When developing payment platforms.
To summarize: everything relat to money is a potential field for the application of blockchain technology, since such useful properties of this technology as the ability to guarantee the uniqueness of history and verification of the relevance of the enter data are most in demand there.
When implementing crowdfunding in all its manifestations .Crowdfunding is a mass collection of investment or crit funds from unrelat (i.e. independent) participants. However, money never given for free, and each participant expects to receive compensation from their investments. And this creates the ne for accounting and control. In the case of a large number of people involv in crowdfunding, administering the procure simply becomes a difficult and expensive undertaking. Blockchain allows such accounting to made automatic, which makes the procure itself a purely technical element.
When maintaining the legal history of property relations
The maintenance of registries, registers and other property databases can also be protect by blockchain technology.
For developing implementing asia mobile number list crowdfunding countries, where the culture of relations with private property has not yet been sufficiently form, the use of this technology allows one to immiately get rid of the scourge of the modern era in the sphere of property relations – a black raid (when, without notifying the owner, the name is rewritten in the register, and he is no longer the owner with all the ensuing consequences).
When carrying out any type of administration
where it is extremely important to maintain the relevance of historical data.
This could be a implementing crowdfunding simple mical record (where the database protect by the blockchain is the iterations in treatment and the adb directory recording of the condition of an outpatient). Conducting in-depth scientific research also requires protection, which the blockchain can provide. (Here the database can consist of events and experimental results). In general, wherever there are requirements for the uniqueness of all previously achiev indicators, the road to the use of the blockchain is open.
Conclusion
Blockchain – what is it in 5 types of content to post on social media remotely for several hours a week or on weekends. simple words or you can even formulate what is blockchain in simple words for dummies – it is a system that allows you to eliminate the entry of data “retroactively”, due to which many types of errors and fraud become impossible.