(707) 268-8850    Get SUPPORT

Network Management Services Blog

Blockchain is for More Than Cryptocurrency

Blockchain is for More Than Cryptocurrency

If you’ve heard of blockchain recently, there’s a pretty good chance it was in reference to cryptocurrency. With Bitcoin reaching record levels in December, the idea of using blockchain technology to develop digital currency was on a lot of people’s minds. However, the blockchain has a variety of other practical uses.

Content Management
In a world with an increasingly global economy that relies more and more on digital communications, it can be difficult for a content creator of any kind to ensure that their ownership is being respected. After all, there is little that is easier than copying something that is found online and reproducing it without recognizing its creator, let alone reimbursing them.

Blockchain technology can soon help to change that. Many companies have been developing blockchain tools to help protect content creators and their copyrights. From ensuring that proper attribution is preserved in content, to simplifying payments, all the way to proving who created content in the first place, the blockchain will likely soon be a common way of protecting content creators’ intellectual property while allowing them to share out their content.

Healthcare
With so much sensitive, personally identifiable information being necessary in the healthcare field, the privacy afforded by blockchain technology is a natural fit. This is especially true by merit of blockchain’s utility as a concrete record.

As a result, patients may soon find that their personal medical history is more protected than ever, with the risk of any document being lost eliminated once it is incorporated into the blockchain. Any physician that was granted access could update a patient’s complete medical history, whether or not the patient was in-network, allowing for improved record-keeping and thereby better-informed care.

Audit Trails
The blockchain itself can be considered a database, albeit one that keeps a complete record of any changes made to its contents. As a result, it can serve as an excellent means of tracking audit trails.

Through the blockchain, the progress of work (or even the shipment of materials) can be mapped out and monitored. This way, if there is ever an issue or error made, it is easier to identify where and why things went wrong. In turn, it is then easier to resolve these issues. Furthermore, the data within the documents stored in the blockchain gives details on when, and by whom, the documents were added.

This is useful when an organization needs to keep a concrete record of their documentation and the actions they have taken.

Secure Voting
Regardless of your views on the prevalence of voter fraud and other such concerns, the idea of making the voting process more secure only makes sense. As you’ve probably guessed, the blockchain has the potential to do so. By preserving voting results in the blockchain, they are safe from any tampering, which means that the results can be trusted as reliable.

While cryptocurrency may be the most exciting part of blockchain technology, there are many more practical uses. What do you think? Let us know in the comments.

Lack of Security Training is Putting Businesses at...
CES 2018 Showcases Upcoming Technology
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Sunday, August 19 2018

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Tip of the Week Security Technology Cloud Best Practices Network Security Privacy Business Computing Managed IT Services Malware Data Backup Hackers VoIP Backup Google Hosted Solutions Mobile Devices Outsourced IT Email Data Recovery Innovation IT Support Tech Term Microsoft Data Software Cloud Computing Hardware Internet Business Continuity Efficiency Communications Internet of Things BDR Saving Money IT Services Small Business Cybersecurity Ransomware Cybercrime Business Android Disaster Recovery User Tips Smartphones How To Alert Communication Artificial Intelligence Network Gadgets Server Computers Browser Managed IT Services Avoiding Downtime Smartphone Windows Managed IT Law Enforcement Mobile Device Management Social Engineering Two-factor Authentication Mobility Business Intelligence Passwords Data Security Data Protection Collaboration Productivity Router Business Management BYOD Vulnerability Money Miscellaneous Save Money Social Media Chrome Phishing Telephone Systems Productivity Computer Remote Monitoring Bandwidth Operating System Virtualization Windows 10 Identity Theft Redundancy Document Management Blockchain Proactive IT Budget IT Support Facebook VPN Applications Office 365 Connectivity Compliance Upgrade Managed Service Provider Word Private Cloud Spam Flexibility Firewall Windows 10 App Servers Data Storage Data Breach Solid State Drive CES Quick Tips Public Cloud Holiday Employer-Employee Relationship Content Filtering Wi-Fi Password Spam Blocking Business Owner Content Management Paperless Office Data storage Access Control Smart Tech Information Technology Work/Life Balance Apps Value Networking Data loss Comparison OneNote Credit Cards Bring Your Own Device Microsoft Office IT Management Analysis Hacking Big Data Windows 7 Website IT Plan Infrastructure Automation Physical Security Office Tips Government Update Workers Mobile Device Information Unsupported Software File Sharing Google Drive Cables Devices Current Events Digital Signature Machine Learning Enterprise Content Management Computer Care Settings Workplace Tips USB Humor Excel Workforce Smart Office Computing Infrastructure Root Cause Analysis Botnet Amazon Web Services Inventory Scam Managed Service Software Tips Mobile Computing Business Mangement Addiction webinar Files FENG Start Menu IoT Business Technology PDF Black Market Unified Communications Thought Leadership Knowledge Data Management Apple Flash Encryption YouTube Password Management Samsung Reputation Internet Exlporer Google Docs Augmented Reality Tip of the week Telecommuting Charger Emails Keyboard Meetings Travel Online Shopping Hybrid Cloud Gmail Cache Conferencing Mobile Wireless Technology Virtual Assistant Voice over Internet Protocol Theft Streaming Media Electronic Medical Records IBM Network Congestion Hard Drives iPhone Windows 10s Strategy NIST Safety Hosted Solution Customer End of Support Data Warehousing Authentication The Internet of Things Windows Server 2008 Remote Work Students Marketing Hacker Monitor History Evernote HBO Recycling Wireless Internet Legal Risk Management Professional Services Insurance Telephone System Education Multi-Factor Security Google Apps Content Filter IT Consultant Sync Cryptocurrency Recovery Internet exploMicrosoft Wireless Charging Nanotechnology Supercomputer Save Time Human Resources Healthcare Unified Threat Management Screen Mirroring Software as a Service Office Outlook Specifications eWaste Wire Cortana CrashOverride Tools Fraud Practices Emergency Trending Storage Leadership HaaS Audit Telephony Accountants Safe Mode SaaS Advertising Fiber-Optic MSP Regulations Staff Electronic Health Records HVAC Cleaning Netflix User Error Cast Relocation Frequently Asked Questions Millennials Criminal Sports Training HIPAA Colocation Downtime Amazon Hosted Computing Patch Management Lifestyle Password Manager Entertainment Hiring/Firing Health Computer Fan Skype Two Factor Authentication Remote Worker Automobile WiFi Worker Commute Fun Vendor Management Public Speaking Bluetooth Presentation Assessment Wiring Lithium-ion battery Instant Messaging Troubleshooting Transportation Proactive Video Games Administration Tech Support Books Television 5G Battery Techology Company Culture How to Benefits Remote Monitoring and Maintenance Search Webinar Remote Computing Experience Worker Public Computer Customer Relationship Management Content Managing Stress Competition Loyalty Smart Technology Line of Business IP Address IT solutions Scalability Music Users Rootkit Best Practice Politics Regulation Employer Employee Relationship Customer Service Audiobook Shadow IT Mobile Office Wearable Technology Virtual Reality Domains Twitter Computer Accessories Wireless