Post
Topic
Board Economics
Re: Any other areas that blockchain can be used?
by
koura_cc
on 15/07/2019, 18:39:32 UTC
Facebook and Libra are focusing on Financial area. Is there any other area that blockchain can be used?? It's hard for me to imagine anything else.

Let's start by defining blockchain: it's a computer algorithm that allows data exchange, analysis and automatic confirmation through decentralized servers. Of course, its very nature puts its application close to the financial world, but its full potential is by far a much diverse one, ranging from inventory and shipping management to software vulnerability data analysis. However, its adoption course will be closely linked to FinTech for a while. Through it, whether the current economic environment likes it or not, its validation will surely grow and other business range will massify its adoption.

There are already a few visionaries embracing this technology and bringing forth projects with the capacity to disrupt current market landscapes.