Blockchain and Its Use Cases

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Blockchain And Its Use Cases

A Critical Analysis

Contents

List of Figures        II

List of Tables        III

List of Abbreviations        IV

1.        Introduction        1

2.        Blockchain        2

3.        Motivation: Need for Blockchain        4

4. Blockchain Application in Different Areas        5

4.1 Blockchain in IoT        6

a) Storage capacity and scalability        6

b) Security        6

c) Anonymity and data privacy        7

d) Smart contract        7

e) Legal issues        7

f) Consensus        8

4.1.1 Supply chain Use Case        8

4.1.1.1 Problems of supply chain        9

4.1.1.2 Advantages of blockchain using in supply chain        9

4.1.1.3 Implementation        9

4.1.1.4 New model and agriculture supply chain case study        10

4.2 Blockchain in Finance        11

4.2.1 Blockchain Transaction Process        12

4.2.2 Use Cases in Financial Industry        13

A.        Traditional Banking        13

B.  Knowing Your Customer (KYC)        14

4.2.3 Benefits of Blockchain Transaction        16

A.  Direct Transactions        16

B.   Low Cost Transaction        16

4.3. Blockchain in Healthcare        17

4.3.1 Interoperability        17

4.3.2 Issues and Motivation        19

4.3.3 Blockchain's Role in Patient-Driven Interoperability        20

4.3.4.1 Data Sharing between Telemedicine and Traditional Care        22

4.3.3.2 Patient Digital Identity Management        24

5. Conclusion        25

6. References        27

List of Figures

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