Scope of a blockchain application isn't limited to cryptocurrencies at all.

in #ico6 years ago

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Scope of a blockchain application isn't limited to cryptocurrencies at all. This technology is capable to prove in many #branches and to bring essential #benefit to the society. Projects based on a blockchain continue to challenge to the centralized systems and their control for various aspects of people activity, protecting thereby values of #society.

👨‍💻️Here several real examples from #world practice:

📍In #Kenya, the independent commission on elections and borders (IEBC) has announced plans to use a blockchain technology for providing results of polls in real time, thus, having improved process of vote and trust in it.

📍#Sweden plans carrying out transactions with the real estate on a blockchain in such way all participating parties – banks, the governments, brokers, buyers and sellers have an opportunity to trace the course of implementation of the agreement after its end. It allows to confirm authenticity of transactions instantly.

📍#GreatBritain plans the application of a blockchain for management of grants distribution. As the control and monitoring of subsidies use is incredibly difficult, and it is exposed to fraud or abuse, the blockchain available to all parties is the best way to solve this problem.

Considering world scales of application and level of players who have already begun to use technology in #business,it’s absolutely silly to consider a blockchain as some strange suspicious #innovation which can be forgotten after a while.
For only several years the blockchain has passed a way from a novelty in the technological world to the tool which large banks, corporations and the states begin to use what strengthens confidence that in the #future the technology will realize the potential even #stronger.

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