Blockchain Applications: Government and Public Services

Transparency and efficiency in public services

Private

Case Studies and Details:

• Voting System: Blockchain can be used to create a transparent and secure electronic voting system. This improves the transparency and reliability of elections.
• Follow My Vote provides an electronic voting system using blockchain. This improves the transparency and reliability of voting.
• User Stories: One citizen reported that using Follow My Vote to vote electronically made the voting process faster and safer. In particular, the transparency of the voting results was improved, and reliability was enhanced.

Business

Examples and Details:

• Public Service Management: Government agencies can use blockchain to manage public services, improving transparency and efficiency.
• The Estonia e-Residency programme uses blockchain to provide electronic residency, which improves the transparency and efficiency of public services.
• Case Study: The Estonian government has introduced the e-Residency programme, which has simplified the procedures for foreigners doing business in Estonia and improved transparency. In particular, it has been praised for its ability to quickly set up a business.

Blockchain Applications: Financial Industry

Transparency and Efficiency in Transactions

Private

Case Studies and Details:

• Remittances and Payments: Blockchain can be used to make remittances and payments quickly and at low cost. This reduces international remittance fees and increases transaction transparency.
• Ripple provides a platform that uses blockchain to make international money transfers faster and cheaper, thereby improving the transparency and efficiency of money transfers.
• User stories: One individual reported that they used Ripple to send money to their family overseas and were able to significantly reduce the fees. They particularly found it very convenient that the money transfer was completed in a matter of seconds.

Business

Case studies and details:

• Financial Transaction Management: Financial institutions can use blockchain to improve the transparency and efficiency of transactions.
• ConsenSys’s Quorum provides a platform for managing financial transactions using blockchain, which improves the transparency and efficiency of transactions.
• Case Study: A bank has improved the transparency of financial transactions and reduced transaction costs by implementing Quorum. In particular, transaction speeds increased and customer satisfaction improved.

Blockchain Applications: Media Industry

Content Distribution and Copyright Management

Private

Case Studies and Details:

• Digital Content Distribution: Blockchain can be used to distribute digital content and manage copyrights. This allows creators to earn legitimate revenue.
• Steemit is a platform that uses blockchain to distribute content and share revenue, allowing creators to earn money directly.
• Case Study: A blogger was able to post articles on Steemit and earn money based on reader ratings. The blogger reported that the fact that they were able to earn money without going through an intermediary was particularly appealing.

Business

Case Study and Details:

• Copyright Management: Media companies can use blockchain to manage content copyright, improving transparency and efficiency.
• Custos Media Technologies, based in South Africa, provides a solution that uses blockchain technology to detect and prevent digital media piracy. It embeds a bitcoin watermark in the content, making it traceable in the event of illegal sharing.
• Case Study: A film production company was able to produce and distribute several high-profile projects without a single piracy report on their content by implementing Custos.

Summary

Blockchain technology has many applications in both private and business settings, and we can enjoy its convenience and safety in real life. By understanding and actually using these technologies, we can lead more efficient and safer lives.

Thank you for reading to the end!

This concludes our series of articles on blockchain applications in the industry.

There are many different types of blockchain, and in this article we have not focused on any particular one.

We will be discussing decentralised networks with great potential on a global scale in a separate article.

Please look forward to the next article!