Two Important Use Of Blockchain Technology Beside Crypto Currency.

Julia Richards
Nov 4 · 2 min read

Blockchain technology is one of the most innovative technologies of contemporary times. When we think about this technology, the first thought that comes into mind take us to its application in crypto currency especially Bit coin. This perception is changing rapidly as people are witnessing the decentralization of transparency which is the miracle of blockchain technology.

It has the potential to shake the businesses at their very core. This intends to break the perception of people who think that Blockchain technology is only applicable for crypto currency.

Blockchain Application in Food Industry

Giant shopping store chain like Wall Mart are look ahead to incorporate block chain technology in their business. They working in close collaboration with IBM to develop a blockchain food management system.

It will help in keeping a track of food items that where are they coming from. It will make it easy for the food authorities to identify the root cause of any food related disease.

Democracy and Voting

Despite unprecedented growth in the technology sector we are still using paper ballot to cast votes. It is an essential tool to form government and many countries around the world follow this process.

However, despite numerous benefits, this system has many flaws. It takes too much time to calculate votes, the process is very slow, and hijacking of elections and paper cost are some of the big issues. It is also not possible to keep a record of your vote.

In the view of all these issues, Estonian government was the first one to introduced electronic voting system. This system was also successful but faced many issues, for example the machines developed a malware which changed every vote to another person after reading.

It is also possible for attacker to infect the system. Companies are now working to introduce voting system by integrating blockchain technology to allow secure and recorded votes.

Internet is full of new digital currency articles. If some one want to write essay on blockchain or crypto currency then this article is helping them,you don’t have to ask anyone to write my essay for me.

Julia Richards

I am an essay writer and currently working with an online essay writing service myperfectwords.

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