Blocklogy – Blockchain Courses with details

blockchain

Blocklogy is an educational mobile application which has been developed by KMPARDS Edutech. It is the vision of the entity to educate the students of all age groups on the subject of blockchain. The app consists of diverse topics related to various Blockchains and their applications. It would be upgraded time to time as committed by KMPARDS. It will make the students think out of box. The application has been designed in such an interactive manner that a student learning Blockchain through this app would start thinking of its implementation.

The Blocklogy Modules have been designed keeping the student’s section in mind and it is composed in different classes and levels. It consists of 3 different modules.

There are five Classes in the Basic module and each class have different levels. Along with this, there are quiz, test, practical sessions and Final test.

In the Intermediate module the students get the opportunity of gaining experience in IOT based blockchain experiment using Raspberry Pi, programming, using GETH, setting up node in testnet etc.

The last one is the EXPERT module which is subdivided into three parts. First part offers conceptual knowledge regarding COSMOS, Polkadot, Block Collider, blockchain privacy mechanism, Quorum, DAPP and much more.

The second part of the expert module consists of practical sessions and focus is kept on experience in public blockchain.

The 3rd and the final part will have private blockchain including Web3.js, writing smart contracts, ZSL contracts etc. A final test would be conducted before starting any new module. The student would be awarded a certificate after the completion of every final test. These learnings would provide the students an edge over the others and if the learning has been done through the Blocklogy eLearning Mobile App, it is always easy and user-friendly.

The following courses are offered by the Blocklogy platform –

Basic – (White Belt)

Networks & its Types, Basic Cryptography, Centralized System, Decentralized System, The Keywords In Blockchain, The History Of Blockchain, Types Of Blockchain & Use Cases, Blockchain Working, Blockchain Ecosystem, Consensus In Blockchain, Blockchain Database Vs Other Databases

Fees – ₹ 70*

Basic – (Yellow Belt)

Cryptocurrency & Different Types of it, Cryptoeconomics, How Bitcoin System Works, Ethereum Blockchain, Difference Between Eth And Btc Blockchain, The Trading System, Standard Transactions, Mining And Miners, Mining Pools, Mining Algorithm, Merkle Tree

Fees – ₹ 140*

Basic – (Orange Belt)

Wallets And Its Types, Wallets Derivations, Security Related Wallets And Exchange, What Are Ripple And Corda, What Is Metamask, Byzantine Fault Tolerance, What Is  a Hyperledger, Ethereum Wallets And Clients, Geth Mining In Ethereum, Introduction To Blockchain Programming

Fees – ₹ 210*

Basic – (Green Belt)

Explaining Solidity, Programming Basics of Solidity, Evm In Relation With Smart Contracts, Evm And Gas Price, Explain Smart Contracts, Running Smart Contracts In Remix, Debugging Smart Contracts In Remix, Deploy And Debug Smart Contract With Truffle, Smart Contracts In Ethereum Blockchain, Use Of Smart Contract In Real World And Testing Tools, Writing Smart Contracts, Small Project And Deploying On Blockchain

Fees – ₹ 280*

Basic – (Blue Belt)

What Are Tokens, Difference Between Coin And Token, Erc Standards, Initial Coin Offering, Building an Ico Smart Contract, Developing A Erc20 Token On Ethereum Platform, Basics Of Erc 721, Build Erc-721 Token And Deploying It To Test Network, Crowdfunding Smart Contracts, How To Raise Funds Via Ico, Class End Project

Fees – ₹ 350*

Intermediate – (Brown Belt)

Forking, Bitcoin Installation And Node Setup, Setting Up Source Code And Bitcoin.Conf, Setting Up Node In Testnet, Bitcoin Programming And Bitcoin Cli, GETH and ETH, Improvement Protocols , JsonRpcApi From Command Line , Hyperledger Fabric, iot Blockchain Experiment

