For the last few years, I’ve been talking to audiences about the future impact of blockchains, and sometimes in those talks, we play name that industry. So someone throws out an industry and I share a use case that’s being explored. So here are examples in a dozen industries to get you thinking about where this could go.
Blockchain for Agriculture
Track food from origin to store, preventing food fraud and false labeling, ensure safe handling practices from farm to market, and more quickly pinpoint source where food safety has been compromised.
Read more : Blockchain in fishing industry
Blockchain for Energy Industry
Standardized, clean energy tracking, incentive structures and production around the world, enable all kinds of energy producers, say the owner of a building who has installed rooftop solar panels, to efficiently trade energy directly with consumers.
Blockchain in Manufacturing Industry
Ensure the authenticity of components and goods as they flow through the supply chain, ensure the integrity and track the usage of 3D designs and printing instructions.
Blockchain in Media
Register copyrighted works and enable owners to more easily protect and track usage of those works. Make it possible for brands to see if digital media dollars are spent as intended, reducing fraud.
Blockchain in Government
Reduce costs of distributing government services like welfare, cut fraud and increase the efficiency of public record-keeping, from birth records to property ownership.
Blockchain in Retail
Prevent counterfeit goods from entering the system and more easily identify stolen merchandise. Make warranties easily transferable and keep them current without administrative work.
Blockchain technology for Real estate industry
Automate the process of buying real estate, enabling transactions, title transfers, and recording to occur without human intervention. Enable owners to gain liquidity by selling fractional shares of real estate.
Blockchain for Healthcare
Reduce friction and increase the security and the privacy and the interoperability and the regulatory compliance of electronic health records. Make it possible to contribute data to a study without compromising the identity or the privacy of the individual patient.
Blockchain for Education
Fight education credential fraud and enable employers to cut the administrative cost of verifying degrees. Create a universal, a trusted, a lifelong record of learning that recognizes education outside of a formal degree program, such as online courses.
Blockchain in Logistics
Achieve hyper=visibility to goods as they move through the supply chain, when combined with sensors or tracking devices. Increase the efficiency of managing a global ecosystem of carriers and accelerate the movement of goods across borders.
Blockchain in Telecommunications
Unlock the promise of 5G by making dynamic automated contracts possible across businesses, even with diverse stakeholders. Advance IOT connectivity with more secure, reliable and cost-efficient networks that manage and operate directly without middlemen.
Blockchain in Gaming
Make it possible to buy and sell unique digital assets across games and publishers, open up gaming economies and marketplaces and direct player-to-player tips and transactions.
A word of advice, don’t limit yourself to only looking at your industry to understand how blockchains could impact your business. We’re going to see innovations that happen in one area that spill into others, so by staying ahead of how your customer’s experience is changing across industries, you’re going to be better able to forecast change before it happens.