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5 popular areas of practical use of blockchain technology

11.08.2022

• Information technology – Blockchain ensures data security, full transparency of the process and guarantees security.

• Sale of goods and services – Tracking the supply chain, facilitates the purchase of goods from other countries and the safety  of all information about manufacturers, terms and conditions of storage.

• Education – Verifying the authenticity of documents, storing issued diplomas, the ability to accept payments for tuition in cryptocurrency.

• Law and legal practice – a guaranteed way to store information and record transactions (purchase and sale agreements, ownership rights).

• Medicine – the ability to make data processing fast and clear. For example, the eHealth healthcare system has been established in Estonia.

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