Fees – ₹ 700*

Expert Concepts (Part-1) – Red Belt

DAPP , DLTS , DAOS, Blockchain Data Structures: Transaction Model, Accounts Model, Public Blockchain : Ipfs, Eos, Stellar, Ripple, Dash, Monero, Zcash, Bitcoin, Private Blockchain : Quorum,R3 Corda, Bigchaindb, Private Blockchain Use Cases : Health, Insurance, Education, Government, Supply Cain Ans So On, Blockchain Privacy Mechanisms: Zcash’sZsl, Monero’sRingct, Dash’s Privatesend, Proxy Re-Encryption, Homographic Encryption, BytecoinCryptnote, Hyperledger Fabric’s Channel And Private State, Quorum Private Transactions, The Blockchain Interoperability: Single Custodian, Multi-Signature Federation, Sidechain/Relays And Hash Locking Oracles: OraclizeAndChainlink Interoperable Blockchains: Cosmos, Polkadot, Block Collider

Fees – ₹ 770*

Expert Developments (Part-2 A) – Black Belt

Ethereum: Public Blockchain, Go-Ethereum Client, Ethereum Accounts, Transactions, Nonce, Forking, Gas, Peer Discovery, Proof Of Work And Clique Consensus Protocols KovanTestnet Vs Mainnet, Whisper And Swarm, Writing Smart Contract Using Solidity(Structure Of Smart Contracts, Data Location, Data Types, Control Structures, Exceptions, Internal And External Calls, Libraries, Ether Units), Writing Upgradable Smart Contracts, Web3.Js And Ethereum.Js Libraries, Truffle Development Framework

Fees – ₹ 1050*

Expert Developments (Part-2 B) – Ninja

Quorum: Private Blockchain, Raft And Ibft Consensus Protocol, Setting Up Private Network Using Raft Protocol, Setting Up Byzantine Fault Tolerance Using Ibft Protocol, Setting Up   J.P. Morgan’s Constellation, Tessera, Executing Private Transactions And Creating Private Contracts, Peer And Network Permissioning, Zsl Contracts Utilities: Quorum Network Manager, Quorum Maker, Quorum Genesis, Quorum Tools.

Fees – ₹ 1050*

For more details @ https://www.blocklogy.org/

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Blockchain Technology – Why is it important? How to Learn it?

blockchain

Blockchain is a revolutionary technology, better than anything we have seen in the last decade or so. It is a Financial technology, which can facilitate truly peer-to-peer transactions by removing the concept (or need) of the trust.

Blockchain technology is how peer to peer or direct trades can be performed without the need of a third-party like banks to confirm each transaction. Blockchain Smart Contracts are digital contracts which automatically validate and process each transaction based on the underlying conditions or factors. Moreover, each blockchain transaction is secured by features like decentralization, immutability and transparency.

Still wondering why blockchain technology is important for the future? Find the answer below.

Why is Blockchain technology important?

Here are some possible and/or in-practices use cases which can be made better or more innovative through the blockchain technology.

“By the end of 2017, more than 300 million transactions were processed through blockchain technology.”

Blockchain can make e-voting more transparent.

It can be used for holding sensitive information such as medical records and identity data.

It can be used for securely storing and transacting digital records of physical items.

Blockchain can significantly decrease the cost of global, p2p transactions.

This technology can make digital transactions more secure and reliable.

According to a Quartz report, banks are spending on blockchain tech in the range of $300-$400 million a year.

In short, blockchain can be used in almost every industry where security, transparency and immutability of data are important.

Why should students start learning blockchain now?

Now, an obvious question that comes to mind is – how can blockchain technology help you build a better career? If you take a look at the job market, you’ll see that the demand for blockchain jobs and professionals is already on an all-time rise. In fact, top job websites such as Linkedin and Upwork are already reporting a high demand of blockchain-based skills. So, if you have been looking for a nice and in-demand skill to add to your portfolio, you should give blockchain a serious consideration. Here are some facts and statistics to support these views.

According to a leading website, demand for freelance blockchain developers grew by roughly 6000% between 2017 to 2018.

Blockchain expertise is among the top skills listed by freelance website Upwork for 2018.

