To prevent ineffective social support, the government needs to create a traceable system for monitoring the social security transaction. This feature is where Blockchain can be used as a support system to ensure every citizen can get their social support. Here are the analyses on how it could implement.
In these modern days, with blockchain technology, medical records can easily be distributed. With its feature, blockchain technology can give control to the patient on their medical records. There are reasons why medical treatment needs to use blockchain technology.
After scoring a new high supply volume, Tether starts to expanding its network chain. Now it steadily builds its transaction using Ethereum, Tron, and EOS. With this migration makes Tether become a promising payment tool.
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.
Drop shippers need a real-time supplier inventory. A decentralized database using blockchain makes every supplier connected to all your supply chain. Every time there is an updated product, it will become easy to trace.
To gain benefit from cryptocurrency investment trends while keep maintaining the risk, the government in several countries start to create their cryptocurrency. Know as Central Bank Digital Currency (CBDC), a digital form of a national fiat currency claimed by the central bank.
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.
There is a way to prevent identity stealing activity. One of them is by using a blockchain in form submitting. Using blockchain, a user will get irreversible data as the identity to replace their data. There are some reasons why blockchain technology can prevent personal identity thievery.
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.
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.
Patent: JP7308496
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