Uses of Blockchain Technology beyond Cryptocurrency

Blockchain use-cases

Blockchain and its technologies are implemented in many organizations. We all know that blockchain was first introduced to support the bitcoin and transactions. When developers started to abuse blockchain, the process leads them to identify many innovative ideas using blockchain.
Blockchain technologies can be implemented from the food industry to Artificial Intelligence.

1. Blockchain in payments: Many industries started using distributed ledger technology in their business Blockchain in payments is one among them. Blockchain in payments helps a better business to the business transaction as cross border payments, the range of transaction is not limited which means there is no minimum amount transaction. It is very difficult to process cross border transactions for companies, But blockchain technology can be used for a hassle-free transaction.
2. Blockchain in Manufacturing Industry: Manufacturing started to using blockchain technology to improve the efficiency of product authenticity, quality care, customer need, operational excellence and many more. The important part of blockchain technology is its transparency. The manufacturing industry started to use blockchain technology in supply chain. Application of blockchain in Manufacturing Industry
3. Blockchain in Music Industry: The major problem related to music industry is maintaining copyrights and piracy. Both these cases can be solved using blockchain technology. Blockchain Technology in music industry helps to claims the integrity to prove the original owner’s and fair payments to the authors