Blockchain is also the fastest growing skill in Upwork’s index of over 5,000 skills.

More than 6,000 full-time blockchain-based jobs were posted on different job websites in the last year alone.

So, these stats should clear any doubt you may have about the demand of blockchain skills. As for why we should start blockchain education at the school level, here’s the answer.

Blockchain is a very vast area, a skill that requires both practical and theoretical knowledge. If you start learning blockchain now, it will easily take a few years for you to become acquainted or an expert in this technology. This is why it is better that blockchain is taught to students from the schooling level so that they can grow to become blockchain experts.

How to learn Blockchain Technology (Concepts & Programming)

One of the best ways to learn blockchain is with Blocklogy, an app committed to making the education of latest technologies affordable for everyone.

Blocklogy is a mobile application based e-learning platform founded by KMPARDS, an Edutech organization, which aims to provide an easy, interactive and affordable blockchain learning experience to people of all ages.

Blocklogy provides blockchain education through interactive content, including puzzles, quizzes and videos to help students and professionals learn the various concepts of this amazing technology as per their respective level of understanding. The blockchain courses by Blocklogy have been categorised into 3 modules – Basic, Intermediate, and Expert –  each containing separate classes followed by certification tests.

Among the many benefits of Blocklogy app, some are:

Easy and interactive learning

Affordable

Certificate of completion

Compatible for all age groups

Learn at your own convenience and availability

Get rewarded for your activities

Live sessions

Games and other activities

Blocklogy will soon start partnering with schools to make affordable and best blockchain education accessible to students around the globe.

For more details: http://www.blocklogy.org/
Download: https://play.google.com/store/apps/details?id=com.blocklogy.appp

What is the Role of Blockchain in Education?

As the blockchain is increasingly being used as the next generation solution to the problems of various industries, many organization are working on its possible application for the growth and betterment of the education sector. But the question that whether the blockchain technology has any significant role in education remains to be answered. So, let’s discuss that.

Gone are the days when blockchain was known only because of its association with Digital Assets. These days, Digital Assets is just one of the many possible uses of this amazing technology. In fact, blockchain can be used virtually anywhere where security and transparency in digital transactions are a concern. This is why we are seeing an increasing number of blockchain-based applications in a wide range of industries. So, what does it mean for the education sector? Let’s find out.

Blockchain For Education

Education, like any other industry, can benefit from the blockchain in many ways. Some possible uses include student identity storage and verification, digital exams and certifications, digital storage and transfer of students and school records, digital portfolio, etc.

There are one or two startups working on the concept of a blockchain based portfolio of students and professionals. The professional records, data, certificates, projects, etc. of a person can be stored on a public, decentralized network which will be accessible to everyone who has been authorised for it. This will make it easier to share or verify such data. The concept is applicable in the education as well as the job market.

The importance of blockchain in the education and career sector can be understood by the fact that the number of blockchain jobs is only increasing with each year. Also, the demand and pay of blockchain experts are also increasing in the market. This is an indication that people are adopting the blockchain technology and want more and better solutions based on it.

There are also some organizations working on blockchain education and learning platforms. Blocklogy is one of these. It is a mobile app based e-learning platform for advanced technologies like blockchain. Whether you are looking to learn casually about the blockchain technology or want to become an expert in it, Blocklogy can help you along. The platform has multiple types of blockchain content in the form of text, videos and audio-visual content matter, which have been divided into nine different levels for blockchain education at the beginner, intermediate and expert levels. The best advantage is it’s user-friendly and highly affordable learning system which enables everyone, from students to professionals, to get credible blockchain education along with blockchain created certifications without spending much.

Download: https://play.google.com/store/apps/details?id=com.blocklogy.appp

Visit: http://www.blocklogy.org/

Blocklogy eLearning platform for Blockchain Education: Making credentials Secure, Safe and Accountable

blockchain education

As the Blockchain wave sweeps across industries, the education industry too will have its fair share of changes. Primary among these will be a more secure digital framework for keeping your certificates, documents secure as well as increased efficiency in operations like timely submission of the assignment, peer to peer sharing of consensus verified educational bio with potential recruiters etc.

