Blockchain enables governments to process large amounts of information with minimum delay, maximum uptime, as well as reducing traditional running costs associated with current technology,

In healthcare, the ability to transfer information between different providers and healthcare centres is cruical, especially in times of treatment where it is paramount that doctors are aware of patients needs before attempting treatment. In addition, blockchain ensures such sensitive information is passed on securely.

For use as a form of identification, blockchain allows individuals to control when, where and with whom they share their credentials. A secure, smart way to do this has been long missing in the digital world, and blockchain is about to change that.

The internet of things allows all important devices and machines in your life to be interconnected to better function with each other. Blockchain further enhances IOT and opens up a world of possibilities, so we can turn from having smart homes, to smart cities.

Blockchain technology, allows assets to be transferred from one party directly to another, with no middleman. The transfer is validated, permanent, and completed instantly. At last value will be able to move around the world as information does.

By allowing policy holders and insurers to track and manage physical assets digitally, blockchain technology can codify business rules and automate claims processing through smart contracts, while providing a permanent audit trail.

Blockchain technology will allow for the democratization of real estate properties. It will open up the gates for potential investors from across the world to try their hand in real-estate investment.

A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties, ensuring no tampering or malicious acting.

From smaller wholesalers to global enterprise companies in product supply and distribution, every organization’s supply chain faces the same hazards and obstacles. Blockchain ensures rationalized processes, transparent operations, and full asset control.

The progress of AI is completely dependent on the input of data — our data. Through data, AI receives information about the world and things happening on it. Basically, data feeds AI, and through it, AI will be able to continuously improve itself.

On the other side, blockchain is essentially a technology that allows for the encrypted storage of data on a distributed ledger. It allows for the creation of fully secured databases which can be looked into by parties who have been approved to do so. When combining blockchains with AI, we have a backup system for the sensitive and highly valuable personal data of individuals.