Is block chain making the world better?
Blockchain technology can be very useful in banks, insurance, health and pharmacy, the supply chain of many sectors (agri-food, luxury, international trade, distribution, wine, aeronautics and automobile), the music industry, energy and real estate. Block chains can replace most centralized "trusted third parties", including banks, notebooks, land registers, and so on. Distributed computer systems. Here's a few:
Medical sciences
Blockchain technology can be used to improve the integrity of drugs. If the drug can be clearly identified and followed by its production and consumption, it can save up to a million people each year. Because DHL is currently working with Accenture to create a serial tracking and tracing system based on Baluchin technology.
Scott Ellison, director of DHL Healthcare, said: "There are currently more than 7 billion unique drug serials in the system, and the system can now handle more than 1,500 transactions per second."
Alison does not just think about the system's capacity. For example, serial tracking and monitoring should reduce costs, increase security and reliability, and eliminate the potential for error-prone traffic. This technology can add additional confirmed information to something that can not be tampered with. Credits are obtained by all participants.
Payments across borders
Underdeveloped countries to access small producers in developing countries often have a big problem. The new term outgrowth in agriculture Binkabi diam bridge solutions to bridge the bridge. Therefore, it is necessary to develop an appropriate system of artistic products.
IBM recently announced a solution to the domestic problem. This is why international payments are faster and more cost-effective.
Food safety
In the field of food safety, IBM works with Dole, Nestlé and Walmart food manufacturers. For example, data from breeders, suppliers, processors, retailers and retailers are available not only to all stakeholders but also to supervisors and consumers. In this way, each transaction can be tracked and all food information displayed. With all members of the food system who have access to a blocker, polluted food can be quickly removed from the production and supply chain before it reaches the shelf.
The World Wildlife Fund (WWF) "tracks" fish and seafood by block technology. In this project technology should contribute to the fight against illegal fishing. Full traceability of fish and seafood is also of interest to wholesalers and fish retailers as they want to prevent their association with illegal activities.
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