The blockchain is a  design framework first and technology next. Underlying the blockchain is a distributed system for peer to peer sharing of verified and incorruptible data or information pertaining to anything of value.  All locked-in data part of a blockchain can be accessed remotely using a cryptographically secured pair of private-public keys.

While the initial days witnessed the prowess of Blockchain being applied to trigger alternate means of more secure, fair and transparent transactions free of any middle-men or central authority, today the technology is being seen as an answer to some of the problems that have long plagued centralized database systems. Here are a few points from a recent European Commision report that highlights the ways in which Blockchain solutions may be introduced into education.

Blockchain may be used to eliminate traditional methods of distribution physical certificates to accredited qualifications. This can be easily replaced by a more secure and efficient digital avatar called blocks. Blocks are nothing but crypto-secured information part of a blockchain. All information is part of the distributed shared ledger and access is limited to the individual.

A couple of institutions have already started working towards this end. The frontrunner is, of course, Massachusetts Institute of Technology (MIT)  which would be transferring blockchain based digital certificates to its 100 graduates this year. This move is seen to empower students to be in charge of their own credentials. The students will have complete ownership over who sees the certificates.

In addition to MIT, Sony is also partnering with IBM to offer a blockchain service for secure sharing of credentials between students and employers, organization as well as government authorities. The information will cover a range of data starting with course undertaken by the university, the optional courses, the term results as well as the credentials and certificates achieved during the term of the course.

These are still baby-steps for Blockchain in Education sphere. Another equally important initiative is Blockclogy. Blockology is one of the sub-apps of the blockchain powered Era Swap Ecosystem.  Blockology is an educational mobile application with a vision for educating the current generation of students about the benefits and use of blockchain. Using the app, students can learn and implement Blockchain solution for the real-world scenario as well as explore better career opportunities in the future.

Blocklogy is a great example of an e-learning app for blockchain and other futuristic technologies. The app is available for Android and will be launched in iOS (coming soon) platforms. It contains courses in blockchain technology from beginner to expert level. So, anyone can learn blockchain technology along with its practical applications and development to make a career in it. Blocklogy was developed by KMPARDS with the aim to make the youth expert in top technologies like blockchain to build strong career on it.

Download: https://play.google.com/store/apps/details?id=com.blocklogy.appp
Visit: http://www.blocklogy.org/

Why is blockchain growing at a rapid rate?

Blockchain, which was originated in 2008 as the backbone of Bitcoin, is now growing at a rate faster than the internet itself. In fact, many people are now actively considering blockchain as one of the most promising new technologies of our time. So, what is so special about blockchain that makes it such a great technology and adds to its rapid growth? Let’s find out.

Blockchain was invented as technology to support the development of digital assets. Its standard features included decentralization, fast speed of transactions, security and anonymity. Thanks to these features, blockchain has now become a technology the uses of which go beyond the digital asset world.

Even though digital assets are becoming mainstream very fast, many experts believe that blockchain as technology will become more significant in the long term. Wondering why?

Well, the main reason behind the popularity and growth of blockchain is a number of applications, based on this technology, that have already become successful in their respective fields. The interesting thing is that blockchain, which was originally meant for faster digital transactions, is now being used in a wide range of applications which even differ from the original digital asset concept. In fact, the continuous evolution in this field has proved that bitcoin was just one application of the blockchain technology, which has a much bigger future.

There are a number of organizations, including startups, around the world that are working on developing or have successfully developed blockchain based decentralized applications (DApps), platforms and ecosystems. One of the best examples of the growth of blockchain technology and its applications for the benefit of the actual world is Era Swap Ecosystem. Let’s try to understand the growth of blockchain with the example of Era Swap.

