A few technologies transform industries on a wide scale and bring revolution. This year, it is Blockchain. It started with the banking and financial sector and now covers almost every industry. In this report, we are going to talk about this revolutionizing as well as trending technology. Let’s take into account all the possibilities and challenges it has across multiple industries.

 

Blockchain will supercharge Artificial Intelligence and IoT to make everything from supply chain to digital identity management smarter and more reliable. We can say that it’s the backbone of a new type of Internet which allows digital information to be distributed but not copied.

 

Almost all of the media coverage around blockchain these days is geared towards cryptocurrencies. But it’s true that now blockchain is becoming the solution of every hurdle you face.

 

Whether it’s diamond certification, healthcare, data privacy, and security or test result authentification. The opportunities are limitless, but we have tried to gather some of the most important applications.

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