When we talk about international money transfer, there a new technology to do it with better security, cheaper cost, and easy tracking, something called Blockchain. There is 3 factor that enables blockchain technology to do better than bank institution in money transfer across the country.
Blockchain technology could trace farm products to create a reliable supply chain that could ensure food availability in a nation or restaurant inventory. Implementing blockchain becomes a hope to increase farmer welfare while controlling product price at the customer level.
To create a dish, preparing fresh ingredients is a must. The challenging part is to manage ingredients shipment that comes from many places and need to ship fast and accurately. This condition is when blockchain technology needs to help by using blockchain, especially the Ethereum network, the shipment process can be controlled and monitored using its smart contract.
A ticket to a tourist destination could disappear at one time and appear again near the purchasing time limit at a higher price. Refunds and rescheduling also become a problem for most travelers. Blockchain has become a solution to prevent fraudulence in many sectors, also in ticketing platform.
Southeast Asia, a place for 647.74 million inhabitants, has become a big market for many countries. Blockchain technology becomes one of the best choices to provide a secure transaction. Developing blockchain tech becomes a primary concern for many countries in Southeast Asia.
In the book’s publishing, traceability and transparency surely become an essential role. Both of these factors are blockchain technology excellences. Its decentralized data and irreversible format could solve problems in book industries.
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