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X. Liu et al.
abuse user’s personal data or sell the data to advertisers. Blockchains create a socalled single point of trust and protect our privacy. Data will be encrypted and people
will have control of their own data.
8.8.5 Supply Chain Management
Supply chain management is another best-suited application for blockchains.
Blockchains can be used to record the entire process of transferring physical goods
from the producers to the consumers. Details of farms or greenhouses, delivery
trucks, warehouses, supermarkets, and retail stores, as well as the movements of
physical goods between them, can all be recorded in a blockchain, along with the
temperature, humidity, time, etc.
Blockchains make supply chain management more efficient. Managers can use
blockchains to help with planning and avoid overstocking. Goods can be located in
real time. Causes of problems can be traced back to its origin.
8.8.6 Other Applications
Blockchains will bring revolutions to voting and elections. Digital voting will be
more secure than ever before. Votes will become transparent and immutable. Voters
will be able to find out if their votes have been counted. Election data will not be
able to be tampered. Millions of dollars will be saved in running elections.
Another industry that will benefit from blockchains is real estate. Property titles
and their transfers can be stored in blockchains. The records are transparent to the
public and are permanent.
Student records and certificates can be stored in blockchains. Verification of
credentials can be made instant and will be reliable.
Driver licenses, violations, and accident records can be stored in blockchains
as well. The whole process of vehicle ownership and policy verification will be
efficient without errors.
Blockchains can be used just for data backup. Data backed up are immune to
tampering. However, current cloud-based data storage systems are not immune to
hackers.
X. Liu et al.
abuse user’s personal data or sell the data to advertisers. Blockchains create a socalled single point of trust and protect our privacy. Data will be encrypted and people
will have control of their own data.
8.8.5 Supply Chain Management
Supply chain management is another best-suited application for blockchains.
Blockchains can be used to record the entire process of transferring physical goods
from the producers to the consumers. Details of farms or greenhouses, delivery
trucks, warehouses, supermarkets, and retail stores, as well as the movements of
physical goods between them, can all be recorded in a blockchain, along with the
temperature, humidity, time, etc.
Blockchains make supply chain management more efficient. Managers can use
blockchains to help with planning and avoid overstocking. Goods can be located in
real time. Causes of problems can be traced back to its origin.
8.8.6 Other Applications
Blockchains will bring revolutions to voting and elections. Digital voting will be
more secure than ever before. Votes will become transparent and immutable. Voters
will be able to find out if their votes have been counted. Election data will not be
able to be tampered. Millions of dollars will be saved in running elections.
Another industry that will benefit from blockchains is real estate. Property titles
and their transfers can be stored in blockchains. The records are transparent to the
public and are permanent.
Student records and certificates can be stored in blockchains. Verification of
credentials can be made instant and will be reliable.
Driver licenses, violations, and accident records can be stored in blockchains
as well. The whole process of vehicle ownership and policy verification will be
efficient without errors.
Blockchains can be used just for data backup. Data backed up are immune to
tampering. However, current cloud-based data storage systems are not immune to
hackers.