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Finance is just one application for cryptocurrencies and blockchain. There are many more apart from it.The blockchain is the encrypted and decentralized ledger technology that eliminates the intervention of intermediaries and has the power to streamline the business processes. In the year 2017, Blockchain became the second most popular search word on Gartner's website, and Distributed Ledger Technology (DLT) will continue to gain utmost significance across many industries.Blockchain will help address several modern-day security concerns, including issues with contracts, identity, and fraud management. Blockchain-based lists will allow online retailers and financial organizations to conveniently vet their customers and fight against fraudulent activities.Let's explore the Blockchain applications across industries which are using blockchain to solve the real-life problems:Blockchain Applications In CybersecurityGuardtime: Guardtime Federal exclusively supports cybersecurity requirements of the US Department of Defense. This organization is creating a keyless signature which is currently used to secure the health records of one million Estonian citizens.REMME: REMME has made it possible to transmit information affordable and quickly to more than two hundred million people. It is a decentralized authentication system which aims to replace logins and passwords with SSL certificates stored on a blockchain.Blockchain Applications In HealthcareGem: The Venice, Calif.-based company Gem is bringing that blockchain technology to a broader set of applications through work the company is conducting with the Centers for Disease Control and the European technology services company, Tieto. This organization is working with the Centre for Disease Control(CDC) to put disease outbreak data onto a blockchain which says it will increase the effectiveness of disaster relief and response.SimplyVital Health: Has two health-related blockchain products in development, ConnectingCare which tracks the health progress of patients after they get discharged from the hospital, and Health Nexus, which aims to provide decentralized blockchain patient records.Blockchain Application in Banking and Financial ServicesBarclays: Barclays has launched a number of technological initiatives which involves tracking financial transactions, combating fraud and compliance. It states that they believe that Blockchain is a fundamental part of the new operating system for the planet.Maersk: The shipping and transport consortium has unveiled plans for a blockchain solution for streamlining marine insurance.Augur: Allows the creation of blockchain-based predictions markets for the trading of derivatives and other financial instruments in a decentralized ecosystem. A few days back, it was capturing the headlines for beating crypto kitties.Blockchain Applications in ManufacturingProvenance: This project aims to provide a blockchain-based provenance record of transparency within supply chains. A couple of days back, we heard that British pop star Peter Gabriel has invested in blockchain startup Provenance, whose ultimate goal is to create better transparency in food transportation by applying blockchain technology.TransActivgrid: A business-led community project based in Brooklyn is allowing members to locally produce and sell energy, with the goal of reducing costs involved in energy distribution.Blockchain Applications In GovernmentDubai: Dubai is the world's first blockchain-powered state. In 2016 representatives of 30 government departments formed a committee dedicated to investigating opportunities across health records, shipping, business registration and preventing the spread of conflict diamonds.South Korea: Samsung is creating blockchain solutions for the South Korean government which will be put into use in public safety and transport applications.Blockchain Applications In CharityBitgive: This aims at providing greater transparency to charity donations and is working with established organizations like The Water Project, Medic Mobile and Save the Children.Blockchain Applications In RetailOpenBazaar: It has attempted to build a decentralized market where no middleman is involved in trading of goods and services. A fully permissionless marketplace.Loyyal: This is a universal blockchain-based framework which aims at allowing customers to combine trade and loyalty reward points in newer ways so that retailers can offer more sophisticated loyalty packages.Blockchain Applications In Real EstateUbiquity: This startup is creating a blockchain-driven system for tracking the complicated legal process which creates friction and expenses in real estate transfer.Blockchain Applications In Transport And TourismArcade City: An application which aims at beating Uber at their own game by moving ride sharing and car hiring onto the blockchain.Webjet: Webjet is an online travel portal, which is developing a blockchain solution to allow stock of empty hotel rooms to be efficiently tracked and traded, with payment routed to the network of middle-men sites involved in filling last-minute vacancies.Blockchain Applications In MediaKodak: Kodak recently is developing a blockchain system for tracking intellectual property rights and payments to photographers.Ujo Music: Ujo Music is founded by singer and songwriter Imogen Heap which can record and track royalties for musicians and allows them to create a record of ownership of their work.Smart ContractsSlock: Slock is an Ethereum based internet-of-things (IoT) platform, which is using this application so that people can rent anything from bicycles to apartments by unlocking a smart lock after both parties agreed on the terms of the contract.20 Real-world Blockchain Applications across Industries 2018 [Updated]

