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5 Industries the Blockchain will disrupt! Part 1 by spacebird89

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· @spacebird89 · (edited)
$3.37
5 Industries the Blockchain will disrupt! Part 1
![Screen Shot 2017-12-04 at 9.40.14 PM.png](https://steemitimages.com/DQmZ35e28Chrp4JWHKvnrV7EMwXE4DkQZQQQ6N1zVDuyncV/Screen%20Shot%202017-12-04%20at%209.40.14%20PM.png)
5 Industries Blockchain technology will disrupt in the near future. 
<h1>Banking & Payments</h1> <li>IBM predicts that about 50% of banks will be using the blockchain by the end of 2017</li><li>Tech like bitcoins allows anyone to send money with low fees. bringing banking to people without access to banks</li><li>Banks are using blockchain to increases transaction speeds</li>
<h1>Cyber Security</h1><li>Data is verified & encrypted </li><li>Data is resistant to unauthorized changes & Hacks</li><li>Blockchain eliminates the need for middlemen</li>
<h1>Supply Chain Managment</h1><li>Transactions are documented in a permanent decentralized record</li><li>Transactions & data monitored securely</li><li>Efficiently monitor costs, time, waste, emissions & labor</li><li>Blockchain can verify authenticity or fair trade status of products</li>
<h1>Forcasting</h1><li>Blockchain will change how we do research, consulting, analysis & Forecasting</li><li>Platforms that create global decentralized prediction markets</li><li>This can be used to place & monitor online bets on anything from sports to stocks to elections in a decentralized way</li>
<h1>Networking & IOT</h1><li>Samsung & IBM want to create a decentralized network of IOT devices using blockchain tech</li><li>Eliminating the need for central location to handle communications for IOT devices</li><li>Devices would be able to communicate directly, update software, manage bugs & monitor energy usage</li>

Thanks for checking this bit of information out! More industries the blockchain will disrupt coming later this week! 

-Spacebird
👍  , , , , , , ,
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vote details (8)
@digitaldruid ·
It's fascinating to think how this technology will influence the job market.  More programmers?  More innovative application of the tech?  This is the time to start thinking of how to launch a company to apply blockchain to an existing market/industry!
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@spacebird89 ·
More jobs for programmers!! I love it! I wish i was much better at coding.. i really only know the basic front end stuff... This is truly an exciting time!
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@marketanalysis ·
Great article..i agree that these industries wil have to make an adjustment
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@spacebird89 ·
Thanks brother! Stay tuned i have a few more industries coming! Its fun to do the research and get not only myself but other people thinking about the possibilities with this tech!
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@spacebird89 ·
Blockchain technology is going to revolution the world! It's not just for transferring money folks!!
👍  
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@truetocoin ·
Why would you say that?
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@spacebird89 ·
A lot of people just view bitcoin and the blockchain tech as a tool for transferring money when it can be used for so much more than that. It can be used to store and transfer all types of data.
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