One of the key features of Blockchain is that this digital ledger is accessible across several hundreds and thousands of computer and is not bound to be kept in a single place. Blockchain chain has already started disrupting the financial services sector, and it is this technology which underpins the digital transaction.
Financial Services
In the financial services sector, Blockchain technology has already been implemented in many innovative ways. Blockchain technology simplifies and streamlines the entire process associated with asset manageme
Healthcare
Blockchain can play a key role in the healthcare sector by increasing the privacy, security and interoperability of the healthcare data. It holds the potential to address many interoperability challenges in the sector and enable secure sharing of healthcare data among the various entities and people involved in the process. It eliminates the interference of a third-party and also avoids the overhead costs.
Government
Blockchain technology holds the power to transform Government’s operations and services. It can play a key role in improving the data transactional challenges in the Government sector, which works in siloes currently. The proper linking and sharing of data with Blockchain enable better management of data between multiple departments.
CPG and Retail
There is a huge opportunity for Blockchain technology to be applied in the retail sector . This includes everything from ensuring the authenticity of high value goods, preventing, fraudulent transactions, locating stolen items, enabling virtual warranties, managing loyalty points and streamlining supply chain operations.
Travel and Hospitality
The application of Blockchain can radically change the travel and hospitality industry . It can be applied in money transactions, storing important documents like passports/ other identification cards, reservations and managing travel insurance, loyalty and rewards.
Benefits of Blockchain Technology
Easystepin has developed solutions that address areas like anti-counterfeit solutions and air worthiness certificate tracking in the manufacturing industry and supply chain trace ability across industries. The benefits of these solutions include improved process efficiency, optimized costs and the ability to foster innovative business models.
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