Impact of Blockchain on Industries

1
Impact of Blockchain on various industries
2
Have a quick look various industries

• Banking industry
• Politics
• The Healthcare Industry
• Government Crypto
• Digital Identity Management
• Charity

3
Banking Industry

• Blockchain technology is efficient enough to
  handle the issues faced by the banking industry
  too.
• The decentralization system, provided by the
  Blockchain will help to transfer money cheaply
  and swiftly.

4
Politics

• The votes were usually misplaced and hacked by
  the opponents and the other reasons.
• With the help of Blockchain technology, there has
  come transparency in the counting and managing of
  the voting process.

5
Healthcare

• Healthcare is considered to be the foundation of
  the national economy.
• According to Invest Blockchain Statista In
  America, it contributes to a fifth of the
  national economy, which amounts to roughly 3.8
  trillion.
• Blockchain technology can regain the trust of
  the patients and doctors by safely storing and
  transferring data.

6
Government Crypto

• It can be possible that the government will adopt
  the cryptocurrency in the future
• According to the Blockchain EXPO,Statista the
  Zimbabwe dollar, after the economic issue of
  50,000,000,000, many Zimbabweans adopted bitcoin
  against their traditional currency. And this
  result in the rise of bitcoin.
• It is in comparison to traditional currency,
  cryptocurrency is more secure and transparent.

7
Digital identity Management

• Digital storing of data has become the most
  popular and crucial these days as it the fastest
  way of storing data.
• Various measures have been taken in this concern
  in order to avoid this issue.
• Blockchain has provided a self-key as an identity
  network which allows users and the utility
  providers to connect in order to share personal
  data like bank accounts, residency, citizenship.

8
Charity

• There are various charitable organizations which
  didn't give an explanation of the money spent.
• Blockchain technology is going to take a strict
  step to verify that the hard earned money by
  providing the feature of transparency.
• platforms like Alice, Giveth, and Aidcoin that
  are desiring to make charity transactions more
  transparent.

9
Conclusion

• Blockchain is the highly secure technology which
  is still serving to various sectors and will
  revolutionize the various sectors in the coming
  time. It is the most secure way of storing and
  managing data related to each organization.