Era Swap is a blockchain powered ecosystem that consists of a number of platforms designed to perform various tasks in the ecosystem. For instance, there is the Time Swapper Platform which is a p2p marketplace for traders to exchange various services in the form of tokenized time. The benefit is that there is no middleman so a service provider can be assured of the maximum value for their time. There are various other applications, such as Era Swap Wallet for storing and trading digital assets, ComputeEx – a one-in-all global crypto exchange, and the TimeAlly Smart Contract for controlling the demand and supply of the Era Swap Token (EST).

The Era Swap project is already getting a huge buzz in the industry, thanks to its multi-vertical solutions along with highly-secure trading. This is just one example of how the blockchain technology is contributing to change the face of the future for good.

Download: https://play.google.com/store/apps/details?id=com.blocklogy.appp

Visit: http://www.blocklogy.org/

How to determine the security of blockchain technology?

blockchain programming

The blockchain is globally considered as one of the most secure ways for storing and transferring digital information but how do you determine the security of blockchain or find out whether it is secure enough for your systems? Let’s discuss.

The security of Blockchain lies in its ability to ensure transparent, immutable and tamper-proof transactions. This is managed by the various characteristics of blockchain, such as Decentralization, Cryptography and Consensus. So, the security aspect of a blockchain can only be understood in the terms of these features.

Decentralization – A single distributed ledger of transactions

Traditional ways to store and transact information are mostly centralized. Such a system maintains a single centralized copy of the transactions performed through the system. Since the entire system is in control of a single entity, there is a high probability of fraud in transactions as the centralized copy is easy to access and modify. Also, informing all the users of the network about every change or update is a time-consuming and costly matter.

Blockchain provides a solution in terms of a decentralized network where a copy of the same information is distributed among all users of the network. Each new transaction or change is verified by the network before it is added to a new block in the chain. The benefit is that even though the transactions are public, they are not easily mutable. In order to update a transaction, each copy of the ledger with each node must be updated simultaneously. Therefore, each node/user would know about every change and can immediately spot a fraud transaction or error.

Cryptography – Complex algorithms to divert attacks

We all are familiar with the term cryptography. It involves mathematical algorithms designed to identify and prevent attacks. So, what’s so great about blockchain cryptography?

You might be wondering by now that how the information and data in a blockchain are protected against threats like cyber attacks. This is where cryptography comes in. Data on a blockchain are protected through complex crypto algorithms. Each new transaction in the network is hashed, or in other terms, masked to hide its original identity. This is done via a predefined cryptography algorithm which converts the input value in a totally random string of a fixed length. This is then added to the blockchain.

In order to access hashed data, the user will require the public-private key combination that was used to encrypte that information. The private key of each user is also encrypted into a public key which is visible to other users who want to send/receive data with that user.

The great thing about cryptography is that the information once encrypted or hashed cannot be reverse engineered. This is how information is protected on a blockchain.

A perfect example of a blockchain-based secure marketplace ecosystem is Era Swap Ecosystem, which employs very secure hybrid blockchain to protect user transactions on the platform. It utilizes the Ethereum (ERC20) blockchain to manage public transactions and the hyperledger/Quorum blockchain for internal transactions. The benefit is that all the transactions on the Era Swap blockchain are completely secure, protected and transparent.

Visit: http://www.blocklogy.org/Download: https://play.google.com/store/apps/details?id=com.blocklogy.appp

How blockchain can improve the education sector?

Blockchain is a modern technology for digital transactions accessible worldwide. In the coming future, it looks like to play a vital role not only in the global economy but also in every individual’s life. As per an estimate from the World Economic Forum (2015), the blockchain technologies will contribute at least 10 percent of the world’s GDP (USD 100 trillion) and 5 per cent will be managed via digital assets.

Simply, a blockchain is a book of records (or units of value) shared among a community. Every member in the community has the ease of maintaining his/her copy of the information, which is kept as a set of transactions (a currency or other unit), contracts (agreements to move assets, funds, or information) or anything in a digital form. Any sorts of alteration or addition made to this shared copy are added as a new “block” at the end of a “chain”.

How can blockchain change the face of education?

Blockchain technology, for your information, is a chain of endless records and does not allow deleting of records. It is highly secure with immutability.

