5 Blockchain Implementation strategy for Business

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5 Blockchain Implementation Strategy For
Business

• Many companies are now looking forward to
  adopting Blockchain technology. The technology
  has the potential to disrupt every business
  function positively. Although, the Blockchain
  technology proposes to be a great asset, yet, it
  is at a very nascent stage. With a history of a
  decade, technology has given enough evidence to
  support the fact that it can be a boon for many
  industries.

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• PwC in a global survey of 600 executives found
  that though 84 of the organizations are working
  towards the use of Blockchain technology, only
  15 of them have live projects. So, it clearly
  shows that there is a huge scope of growth for
  Blockchain expert and Blockchain developers.
  Choosing a Blockchain career is a positive move
  that one can make as more and more companies
  venture into this, there will be a need for
  proficient Blockchain experts who can help in
  implementing this technology.

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• As per Gartners forecast, Blockchain will
  generate around 3 trillion business by 2030.
  With the right strategy and skilled Blockchain
  experts, companies would be able to make their
  business grow.

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Five Ways In Which Blockchain Can Be
Implemented

• 1. Insurance- one of the areas where Blockchain
  can prove to be helpful is the insurance sector.
  Data transparency is something that every
  business must-have. It makes functioning more
  efficient and also helps in building the trust of
  the stakeholders and customers. The entire
  insurance process can be automated by
  implementing smart contracts.

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• Benefits that Blockchain will bring to the
  insurance sector
• Lesser cost
• Easy settlement
• Easy auditing
• Better data quality
• Enhanced security

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• 2. HealthCare- Another sector where you can find
  widespread use of Blockchain platforms is the
  health care segment. There is a great amount of
  data and information exchange that takes place in
  the health care system it can be anything like
  personal information of the patient, their health
  condition, healthcare records, etc. With the help
  of Blockchain, all this data can be stored on the
  Blockchain platform. This information can be
  easily accessed from different places. Moreover,
  Blockchain offers complete safety and security of
  information.

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• Benefits that Blockchain will bring to the
  healthcare sector
• Doctors can access this information
  easily
• Data is safe
• Saves time

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• 3. Real Estate- When we talk about the
  implementation of Blockchain platforms across
  different sectors, then real estate is no
  different. You can use Blockchain to track the
  history of the property, title deeds, etc.
  Moreover, with Blockchain, you can expect to put
  a tab on the vulnerabilities of the real estate
  sector. With the help of smart contracts, we can
  expect easy sales and purchases. There are
  companies like Velox.RE that is planning to
  implement Blockchain in real-estate transactions.
  

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• Benefits that Blockchain will bring to the real
  estate sector
• Lesser cost
• Transparency in the system
• Automated payment
• Lesser or no fraud activity

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• 4. Digital Identification- When it comes to
  digital identification, then Blockchain can prove
  to be extremely beneficial. It can help in
  increasing the transparency of the system while
  maintaining complete security. Blockchain offers
  easy access to data without the probability of
  information getting tampered or hacked.

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• Benefits that Blockchain will bring in Digital
  Identification
• Enhanced privacy
• More control of the user on the
  information
• Unique IDs
• Lesser frauds

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• 5. Banking System- Although Blockchain is the new
  bloke when it comes to its most widespread uses,
  then banking and financial sectors have been
  using it. In fact, Blockchain brought with it a
  digital financial revolution. There are certain
  challenges when it comes to the conventional
  banking system, its slow, time-taking, and there
  are too many intermediaries. With Blockchain, the
  banking system can easily overcome all these
  problems.

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• Benefits that Blockchain will bring to the
  banking sector
• Lesser cost
• Faster payment settlement
• Data security
• Easy auditing

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• With the growing use of Blockchain technology
  across different business segments, it becomes
  important for companies to hire trained
  Blockchain expert and Blockchain developers.
  Whether you are a working professional or a
  fresher, Blockchain certification is going to be
  beneficial for you.

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• Choosing Blockchain Council
• Blockchain Council brings you this comprehensive
  Blockchain certification program. This has been
  developed as per the industrial standards, such
  that you can stand competitive once you complete
  this certification. As a part of this course, you
  will develop a complete understanding of
  Blockchain technology and its implementation.

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• Blockchain technology is going to be a
  cornerstone for new technological development,
  and if you are willing to make a career in this
  field, this is the right time to enroll for the
  Blockchain certification program.

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Blockchain Council Certifications

• You can check out our certifications, and kick
  start your career in the Blockchain space today.
• Certified Blockchain Expert
• Certified Blockchain Developer
• Certified Smart Contract Developer
• Certified Solidity Developer
• Certified Ethereum Developer

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