This Is How Blockchain Could Revolutionize Our World

in #blockchain6 years ago

Blockchain is a powerful technology that can (and will) change the world.
Everyone here on steemit and in the crypto-scene knows it - but the mainstream world around us is discovering the endless benefits of blockchains only very slowly.
Last year, IBM already stated that 15% of Banks worldwide would be using Blockchain technology by the end of 2017 - and in recent news, citi bank and JP Morgan have started to integrate Blockchain.

But Blockchain Technology can actually be used for much more than "just" cryptocurrency.
The UN for example is using Blockchain Technology to fairly distribute funds to refugees, and Walmart (in cooperation with IBM) is using it to ensure food safety.

The possibilities are almost endless, but let me highlight 2 new major projects have been announced just this week, where Blockchain technology plays a key role.

#: Saving the Environment with Blockchain!
Conservation biologist guillaume chapron has written an editorial which become posted in nature the day past, claiming that blockchain era may be used to save our environment.
Many environmental issues are created because we lack trust and transparency.
Whilst buying produce at the grocery save as an instance, the deliver chain could be very lengthy and it is complicated for the give up patron to find out where and underneath what conditions the object turned into created.
It is easy to cheat on this long system, and it's also clean to sneak in environmentally unsustainable elements.

Blockchain may want to trade that: it is able to show each step of the technique with a timestamp, and everybody could understand that no records can be falsified in this clever agreement.