5 Blockchain Use cases You need to Know.
As the endorsement of Blockchain technology continues to every corner further, a number of different use cases are being put in by major companies. Every industry nowadays is experiencing the benefits of blockchain technology such as Transparency, Speed, Security, and flexibility. Blockchain In Food Supply Chain: Blockchain Technology helps every farmer to save their crop details such as crop type, origination, sowing methods and so on. This information will be accessed by all stakeholders within the network. Next to that the food processing companies can bid for crops using the smart contract after receiving crops from farmers. The bidding information is also stored on the blockchain. This transparency in the food supply chain can reduce food contamination and increase food safety. Blockchain In Solar Energy: Few industries are using blockchain as a tool to build energy grids more accessible and sustainable in real-time. With the help of smart-grid relied blockchain...