why apply blockchain to an industry?

Last Updated on April 30, 2023 by Paganoto

Blockchain Use Cases in 2021: Real World Industry Applications

For capital markets, blockchain unlocks easier, cheaper, and faster access to capital. It reduces the barriers to issuance and enables peer-to-peer trading, faster and more transparent settlement and clearing, reduced costs, decreased counterparty risks, and streamlined auditing and compliance.

Use cases of blockchain technology in business and life

Blockchain was first created to enable cryptocurrency but has since been widely touted for its potential to transform entire industries.

Blockchain Industry Applications – IBM

Remove friction, build trust and unlock new value across businesses and industries with the power of IBM Blockchain. What will we solve together?

What is Blockchain for Business? – IBM

Use cases

Today's blockchain use cases and industry applications

There are many blockchain use cases in various government agencies, including voting applications and personal identification security. …

Top 10 Benefits of Blockchain Technology for Business

Blockchain’s unique characteristics address many business issues. Here are 10 important benefits of blockchain and examples of the industries …

Using blockchain to drive supply chain transparency – Deloitte

Blockchain can drive increased supply chain transparency to help reduce fraud for high value goods such as diamonds and pharmaceutical drugs.

9 Industries That Blockchain Will Disrupt in Future – Simplilearn

1. Banking · 2. Cybersecurity · 3. Supply Chain Management · 4. Healthcare · 5. Government · Insurance. With blockchain technology’s decentralized …

65 big industries blockchain could transform – CB Insights

One sector that stands to reap the most rewards is reinsurance — insurance for insurers — which could potentially save up to $10B by using …

How blockchain can transform the manufacturing industry

Blockchain technologies have the potential to radically change manufacturing supply chains, and with them, cut out the middleman, streamline processes, and …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.