Applications of Blockchain

Abstract

This chapter looks at the possibilities of how blockchain can be turned into real applications using educated assumptions. The technology has evolved significantly, and industries have increasingly been seeking purpose-built and ­application-specific ledgers The availability of real-time and historical data could improve the quality of the citizen engagement experience and introduce new perspectives. The casting of votes may incorporate the use of biometric identifications such as fingerprints or retina scan, further derived from other blockchain applications providing citizen ID cards and birth registrations. In a world where trust is such a rare asset, blockchain can play an essential role in developing applications to authorise degree certificates that others can easily rely upon. The blockchain platform EOS is already providing customised support for building such applications, while Auctionity is a real-time auction platform for selling personal stuff that can mitigate trust issues for eBay-like platforms.