So far, interest in the blockchain was more often related to the finance area. However, there are a lot of spheres in its application. In this article, we will consider several interesting areas for blockchain implementation.
Authorship and ownership
Modern patent services do not work as well as it should be. The blockchain technology allows artists to confirm and preserve the right of authorship. For example, one can create digital editions using unique identifiers and digital certificates to verify authenticity. In addition, there is a mechanism for transferring ownership from the artist to the buyer or collector, including all legal aspects.
Data management
There are a number of projects that are used to implement a database management system and data analysis based on the blockchain technology. Businesses, governments, and any non-profit organizations can use blockchain to simplify the procedures for keeping records, capturing information about business processes etc. Since the records are stored in the blockchain system, it reduces the costs and complexity of data management.
Digital identity, authentication, and authorization
A number of blockchain projects use the system in solutions designed to identify and confirm access rights. Decentralized distributed registries can be used to store any types of data and perform various transactions in a safe and clear way. Besides, the creation of identity in the detachment can give individuals greater control over access to their personal data. The combination of decentralized blockchain and identity verification tools allows creating a digital certificate that plays the role of a watermark.
Means of e-voting
Blockchain technology can be used to develop and implement a secure and transparent platform for anonymous online voting. It can ensure the accuracy and reliability of the results. The introduction of a state digital voting platform will reduce the level of falsification during elections. Also, with the help of this technology, it is possible to introduce an electronic identification system (such system is currently functioning in Estonia) allowing all owners of the corresponding identification cards and digital keys to access a wide range of government, banking, and other services.
Gambling and video games
Blockchain technology is also particularly popular in the gambling and video games industry. For example, there is a platform that allows players to challenge each other in various game disciplines, bet or judge games, to organize tournaments and receive rewards from such activity.
Organization of private and public administration
Blockchain can be implemented not only to increase the transparency and integrity of political systems. Technology can also improve the interaction of citizens with state representatives, establish access to legal (marriage, registration of legal entities, notary) and economic services (basic income, financial transactions). Also, the blockchain can be used for effective management within organizations, automation of the formation, financing, and management of the company. The system can also improve the organizational workflow.
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