In education, it can be used to store endless records of students, as their attendance, courses, grades, payment toward tuition, coursework and much more. With blockchain, not only the school but also the students can have an eye on their records and transactions. If any record has been saved once, no participant can make alterations. For any error in records, a new record will be added to rectify it and both the incorrect and correct records will be visible to participants.

The blockchain benefits through an open implementation of the technology as computer software. The copyright holder of the software has the rights of assigning permissions and responsibilities to others.

The blockchain-based technology organizations in education will be networks of educational organizations finding new ways of educating and informing their students.

Blocklogy developed by KMPARDS is one such innovative step in the direction of making blockchain education much more accessible to the masses. It is an e-learning app that enables anyone to join and learn through formal blockchain courses and become an expert in it.

Visit: http://www.blocklogy.org/
Download: https://play.google.com/store/apps/details?id=com.blocklogy.appp

Understand Blockchain Ecosystem with Real World Examples

Blockchain course

Blockchain as technology is getting popular at a faster pace than any other comparative counterparts. People as well as businesses around the world are beginning to understand the value of blockchain technology as a potential solution to the world’s problems. There are even many organizations working on developing blockchain-based applications and ecosystems to solve these problems.

However, in order to be able to develop comprehensive blockchain solutions, it is crucial that we understand the working of the blockchain as an ecosystem. There are some good examples in different industries ranging from digital payments & wallets to identify systems to enterprise solution that make use of the blockchain technology.

Blockchain Use Cases

Transaction & Payment Solutions: Many startups including Abra (Digital wallet), Coinify (blockchain transactions), Ethereum (Smart contracts), BitPesa (Global payments), etc are working on blockchain-based solutions related to buying, selling and transacting in digital assets.

Exchanges & Trading: Some of the top platforms for these kinds of services are Augur (Prediction markets), Rare Bits (Marketplaces), ShapeShift (crypto exchange), Bitbond (P2P lending), etc.

Identity Security & Verification: Blockchain is a technology for secure and immutable transactions. Many decentralized apps are out there that use this feature to provide services like data storage, secure, identity verification and more. Top examples include ShoCard (Digital identity) and SafeChain (security).

Other than these use cases, there are many enterprise blockchain solutions being developed to solve the problems of industries such as finance, insurance, supply chain, healthcare and advertising.

However, the best use case for the blockchain technology would be an ecosystem that utilizes all its features while providing a range of solutions to the world. EraSwap is one of the examples of such systems.

Era Swap is a blockchain-based ecosystem which incorporates multiple applications (or platforms) which are interlinked with each other. The major components of Era Swap Ecosystem are – Time Swappers, Era Swap Wallet, ComputerEx, Blocklogy, and TimeAlly. Each of these applications solves a particular issue to help grow the overall system.

Now, one might wonder why so many apps are needed in a single ecosystem. Like I said, each of these apps solves a particular issue.

Time Swappers is a P2P marketplace for the exchange of tokenized time. Freelancers can use this platform to connect with clients and sell their time in exchange for value-based tokens. Era Swap Wallet provides a secure and strong payment mechanism based on Era Swap Tokens (EST), the native digital asset of the Era Swap ecosystem. ComputerEx is a digital exchange that allows in-wallet swapping of digital assets like tokens. TimeAlly is a smart contract designed with the purpose to minimize the volatility of EST by controlling the demand and supply of the tokens.

As you can see, each application in the Era Swap ecosystem has its own role which adds to the growth and success of the overall system.

For more details: http://www.blocklogy.org/

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Why are students looking Blockchain as a new career option?

blockchain

Summary: According to research, the blockchain industry is expected to reach $20 billion globally by 2024. Blocklogy is a mobile app based e-learning platform that provides blockchain courses with certification to students around the globe.

Blockchain as technology is registering its mark on the world. There are basically two types of people whom this technology is greatly affecting – service providers and service users. Whereas service providers like businesses and programmers are eagerly working on developing new blockchain based solutions, service users like consumers are demanding for new and better applications based on this technology.

