Blockchain isn't just about bitcoin breathing financial freedom for all, it has grown beyond the scope of finances and has been fully integrated into various sectors ranging from health care sectors, manufacturing industries, and the entertainment industry the use of blockchain is also implemented for security purposes which include storage of information which are tamper-proof if there is a common achievement we can mention in blockchain technology is, it has increased level of transparency amongst user in their daily routine activities.
Blockchain use cases
- Finance sector.
In finance blockchain (Bitcoin) was introduced to correct flaws in the old traditional finance system, and we have seen its uses in terms of scalability, immutability, operability, and generally, a universal digital asset that connects users across the globe to complete uninterrupted transaction across borders.
- Entertainment sector
NFTs have become mainstream in the world with the use of blockchain Artists from over the world can sell their workpiece to users, assigning ownership proof has been the main use case of blockchain in the entertainment industry an artist's work can not be duplicated once it's information has been entered on the chain this gives users sense of ownership over there artistic work.
- Manufacturing sectors
Car manufacturing industries have been using blockchain technology vechain is a leading blockchain industry that allows users to track the lifecycle of vehicles using the VeChain ID and digital passports, car insurance, and car trading can be shared by owners as well
- Health sectors
With blockchain patients' information has been stored it has also been used to verify healthcare workers through authentication of workers' certificates and once work information has been entered into blockchain it can not be edited this gives other users access to look for verified medical personnel across the country.
- Educational sectors
More educational institutions are approving blockchain technology into their school curriculum, we have seen how blockchain is used to verify students' certificates this will counter the use of false certification.
Generally, blockchain use cases can not be overemphasized more use cases will be introduced as technological innovations advance it will make human daily activities more flexible and transparent, blockchain use cases have proved beyond measure that security is of priority and blockchain has solved both sectors, it has been a general source of income for thousands of users in different countries it uses in our lives can not be exhausted.