With all the craze around blockchain lately, it’s no wonder so many different companies are looking to enter the space. From trying to solve problems in anything from transportation to the arts, a lot of entrepreneurs are looking to lay their stamp on whatever industry they think will become the next unicorn. However, while it’s still too early to tell if a lot of blockchain applications are going to be successful (or even useful), there are a few industries that without a doubt have been early favorites for the technology across the board. Check them out below.
If there’s one industry that’s been long overdue for blockchain, it has to be the healthcare industry. In fact, even Congress’s recently released Joint Economic Report stated that blockchain could help “greater coordination and portability of health records, [which] could also assist by reducing paperwork burdens and preventing medical errors.” That pretty much hits the nail on the head for how blockchain can help the medical industry.