What is a blockchain use case for supply chains?

When managed by blockchain, however, suppliers are easily able to trace goods through a transparent, secure ledger system from manufacturer to sale. A good example of a blockchain use case for supply chains is IBM. IBM offer their own supply chain solutions through the use of smart contracts.

What are the applications of blockchain technology?

Today, the application of blockchain technology is common across various verticals. Be it retail, finance, government, or any other industry, every sector is trying to secure its transactions using blockchain technology. Businesses across every industry are aiming for blockchain development to build a secure and encrypted wallet, dApp, token, etc.

What is the difference between 'blocks' and 'chains'?

Here, ‘blocks’ are the pieces of information in digital form, and ‘chain’ is the public database where this information is stored. These blocks can literally store all kinds of information from your transaction history, dates, money, time, numbers, and all else.