In other words, Blockchain is now being treated as one of the most potential technologies for the world. Another major impact of blockchain is being seen in the job market, where the demand for expert blockchain programmers, developers and marketers is continuously increasing.

According to research, the blockchain industry is expected to reach $20 billion globally by 2024. That means the demand and use of blockchain-based solutions are only going to increase over time.

So, why not start learning the blockchain technology now to be able to make a strong foundation for the future? With this aim, KMPARDS has developed a blockchain-powered platform, called Blocklogy, for students to learn this futuristic technology in the easiest and most affordable manner by enrolling in the formal blockchain courses and certification program. All the features and functionalities of Blocklogy can be accessed via a user-friendly mobile app.

Blocklogy also aims to enable schools and educational institutions around the world to teach this amazing technology to their students by integrating blockchain courses into their curriculum.

Here are some facts that emphasize the importance of blockchain learning as a new career option:

A research study by a leading website confirms that University students are showing interest in learning about digital assets and blockchain technology. According to a different website, the number of blockchain related jobs increased by 207% between 2016 and 2017, which is 631% growth from 2015. An average blockchain expert charges anywhere between $30 to $500 for his services as a freelancer. Imagine how much they can earn by learning more blockchain skills and formal courses.

Blocklogy by KMPARDS intends offer affordable education and skill development in the blockchain job market by creating many more skilled individuals who can develop advanced blockchain programs and apps as per the demand.

For More Details: http://www.blocklogy.org/
Download: https://play.google.com/store/apps/details?id=com.blocklogy.appp

How is blockchain beneficial for masses?

blockchain

With Bitcoins and blockchain being two of the most talked about segment in the technology world, it is not a surprise if you find yourself attracted to this sector. In fact, it would be the most natural thing to do, given that blockchain is now being treated as a prominent technology for the future.

When we talk about blockchain application, the first thing that comes to our minds is what are the real-world uses of this technology, or if it has one. The good news is that blockchain is much more than just a platform for cryptocurrency to operate.

In the most basic terms, the blockchain is a technology that provides a way for performing secure and transparent transactions involving digital assets like cryptocurrencies. In technical terms, it is a decentralized, distributed public ledger that verifies and stores all the transactions that pass through it. As a technology, the blockchain has immense applications in every sector which involves a digital transfer of valuable assets and/or information.

The problem with cryptocurrencies like Bitcoin is that they are highly volatile in nature. This limits their general uses by a large audience. However, the underlying technology, blockchain, is not limited by any such issues. It has the power to be used in relevant applications in a wide range of industries. Following are some of the most significant benefits of blockchain for businesses in a variety of sectors:

Supply Chain

The major problems of the supply chain industry include lack of transparency and high cost. Blockchain can effectively deal with these issues by providing a secure way of tracking the movement of supplies while reducing the cost of communication and transaction.

Accounting and Record-keeping

Security remains a big concern with online storage of records and any type of digital files. Blockchain provides a secure way for not only storing but also transferring such records without any human intervention and less chances of error.

Voting

Voting is one of the areas which are seeing active use of blockchain-based applications. Even some of the governments have started experimenting with this technology for conducting completely electronic and fraud-free elections.

Freelancing

Freelancing is one of the fastest growing industries around the globe. The freelancers’ problems of finding reliable and cost-effective platforms for work can be resolved by the blockchain technology. EraSwap is one such project which involves building a blockchain-based platform to allow freelancers to provide services directly to potential clients, eliminating the middleman, reducing the cost and increasing the transparency.

Healthcare

The healthcare sector can also benefit a lot in terms of decentralized public access to records and data of medical care, hospitals and doctors which will enable patients to get the right care at a right time and in their budget.

There are many other industries, such as quality assurance, banking & finance, stock exchange, digital identity and energy supply, which can benefit immensely by the applications based on the blockchain technology. The attempts to improve the blockchain technology to make it suitable for general uses and worldwide applications are ongoing, and it won’t be long before we will see many more such applications out there.

Visit our website: http://www.blocklogy.org/Download: https://play.google.com/store/apps/details…