Blockchain is an emerging technology in all over world . Interesting things happen in this technology, what? people becoming millionaires off a small investment. The reason behind , it is this : Blockchain.
Here are few interesting capabilities slight_smile:
1. Tracking the Food Chain
Many people don’t know where the food is coming from ? Because, they bought a food from corporate instead of former. So only food wastage happening. That’s why IBM creates Food Trust system which uses blockchain technology to record and track every step of food processing. This is creates consumer trust, maximize freshness and minimize food waste.
2. Paving way for the voting system
Now a days government around the world are trying to find safety, security and eliminating fake voters in voting system. The blockchain-based mobile voting platform, developed by Voatz, was only available to a select group of voters. They included the following groups: Deployed military members, other citizens eligible to vote absentee under the Uniformed and Overseas Citizens Absentee Voting Act (UOCAVA), and their spouses and dependents.
once blockchain technology is implemented in blockchain system, it may create a new road of democratic freedom.
3. Inventing a system for protecting workers
We are living in a global economy. And our home filled with goods made by other countries. In meanwhile, outsourcing products and offer low price goods to consumers it’s the good way for saving money. But, it’s increases workers efficiency. That corporate forces to workers is implementing abusive conditions. so, good example, coco cola creates a certain condition of system for their workers using blockchain technology.
Blockchain technology creates transparency, accountability to workers. In this way, workers going to be protecting on all over the world.
4.Revoultionizing Real estate
Everyone needs own house. using blockchain technology buyers and sellers directly contact with each other. Because, blockchain uses a decentralization mechanism so , it will be visible to everyone. So, it’s eliminates brokers, real estate agents, mortgage agencies . It’s creates buyers and sellers transaction directly without any other middle man.
Airbnb has already changed the hotel industry allowing direct contact between buyers and sellers. Like this blockchain do the same to real estate.
5. Steering Better Foreign Aid
when disaster or war happens lot of people will be affected in all over the world. That time funds brings to those people . In at that time corruption government people will interfere and steal from those in need.
Blockchain can help track donations and record every steps so this way that funds will reach the correct destination.
If you want to know how blockchain can help your business keep up with a changing world, i would recommend Ionixx Technologies at Leadingblockchain development company in USA , Canada, Singapore and India where we have development center. They offers end to end blockchain solutions to your business needs. Schedule your free consultation, Reach us today!