Blockchain Training in Tambaram

Scope of Blockchain Technology and opportunities

• Information-sharing across organizations — trust, transparency, and efficiency
• Supply Chain Management — a consortium of stakeholders in a supply chain can own, operate and enforce rules for their own shared blockchain.
• Coordinate logistics, payments, financial terms, and contract rules
• End-to-End visibility and tracking of supply chain process in real-time
• Auditing — Records can be instantly independently verified.
• Compliance — Track processes against regulations with predefined rules
• Business Contracts — Set predefined rules for transactions between two or more companies engaged in a partnership

Automotive

• Track truthful, full history of vehicle from pre production to sale
• Supply chain parts management

Banking, Financial, Fintech

• Streamline payments processing with high efficiency, fast and secure transactions
• Empower global transactions, tearing down national currency borders
• Minimize auditing complexity for any financial ledger

Charity

• Tracking donation allocation, accountability, integrity
• Reduce overhead and complexity of donation payment processing

Cloud Storage

• Increased security with a shift from centralized data security to decentralized network
• Lower transaction costs within a decentralized network
• Crowdsourcing unused cloud storage

Commercial Vehicles and Transportation

• Tracking journey stops; paired with Internet of Things (IoT) to create an immutable ledger of trip data

Credit History

• Make credit reports more accurate, transparent, and accessible

Cybersecurity

• Fight hacking with immutability of ledger
• Guarantee validity with data integrity
• No Single Point of Failure (decrease in IP-based DDoS attack success)

Donations

• Provide auditable trail for donations to prevent fraud
• Ensure crowdfunded campaigns receive donations and contributors are compensated

Education

• Digitizing, verifying academic credentials
• Federated repository of academic information specific to class, professor, and student

Energy

• Bypass public grids to allow for cheaper, peer to peer energy transfer
• Smart utility metering

Forecasting

• Combined with machine learning algorithms, blockchain can provide a decentralized forecasting tool

Government and Voting

• Reduce voter fraud, inefficiencies with verifiable audit trails
• Minimize government fraud, digitize most processes
• Increase accountability and compliance for government officials
• Identity validation; integrity of citizen registry data

Gun Safety

• Tracking gun ownership and possession related information
• Tracking criminal ID history and attempts to purchase

Human Resources

• Background checks: Verification of identity, employment history
• Payment and benefits process validation — smart contracts

Insurance

• Improve multi-party contracts
• Streamline risk contract efficiency
• Streamline claims adjudication
• Reduce disputes with transparency of shared data

IoT

• Ability for IoT applications to contribute transactional data to blockchains.
• Implications across industries (trucking/transportation, supply chain integrity, etc.)

Law enforcement

• Integrity of evidence, resistance to falsification of case data
• Documentation of time-stamped, chronological chain of facts

Legal

• Smart contracts with defined rules, expiration, and accessibility for relevant parties.

Marketing

• Bypass intermediaries, providing more cost-effective advertising

Media

• Control of ownership rights
• Anti-piracy / copyright infringement
• Use of smart contracts for artist compensation/legal proceedings
• Payments processing — cryptographic, secure, and anti-3rd party (this opens up content availability internationally)

Medical / Healthcare

• Drug Supply Chain Integrity
• Patient Databases/Indexes on blockchain
• Claims Adjudication
• Medical Supply Chain Management
• Transparency and Automation within the patient-to-hospital or patient-to-doctor transactions
• Clinical trial provenance — integrity with an auditable trail of data exchange
• Efficiency, privacy, and ownership of patient health data

Public Transportation/Ride Sharing

• Streamline public transportation
• Provide more accurate payment for ride, gas, and wear and tear

Real Estate

• Transparency within agreements
• Verify property information, update and decentralize records
• Reduce paperwork, digitize transaction. processes
• Record, track, transfer land titles

Travel

• Passenger Identification, boarding, passport, payment, and other documentation digitized and verified
• Loyalty programs digitization and tracking