What are some examples of blockchain technology?

Here are just a few of the practical examples of blockchain technology. KickCity —Platform for event organizers that enables them to pay only for what they get, and rewards community members by sharing those events. Their products generate around $50k monthly with more than 70k users and 300 event hosts.

How is blockchain being used in the real world?

Blockchain technology is a revolution for this changing technological world. It has immense applications, ranging from finance to healthcare and making secure payments to the internet of things, making its mark in almost every sector. It is quickly becoming apparent that blockchain technology is much more common than bitcoin.

What are the advantages of blockchain technology?

Blockchain is ideal for delivering that information because it provides immediate, shared and completely transparent information stored on an immutable ledger that can be accessed only by permissioned network members. A blockchain network can track orders, payments, accounts, production and much more.

How is blockchain technology being used in the food industry?

Food industry —The food industry’s complex network from farmers to grocers makes tracking down food-borne illnesses challenging. Blockchain can improve the transparency and efficiency of finding out what food might be contaminated and where throughout the supply chain.