187 Results Found For: "blockchain"

How can Blockchain Technology be used in Real Estate?

The real estate industry is now witnessing growing interest from buyers after nearly a decade of slow growth since the great recession in 2008. People are now willing to invest more, thanks to the improved financial positioning of economies and flexible banking options. However, the increased interest also brought with it a higher rate of […]

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How Blockchain can improve Healthcare Management

Here, we’ll discuss how blockchain can improve the healthcare management in the healthcare industry by reducing complexities of healthcare processes. In the 1960s the average medical cost per person was just $160. According to a report by CNBC, an average American spends nearly $4,000 toward health care each year, at this rate, it is expected […]

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Application of Blockchain Technology in Energy sector

Blockchain has become a buzzword, but leaving the hype aside, blockchain in the energy sector has the potential to reduce business complexity and improve both profitability and customer experience. The use of blockchain, in combination with other emerging technologies such as smart contracts, intelligent sensors and the “internet of things,” could change user engagement and potentially alter […]

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How blockchain technology embraces the challenges faced by migrants

Since its inception, Blockchain technology has made a big impact in overcoming the pain points of various industries. Migrant issues are one among the pain point that has found its solution with the technologies inherent features. Challenges such as banking availability, identity verification etc have been the most prominent problem faced by migrants. From transparently […]

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Revolutionizing remittance industry with Blockchain

In this article, we’ll discuss how blockchain technology revolutionizes the remittance industry and way in which it can be made easier for the people. According to the World Bank, the officially recorded remittances to developing countries during 2016 is $429 billion. This may come as a surprise to those who are unfamiliar with the multi-billion dollar […]

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How blockchain can make your business’s procurement process more efficient?

According to the UK’s annual fraud indicator in 2017, it was found that the annual cost of fraud in the UK is £190 billion, equal to around £10,000 per family. A significant portion of this is accounted for frauds happening at different stages of a procurement process in different organizations. Procurement fraud is a malpractice where someone dishonestly gaining […]

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How Blockchain can be used in the Healthcare sector

Since it’s inception, Blockchain technology has made a big impact in the finance sector by the introduction of blockchain based cryptocurrencies. This decentralized and trustless system offers many benefits such as cutting out the middleman, reducing transaction fees for overseas payment etc. Over the past couple of years, Blockchain has made its penetration into a lot […]

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Fighting corruption with Blockchain; From business procurement process to Government projects

Over the last couple of years, Blockchain has increasingly become more popular as more than just a platform for cryptocurrencies. It now promises to revolutionize many domains ranging from healthcare to banking. What makes this technology stand out is the unparalleled level of transparency and decentralization it facilitates. This, along with its ability to maintain […]

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Blockchain-based certification: End to Fraudulent Certificate Woes

For as long as there’s been a transaction of any sort, there’s been a pertinent risk of fraud. This dates back to as far as 80 BC when the Romans implemented an anti-fraud law to curb fraudulent sales of property. While back then it was but an occasional offender who indulged in fraud, in the […]

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