5 Industries Blockchain technology will disrupt in the near future.
Insurance
The global insurance market is based on trust, the blockchain can help facilitate that trust
Blockchain is a new way to manage trust. It can be used to verify all types of data
Oracles can be used to integrate real world data with blockchain smart contracts
Private transport & Ride Sharing
Blockchain can be used to create decentralized peer to peer ride sharing apps
This allows both car users and riders to exchange funds in a secure way without thrid party apps
Cloud Storage
Centralized servers are vulnerable to hacking, data loss and human error
Blockchain allows cloud storage to be more secure and robust against attacks
Charity
Common complaints with charity organizations is corruption and inefficiency
Blockchain will let donors see the intended parties received the funds
Voting
Blockchain can be used for voter registration and identity confirmation
Blockchain can be used to count and record votes
Immutable, public accessible ledger of recorded votes would help bring transparency to democracy
Thanks for checking this bit of information out! More industries the blockchain will disrupt coming later this week!
-Spacebird
