, which ensures that the votes of each individual
are made effective thanks to a verification system that lacks the need to even
know the identity of the voter.
3
https://horizonstate.com/
TOP 13 BLOCKCHAIN USE CASES
11. 4
FIN TECH
As a result of an increasingly interconnected world, money transfers
between borders are becoming increasingly opaque, late and
expensive. A problem that is gradually growing.
According to McKinsey, these global payments account for about 20% of
total transactions. But if cross-border fees were to be reduced, the
banking sector could lose +$200 billion, and so they do not offer a
solution to this problem (despite the pressure to the industry).
Ripple is a network where institutions (such as banks and companies)
use solutions (provided by Ripple) to provide an easier, faster and
cheaper way to send money globally.
Ripple also has its own crypto-currency (XRP).
https://ripple.com/
TOP 13 BLOCKCHAIN USE CASES
12. LUXURY
Tracr is a platform that proves the
origin and authenticity of
diamonds.
Thus, at the mine, diamonds are
scanned and tracked until they
reach the point of sale, and this
data is entered into the platform.
5
https://www.tracr.com/
TOP 13 BLOCKCHAIN USE CASES
13. LEGAL TECH
According to Finra, there are +2000 new arbitration cases per year,
and +4000 that remain open.
These take +1 year to resolve and can cost up to over $100,000.
Juris is one of the blockchain solutions that have emerged to
provide smart contracts that minimize the possibility of disputes
arising. And if they do arise, the jury of arbitrators is randomly
selected from a database and will rely on the terms of the smart
contract to make decisions.
This way, in the event of a judgment, payment is faster and
cheaper.
6
https://getjuris.com/
TOP 13 BLOCKCHAIN USE CASES
14. TOURISM & HOTELS
The tourism and hotel industry is looking to implement
identification systems based on blockchain technology.
These will facilitate check-in at hotels and airports in order to
streamline processes and provide greater control and privacy
over customer data.
Tui Group currently has a private blockchain platform with which
it manages all its real estate assets and internal processes.
They are also working with IBM to develop another public
blockchain platform for hotel distribution.
7
https://www.tuigroup.com/
TOP 13 BLOCKCHAIN USE CASES
15. RENEWABLE ENERGY
The use of blockchain technology will lead to lower utility bill costs in the
industry and lower transaction costs for gas and electricity.
Energy devices (such as water heaters, batteries or electric vehicles) will have
the opportunity to communicate with the grid operator.
In this way, access to the use of renewable energies will also be accessible to
those who, for economic reasons, do not use them today.
ME SOLShare is one of the new blockchain startups that brings some of these
advantages. Because, its objective is to connect homes with solar panels
through a micro community network.
They use a bi-directional DC electricity meter (SOLBox), with which each
person can access community commerce (all SOLBoxes interact with each
other).
9
https://www.me-solshare.com
TOP 13 BLOCKCHAIN USE CASES
17. JOURNALISM
The journalism and media industry currently has
centralized institutions, with which much of the
published content is censored and there is also a large
amount of low-quality content.
PubliQ aims to eliminate this censorship, allowing the
free creation, selection and evaluation of content.
In this way, authors and readers are part of a totally
secure and impartial environment of trust.
10
https://publiq.network/
TOP 13 BLOCKCHAIN USE CASES
18. REAL ESTATE
The transactions usually carried out by Commercial
Real Estate brokers are characterized by high costs,
manual work and the use of outdated technology.
Arex offers a platform that allows these transactions
to be carried out in a faster, safer and cheaper way.
Therefore, thanks to the use that Arex makes of the
latest technologies (such as blockchain), it's able to
provide all these advantages from the same
software.
11
https://www.arexre.com/
TOP 13 BLOCKCHAIN USE CASES
19. SUPPLY CHAIN
One of the problems faced by the food industry is the slowness to
act when there is a case of foodborne disease.
When this happens, it takes days or even weeks to find the source
of the problem.
Therefore, if greater traceability were achieved, companies could
act more quickly and more lives would be saved.
To this end, Walmart has created, with IBM as its technological
partner, a system based on Hyperledger Fabric, with which several
foods from different suppliers are already traced.
12
FOOD TRACEABILITY
https://www.walmart.com
TOP 13 BLOCKCHAIN USE CASES
20. LOGISTICS
Due to the large number of agents involved in the value chain of a freight
transportation process, the logistics industry continues presenting multiple
problems:
The visibility of the process is very low, so it is very difficult to ensure that all of
them are acting appropriately. And this increases the risk of fraud, too.
This also creates problems of bureaucracy and inefficient communication, as
all actors are responsible for producing and sharing different documents. And
communication between them is done through e-mails and phone calls.
And all this ends up creating problems of late deliveries, missed deadlines,
loss of goods and extra costs and penalties.
13
TOP 13 BLOCKCHAIN USE CASES
21. USE CASE 1
ChainGO Freight is an innovative software in
which loaders and logistics companies (intermodal)
share and manage all the documentation and
information needed in a freight transportation
process, in a more agile, fast and secure way.
Guaranteeing complete traceability between the
different agents in a Blockchain environment, thus
generating a more efficient supply chain.
13
USE CASE 2
Maersk has set up a Blockchain network (TradeLens)
with IBM with the aim of improving transparency and
visibility in a maritime freight transport process.
This provides shipping companies, port terminals,
customs authorities, etc. with real-time access to
shipping data and shipping documents.
LOGISTICS
https://www.chaingotech.com https://www.tradelens.com
TOP 13 BLOCKCHAIN USE CASES