Blockchain can have many uses, one of the major areas in which this technology can be used for is in the healthcare industry. During these unprecedented times with this current pandemic, I thought it would be a good time to look at how blockchain may be used. (Image Source: shorturl.at/lotwI) Blockchain technology has a potential to improve and revolutionize how healthcare information serves patients, doctors, pharmaceutical companies and the entire healthcare system. Blockchain could help healthcare organisations become more efficient and give each individual patient more control and access to their own personal data records. The health industry is one of the most complex industries in the world, with a constant stream of information that needs to be run smoothly. Blockchain could be the next step in ensuring that healthcare can become more efficient in the future (Siliconrepublic, 2018)
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Outside of creating cryptocurrencies like Bitcoin and Eitum, blockchain technology has many other uses. A key role it can play is that of digital ownership in things such as photos, documents, files, music etc which can be held online but also real world objects too.blockchain technology is playing a role in the tracking and recording of ownership of physical tangible assets, such as documents, objects, or even real estate (Coinrivet, 2019)
In the last blog I spoke about the different areas in which the footballing world is adopting Cryptocurrency with more and more players endorsing Crypto, and clubs themselves striking partnership deals with Crypto based currency. With all these rapid developments, I am going to look at what the future could hold for football clubs and fans. (Image Source: shorturl.at/joAC2)
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(image source: https://bit.ly/2xsAZrw ) Voting has been an integral part of society for hundreds of years. The voting system allows people to voice their own opinions and have their say on important matters such as who leads a country/political party and ultimately who is in charge.
(image source: https://bit.ly/2UjRpMd ) We already know that the use of blockchain technology is sweeping through different industries and revolutionizing how business is being done but one area you might not expect to see blockchain being used is in the sporting industry.
Today we will be exploring how blockchain is taking over sport and ticket distribution, making life a little bit easier once again. Img source https://bit.ly/2Ue8VRX
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Could Movie studios use CryptoCurrency in the future to fund movies?
There's a definite decline in the power large studios have in the industry. With the emergence of platforms such as Netflix and the rise of independent studios As dominant forces when it comes to producing original content, we can already see a huge shift in how film and television are being produced. We have briefly spoken about Libra coin in a previous post but today we are going to dive deeper into the realm of the centralised of Libra coin. Libra coin is the digital currency that Facebook and other companies within the Libra Association are developing. (Morse, 2019) There is 28 different companies that are involved in the Libra association they include Uber, Spotify, PayU, coinbase and many more. (Association, 2020) Each of these companies have a different aspect that they work in, helping to have all of the needed expertise that cryptocurrencies needs. It is going off the same principles as other cryptocurriencies that are already around for some time now it is still using the encrypted technology that would be used in other digital currencies that are already in use. (Paul, 2019) The reason that Facebooks Libra coin became more known than the other cryptocurrencies that are around currently is because such huge social media platform is behind it therefore people would be able to recognise it quicker than other currencies. (Singla, 2019)
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