Blockchain technology has become increasingly available across industries because of how well it helps to organize data. By creating a shared, digital ledger for your business, blockchain helps ensure easy access to important information and allows employees to monitor the inner workings of the company.
This increased traceability and transparency help many businesses be successful, and this isn't just limited to businesses in finance or technology. Many industries from healthcare to higher education could benefit from the advantages of blockchain technology. Below, 15 Forbes Technology Council members share which businesses or industries they believe will benefit the most and why.
1. Law Enforcement And Security
Law enforcement and the security industry could benefit from blockchain-based techniques to ensure that video recordings used for evidence are genuine. Having video evidence signed and time-stamped in a non-reputable fashion, using blockchain, protects it from being faked, altered or denied by anyone using tools like deepfake software that are widely available on the internet. - Thomas Jensen, Milestone Systems
2. Supply Chains
The temp-assurance or cold-chain space will benefit greatly from leveraging blockchain. The collective supply chain is very difficult to track and trace from end to end, especially with so many different and independent players involved in getting even one package to its destination. Blockchain can ensure that critical medicine is delivered safely within key parameters. The same is true for food. - Samantha Williams, Sonoco
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/06/10/15-industries-that-could-significantly-benefit-from-blockchain-technology/?sh=1a2395707af2
This increased traceability and transparency help many businesses be successful, and this isn't just limited to businesses in finance or technology. Many industries from healthcare to higher education could benefit from the advantages of blockchain technology. Below, 15 Forbes Technology Council members share which businesses or industries they believe will benefit the most and why.
1. Law Enforcement And Security
Law enforcement and the security industry could benefit from blockchain-based techniques to ensure that video recordings used for evidence are genuine. Having video evidence signed and time-stamped in a non-reputable fashion, using blockchain, protects it from being faked, altered or denied by anyone using tools like deepfake software that are widely available on the internet. - Thomas Jensen, Milestone Systems
2. Supply Chains
The temp-assurance or cold-chain space will benefit greatly from leveraging blockchain. The collective supply chain is very difficult to track and trace from end to end, especially with so many different and independent players involved in getting even one package to its destination. Blockchain can ensure that critical medicine is delivered safely within key parameters. The same is true for food. - Samantha Williams, Sonoco
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/06/10/15-industries-that-could-significantly-benefit-from-blockchain-technology/?sh=1a2395707af2
