- Blockchain in different sectors.
Blockchain in different sectors.
By Global Trust Association
01 October, 2019 | 23:10hrs
Blockchain technology is changing the way businesses are conducted. It has evolved from being only related to the financial sector to being used by organizations in different sectors to become more dynamic and efficient.
Some of the industries that are taking advantage of this technology are: telecommunications, health, security, supply chain, energy, insurance, travel agencies, public administration, transportation, food, legal sector, property registration, tourism and hospitality, education, journalism, marketing, sport, real estate, music, art, agriculture, among others.
Since it is a trust protocol, with an immutable model, it applies perfectly to any sector. Thanks to its structure, it allows information to be recorded anonymously, guaranteeing the privacy of the documents registered, helping in the identification verification and computer security mechanisms, thus promoting a more secure and flexible communication.
It allows recording a transaction, contract or any other type of transaction in an unforgeable, verifiable and transparent manner, without the need for a third party to verify validity.
Undoubtedly, Blockchain technology has successfully attracted the attention of various sectors, a revolution that is just beginning.