094 90 48200    Get SUPPORT

Aniar IT Services Blog

Blockchain is for More Than Cryptocurrency

Blockchain is for More Than Cryptocurrency

If you’ve heard of blockchain recently, there’s a pretty good chance it was in reference to cryptocurrency. With Bitcoin reaching record levels in December, the idea of using blockchain technology to develop digital currency was on a lot of people’s minds. However, the blockchain has a variety of other practical uses.

Content Management
In a world with an increasingly global economy that relies more and more on digital communications, it can be difficult for a content creator of any kind to ensure that their ownership is being respected. After all, there is little that is easier than copying something that is found online and reproducing it without recognizing its creator, let alone reimbursing them.

Blockchain technology can soon help to change that. Many companies have been developing blockchain tools to help protect content creators and their copyrights. From ensuring that proper attribution is preserved in content, to simplifying payments, all the way to proving who created content in the first place, the blockchain will likely soon be a common way of protecting content creators’ intellectual property while allowing them to share out their content.

Healthcare
With so much sensitive, personally identifiable information being necessary in the healthcare field, the privacy afforded by blockchain technology is a natural fit. This is especially true by merit of blockchain’s utility as a concrete record.

As a result, patients may soon find that their personal medical history is more protected than ever, with the risk of any document being lost eliminated once it is incorporated into the blockchain. Any physician that was granted access could update a patient’s complete medical history, whether or not the patient was in-network, allowing for improved record-keeping and thereby better-informed care.

Audit Trails
The blockchain itself can be considered a database, albeit one that keeps a complete record of any changes made to its contents. As a result, it can serve as an excellent means of tracking audit trails.

Through the blockchain, the progress of work (or even the shipment of materials) can be mapped out and monitored. This way, if there is ever an issue or error made, it is easier to identify where and why things went wrong. In turn, it is then easier to resolve these issues. Furthermore, the data within the documents stored in the blockchain gives details on when, and by whom, the documents were added.

This is useful when an organization needs to keep a concrete record of their documentation and the actions they have taken.

Secure Voting
Regardless of your views on the prevalence of voter fraud and other such concerns, the idea of making the voting process more secure only makes sense. As you’ve probably guessed, the blockchain has the potential to do so. By preserving voting results in the blockchain, they are safe from any tampering, which means that the results can be trusted as reliable.

While cryptocurrency may be the most exciting part of blockchain technology, there are many more practical uses. What do you think? Let us know in the comments.

Tip of the Week: Do You Know How to Protect Medica...
CES 2018 Showcases Upcoming Technology
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Monday, September 21 2020

Captcha Image

By accepting you will be accessing a service provided by a third-party external to https://www.aniar.ie/

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Tip of the Week Security Technology Productivity Business Computing Best Practices Cloud Email Privacy Network Security User Tips Workplace Tips Innovation Hosted Solutions Efficiency Data Google Internet IT Support Microsoft Hackers Software Hardware Communication Collaboration Business Data Backup Cybersecurity Small Business Managed IT Services Data Recovery VoIP Windows 10 Tech Term Phishing Smartphones Mobile Device Cloud Computing Computer Smartphone Communications Android IT Services Mobile Devices Malware Gadgets Users Backup Network Outsourced IT Business Continuity Browser Saving Money Windows Artificial Intelligence Business Management Information Disaster Recovery Managed Service Miscellaneous Facebook Internet of Things BDR Quick Tips Upgrade Spam Chrome Server Passwords BYOD Automation Office 365 Social Media Router How To Encryption Apps Covid-19 Operating System Windows 7 Microsoft Office Blockchain Save Money Paperless Office Holiday Mobile Office Word Computers Data Security Cybercrime Data Storage Wi-Fi Applications Managed IT Infrastructure Human Resources Vulnerability History Networking Bandwidth Staff Data Breach Government Remote Work Patch Management Data Protection HIPAA Remote Monitoring Settings Telephone System Virtualization Ransomware Mobile Device Management Connectivity Money Two-factor Authentication Display Spam Blocking Software as a Service Scam Augmented Reality Training Fraud Update Business Intelligence Keyboard Bring Your Own Device Content Management IT Management Botnet VPN Processor Password App Virtual Assistant Managed IT services Meetings Google Drive Redundancy Voice over Internet Protocol Vendor Management Big Data Business Technology Telephone Systems Hard Drive Website Audit Health Social Engineering Private Cloud IT Plan Office Avoiding Downtime Servers OneNote Education Managed Services Provider Identity Theft Wireless Comparison Unsupported Software Vendor Procurement Help Desk Google Docs Access Control Compliance Digital Signage Law Enforcement Sports Machine Learning Cryptocurrency Telephony Employee/Employer Relationship CES HaaS Virtual Machine AI Recycling Devices Cryptomining Biometric Security Information Technology Windows Server 2008 Windows Server 2008 R2 OneDrive 5G Authentication FENG Google Search Virtual Private Network RMM Cortana YouTube Alert Mouse IT Infrastructure Social Network Practices Safe Mode Security Cameras Cache Policy Smart Office HBO Shortcuts Hypervisor Remote The Internet of Things eWaste Thought Leadership Remote Worker Database Telecommuting Manufacturing Computing Amazon Hacker Microchip Computer Care Copiers Save Time Remote Workers Employees Investment Printing Charger Hosted Computing Solid State Drive Smartwatch Skype Peripheral Wireless Internet Procedure Document Management Camera Outlook Windows 10s Enterprise Content Management Mobility Going Green Legal Downtime Wiring Travel Virtual Reality Professional Services Amazon Web Services Accountants Screen Mirroring Search Engine Development Password Manager Nanotechnology Proactive IT Tools Work/Life Balance Managed IT Service ROI Personal Wireless Charging Inventory Physical Security Start Menu Project Management Quick Tip USB FinTech Employer-Employee Relationship Printers Frequently Asked Questions Recovery Password Management Social Sync Multi-Factor Security Saving Time Criminal Twitter Root Cause Analysis Firewall Cabling Fiber Optics Cast Bing WiFi Messaging Business Mangement Smart Tech MSP Net Neutrality Millennials Digital Signature GDPR Digitize Google Apps Employee Bitcoin Regulations Electronic Medical Records Wire Apple Entertainment Warranty Excel Online Shopping Public Cloud NIST Supply Chain Management Addiction Unified Threat Management Cables Trend Micro HVAC Flash SMS Gmail File Sharing ISP Value Workforce OLED Using Data Credit Cards PDF Tip of the week Remote Computing IT Assessment Workers Computer Fan Specifications Batteries PCI DSS Data Management Conferencing Data loss Printer Default App Shopping Evernote Cleaning Software Tips Trending Managed Services Mobile Computing CrashOverride Wireless Technology Regulation Tech Support Safety IBM Productivity Managed Service Provider Marketing Company Culture Emergency Budget Competition Customer Relationship Management Hiring/Firing IP Address Managing Stress Fun Customer Service Personal Information Domains Windows 10 Hard Drives Financial Public Speaking Search Presentation Lithium-ion battery