| Financial services |
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The emergence of cryptocurrency based secured and tampered proof transactions (e.g., bitcoins) will influence the society and people’s lives with multifold benefits to their credit accounting and financial services
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Helps in enhanced asset management, trade finance and smooth VAT services
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| Technology sector |
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| Manufacturing sector |
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Helps in transforming the manufacturing ecosystems through a shared and distributed systems
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Enhance the real time transparency, agile manufacturing, enable product customisation, smart automation and improvement in employee empowerment
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| Shipping industry |
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Creates a verifiable and distributed shipping system to integrate and interconnect all the business activities
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Reforms the maritime industry by organizing projects, people, information, payment and communication in safer, smarter and more efficient ways
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Ensures minimum delays in real time transactions, transparency of transactions from remote areas, extra vigilance for data confidentiality, transaction validation and fraud management
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Blockchain based solution with IoT enabled smart containers, smart contracts can be used to manage shipments, automate payments, track violations and make the whole SC efficient
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| Automotive industry |
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Benefits include integrated, personalized and on-demand services through a connected, shared and autonomous environment
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Enhances automated maintenance services, ability to audit records, transparency, execution speed and cost reduction
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| Energy sector |
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There is a good potential to transform the energy sector by enablingmore transparent, secure and efficient electrical energy transactions
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Helps ensure energy is well-utilized, well-supplied and the allocation is efficient and transparent
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Users will have access to low cost, high quality energy at all times and places
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| Healthcare sector |
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Helps to improve better usage of healthcare data, patient outcomes, lower costs, enhance compliance and ensure security
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Support many healthcare operations such as neuroscience, EHR medical, genomics medicine, biomedicine, clinical trials, vaccine supply and traceability
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Helps monitor for SCs of drugs, blood, etc. for temperature sensitive drags
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| Agriculture and food sector |
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Increases the transparency and security of transactions, privacy of enterprise information and achieve proper resource allocation among all stakeholders in the agriculture sector
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Helps in establishing a strong end-to-end link between the sources or farmers and big buyers.
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Democratizes the supply process that eliminate food adulteration, ensure food safety and quality, and enhance the social sustainability
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Helps to establish a redit evaluation system supported by blockchain technology to strengthen the supervision and management in the food SC
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| Aviation sector |
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Blockchain integrating with RFID and IoT can transform the aviation industry with better tracking of ports, more efficient scheduling of air logistics and transportation.
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Blockchain also helps mitigate risks and high end security which eventually benefits the human life and the society
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| E-commerce sector |
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Helps in transforming the e-commerce sector by enhancing the payment systems, e-procurement, SC risk management, last mile logistics and data security
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| Education sector |
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Helps through decentralized data distribution, data immutability and disintermediation that enhance the institute’s reputation, trust, productivity and review process that creates high societal impacts among the peers
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| Entertainment and tourism sector |
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Reduces the overall cost of infrastructure for ICT, enables tamper resistant transactions, reduces systematic risks for tourism industry
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Enhances the efficiency for virtual reality-based tourism
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Helps in securing the ownership and digital rights, distribution rights and secure transaction in entertainment sector which directly support the social welfare
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