Beginning of a new revolution using Blockchain
Many revolutions have been a part of history which we have studied. Today we are experiencing a digital revolution with Blockchain. Whatever we study we try to find out how that can be used to create a better future or where can we apply it today.
Fortune 500 companies have started to adapt to Blockchain technology today as it is a decentralized option of permissible technology. We read about how manufacturing industry is trying to incorporate Blockchain into their strategic targets so as to increase the accuracy of revenue targets. Moreover Blockchain duplicates the data across the platforms and any person having permission, can use it and edit it securely.
In the video below Brian Condenanza speaks at TEDxHautLacSchool about how to use Blockchain to create a better future. He says “Blockchain will enable the government to have more digital power in future compared to the physical power they have today”. He talks about how Estonia is adapted to use of Blockchain at national level which is estimated to save those 800 years of working time each year. Isn’t that not saving a lot of resources and make use of them elsewhere, obviously it is and today many countries are trying to implement seeing the benefits.
Do you think is Blockchain a secure technology for e-identity, i-voting or even e-land registry. Let us know about your thoughts in comments section below.