Blockchain platforms have completely changed our way of life by bringing relevant changes in technology. In many areas, Blockchain fundamentally transforms the way we live life for a good reason. Many eminent personalities of different industries have called Blockchain \u201cMagic Beans\u201d due to the endless possibilities presented by high-level use cases promised by Blockchain. Undoubtedly, Blockchain technology is a revolution that occurred in systems of record. Entrepreneurs in different industries worldwide have recognized the significance and utility of the implications of Blockchain technology, right from its invention. In this article, we will discuss how can gain ease in business by learning Blockchain and also about the most promising use cases of Blockchain across various sectors that\u2019ve changed the way we do business:SMART CONTRACTS USE CASES: They are similar to regular contracts except for the enforcement of the contract rules in real-time on Blockchain to eliminate the middlemen and ensure high-level accountability for all parties, which seems impossible with traditional agreements. It helps businesses saving time and money, and ensures compliance from everyone involved. Blockchain smart contracts are being increasingly popular in different sectors like government, real estate, and healthcare. Some prominent examples of Blockchain smart contracts are- BURSTIQ in the healthcare sector, MEDIA CHAIN in the music industry, and PROPY in real-estate.MONEY TRANSFER USE CASE: Started with Bitcoin, the popularity of cryptocurrency transfer apps is increasing presently. Blockchain has gained an exclusive reputation in the finance sector for saving time and money for companies of almost all sizes. Ending the role of bureaucratic red tape, Blockchain has made ledger system real-time and has reduced third party expenses. Few examples of companies using Blockchain technology for transferring money are- OPSKINS in the Gaming industry, CIRCLE in Fintech and cryptocurrency, CHAINALYSIS in the Cybersecurity industry, and CHAIN in Cloud Computing.INTERNET OF THINGS\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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