It’s becoming increasingly clear that blockchain technology encompasses far more than simply Bitcoin. Innovative applications arise daily in various fields, including banking, healthcare, media, and government. Here are 35 of the best ideas I’ve found thus far. A few will most likely disappoint, but if blockchain is as game-changing as many have predicted, others may become household names in the process. For more precise information, visit like the Bitcoin Prime app
Cybersecurity
Guardtime Using blockchain, this business is developing “keyless” signing systems for securing the medical records of the one million Estonians. Digital certificates stored on the blockchain will replace usernames and passwords in the REMME decentralized authentication system.
Healthcare
An MIT project using blockchain to manage identity, secrecy, and data exchange is MedRec (Medical Records). CDC and this firm collaborate to place disease outbreak information on a blockchain, which the company claims would improve disaster relief & response efficiency. Health Nexus, which seeks to offer a decentralized blockchain patient record, and ConnectingCare, which follows patients’ progress after leaving the hospital, are developed by SimplyVital Health.
Services Provided by Financial Institutions
ABRA The Bitcoin blockchain is used by a cryptocurrency wallet to store and track the balances of several currencies. Bank Hapoalim An Israeli bank & Microsoft have teamed together to develop a blockchain-based system for handling bank guarantee contracts. Barclays has established various blockchain projects to track financial transactions, comply with regulations, and fight fraud. “Our belief…is that cryptocurrency is a vital element of the future Linux kernel for the globe,” the report reads, and Maersk To streamline marine insurance, the shipping and transportation alliance has announced ideas for a blockchain system.
Provenance in Manufacturing and Industry
The goal of this project is to make supply chains more transparent by utilizing a blockchain-based provenance record. Hero, A cryptocurrency framework for prototype and proof-of-concept collaboration, is being developed by Fluent, previously known as Fluent. A third party is developing SKUChain, An additional supply-chain tracking and tracing blockchain system. Blockverify Diamond, pharmaceuticals, and luxury goods industries are the first to adopt the platform’s anti-counterfeiting features.
Government
Government The Emirate of Dubai wants to be the world’s first state to use blockchain technology. Earlier this year, a group made up of 30 government agencies convened to look into ways to limit the distribution of conflict diamonds, including health records, shipping, and company registration. Estonia On a project involving the construction of a new data center to transfer public documents onto the blockchain, the Estonian administration has collaborated with Ericsson. 20 the Republic of Korea Samsung is working with the Seoul government to enhance blockchain technologies in public health, safety, and transportation. Govin To record and manage benefit payments, the UK Government of Work and Redundancy is looking into adopting blockchain technology. Democracy. Earth
Charity
But give, The goal of this service is to make charitable donations more transparent and show the relationship between philanthropic contributions and project outcomes. Saving The Babies, The Water Project, and Medic Mobile are just a few of the well-known charities with whom it collaborates.
Retail
OpenBazaar As the name implies, OpenBazaar seeks to create an open market where it may sell products and services directly amongst users. Blockpoint.io Payment systems based on blockchain currencies like Bitcoin and gift vouchers and loyalty programs generated from the blockchain are now possible for merchants.
Real Estate
One business is building a blockchain-driven solution for the complex legal procedure that causes difficulty and expenditure in real estate transfers.
Transport and Tourism
Microsoft Azure Bloq Storage Services It’s been reported that IBM plans to go public in 2018 with a variety of non-finance blockchain ventures it has with international partners. This video shows how car leasing companies may improve efficiency. Lazio is a platform run by the community to match people in need of a lift with available seats in real-time. Webjet As a result, the online travel agency is working on a blockchain solution that will make it easier to keep track of and trade vacant hotel rooms while also distributing money equitably to the network of intermediary companies that help fill last-minute vacancies
Media
Stock in Media Kodak recently soared after the company revealed plans to build a blockchain system to monitor copyrights and payments to artists. UK music was by the vocalist Imogen Heap to keep track of royalties paid to musicians and provide them with a paper trail of who owns their work and when. All of these changes are fascinating to see. They show the enormous potential that blockchain technology offers.
