Saleem Beebeejaun Gives You Ultimate Guidelines Of Blockchain

1. Blockchain Making Waves Around the World -By Saleem Beebeejaun

2. Blockchain technology is upcoming and needs to gain trust among people. Blockchain technology is not just gaining popularity and burgeoning but is also being implemented in real time. We need the inspiration to start or implement new ventures.

3. A few established organizations are setting an example and inspiring a lot others by implementing blockchain technology To name a few: Walmart British Airways Industrial and Commercial Bank of China Richline Group

4. Walmart - Multinational Retail Corporation Walmart is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Blockchain’s role: By using blockchain in supply chain management, all the stages can be recorded permanently in the digital ledger. From the first to the last stage, that is, reaching the customers, employees can track some products back to their roots. Benefit: Walmart’s employees use this to scan their products to see where the product has come. Even customers can use this and understand where their food comes.

5. British Airways (BA) is the largest airline in the United Kingdom Blockchain’s role With blockchain, the record that’s once made on the digital ledger can’t be deleted and it’s easy to keep track of the transactions. Benefit: Reduced conflicting and overlapping information coming from gate monitors, flight apps, and the airline's website.

6. Industrial and Commercial Bank of China Industrial and Commercial Bank of China is a Chinese multinational banking company and is one of the largest banks in China and the world as well. Blockchain’s role: The bank aims to use a blockchain system to improve the efficiency of certificate issuance and save users from repetitively filing the same document to multiple entities. Benefit: "Traditionally users have to obtain a certificate from an authority that issues it, which does that manually. And then they present it to entities that require the certificate. This process is inefficient." the bank wrote in the document.

7. Richline Group subsidiary of Berkshire Hathaway Richline Group, is a wholly owned subsidiary of Berkshire Hathaway that sells expensive and precious jewellery Blockchain’s role: Richline Group Inc joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced. To track and prove the origin and ethical sourcing of jewelry is the role of blockchain. Benefit: Avoids fraudsters and fake jewellery because the blockchain technology is tamper-proof.

8. Sectors that use blockchain Medical Education Supply chain management Logistics A blockchain for health records will speed up applications and medical procedures. In education, it can be used to create digital transcripts that will consist of people's details like school records, including courses completed, test scores, diplomas, degrees.

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