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How Blockchain Technology Is Making the World Better?
Blockchain technology can help immensely in banks, insurance, health and pharmaceutical industry, supply chain of many sectors (agribusiness, luxury, international trade, distribution, wines, aeronautics, and automobile), music industry, energy, and property. Blockchains have the potential to replace almost all of the centralized "trusted third parties" including banking trades, notaries, land registry, etc. by distributed computer systems.

1. Medicines / Pharmacy
Blockchain technology may be used to improve drug integrity. If drugs could be clearly identified and tracked from production to consumption, it might save up to 1 million lives each year. Because DHL has already been working with Accenture to determine a track-and-trace serialization system predicated on blockchain technology.

"At the moment, you can find already more than 7 billion unique pharmaceutical serial numbers in the machine. In addition, the system can now handle more than 1,500 transactions per second," said Scott Allison, DHL's President, Healthcare.

Allison has not only the capacity of the system at heart. For example, track-and-trace serialization should keep your charges down, increase security and confidence, and eliminate error-prone data movement. The technology can add additional verified information to the element, which cannot be manipulated. The validation is completed by all participants.

"THE SYSTEM NOT ONLY MEETS THE GLOBAL SERIALIZATION REQUIREMENTS, IT EVEN SURPASSES THEM," Says Allison

2. Fashion / Fashion
The CGS project allows consumers to track the entire lifecycle of a garment. This includes companies from the style, apparel and consumer goods sectors to interact. With this solution, consumers no more have to rely blindly on the worthiness in sustainability fashion. Blockchain technology allows tracking of sustainability and conformity of the garment

3. Cross-border payments
In developing and underdeveloped countries, usage of capital for small food producers is often a big problem. Binkabi is really a cross-border agricultural trading platform that's breaking new ground with the help of a block bridge solution from Sweet bridge. Thus, something for fair commodity trading is usually to be developed.

A blockchain banking solution has recently been announced by IBM. This is designed to make international payments faster and more cost-effective.

4. Food safety
In the area of food safety, IBM is working with food manufacturers Dole, Nestl�, and Walmart. Thus, the info of breeders, suppliers, processors, traders, retailers not only to all parties involved but additionally to the supervisory authorities and consumers are available. So every transaction could be traced and all information regarding the food can be looked at. With all members of the meals system having access to the blockchain, contaminated food could be quickly removed from the production and offer chain before it reaches the shelf.

Additional info (WWF) "tracks" fish and seafood using blockchain technology. In this project, the technology should help in the fight illegal fishing. However, full traceability of fish and seafood is also of interest to fish wholesalers and fish retailers, because they want to prevent their products or brands from being associated with illegal activities.

"CONSUMERS ARE ALSO INCREASINGLY SLANDERING FOR FULLY TRACEABLE FISH AND SEAFOOD THAT AREN'T FROM ILLEGAL FISHING," says Bubba Cook, WWF's Western Central Pacific Tuna Program Manager.

5. Humanitarian Crises
Blockchain technology isn't just utilized by companies. The US currently uses blockchain technology in 16 areas, including:

� World Food Program (Refugee Aid)

� Office for the Coordination of Humanitarian Affairs (donor financing, safeguarding, and monitoring of supply chains)

In addition, it is currently being investigated how blockchain technology can be used to tackle current problems, such as child trafficking, in accordance with Mahrinah von Schlegel, Managing Director of Nonprofit Embassy 2.0.

As part of the public-private partnership ID2020, Microsoft and Accenture have announced a partnership. The goal is to give 1.1 billion people a legal type of identity and identification using blockchain technology.

6. Jewelry
In collaboration with Everledger, the jewelry company Brilliant Earth intends to use blockchain technology to accurately track the origins of diamonds and other gems. This ensures that only conflict-free stones are processed.

One of the greatest types of blockchain technology is Feelium. Feelium supplies a tokenized platform that will allow contractual transactions to become simpler and much more secure.The Feelium platform includes a few unique features for instance a centralized blockchain platform instead of a decentralized platform, private key retrieval, and cloud storage. Feelium aims to be a one-stop trading platform that can be used by anyone, in B2B and B2C scenarios.
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