Top 5 use cases in Blockchain Technology
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Top 5 Use Cases In Blockchain Technology
Innovation forms the base for new developments, and they can be of two types, 
vertical and horizontal. While vertical innovation is restricted to its use in only one 
niche, while horizontal innovation like the internet, cloud computing, etc., finds its 
application in myriads of fields. 
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Another addition to the list of horizontal innovation is Blockchain technology. It 
came into picture ten years back in 2009 as the underlying framework for Bitcoin, 
but it has evolved over the years as a mainstream technology. It is ubiquitous and 
finds application in several domains. In this blog, we will be highlighting the top 5 
use cases of Blockchain technology.
 
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Application Of Blockchain
1. Faster Transactions- One of the key use of Blockchain lies in the field of 
finance. We know that Blockchain is free from third-party interference. Since the 
users can directly interact with each other, there is no need to wait for validation 
and verification that saves a lot of time, and no intervention means that you don’t 
have to share a huge chunk of money as commission or fees. Hence, it becomes 
one of the prominent technologies in the finance sector.
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2. Logistics- Another use case of Blockchain is in logistics, where you can use 
the technology for tracing and tracking a product. Some of the developments that 
have taken place in this field have the backing of companies like IBM. The IBM- 
Wallmart food chain is built on hyperledger fabric and helps in ensuring that there 
is no sub-standard food sent by the supplier.
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3. IP- One of the unconventional areas where Blockchain can prove to be 
beneficial is Intellectual Property rights. With Blockchain, the user or content 
creator will have more control over their content or products. And they can decide 
who can use it, thus making them have more control. Moreover, once the 
information pertaining to certain products gets fed in the system, it becomes 
difficult to alter or delete it, thus securing the rights of the creator. This will 
eventually solve the dispute about the origin of the idea.
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4. Healthcare- One of the challenges the medical practitioners face is that they 
don’t have access to the medical history of patients. With Blockchain, this problem 
can be easily resolved since all the data can be easily stored on the DLT platform, 
which is easily accessible by the people in the network. So, medical practitioners 
and doctors can easily access this information. 
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4. Healthcare- One of the challenges the medical practitioners face is that they 
don’t have access to the medical history of patients. With Blockchain, this problem 
can be easily resolved since all the data can be easily stored on the DLT platform, 
which is easily accessible by the people in the network. So, medical practitioners 
and doctors can easily access this information. 
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5. Education- Another area where Blockchain finds its use is in the education 
domain. Here the universities and colleges can store all the data on the 
Blockchain platform; it can be anything ranging from personal information to 
educational certificates and credentials. It will make it easier for students and 
authorities to access this data. Moreover, every piece of information remains time-
stamped and encrypted, so there is no probability of tampering the data. 
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Conclusion- All this makes Blockchain an inevitable technology that has the 
power to impact the business operations like never before. With all these 
prospects and growth, it has also paved the way for new job prospects and 
demand for Blockchain professionals. You can also become a part of this league 
by joining Blockchain Council’s online Blockchain training programs.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain 
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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THANK YOU!
Any questions?
You can mail us at
[email protected]
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