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No one can deny the potential of blockchain technology and its game-changing abilities in accounting, fund transfers, voting and more. So, you can see several start-ups who are utilizing the depth f blockchain. Here are the 4 innovative start-ups which are using blockchain as a base of their business.
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Blockchain technology comprises a decentralised distributed ledger or network of “blocks”, units of data that are visible and verifiable in real-time by all participants in that network. • The information contained in each new block is unalterable as it is connected to preexisting blocks via timestamping credentials, thus protecting all data in the network from revisions or tampering.
Here are 4 Start-ups That use Blockchain to Operate Their Businesses Power Ledger. D Health Network. Farma trust. Change.
Power Ledger • Power Ledger (POWR) is an Australian blockchain-based cryptocurrency and energy trading platform that allows for decentralized selling and buying of renewable energy. • The platform provides consumers with access to a variety of energy markets around the globe and is meant to be scalable to various energy infrastructures and regulations.
D Health Network • DHealthNetwork is a decentralised healthcare platform that will change lives on a global scale. • It’s core function utilises blockchain technology to globally impact a range of health related needs from individual consultations to large scale projects in a secure and transparent framework. • One of the most promising features of blockchain technology is the personalised control that a decentralised system of record-keeping can offer users, while ensuring data integrity and security is preserved. • Blockchain technology inherently offers authenticated, immutable information.
Farmatrust • FarmaTrust is the most efficient global tracking system which provides security to the pharmaceutical companies, governments, regulators and the public, that counterfeit drugs do not enter the supply chain. • Our system is safe, secure, encrypted and immutable. • FarmaTrust is an example of how blockchain technology can be utilised to reduce black market corruption and stop counterfeit medication.
Change Change is developing a multi-asset blockchain wallet that not only supports the trade of a large range of digital currencies but the system is moving towards also allowing users to make payments for goods and services using traditional currency.
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