Blockchain is a shared peer-to-peer network. It eliminates the need for third-party services to establish trust. A block or folder of information is created, the data is verified and then it is locked. It is a very secure way to do business. The four main uses of Blockchain are for:
1. Smart Contract
2. Digital Currency
3. Record Keeping
Blockchain is still not used widely but is expected to grow substantially in the coming years. Some uses are for escrow in real estate transactions, title records, healthcare, voting, intellectual property, voting, land rights, and social impact. Do a search online for Blockchain Applications for a certain category you are interested in such as real estate, charity, etc. There will be a 2019 Blockland Solutions Conference in Cleveland, Monday, December 9 – Wednesday, December 11, 2019, www.blockland.solutions.com.
Amy Neumann,Good Plus Tech, LLC, goodplustech.com