Use cases of blockchain beyond finance from "summary" of The Basics of Bitcoins and Blockchains by Antony Lewis
Blockchain technology has emerged as a versatile tool that goes beyond its initial use case in finance. One such application is in supply chain management, where blockchain can enhance transparency and traceability. By recording every step of a product's journey on a blockchain, companies can ensure that their goods are authentic and have not been tampered with. This can be particularly useful in industries like food and pharmaceuticals, where safety and quality are paramount. Another area where blockchain is making waves is in the realm of voting and elections. By using blockchain technology, governments can create a secure and transparent voting system that is resistant to fraud and manipulation. Each vote is recorded on the blockchain, ensuring that it cannot be altered or tampered with. This not only increases trust in the electoral process bu...
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