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Where is Blockchain used?
The trend of using blockchain for data storage is on the rise. Blockchain can be used for many things like recording transactions, keeping records, and making sure data isn’t falsified. With the technology, you can now store highly sensitive information in a way that it can’t be changed or hacked into. It has the potential to change how companies keep records and carries out transactions.
The use of blockchain is now being implemented in a variety of industries, from healthcare to finance to media and entertainment. In the healthcare industry, it can be utilized as a solution for data security. In finance, it can be used as a method for transferring money securely and quickly. In the media and entertainment industry, blockchains can be used to protect content from piracy and illegal consumption.
Blockchain is used across many industries where transparency, security, and trust are important. In finance, it powers cryptocurrencies like Bitcoin and enables fast, low-cost cross-border payments and settlements. In supply chains, blockchain tracks goods from origin to delivery, reducing fraud and improving traceability. Healthcare systems use it to securely store and share patient records while maintaining privacy. Governments explore blockchain for digital identity systems, land registries, and voting to reduce manipulation. In business, smart contracts on platforms such as Ethereum automate agreements without intermediaries. Blockchain is also used in gaming, NFTs, and intellectual property protection. Overall, it is most valuable wherever data integrity, decentralisation, and accountability matter.

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