Aishley Smith

If you look back at the Evolution of Blockchain, you will find that the technology only came into the limelight because of its association with the groundbreaking element that Bitcoin is.

Bitcoin and Blockchain were the two terms that were used synonymously by a number of people around the world till even some years back. But in the past few years, as the world got clearer with what the technology is about, the space between Blockchain and Cryptocurrency has extended and several best use cases for Blockchain have emerged sans cryptocurrency.

And today, the non-cryptocurrency Blockchain has not just established itself as a technology that Bitcoin is just a subset of, it has also marked itself as the solution of the two problems that all businesses, across industries, unanimously face – Security and Lack of Transparency.

In this article, We are going to look into the top use cases for blockchain in different industries, along with some brands that are transforming the question – what is blockchain technology to what are the use cases for blockchain technology in business and life.

Let us briefly look back at how far the use cases for blockchain technology be tracked, how it is done by a blockchain development company and the route it has charted for itself in the blockchain evolution timeline graph.

Blockchain Technology Timeline

As you can see in the Blockchain Technology Timeline above, the tangent on which Blockchain is walking is an answer in itself to all the naysayers who doubted its worth and called it a hype that would soon die.

The direction in which Blockchain is headed in and the direction it started from is a sign of how far and fast the benefits of the disruptive technology have been accepted and added in a number of processes across a range of different industries, something that we have detailed in our handbook curated especially for businesspersons, called Entrepreneur’s Guide to Blockchain.

Benefits that come attached with the use cases for Blockchain technology have not gone unseen by the industry leaders. The discussions that were earlier focused on Bitcoins and Cryptocurrencies have now been fixated on to the Blockchain technology.

Learn more at: 

Blockchain Beyond Cryptocurrencies | Appinventiv

The use cases for Blockchain technology goes beyond fintech and other prominent cryptocurrency usages. Know the extent of Blockchain beyond cryptocurrencies.

https://appinventiv.com/blog/blockchain-beyond-cryptocurrencies/

IoT in healthcare has more benefits than one can imagine.

The application of IoT in healthcare can improve the way things work in the medical world. From improved machine control to virtual medical assistance, IoT use cases in healthcare is the future. It can save the lives of patients with a fast diagnosis of diseases as well as finding an apt cure for it. Even though IoT has challenges and limitations, it will not stop the technology from growing. The need for IoT in healthcare is huge and it can help the industry immensely. It can reach every patient from all over the world and connect doctors with patients. There is no denying that a best healthcare app development company can definitely make a huge impact and is only set to grow further.

The application of the technology has become so far-fetched that there is hardly a question on What is IoT or how it works.

Like every new piece of technology, it has both advantages and disadvantages associated with it. IoT in healthcare has its own challenges and limitations which can impede the usage of the technology. But going by the joint advancement efforts of skilled IoT app development company and healthcare application development company, it can be ensured that we are reaching a time when the solution will remain safe.

What are The Benefits of IoT in Healthcare?
IoT in healthcare is helping the way hospitals attend to the patients. While the rapid population growth is not helping to control the increased illness, old age, and other health issues, the introduction of IoT in healthcare may do it. IoT can also reduce the cost of medical treatment to a great low.

The Future Scope of IoT in Healthcare
IoT has a lot of potentials and it’s not only in healthcare. Many IoT healthcare companies are working on new ways to use this technology to help our medical world. According to the IoT healthcare market trends, the industry is expected to grow to $8.9 trillion in the year 2020.

Learn more at: 

Understanding the impact of IoT in healthcare

IoT is seeing great progress in the healthcare industry by providing solutions that are less time taking and less costly. Its set to see only success in the future.

https://appinventiv.com/blog/iot-in-healthcare/