Approximately EUR 76 billion will be

parvej64

Below we indicate sectors with the greatest potential for using blockchain technology. Financial sector Blockchain allows you to safely store various types of documents and information, e.g. about transactions. It can be used both in banks, stock exchanges and various types of lending and insurance institutions. The financial sector was the first to notice the positive aspects of blockchain technology. The security of information and documents stored in a blockchain-based system is much higher than in a traditional system due to its decentralization, transparency and functionalities such as the ability to remotely authenticate and sign documents. Real estate sector Systems based on blockchain technology facilitate and accelerate real estate sales transactions.

They are able to store contracts, notarial deeds and other information about the property, and also enable the conclusion of a sales contract fully in the system. Transport and logistics sector Blockchain technology allows you to keep a register of drivers, vehicles and vehicle equipment photo retouching without the need to cooperate with intermediaries. In logistics, it works as an effective tool for monitoring and tracking shipments and transports in real time. In systems based on blockchain technology, information throughout the entire supply chain is accelerated; blockchain technology also contributes to increasing the security of data flows in the chain and improving transparency for all its participants (individual information is saved in all network nodes).



Public administration sector Blockchain technology can be used to reduce bureaucracy in public administration institutions. It can also be used to conduct elections and referenda by supporting the identity verification process and transparent vote counting. Medical and pharmaceutical sector The system based on blockchain technology provides access to electronic medical records and securely collects all necessary data and the patient's treatment history. This technology may also prove useful in the process of collecting and storing large data sets from clinical or epidemiological studies.