What I want the forum to discuss is this:
I believe that the application of Blockchain cut across many industries such as healthcare, logistics, insurance, governement, education and so and so forth.
Why is the application of Blockchain to finance has this popularity than application of Blockchain to other sectors?
What do you think?
Simple because the application of the blockchain technology to other industries is very doubtful.
Blockchain is a very slow and heavy database. Immutability, Transparency and so on are not necessarily good for those industries you mentioned.
~snip~
Industries that he mentioned are: healthcare, logistics, insurance, governement and this list goes on. So do you really say that all the requirements that you wrote aren't necessary in this field?
Then let me tell you that blockchain adds an extra layer of protection to data that's stored and this is especially beneficial for services like these. Blockchain technologies are successfully implemented on land title registry in some countries and this isn't the place where governments plan to stop. In Brazil, as far as I remember they decided to use Blockchain technologies for newborn baby registry. In overall, it's great in such industries, where the transparency and accuracy of information matters and I think there are a lot of like them, especially medicine too.
And, blockchain is slow because