Blockchain: 10 Prominent use cases of agile technology

Posted by sara williams on December 11th, 2020

In the emerging world of cryptocurrency, Blockchain forms the base of the whole of its world. But blockchain’s applications are much more than just cryptocurrency and bitcoin. Being a record-keeping technology the basic idea behind the blockchain is a distributed, decentralized, at time public ledger, containing records in the form of blocks that are used to record transactions across several computers. Blockchain came in as a boon to numerous industries, providing high end security. 

Today in this article, we will know about 10 prominent use cases of the agile database technology, Blockchain. 

  10 PROMINENT BLOCKCHAIN APPLICATIONS TO KNOW

• Secure sharing of medical data

• Music royalties tracking

• Cross-border payments

• Real-time IoT operating systems

• Personal identity security

• Anti-money laundering tracking system

• Supply chain and logistics monitoring

• Voting mechanism

• Advertising insights

• Cryptocurrency exchange

Keeping in mind the excellently secured database provided by Blockchain contributing to its current .15 Billion worth of market W3villa offers the Custom Blockchain Development Technology which endeavours different industries especially Banking and Financial segments. The custom blockchain development service at W3villa involves the creation of systems that are designed to record all the transactions and assets within the block which are linked to each other hence forming a chain. W3villa provides Custom Blockchain Development with the essence of transparency and high-quality assurance for all the services.

Some of the the key benefits of W3villa’s Blockchain Consulting service to enjoy are:

• Advice regarding the programming of scalable and distributed applications and several other custom-built protocols.

• Help your company develop a network allowing several devices to interconnect and prevent threats of spoofing.

• Our expert Blockchain consultants help you understand the crypto industry in an efficient manner, specifically the areas for your company to perform well.

• Our consultation services help you predict the forthcomings to help you invest accordingly. 

Blockchain has numerous diversified utilizations apart from its famous connection with the cryptocurrency world, Out of which we have already discussed 10 prominent uses above. The coming up of new blockchain applications every day makes it necessary to understand blockchain and its use cases that are capable enough to remold the business and investment world.

Hello! I am Kashika, Content Writer at W3villa Technologies Pvt. Ltd. I have gone through various blog topics about Custom Blockchain Development Services. It is only after gaining an idea about the right information to be delivered to the readers that I am here with this article. Hope you find it helpful.