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Topic: Blockchain Usage In Mainstream Examples - page 2. (Read 372 times)

copper member
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January 06, 2020, 05:27:57 PM
#10
I don't have a preference but I truly believe it will help us to resolve some very difficult societal problems. The blockchain isn't just about cryptocurrency, finance, and healthcare.

If we consider the private blockchains I have heard a lot more about it than the ones concerning the finance industry and cryptocurrency together. Blockchain in the food industry with Carrefour, for the cars with Mercedes, telecom, supply chain with the US army, China with chickens and so on. Even Amazon jumped on the blockchain train, Dell, IBM PWC, Walmart... so many large and medium companies worldwide. Crazy but 33,000 Companies in China Claim to Use Blockchain Technology

If we exclude all the shitcoins, the finance is maybe the industry that uses less the blockchain (if we compare the number of projects). The application of the technology is so large that it's evident the finance will be a small industry compared to the blockchain's potential (food, real estate, IoT, )
sr. member
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January 06, 2020, 05:20:22 PM
#9
We agree that Blockchain technology is good. But how can we integrate it into life? I don't think all paperwork in public diplomacy will be moved to the blockchain. But one day the blockchain can shake the state systems. A new area of assurance is emerging.
legendary
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January 06, 2020, 03:36:30 PM
#8
I used to keep my eye on a couple of projects, but these were all ICOs and the emphasis was more on profit
Yeah, ICOs tend to be more about making the creator(s) money than about bringing a product to market or having a real world use. Many of them were a solution in search of a problem, awkwardly shoe-horning blockchain in to a space or area it wasn't needed. Much better projects are ones which identify a problem and think "Could blockchain help out here?"

If you are interested in RAPID, you can read more below:
https://www.lexjansen.com/phuse-us/2018/rg/RG11.pdf
http://nitaac-nih.hs-sites.com/showcase/blockchain-innovations-in-health-data-sharing-with-fda-and-booz-allen

I'm very interested to see how such a project could scale to share data globally, to help co-ordinate a response to the next big pandemic or potentially even an emerging threat, such as an antibiotic resistant superbug.
legendary
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January 06, 2020, 03:09:07 PM
#7

Thank you for the links, the first one in particular was quite handy to see what was going on a broader scale.
legendary
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January 06, 2020, 02:58:12 PM
#6
As we start 2020, looking back at 2019 and before that - what in your opinion were the biggest innovations where implementation of blockchain was a big step forward (medical, economical, scientific etc) and how did it impact those that were to be beneficiaries of that implementation?

Kindly list them and share your opinions

Biggest innovation of blockchain is money. It helps to be able to move it fast, cheap and securely and untraceable. It is premisionless and censorship resistant.    I mean what else do you want really?
legendary
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January 06, 2020, 01:48:21 PM
#5
I've also been quite interested in the development of a project called RAPID, or Real-Time Application for Portable Interactive Devices, by Booz Allen and the FDA, which is designed to be used during pandemics and other public health emergencies to improve data sharing between hospitals.

This looks very interesting, and I'm going off thinking about its possible applications in my countries health care system. I used to keep my eye on a couple of projects, but these were all ICOs and the emphasis was more on profit, so a couple of them have fizzled out while the rest are yet to take off.

I was also looking into the possible applications of the blockchain technology into (real-time) advertising, can not recall the websites now, also not sure if the projects are still active. Would update this reply when I do some research.
legendary
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January 06, 2020, 12:10:04 PM
#4
I've been keeping an eye out for blockchain developments in the medical sector for quite some time. There a quite a few on the horizon or in development, but few that have actually reached a workable solution yet. There's a good summary in this paper - Blockchain in Healthcare: A Patient-Centered Model. Scroll down to Table 1 for a TL;DR of the different systems currently being discussed or developed.

Many of them revolve around storing patient data, of which I still have my doubts for two reasons. First of all, privacy of this data is paramount, and given this data is now being decentralized and distributed across multiple servers and sites, there would need to be robust mechanisms in place to ensure its security. Second of all, the amount of data which a single patient can generate is massive. Even the data from a single hospital would rapidly become expensive to store on a blockchain model. However, there are a few projects I've found which seem to be trying to address these issues. A couple of relevant quotes below. There was another project I read about (I can't seem to find the paper at the moment) which discussed about storing health records off-chain, but using a blockchain system to organize and permit access to them, which also looked quite interesting.

To assure the security and the privacy of medical data, we need to develop an effective data encryption solution. The asymmetric cryptography is adopted to encrypt these data in this paper, which is efficient and low cost. If someone tries to read a record, he must know the corresponding decryption key. On condition that attackers don’t have decryption key, what they get is meaningless. In many fields, ring signature algorithm, group signature and zero-knowledge proof scheme are used to enhance the anonymity of data. We achieve the same effect in MedBlock based on access control protocols by hiding the signature information and encrypting summaries for unauthorized users.

As health records can be formed by many data, the intent is that queries are not made of all health records at once, but in parts. In addition, these health records can be divided in order to be sought only the most recent data in a paginated format.
...
This mechanism provides optimization of database queries, because records are always divided into pages, generating less traffic on the network.

I've also been quite interested in the development of a project called RAPID, or Real-Time Application for Portable Interactive Devices, by Booz Allen and the FDA, which is designed to be used during pandemics and other public health emergencies to improve data sharing between hospitals.
legendary
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January 06, 2020, 07:12:59 AM
#3
I cant elaborate 1 by 1 but surely thing that blockchain technology is already been used on different sectors.

https://www.blockstuffs.com/blog/countries-adopting-blockchain
https://www.blockchain-council.org/blockchain/top-10-countries-leading-blockchain-technology-in-the-world/
legendary
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January 06, 2020, 05:41:16 AM
#2
As we start 2020, looking back at 2019 and before that - what in your opinion were the biggest innovations where implementation of blockchain was a big step forward (medical, economical, scientific etc) and how did it impact those that were to be beneficiaries of that implementation?

Kindly list them and share your opinions

There were quite a few efforts in this department

Most are related to financial sector, though. For example, the Chinese central bank was going to test its digital yuan by the end of 2019 (you can read about it here and here). European financial authorities are also looking in that direction and seem to want something similar. Russian Nornickel, one of the largest producers of nickel and palladium in the world, was testing its trading platform for digital metal tokens (read here)

Apart from that, European soccer clubs are running private blockchains and proprietary tokens for their fans (see here) as well as the Italian manufacturer Lamborghini is using a tailored blockchain to authenticate its heritage cars (more here). There should also be other examples, plenty of them, I guess
legendary
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January 06, 2020, 05:17:47 AM
#1
As we start 2020, looking back at 2019 and before that - what in your opinion were the biggest innovations where implementation of blockchain was a big step forward (medical, economical, scientific etc) and how did it impact those that were to be beneficiaries of that implementation?

Kindly list them and share your opinions
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