How Blockchains are Taking Over the World

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Hi Steemians,

I have come acorss a good article, thought of sharing with community. Have a good read.

When talking about blockchains, we commonly think of its applications in the future. “Blockchain will solve this, blockchain will achieve that”. It’s easy to forget that blockchains are already deployed in the wild.

The ‘World Economic Forum’ anticipates that 10% of global GDP will be stored on the blockchain by 2025. That means the global executives out there are preparing for this seismic shift, and are ready to completely back its implementation. The impact of distributed ledger technology could be as grand as the internet revolution itself.

Government

A number of governments have expressed an interest in blockchain technology to store public records on a decentralized data management framework. Essentia is developing an e-government pilot with Finland’s Central Union of Agricultural Producers and Forest Owners. Blockchain will enable urban and rural citizens throughout Finland to access records.Other use cases include government applications such as education, public records and voting.

Waste Management

Waltonchain’s RFID technology is being used by a Smart Waste Management System in China. Using Walton’s blockchain, the project will enable supervision of waste levels to improve operational efficiencies and optimize resources.

Identification

Zug in Switzerland, known as “Crypto Valley” has developed a blockchain project in partnership with Uport to register residents’ IDs, enabling them to participate in online voting and prove their residency.

Healthcare

Medical records are notoriously scattered and erroneous, with inconsistent data handling processes meaning hospitals and clinics are often forced to work with incorrect or incomplete patient records. Healthcare projects such as MedRec are using the blockchain as a means of facilitating data sharing while providing authentication and maintaining confidentiality.

Enterprise

Clients of Microsoft Azure Enterprise can access the Ethereum Blockchain as a Service. This provides businesses with access to smart contracts and blockchain applications in a secure hosted environment.

Read the complete details : https://medium.com/@matteozago/50-examples-of-how-blockchains-are-taking-over-the-world-4276bf488a4b

Hope it will add a value to community.

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Thanks Man.. Hope it was a good read

Dont forget to check my Learning series on BlockChain and if you like do consider to resteem it, so that it ll add a value to your followers too !

Thxs

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