APAC CIO Outlook
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    Networking

    PropTech

    Remote Work

    Scheduling Software

    Simulation

    Startup

    Storage

    Wireless

  • Banking

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Healthcare

    Insurance

    Legal

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • Atlassian

    CISCO

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Content Management System

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Enterprise Architecture

    Enterprise Communications

    Enterprise Contract Management

    ERP

    Field Service

    HR Technology

    IT Service Management

    Managed Services

    Procurement

    Product Management

    RegTech

    Revenue Management

    Sales Tech

Menu
    • Augmented Reality
    • Agile
    • Cognitive
    • Cyber Security
    • Digital Transformation
    • Atlassian
    • E-Commerce
    • Managed Services
    • RegTech
    • CISCO
    • Blockchain
    • IoT
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Blockchain
    Editor's Pick (1 - 4 of 8)
    left
    Supporting Business with the Right Technology

    Andy Jurczyk, CIO, Seyfarth Shaw LLP

    A Closer Look at Block Chain Technology

    John Shea, CIO, Eaton Vance

    Blockchain: The answer to solve the perennial issues in the Telecom Industry

    Neeti Virmani, Venture Partner, Loyal VC

    How 5G + blockchain + IoT + Mobile apps and devices are about to lead us to a

    Maurice Audinet, Head of Digital Transformation, Jurlique Hong Kong Limited

    Crypto Exchanges: The Markets Unsung Hero

    Lennix Lai, Financial Market Director of Okex

    How Could DLT Redefine Roles in Post-Trade?

    Boon-Hiong Chan, Head of Market Advocacy, Securities Services, Deutsche Bank

    Blockchain - Based Financial Service Applications

    Boon-Hiong Chan, Director, Head of Business Control Unit & Market Advocacy, APAC, Deutsche Bank

    Powering Industries with Blockchain

    Gopalakrishnan P, Development Leader, Blockchain Solutions, IBM Industry Platforms

    right

    Blockchain: The Driving Force of Multiple Industries

    By Apac CIO Outlook | Wednesday, February 20, 2019
    Tweet

    Blockchain and bitcoin are interlinked, and blockchain has a multitude of other functions and uses. Sustainability is the ability to drive business process efficiently and transparently across industries which translates to better use of resources that creates value. In this context, blockchain and distributed ledger technologies (DLT) are one of the most powerful drivers for sustainability.

    Blockchain can track the goods and services across the landscape in an automated fashion which allows data to be exchanged seamlessly. Traditional inconsistencies can be avoided with blockchain technologies. The whole process from fundamental issues to money laundering becomes 100 percent transparent and trackable. The pharmaceutical industry benefits from blockchain as it can be used to track and record the movement of drugs and medication. When drugs are used illicitly, every packet of the drug can be monitored and traced at all times.

    Key Blockchain companies: InsurePal, ChainThat

    Property and real estate can take advantage of the public ledger for ownership and transfer to improve identity management and to ensure authentic historical records. Blockchain can also provide a secure and accountable case for energy trading and establishing contracts. The financial services are inclined towards the use of blockchain because of the transparency that it provides. The digital economy will witness a seismic shift because of the transparency offered by blockchain.

    Fake news spreads quickly, and blockchain can stop it in tracks. Public blockchains have the potential to disrupt the current business model by removing the intermediaries such as banks and reducing the infrastructure costs. All government transactions would be open for scrutiny with blockchain employed in every public ledger. Therefore, the potential to improve efficiency and sustainability is massive.  

    In the future, crypto-currencies will also become more sustainable. New upcoming blockchain platforms will help bitcoin overcome the low transaction volumes and high energy consumption.  With cryptocurrency gaining momentum in the market again, efficiency will increase in the economy. The robust tools provided by blockchain will streamline the complexity of transactions.

    Check out: Top Blockchain Solution Providers

    tag

    Financial

    Pharmaceutical

    Scrutiny

    Weekly Brief

    loading
    Top 10 Compliance Solution Companies - 2021

    Featured Vendors

    MasterSAM

    Sanjeev Dhar, MD

    entity solutions

    Matthew Franceschini, CEO & Co-founder

    ON THE DECK

    Compliance 2021

    Top Vendors

    Compliance 2020

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Role of AI in the Retail Sector

    Role of AI in the Retail Sector

    How Can Smart Retail Tech Help In A Post-Covid Retail Environment?

    How Can Smart Retail Tech Help In A Post-Covid Retail Environment?

    How Cognitive Computing Transforms Healthcare?

    How Cognitive Computing Transforms Healthcare?

    How to Establish Effective Cybersecurity Leadership in Post-COVID Era?

    How to Establish Effective Cybersecurity Leadership in Post-COVID Era?

    Disrupted Employees and Cybersecurity Risks

    Disrupted Employees and Cybersecurity Risks

    The Importance of Cognitive Analytics in Business Growth

    The Importance of Cognitive Analytics in Business Growth

    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/blockchain-the-driving-force-of-multiple-industries-nwid-6085.html