Post
Topic
Board Bitcoin Discussion
Re: Which industries will get disrupted by Decentralized Blockchain Technology?
by
niisarearning
on 29/05/2019, 08:18:33 UTC
Which industries do you think will get disrupted by Decentralised Blockchain Technology the most? In terms of real world use case applications of Decentralised Blockchain Technology, which ones would you say will have the greatest positive impact in the world.
There is lots of Industry will get benefit from Decentralised Blockchain Technology
1) Remittance or Cross border payment : Current cross border payment system having lots of Procedure and Higher Fees and more time consuming ( person who already tried to send Money to other countries would have experience the pain) . Its already solving even more solutions are coming.
2) Government Sectors and Notary : Recent Smart contract platform allowing to create fool free or Not duplicable contracts . Like Certificates , land documents even more . Recently indian government started to give birth certificate using blockchain technology so that it will never modified.
3) Telecom Sectors : There should be a data stored and keep it safe so that it cannot be modified or it should not have any human intervention  its main Challenges facing by telecom domain . Blockchain solution can solve this by using decentralised database.
4)Storage and Data Sensitive industry : As there is lots of Social medias are using our Data's all of the data's could be protected by blockchain technology  Even highly sensitive data protected by blockchain technology .
4) Financial Industry : There is lots of Financial solution already there in Blockchain including payment gateway to Insurance . Again there is lots of independent currencies exist for each solution. Need of individual currency for each platform highly debatable .