• ResearchAndMarkets.com recently published a report titled “Beyond Crypto – How Blockchain Advances in the Enterprise” to showcase various use cases for enterprise blockchain.
• The report explains how enterprises are increasingly focusing on permissioned blockchain protocols across public and federated networks to utilize traceability, transparency, security, and efficiency aspects for applications in sectors such as financial services, energy & utilities, and aerospace & defense.
• The report also includes real-world innovation use cases and examples related to the implementation of enterprise blockchain by companies across sectors.
Overview of “Beyond Crypto – How Blockchain Advances in the Enterprise” Report
ResearchAndMarkets.com recently published a report titled “Beyond Crypto – How Blockchain Advances in the Enterprise” to showcase various use cases for enterprise blockchain. The report explains how enterprises are increasingly focusing on permissioned blockchain protocols across public and federated networks to utilize traceability, transparency, security, and efficiency aspects for applications in sectors such as financial services, energy & utilities, and aerospace & defense. The report also includes real-world innovation use cases and examples related to the implementation of enterprise blockchain by companies across sectors.
Enterprise Blockchain Use Cases
The use cases presented in this report are organized into three main segments: Financial Services; Energy & Utilities; Aerospace & Defense; and Other Sectors (Retail/Manufacturing/Healthcare). Within each segment there are a number of different use cases which demonstrate how companies are leveraging blockchain technology within their operations or products/services offerings. Some of these include:
- Financial Services: Payment processing systems using distributed ledger technology (DLT); KYC processes enabled by digital identity management solutions built on DLT.
- Energy & Utilities: Smart contracts used to facilitate peer-to-peer energy trading; Usage tracking systems enabled by DLT.
- Aerospace & Defense: Aircraft parts tracking systems built with DLT; Supply chain visibility solutions powered by DLT.
- Other Sectors: Retail supply chain management solutions using DLT; Healthcare data sharing platforms enabled by DLT.
Benefits of Enterprise Blockchain Solutions
By leveraging enterprise blockchains solutions businesses can achieve better traceability, transparency, security and efficiency within their operations or products/services offerings. This can result in reduced costs due to improved accuracy in payments processing or better asset tracking capabilities within supply chains resulting in less product wastage or delays due to miscommunication between partners. Additionally, customers may benefit from more secure digital identity management frameworks that enable more secure customer experience when dealing with online transactions or verification processes.