Blockchain
applications & use-cases
A blockchain is an expanding list of cryptographically signed, irrevocable transactional records shared by all participants in a network. Each record contains a time stamp and reference links to previous transactions. With this information, anyone with access rights can trace back a transactional event, at any point in its history, belonging to any participant. A blockchain is one architectural design of the broader concept of distributed ledgers.
There are many different types of distributed ledger systems, each obeying its own security and privacy levels.
Below summary is an indication of the business models applications and use cases. It is not comprehensive and subject to change as Blockchain technological developments accelerate and as we are able to identify more use cases.
business models
Token Economy
Blockchain as a Service(BaaS)
Development Platforms
Blockchain Based Software Products
Network Fee Charge
Blockchain Professional Services
P2P Blockchain Business Model
applications / Use-cases
Asset Tracking
Exchanges
Identity Management (KYC)
Smart contracts
Documentation
Digital identity
Supply chain management
Governance, risk and compliance management
Internal/ Shared Record Keeping
Loyalty & Rewards Tracking
Trading
Payment/Settlement
Voting
(Automate) Claims
Combating fake news
Smart Buildings
Labeling Transactions
Traceability & Transparency in Food Supply Chain
Trade Finance
Digital Asset Creation
Distributed Ledger of Records
Auditable
Transparency
Reliable
Interoperable
Real-time and agile
Guaranteed continuity
Automatic Validation & Reconciliation
Cost Reduction
Efficiency
Security
Compliance
Visibility
Transaction Speed
Removes Intermediaries
Risk Reduction
Integrity is preserved
Free up Liquidity
Immutability of Records
Traceability of Records
Revenue Growth