Applications of Blockchain Technology Here are some common ap | 𝘾𝙔𝘽𝙀𝙍 𝙏𝘼𝙇𝙆 ™ 😷 𝗛𝗮𝗰𝗸𝗶𝗻𝗴 𝗧𝗼𝗼𝗹𝘀 . 𝙇𝙚𝙖𝙠𝙨 & 𝙈𝙤𝙧𝙚

Applications of Blockchain Technology

Here are some common applications of Blockchain:

It is used to create a secure and transparent digital ledger of all transactions.

It allows you to create a tamper-proof record of academic achievement that is accessible to all students and teachers.

It is used for creating a more efficient system for trading securities.

Lenders use blockchain to execute collateralized loans through smart contracts

Using blockchain technology to record real estate transactions can provide a more secure and accessible means of verifying and transferring ownership.

Use for keeping data like Social Security number, date of birth, and other identifying information on a public ledger.

Blockchain technology is also used in the logistics industry as it helps to track items as they move through a logistics or supply chain network.