Blockchain Solutions
by Industry
Blockchain enables an efficient and secure way to register transactions that can facilitate payments and offer near real-time auditing with encryption to reduce data breaches. Blockchain may also promote alternate financial applications, such as new liquidity solutions and microloans management, and improved payment structures.
In an industry that involves dozens of stakeholders, the capabilities of blockchain and smart contracts for traceability, authorizations management, and automation can make a great ally. Blockchain can integrate different technologies, such as IoT and AI, to create comprehensive solutions and streamline processes in the logistics and supply chain industry.
The gaming industry is booming—nearly 40% of the total world's population play video games. Blockchain enables a better way to transfer, valorize, and collect digital in-game assets. Its capabilities to increase security and offer a more efficient way for transactions can level-up online gaming.
Blockchain in More Industries
Asset Managementy
Blockchain technology enables an immutable and secure way to tokenize and manage tangible and intangible assets. Some opportunities include innovative liquidity options and reduced management costs.
Decentralized Finance
Also known as DeFi, decentralized finance leverages blockchain technology to explore new liquidity opportunities for citizens. Our team is part of evodex, an open-source DeFi app.
Digital Identity
Blockchain allows an immutable, transparent, and secure system to manage digital identities that can interconnect with IoT, biometrics, and enterprise management systems.
Energy
Blockchain offers an efficient and transparent way to improve the operations, distribution, and data management for energy companies. Decentralized networks may help promote sustainable and private energy generation alternatives.
Media and Entertainment
The blockchain’s capabilities to securely and immutably store registries can help reduce piracy and disputes. Also, blockchain can protect IP and improve traceability of payments and content distribution.
Government
Government institutions can deploy blockchain technology to leverage its transparency and immutability features to increase trust between the public sector and the citizens. It also allows a cost-efficient way to register data and accountability.
Healthcare and Insurance
Blockchain technology offers improved efficiency, traceability, and security to store medical and other sensitive data from patients. Smart contracts help reduce costs for insurance claims processing.
Legal Tech
Smart contracts are computer codes that can execute automatically and autonomously according to the contract terms. These may transform legal processes by adding transparency, efficiency, and immutable registries.
Real Estate
Leverage real estate investments with blockchain technology by creating new business models. Blockchain helps integrate digital assets for liquidity and streamline investor relations and portfolio management.
Sports
Blockchain in sports offers a great way to increase fan engagement, promote active participation in decision-making, and monetize through new streams such as player content and collectibles.
Choosing an Enterprise Blockchain
There are several enterprise blockchain platforms in the market with different characteristics and capabilities. The following is a list of some key features you must consider when choosing what blockchain platform is the most suitable for your organization:Privacy and transparency
How are the blockchain’s security and confidentiality protocols different from others’, and how does it handle transparency?Cost-efficiency
Would the organization see a significant reduction in costs by integrating smart contracts or simplifying the data sharing process?Quick adoption
Can your team use their experience with programming languages, or do they need to learn a new one?Speed or throughput
How quickly does your solution need to be? Are you a high-frequency trading company, or can you afford longer block confirmation times?
Additional Resources
Find more interesting reads and resources to continue learning about enterprise blockchain and EOSIO.
