5 Ways Blockchain turn a simple man's life

With all the media information on cryptocurrency prices may wonder, how does this affect the average person. Right at the heart of cryptocurrency and other digital currencies – Blockchain technology.

There are a variety of production and management problems that technology can solve for the common man. You have a small business, but often feel the transparency of traditional methods of communication? Have you ever received a higher than usual, medical bills? As a business owner, or & # 39 is a legitimate candidate for a hassle for you? These problems affect businesses, startups, small businesses, individuals and Blockchain technologies strive to offer solutions in order to make the lives of ordinary people greatly simplified by simplistic solutions.

banking

Banking activity in almost all countries is still very focused on the paper operations of any transfer of money, record keeping or other contingency trade functions. Blockchain technology can repeat it in a digital format and to create a decentralized book that allows you to not only bankers, but also customers to access a single source of information. This system allows banks to eliminate the chances of fraud, as documentation and proof of ownership of the assets may be tested in numerical order, bankers Blockchain ledger to which you can access at any time in an unchanged format.

Identity theft is also a & # 39 is a major problem in the banking sector. information is stolen and used to open fraudulent accounts for illegal activities. According to the Internet database of complaints to the Federal Trade Commission, there were more than 13 million complaints of fraud and theft of identity cards, but only 3 million of these complaints were filed in 2016. Through blockchain system customers can view all the accounts that belong under their name, and immediately report it to the bank when they noticed some suspicious activity in their bank details. Some known examples include Hyperledger Fabric project which is supported by IBM, and UBS Settlement Coin from UBS.

health

Blockchain technology can be an incredible way to simplify aid and make the management of medical data much simpler. report widely available to patients may allow much more convenient to carry out research on drug development, as well as reduce the impact of drug counterfeiting. Clinical trials and their results can be accessed in a decentralized network that allows professionals and health researchers to conduct research and find solutions for better health. Accenture – one of the largest companies, which began to offer innovative solutions in the field of health care in the field of health care for safe and bezmashtabnyh transactions.

Medicare fraud can also be destroyed due account management blockchain, since the system of billing can be automated completely, without any middlemen who commit fraud. Since 2017 more than 56 million people are engaged in Medicare now, more than 1.3 billion dollars have been disrupted due to the government by fraud rehabilitation facilities and health services. blockchain systems can effectively protect citizens seeking care in health care workers who are overpaid for services rendered as a result of fraudulent billing practices. Centralized data not only help health workers in the treatment, based on the history of the patient and his family & # 39; and, but also eliminates the patient's chances of incorrect recall past symptoms and disorders.

public records

One of the most important functions of civilian government control – to record all the information about its citizens. This includes information about individuals and businesses in terms of their assets and activities. Most of the recorded information recorded in the paper database, which makes data management very difficult even in developed countries.

Systems based on blockchain, such as Ubitiquity, can encode all public records in the digital book to avoid change of citizens' complaints information as a result of fraudulent activity. Identity theft – a problem with which the administration can be very complex, and alichbavanne all public information to make its protection can help to prevent similar cases of criminal activity.

vote

One of the biggest limitations of the voting system in almost every country lies in the fact that even today, voters need to be physically present at the booths to vote to cast their vote, and this can complicate the people who need to travel in the days of the survey. More importantly, there are no means to verify the results of the survey for the ordinary citizen.

to develop the company blokcheyn such as Followmyvote, offer solutions, which tend to make the vote on the Internet a reality. This will allow citizens to view accurate information on calculation and the results of surveys and various other statistics. It also leads to a more secure voting for citizens of countries that are in the internal or external conflict, criminal activities, which forces citizens to vote for specific candidates, can be completely avoided.

Rental business

Businesses of all sizes are hard to find the right staff. Due blockchain technology, businesses can check the credentials of the candidates through the digital database. Blockchain-technology can be used to create a decentralized database of professionals with proven expertise in the Security Handbook, which may apply to the company for employment candidates. Learning Machine – is a New York-based company that aims to solve this problem and focused on the information recording checks on workers.

Tax or employment-related fraud account for 34% of all identity thefts for 2016 and blockchain system makes the process of hiring any business is much safer, because the company will have access only to these candidates, reducing the risk of fraudulent hiring employees. . It also helps applicants by speeding up the recruitment process and helping to find work for which they are entitled, and have a process grant applications.

Using blockchain technology helps people and businesses, and also protects personal information, making important data available to the public. While blockchain has the best application in cryptocurrency, its use can be extended to other sectors, as well as provide significant solutions for citizens worldwide.