Blockchain Beyond Bitcoin: Exploring the Potential of Distributed Ledgers
Blockchain technology has the potential to revolutionize various industries beyond finance. Blockchain is a decentralized digital ledger used to record transactions. Applications of blockchain technology include supply chain management, voting systems, healthcare data management, and financial transactions. For instance, blockchain can help companies track the movement of goods, reduce the risk of fraud in voting systems, prevent data breaches in healthcare, and reduce the time and cost associated with financial transactions.