Five real-world examples of blockchain technology

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Five real-world examples of blockchain technology

While most people associate blockchain with cryptocurrency, it’s actually so much more. Here are five fascinating uses of blockchain technology in practice

Like the Internet in the late 1990s, blockchain is today’s game-changer. It creates convenience for both businesses and consumers, and most important of all – transparency.

In simple terms, blockchain is a time-stamped series of digital transactions. Managed by a cluster of computers instead of one single entity, each transaction – or block of data – is linked by code, making it genuinely secure and resistant to modification.

As we continue to witness blockchain’s transformational impact, more and more governments, global businesses and other major organisations are recognising its potential and using it across a variety of real-world applications. Here are just a few of the latest incredible uses.


Topics

  • Big Data
  • Technology