Infographic: 16 blockchain disruptions to businesses from music to government

April 10, 2018 10:05 am


Blockchain technology is probably one of the most impactful discoveries in the recent history.

After all, it has a massive potential to change how we handle online transactions.

Despite some skeptics, the majority of experts agree that blockchain has the potential to disrupt the banking and financial industry, and many other ones!

But what is this technology exactly?

We at BitFortune.net will try to explain that in layman’s terms, as well as provide you with insights into how different industries can benefit from blockchain.

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To put it simply, blockchain enables decentralized transactions across a P2P network.

There is no need for a middleman, resulting in almost instantaneous operations and most importantly, low fees.

Plus, transactions carried out through a blockchain are much more secure, transparent, and private.

As mentioned earlier, different industries will have different benefits from implementing blockchain technology, and that is what this infographic is all about.

For example, the banking sector will get faster transactions, lower costs, improved security, and better record keeping.

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Also, the blockchain technology can improve electronic voting systems.

With this technology integrated into a voting system, governments won’t be able to tamper with votes because blockchain creates publicly viewable and singed transaction that can’t be changed or rewritten.

This infographic will help you understand how the blockchain technology can and will improve 16 different industries, from music to government.

So, read on and find out what their future will look like.

Read: Mine Crypto in Bahrain and lose big, mine in Saudi and double your money

Visit bitfortune.net .Click on infographic below and expand view or visit: https://bitfortune.net/blockchain-disruptions-infographic/

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Hadi Khatib
By Hadi Khatib
Hadi Khatib is a business editor with more than 15 years' experience delivering news and copy of relevance to a wide range of audiences. If newsworthy and actionable, you will find this editor interested in hearing about your sector developments and writing about it.



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