The blockchain is the encrypted and decentralized ledger technology that eliminates the intervention of intermediaries and has the power to streamline the business processes. In the year 2017, Blockchain became the second most popular search word on Gartner's website, and Distributed Ledger Technology (DLT) will continue to gain utmost significance across many industries.Let's explore the Blockchain applications across industries which are using blockchain to solve the real-life problems:Blockchain Applications In CybersecurityGuardtime: Guardtime Federal exclusively supports cybersecurity requirements of the US Department of Defense. This organization is creating a keyless signature which is currently used to secure the health records of one million Estonian citizens.REMME: REMME has made it possible to transmit information affordable and quickly to more than two hundred million people. It is a decentralized authentication system which aims to replace logins and passwords with SSL certificates stored on a blockchain.Blockchain Applications In HealthcareGem: The Venice, Calif.-based company Gem is bringing that blockchain technology to a broader set of applications through work the company is conducting with the Centers for Disease Control and the European technology services company, Tieto. This organization is working with the Centre for Disease Control(CDC) to put disease outbreak data onto a blockchain which says it will increase the effectiveness of disaster relief and response.SimplyVital Health: Has two health-related blockchain products in development, ConnectingCare which tracks the health progress of patients after they get discharged from the hospital, and Health Nexus, which aims to provide decentralized blockchain patient records.Blockchain Application in Banking and Financial ServicesBarclays: Barclays has launched a number of technological initiatives which involves tracking financial transactions, combating fraud and compliance. It states that they believe that Blockchain is a fundamental part of the new operating system for the planet.Maersk: The shipping and transport consortium has unveiled plans for a blockchain solution for streamlining marine insurance.Augur: Allows the creation of blockchain-based predictions markets for the trading of derivatives and other financial instruments in a decentralized ecosystem. A few days back, it was capturing the headlines for beating crypto kitties.Blockchain Applications in ManufacturingProvenance: This project aims to provide a blockchain-based provenance record of transparency within supply chains. A couple of days back, we heard that British pop star Peter Gabriel has invested in blockchain startup Provenance, whose ultimate goal is to create better transparency in food transportation by applying blockchain technology.TransActivgrid: A business-led community project based in Brooklyn is allowing members to locally produce and sell energy, with the goal of reducing costs involved in energy distribution.Blockchain Applications In GovernmentDubai: Dubai is the world's first blockchain-powered state. In 2016 representatives of 30 government departments formed a committee dedicated to investigating opportunities across health records, shipping, business registration and preventing the spread of conflict diamonds.South Korea: Samsung is creating blockchain solutions for the South Korean government which will be put into use in public safety and transport applications.Blockchain Applications In CharityBitgive: This aims at providing greater transparency to charity donations and is working with established organizations like The Water Project, Medic Mobile and Save the Children.Blockchain Applications In RetailOpenBazaar: It has attempted to build a decentralized market where no middleman is involved in trading of goods and services. A fully permissionless marketplace.Loyyal: This is a universal blockchain-based framework which aims at allowing customers to combine trade and loyalty reward points in newer ways so that retailers can offer more sophisticated loyalty packages.Blockchain Applications In Real EstateUbiquity: This startup is creating a blockchain-driven system for tracking the complicated legal process which creates friction and expenses in real estate transfer.Blockchain Applications In Transport And TourismArcade City: An application which aims at beating Uber at their own game by moving ride sharing and car hiring onto the blockchain.Webjet: Webjet is an online travel portal, which is developing a blockchain solution to allow stock of empty hotel rooms to be efficiently tracked and traded, with payment routed to the network of middle-men sites involved in filling last-minute vacancies.20 Real-world Blockchain Applications across Industries 2018

The use cases of blockchain technology are not limited to digital currencies, which are epitomized by Bitcoin. Since this technology can provide increased transparency, fairness, and cost reduction for businesses, blockchain is having a notable effect on different sectors. Some of the successful blockchain projects outside of cryptocurrencies include;Smart Contract ApplicationsBurst iQThis project's big data blockchain-based contracts assist patients and doctors in Denver, Colorado, to transfer sensitive medical information in a secure way. The smart contracts create the parameters of what information can be transferred and even show the details of personalized health interventions for every patient.PropyLocated in Palo Alto, California, Propy is an international real estate marketplace characterized by a decentralized title registry framework. This digital marketplace employs blockchain technology to facilitate the real-time issuance of titles and provides properties that can be bought using digital currencies.IoT ApplicationsFilamentBased in Reno, Nevada, this company offers software and microchip hardware that allows linked devices to run on the blockchain. Filament’s offerings encrypt ledger information, disseminate real-time data to other blockchain-linked machines, and permit the monetization of these machines in connection with the timestamps.HYPRThis firm is based in New York and specializes in preventing cyber safety hazards in IoT devices using its decentralized solutions. Through the removal of passwords from a centralized server and replacing them with biometric and password-free solutions, the firm makes IoT devices virtually impossible to breach.Logistics ApplicationsDHLShipping multinational, DHL, is leading the way when it comes to the utilization of blockchain-based logistics. Essentially, the firm employs this technology to maintain a digital ledger of shipments and preserves the integrity of transactions.MaerskBased in Denmark, but with branches all over the world, this shipping conglomerate is collaborating with IBM to incorporate blockchain technology in global trade. The two forms will utilize this technology to better comprehend the supply chain and track commodities online across international jurisdictions in real-time.These examples highlight some of the industries beyond cryptocurrencies that are harnessing the resourcefulness of blockchain technology. However, it is essential to note that successful projects are not limited to the ones highlighted. Instead, several other industries and businesses such as Walmart have already incorporated blockchain projects into their processes and are reaping the benefits.