Contact Us Today! 800-626-8277

One World Technology Inc. Blog

One World Technology Inc. has been serving the Medina area since 2012, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

Blockchain is for More Than Cryptocurrency

Blockchain is for More Than Cryptocurrency

If you’ve heard of blockchain recently, there’s a pretty good chance it was in reference to cryptocurrency. With Bitcoin reaching record levels in December, the idea of using blockchain technology to develop digital currency was on a lot of people’s minds. However, the blockchain has a variety of other practical uses.

Content Management
In a world with an increasingly global economy that relies more and more on digital communications, it can be difficult for a content creator of any kind to ensure that their ownership is being respected. After all, there is little that is easier than copying something that is found online and reproducing it without recognizing its creator, let alone reimbursing them.

Blockchain technology can soon help to change that. Many companies have been developing blockchain tools to help protect content creators and their copyrights. From ensuring that proper attribution is preserved in content, to simplifying payments, all the way to proving who created content in the first place, the blockchain will likely soon be a common way of protecting content creators’ intellectual property while allowing them to share out their content.

Healthcare
With so much sensitive, personally identifiable information being necessary in the healthcare field, the privacy afforded by blockchain technology is a natural fit. This is especially true by merit of blockchain’s utility as a concrete record.

As a result, patients may soon find that their personal medical history is more protected than ever, with the risk of any document being lost eliminated once it is incorporated into the blockchain. Any physician that was granted access could update a patient’s complete medical history, whether or not the patient was in-network, allowing for improved record-keeping and thereby better-informed care.

Audit Trails
The blockchain itself can be considered a database, albeit one that keeps a complete record of any changes made to its contents. As a result, it can serve as an excellent means of tracking audit trails.

Through the blockchain, the progress of work (or even the shipment of materials) can be mapped out and monitored. This way, if there is ever an issue or error made, it is easier to identify where and why things went wrong. In turn, it is then easier to resolve these issues. Furthermore, the data within the documents stored in the blockchain gives details on when, and by whom, the documents were added.

This is useful when an organization needs to keep a concrete record of their documentation and the actions they have taken.

Secure Voting
Regardless of your views on the prevalence of voter fraud and other such concerns, the idea of making the voting process more secure only makes sense. As you’ve probably guessed, the blockchain has the potential to do so. By preserving voting results in the blockchain, they are safe from any tampering, which means that the results can be trusted as reliable.

While cryptocurrency may be the most exciting part of blockchain technology, there are many more practical uses. What do you think? Let us know in the comments.

Lack of Security Training is Putting Businesses at...
CES 2018 Showcases Upcoming Technology
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Friday, 23 February 2018
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Tip of the Week Security Privacy Best Practices Cloud Technology Network Security Business Computing Managed IT Services Backup Hackers Outsourced IT Software Hosted Solutions VoIP Malware Microsoft Business Business Continuity Disaster Recovery Google Email Windows 10 Data Backup Smartphones IT Support Mobile Devices Data Saving Money Hardware Android Small Business Alert Innovation Efficiency Productivity Computer Browser Cybercrime Office Ransomware Communications Cloud Computing Business Management IT Services Data Recovery Computers Server Virtualization Mobility Law Enforcement Chrome Work/Life Balance Cybersecurity User Tips Telephone Systems How To Managed IT Passwords BDR Hacking Collaboration Office Tips Windows Quick Tips App Social Engineering Remote Monitoring Password Firewall Private Cloud Budget Social Media Health Internet Smartphone Avoiding Downtime Productivity Wi-Fi Communication Managed IT Services Save Money Flexibility Holiday Internet of Things Proactive IT Information Technology Data Security Mobile Device Management Two-factor Authentication Router Data Breach Money Facebook Gadgets Office 365 Business Intelligence Phishing Value Artificial Intelligence Recovery Compliance Miscellaneous Bring Your Own Device HaaS Spam Charger Credit Cards Google Drive Workers Government Vulnerability Patch Management Apps Solid State Drive Scam History Automobile End of Support Risk Management Hiring/Firing Workplace Tips Battery Redundancy Network Data Management Data Protection Comparison Computer Care Applications Microsoft Office Legal Data Storage Employer-Employee Relationship HIPAA Managed Service Provider Bandwidth Content Filtering BYOD Windows 10 Upgrade Mobile Device Worker Public Cloud Big Data Automation Business Owner OneNote IT Management Keyboard Spam Blocking SaaS Document Management Two Factor Authentication Training IT Plan Operating System Save Time Computing Infrastructure CES Black Market Identity Theft Unsupported Software Marketing Word Electronic Medical Records Remote Computing Servers Software Tips Wearable Technology Hard Drives Files Television Cortana Botnet Meetings Internet Exlporer Knowledge Blockchain Scalability Lifestyle Fraud Flash Physical Security USB Audit Public Computer Google Apps Travel Mobile Computing Data loss Network Congestion Human Resources Downtime Troubleshooting Unified Threat Management Amazon Emails Transportation User Error Infrastructure Instant Messaging Outlook Screen Mirroring Internet exploMicrosoft Politics Staff Employer Employee Relationship Apple Cleaning Education Amazon Web Services Sync HBO Computer Fan Benefits Password Manager Software as a Service Frequently Asked Questions Cast Leadership Computer Accessories Hosted Solution iPhone Online Shopping Telephony Wireless The Internet of Things Smart Technology Safety Business Mangement Update Search Specifications Excel Advertising Bluetooth Samsung Virtual Reality Evernote Techology Skype Netflix FENG Gmail Best Practice How to Millennials Tip of the week Relocation Settings Worker Commute Wireless Charging Users Start Menu Networking Recycling Google Docs Workforce Windows Server 2008 Data Warehousing webinar Loyalty Fiber-Optic Mobile IBM Content eWaste Wireless Technology Website Rootkit Shadow IT Telecommuting Windows 7 Hybrid Cloud Conferencing Humor Books Cables Professional Services Colocation Supercomputer Audiobook Criminal Voice over Internet Protocol Remote Work Regulations IT Support Experience Unified Communications Tools Root Cause Analysis Entertainment Video Games Multi-Factor Security Vendor Management PDF Music Windows 10s Emergency Assessment Theft hacker Current Events Content Management Trending Robot Webinar Digital Signature IT solutions WiFi CrashOverride

Sign up for our Newsletter!

  • Company Name *
  • First Name *
  • Last Name *