'The Top 5 Use Cases of Blockchain Technology Beyond Cryptocurrency' blockchain blockchaintechnology
As we know, blockchain is a digital public ledger that stores data securely, making it almost impossible to hack or alter without authorization. Since its inception in 1992-93, it has evolved dramatically and made its mark in
Blockchain can help monitor every stage of processes in supply chains, from raw materials inventory to the end product delivery stages. For example, Walmart has successfully used blockchain to track products in supply chains from origin to final delivery in the food industry.Creating land deeds records is a complex task that might be spread over a span of many years. It involves multitudes of steps that require proper data storage at every stage.
It helps with all operations, including verifying customer identity, streamlining KYC onboarding process, and throughout the entire customer lifecycle. Reducing the data processing costs by reducing response time and eliminating manual work is also some of the added advantages of blockchain in KYC.Elections are pivotal processes for any democracy or institution. The accuracy and security of the data cannot be compromised at any cost.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
VIDEO: GOP Official Let Election Deniers Into Election Office Where System Was BreachedThe footage is expected to be of interest to the Georgia grand jury criminal probe into 2020 election interference.
Read more »
Analysis: Let Serena define her legacy as she leaves tennis - New York Amsterdam NewsAfter all of the many tributes to Serena Williams were done, the celebratory words and the video montages, the standing ovations and the shouts of her name, it seemed appropriate that she herself would provide the defining look at her legacy.
Read more »
Sony will let you shroud your PS5 in camouflage this fall | EngadgetFinding a PlayStation 5 may be as difficult as ever, but that’s not stopping Sony from adding more customization options for those who already own the console..
Read more »
'They let me down': Denver mother furious after school administrators left her son at airportThe student's mother, who also happens to be in education, said she understands it's a weapon, but the administrators should not have left her son unattended for hours.
Read more »
These 8 Easy Jam and Jelly Recipes Let You Savor the Season’s Bounty All Year LongOur 8 Best jam and jelly recipes sweeten the deal when it comes to barbecue, desserts, and everything in between.
Read more »
Twitter will let you edit your tweets up to five times in 30 minutes | EngadgetLast week Twitter announced that it would finally be introducing an edit button but we're now learning that you'll only be able to make up to five edits..
Read more »