window._mfq = window._mfq || []; (function() { var mf = document.createElement("script"); mf.type = "text/javascript"; mf.async = true; mf.src = "//cdn.mouseflow.com/projects/0148bb62-7ff8-46ae-a466-bf3fd13c7d09.js"; document.getElementsByTagName("head")[0].appendChild(mf); })();
407-478-6600    Get SUPPORT

TaylorWorks Blog

Blockchain is for More Than Cryptocurrency

Blockchain is for More Than Cryptocurrency

If you’ve heard of blockchain recently, there’s a pretty good chance it was in reference to cryptocurrency. With Bitcoin reaching record levels in December, the idea of using blockchain technology to develop digital currency was on a lot of people’s minds. However, the blockchain has a variety of other practical uses.

Content Management
In a world with an increasingly global economy that relies more and more on digital communications, it can be difficult for a content creator of any kind to ensure that their ownership is being respected. After all, there is little that is easier than copying something that is found online and reproducing it without recognizing its creator, let alone reimbursing them.

Blockchain technology can soon help to change that. Many companies have been developing blockchain tools to help protect content creators and their copyrights. From ensuring that proper attribution is preserved in content, to simplifying payments, all the way to proving who created content in the first place, the blockchain will likely soon be a common way of protecting content creators’ intellectual property while allowing them to share out their content.

Healthcare
With so much sensitive, personally identifiable information being necessary in the healthcare field, the privacy afforded by blockchain technology is a natural fit. This is especially true by merit of blockchain’s utility as a concrete record.

As a result, patients may soon find that their personal medical history is more protected than ever, with the risk of any document being lost eliminated once it is incorporated into the blockchain. Any physician that was granted access could update a patient’s complete medical history, whether or not the patient was in-network, allowing for improved record-keeping and thereby better-informed care.

Audit Trails
The blockchain itself can be considered a database, albeit one that keeps a complete record of any changes made to its contents. As a result, it can serve as an excellent means of tracking audit trails.

Through the blockchain, the progress of work (or even the shipment of materials) can be mapped out and monitored. This way, if there is ever an issue or error made, it is easier to identify where and why things went wrong. In turn, it is then easier to resolve these issues. Furthermore, the data within the documents stored in the blockchain gives details on when, and by whom, the documents were added.

This is useful when an organization needs to keep a concrete record of their documentation and the actions they have taken.

Secure Voting
Regardless of your views on the prevalence of voter fraud and other such concerns, the idea of making the voting process more secure only makes sense. As you’ve probably guessed, the blockchain has the potential to do so. By preserving voting results in the blockchain, they are safe from any tampering, which means that the results can be trusted as reliable.

While cryptocurrency may be the most exciting part of blockchain technology, there are many more practical uses. What do you think? Let us know in the comments.

Lack of Security Training is Putting Businesses at...
CES 2018 Showcases Upcoming Technology
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Tuesday, November 13 2018
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Tag Cloud

Tip of the Week Security Technology Network Security Cloud Best Practices Managed IT Services Privacy Business Computing Data Backup Hackers Email Malware Data Data Recovery VoIP Hosted Solutions Outsourced IT Mobile Devices Innovation Google Tech Term Microsoft Backup Hardware Internet Business Continuity Internet of Things Software Cloud Computing Saving Money Communications IT Services User Tips BDR Ransomware Communication Small Business Efficiency Android Business Smartphones Cybersecurity IT Support Disaster Recovery Artificial Intelligence Applications Chrome Browser Cybercrime Productivity Workplace Tips Managed IT Services Network Computer Business Management Windows 10 Router Gadgets How To Law Enforcement Managed IT Data Protection BYOD Phishing Information Collaboration Windows Avoiding Downtime Business Intelligence Save Money Virtualization Computers IT Support Smartphone Mobile Device Management Server Data Security Money Two-factor Authentication IT Management Redundancy Passwords Alert Telephone Systems Blockchain Apps Vulnerability Mobility Document Management Productivity Analysis Training Social Engineering Compliance Identity Theft Office 365 Word Firewall App Miscellaneous Remote Monitoring Facebook Servers Upgrade Social Media Connectivity Spam Proactive IT Bandwidth Unified Threat Management Business Owner Networking Workers Education Bring Your Own Device Paperless Office Holiday Access Control IT Plan Voice over Internet Protocol Smart Tech Settings Windows 7 Keyboard Comparison Microsoft Office OneNote Mobile Device Budget Unsupported Software Work/Life Balance Data Storage Infrastructure Big Data VPN Managed Service Website Data Breach Employer-Employee Relationship Update Spam Blocking Credit Cards Solid State Drive Scam Flexibility Automation Virtual Assistant Password CES Sports Information Technology File Sharing Value Operating System Fraud Private Cloud Encryption Machine Learning Telephone System Data loss Mobile Computing Wi-Fi Content Management USB Line of Business Google Docs Gmail Addiction Windows 10s Search Engine Amazon Public Cloud IoT Password Management Leadership Cortana Theft Thought Leadership Netflix Printer Windows Server 2008 Telecommuting Augmented Reality Strategy YouTube Remote Computing Screen Mirroring Camera HBO Wireless Technology Professional Services Recovery MSP Recycling Cache SaaS Data Management Bing Sync Amazon Web Services Managed Service Provider NIST Cast Software as a Service Marketing Hacker Google Apps Streaming Media Cleaning Mouse Remote Work End of Support The Internet of Things Current Events Authentication Outlook Human Resources Students Tools Remote Worker Multi-Factor Security Health Office Tips eWaste Wireless Internet Audit Telephony Online Shopping PDF Insurance Cryptocurrency webinar Government Technology Tips Content Filter Computer Care Save Time Administrator Regulations Knowledge Fiber-Optic Nanotechnology Emails Patch Management Virtual Private Network Frequently Asked Questions Specifications HaaS Staff Healthcare Risk Management Business Technology Root Cause Analysis Users Wiring Software Tips Trending Criminal Wire Skype Evernote Google Drive Practices Safe Mode Conferencing Proactive Password Manager Storage Samsung Microchip Accountants HVAC Network Congestion Cables Charger Virtual Reality Project Management Excel Millennials Digital Signature Electronic Health Records Downtime Meetings Botnet Black Market Content Filtering GDPR Physical Security Lifestyle Wireless Computer Fan Start Menu Wireless Charging Hard Drives Hosted Computing Remote Monitoring and Maintenance Data Warehousing WiFi Business Mangement Hacking Flash Windows 10 Enterprise Content Management Electronic Medical Records IT Consultant Instant Messaging Unified Communications Devices Worker Commute Warranty Tip of the week Workforce Computing Infrastructure HIPAA Travel Battery E-Commerce Smart Office FENG Legal Entertainment Mobile Inventory Humor Lithium-ion battery Loyalty Automobile How to Benefits Internet Exlporer Regulation Rootkit User Error 5G Best Practice Tech Support Troubleshooting Safety Hybrid Cloud IBM Employer Employee Relationship Smart Technology Company Culture Scalability Emergency Printers Hiring/Firing Shadow IT Hosted Solution Competition Help Desk Customer Relationship Management Computer Accessories Quick Tips IP Address Fun Internet exploMicrosoft Managing Stress Two Factor Authentication Experience Vendor Management CrashOverride Files Assessment Content Customer Service Bluetooth Office Mobile Office Advertising Music Webinar Colocation Domains Politics History Television Audiobook Relocation Twitter Utility Computing Search Wearable Technology IT solutions Transportation Public Speaking Video Games Worker Books Presentation Techology Public Computer

Mobile? Grab this Article!

QR-Code dieser Seite