Block Chain - Blockchain: Use Case vs Reason

 

 

Use Case Reason for Using Blockchain
Banking and Financial Services Ensures secure, transparent, and fast transactions without intermediaries
Cryptocurrency & Digital Payments Prevents double spending and enables peer-to-peer transactions
Supply Chain Management Provides transparency, traceability, and prevents counterfeit products
Healthcare Systems Secures patient records and prevents unauthorized data modification
Digital Identity Management Reduces identity theft and gives users control over personal data
Voting Systems Ensures tamper-proof, transparent, and fair elections
Smart Contracts Automates agreements and removes the need for intermediaries
Education & Certificate Verification Prevents fake certificates and allows instant verification
Government Records (Land, Tax, etc.) Reduces corruption and ensures data immutability
Internet of Things (IoT) Improves security and trust between connected devices