This is a wonderful topic that would make us explore the amazing contributions of blockhain in our everyday lives.

Blockchain is changing everyday life for everyone, what is your opinion on the matter?

I do believe that blockchain is indeed changing everyday life in immense ways.The permanent, and decentralized nature of blockchain makes it the perfect option for carrying out secure advanced exchanges.

New improvements like Smart contracts are assisting with extending the reach of blockchain, revealing it to a set of new industries. Many organizations are currently incorporating blockchain into their everyday activities to automate processes in a safe and straightforward way.

Blockchain is eliminating the need for a third party in financial transactions. Before now, it was very difficult to transfer money to someone overseas without third parties like banks. The banks incurred their own costs and time wasting. This has been eliminated by blockchain

Without any central authority and via an organization of broadly distributed computers, blockchain transactions can be safely checked and finished without the requirement for any middle party oversight.

What are the main advantages and disadvantages, in adopting the use of blockchain in everyday life?

Advantages

• Data which is stored utilizing blockchain is permanent. This means one does not necessarily have to stress over losing the data since copies are put away at every node as it is a network that is decentralized and has various dependable nodes. This makes blockchain an excellent choice for keeping financial data or any data that would require auditing as every change made is permanently stored on a distributed ledger and is track able.

• With blockchain technology, one can't be censored. This is because there is the absence of a central authority for other parties to meet and ask for their data to be deleted. Furthermore, due to the fact that decentralized apps don't need domains or addresses, it is not possible to block the domains and addresses of individuals.

• In conventional methods of payment, transactions involve a middle party like banks. Blockchain eliminates the need to be dependent on these middle parties and their high costs as transactions are processed and confirmed by the network of nodes.

Disadvantages

• One disadvantage is that it is hard for data to be modified once it has been put on the blockchain. Despite the fact that data immutability is one of blockchain's strong points, it is also a disadvantage. Modifying the data would be very tedious and may require abandoning one chain and adopting a new one.

• With blockchain, users have to keep their own private keys safe. This means that if they eventually lose the keys, their account, data, money and any other thing is lost forever as there is no way to recover them.

• Blockchain consumes a lot of storage. The ledgers of blockchain can get very huge with time. For instance, the bitcoin blockchain need over 200 gigabytes of storage. The speed at which blockchain is growing in size is beginning to overshadow the growth of hard drives.

Discuss the future of blockchain, and how this technology is impacting the world

Blockchain is the future. It is impacting the world in various ways.

• Blockchain has given us the ability to be able to easier track food supply chain. With blockchain, Food suppliers can now pick out the origin of food contamination. Furthermore, they can track food producers in the supply chain. Apart from food, the transparency offered by blockchain has made it possible for consumers to know the actual source of the good produced.

• Blockchain is also impacting the energy sector. Blockchain enables consumers to sell off extra energy to their neighbors, thereby eliminating control by the utility companies.

• Governments have previously started tasks to integrate blockchain technology into their day to day activities. In the United Kingdom for example, the Government has utilized blockchain in the dispensing of educational loans and furthermore to follow up the distribution of funds to the less privileged. The idea of the authorities is that blockchain has the capacity to help decrease corruption, fraud and expenses by moving away from the ongoing utilization of paper.
  Authorities are seeking to utilize the blockchain innovation for keeping records, including land documents. The utilization of the blockchain ledger could, as a matter of fact, be utilized to record the exchange of titles as well as property deeds

• The Music Industry is not left out. Insurance of privileges and dissemination of profit inside the music business is a key thought, as the business takes attempts at ways of embracing the innovation.
  Eliminating the issue of piracy and permitting audience to download music put on the blockchain, using crypto to pay for music would be one of the major changes in the business. It would likewise imply that the appropriate individuals get paid. It likely could mean the demise of wholesalers.

What is your opinion about the implementation of blockchains in the health sector? Has the implementation been positive or negative? Explain a use case

I think the implementation of blockchain in healthcare has been a wonderful innovation.
This implementation has had a positive impact on health care.
Here is a use case:
Blockchain has brought about the elimination of paper trail in the healthcare delivery and making sure the medical data of patients are accessible to the patients’ without the danger of a hack or a leak.
Furthermore, the medical data on blockchain's ledger can make available the needed data points to facilitate the fight against disease outbreaks.