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How Blockchain Spells New Opportunities For Mobility And Commerce

The blockchain is capable of empowering the marketing function too. It’s high time that marketers open up to the incredible opportunities to this technology. Before exploring these opportunities, it is important to understand blockchain first. There is a need to realize that moving over to the technology is no longer a choice but a necessity for businesses. Let’s take a look at our ppt which briefs you about how blockchain spells new opportunities for mobility and commerce.

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How Blockchain Spells New Opportunities For Mobility And Commerce

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  1. How Blockchain Spells New Opportunities For Mobility and Commerce

  2. The blockchain is definitely the undisputed champion. But most of us relate it with Bitcoin, the hottest amongst the crypto currencies in the market. • It is decentralized, distributed ledger is being used in diverse industries for diverse purposes such as making smart contracts for real estate transactions, maintaining patient healthcare records, streamlining banking transactions, and more.

  3. Smart Contract • There is no central/third party authentication required, the solution itself validates the uploaded information against the Smart Contract. • Smart Contracts once created, can’t be altered. All the details are securely stored and can be referred anytime in the future. • Blockchain will bring smart contracts to mitigate the risk of corruption. With this technology, the role of intermediaries will be nullified as contracts will be coded for automatic execution when a predefined set of conditions is met.

  4. Smart Insurance • The insurance sector to has come across a far-reaching impact of this disruptive technology. • It facilitates peer-to-peer insurance, which ensures speed and transparency in the entire operations of the insurance providers. • The decentralized system streamlines the premium collection process, it also adds transparency to claim disbursal and minimizes the chances of security breaches too.

  5. V2V Data Sharing Communication • The Blockchain technology proliferates the automotive segment, it enables seamless Vehicle-2-Vehicle (V2V) data sharing to make driving safer than ever. • Blockchain creates a secure space for that data to be distributed on a transparent, decentralized, and unhackable network, ensuring the validity and safety of crucial data being transmitted between vehicles.

  6. Transaction Shared • Until now, ride-sharing apps such as Uber have been making money in the role of intermediaries to the extent of exploiting the drivers by taking a hefty share of their earnings. • The adoption of Blockchain technology is going to change things for the better. As it will offer a direct, peer-to-peer system, payments will go directly to the driver and there will not be an intermediary to take a part of their earnings.

  7. Are You Looking for a Blockchain App Developer? Contact Us https://www.consagous.com/blockchain-services/ https://www.consagous.com/ info@consagous.com

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