5 Industries Blockchain Technology Will Disrupt. Part 3

Words
249
Reading
2 min
Listen
Play
9y

Screen Shot 2017-12-05 at 8.49.19 PM.png
5 Industries Blockchain technology will disrupt in the near future.

Government

  • Government systems are often slow, opaque and prone to corruption
  • Blockchain an Reduce Bureaucracy & increase security, efficiency and transparency of governmental operations
  • Dubai is aiming to put its government documents on the blockchain by 2020
  • Public Benefits

  • Public benefits system suffers from slowness and bureaucracy
  • Blockchain tech could help access, verify and distribute benefits securely
  • Govcoin is helping the government to distribute public benefits using the blockchain
  • Healthcare

  • One of the challenges hospitals face is the lack of a secure platform to safely store and share data.
  • Blockchain can help hospitals safely store medical records and share them with authorized doctors or patients
  • This will help improve all functions of healthcare and even speed up diagnosis
  • Energy Management

  • Energy management has been a highly centralized industry for a long time
  • energy users and producers cannot buy energy directly from each other and mist go through the public grids
  • transactivegrid uses the ethereum blockchain and allows customers to buy and sell energy from each other in a decentralized way
  • Online Music Industry

  • Blockchain startups are coming up with ways for musicians to get paid directly from their fans
  • This eleminates the high fees record companies and third parties charge to distribute their music
  • Smart contracts can be used to solve licensing issues and catalog songs with their respective creators
  • Thanks for checking this bit of information out! More industries the blockchain will disrupt coming later this week!

    -Spacebird

    5 Industries Blockchain Technology Will Disrupt. Part 3 | Ecency