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How Blockchain Technology Is Making the planet Better?
Blockchain technology can help immensely in banks, insurance, health and pharmaceutical industry, supply chain of several sectors (agribusiness, luxury, international trade, distribution, wines, aeronautics, and automobile), music industry, energy, and property. Blockchains have the potential to displace most 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 can be clearly identified and tracked from production to consumption, it might save up to one million lives each year. Because DHL has already been working with Accenture to establish a track-and-trace serialization system based on blockchain technology.

"At the moment, t here are already a lot more than 7 billion unique pharmaceutical serial numbers in the machine. In addition, the machine can now handle more than 1,500 transactions per second," said Scott Allison, DHL's President, Healthcare.

Allison have not only the capability of the system in mind. For Chicache Clothing Reviews , track-and-trace serialization should reduce costs, increase security and confidence, and eliminate error-prone data movement. The technology can add additional verified information to the element, which can't be manipulated. The validation is completed by all participants.

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

2. Fashion / Fashion
The CGS project allows consumers to track the complete lifecycle of a garment. This includes companies from the fashion, apparel and consumer goods sectors to interact. With this solution, consumers no longer 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 usually a big problem. Binkabi is really a cross-border agricultural trading platform that's breaking new ground through a block bridge solution from Sweet bridge. Thus, a system for fair commodity trading is 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 also to the supervisory authorities and consumers are available. So get more info can be traced and all information about the food can be viewed. With all members of the food system access the blockchain, contaminated food could be quickly removed from the production and supply chain before it reaches the shelf.

THE PLANET Wildlife Fund (WWF) "tracks" fish and seafood using blockchain technology. In this project, the technology should assist in the fight against illegal fishing. However, full traceability of fish and seafood is also of interest to fish wholesalers and fish retailers, as they want to prevent their products or brands from being connected 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 used 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 really is becoming investigated how blockchain technology can be used to tackle current problems, such as for example child trafficking, according to 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 target 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 means that only conflict-free stones are processed.

One of the best types of blockchain technology is Feelium. Feelium supplies a tokenized platform that may allow contractual transactions to become simpler and more secure.The Feelium platform includes a few unique features such as 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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