What is BlockChain ?
Nowadays it's one of most used and popular word on internet . To simplify Block Chain is distributed ledger ...........as simple as that .
Some of industries which are projected to be disrupted by adoption of blockchain are
1. Banking & Financial institutions
2. Cyber Security
3. Supply Chain Management ( Smart Contracts)
4. Forecastinga nd Analytics
5. Netwroking and IOT
6. Insurance
7. Transportation system (Ride share , logistics share and delivery)
8. Cloud Storage
9.Charity
10. Voting
Nowadays it's one of most used and popular word on internet . To simplify Block Chain is distributed ledger ...........as simple as that .
Some of industries which are projected to be disrupted by adoption of blockchain are
1. Banking & Financial institutions
2. Cyber Security
3. Supply Chain Management ( Smart Contracts)
4. Forecastinga nd Analytics
5. Netwroking and IOT
6. Insurance
7. Transportation system (Ride share , logistics share and delivery)
8. Cloud Storage
9.Charity
10. Voting
Use Case :
There are many use cases for blockchain . One of quite a popular is Bitcoin cryptocurrency as of now .
Smart Contracts :
Another big use case and going to be biggest is smart contracts .Many companies are very aggressively working on smart contracts as a big use case in supply chain business .
Some of big names which joined Linux foundation and started research on blockchain are
IBM ,Intel ,Accenture,Cisco,Airbus,Amex,SAP,Oracle,NSE and ......never ending list of companies
Some of the popular products which has come out of open standards are
IBM : Hyperledger Fabric and Composer , Intel : Hyperledger Sawtooth .
Out of this IBM product is available in active mode , that means ready for production consumption .
More details to come on Hyperledger Fabric .....How to setup and and examples ........
