There are few people who are still doubting about the Blockchain. Although Blockchain is not a new technology initially launched in the starting of 90. But there are lot of people who have still doubts about this technology. Currently we only depends on Client Server Model. Which was beneficial until we came across the negative drawbacks of this model. Blockchain overcome this situation where a single entity rule over your data and can capable of modify your data according to his/her needs. But this is can't be possible with Blockchain. A layman language term for Blockchain is "Trust". Whatever data you choose to be implemented on Blockchain will be Immutable and can't be compromised.
Blockchain is basically a technology . Bitcoin is the first Cryptocurrency who used the Blockchain technology in 2008. It was the Blockchain technology who is responsible for making the Bitcoin so popular. Blockchain is basically a decentralized system which can not be compromised. Blockchain is not just a database. It is Secured shared distributed ledger. A big data which is not centralized, spread across numerous location and we call them nodes. It secures the data into encrypted form access by peer to peer network. This is the reason why many governments of different countries have
started working on this technology. This is article is just to aware
about the Blockchain use cases.
1. United Kingdom
In July 2018, the UK's Food Standards Agency (FSA) completed a pilot using blockchain to track the distribution of meat in a cattle slaughterhouse. The FSA claimed the trial marked the first time that distributed ledger technology has been used as a regulatory tool to ensure compliance in the food sector. A number of other government departments are also exploring the technology. Defra is looking into how it could enhance food traceability, HM Land Registry is investigating if it could improve the land registration and property buy-sell process using the technology, and the Department of Work and Pensions is assessing if it could help benefit claimants to manage their money. Margot James, the minister for digital and the creative industries, has promised further trials. "We are starting to make some investments from my department," James revealed at the Blockchain Live conference. "We're investing over £10 million pounds through Innovate UK and our research councils to support Blockchain projects in diverse areas like energy, voting systems and charitable giving."
2. The European Union
The European Union Intellectual Property Office (EUIPO) is investigating how blockchain could combat counterfeiting, which costs the EU €60 billion (£53.5 billion) each year according to the agency's research. In June, the EUIPO and the European Commision organised a "Blockathon" competition in Brussels, where 11 teams of coders created a series of anti-counterfeiting blockchain solutions, drawing on support from specialists in law, IP and anti-counterfeiting. Team Cryptomice won the overall prize for creating a "virtual twin" that cannot be copied and is sent to consumers for verification before they receive the connected physical product, which is registered on a blockchain.
3. Estonia
Blockchain provides the backbone of the renowned e-Estonia programme, which connects government services in a single digital platform. The project integrates a vast quantity of sensitive data from healthcare, the judiciary, legislature, security and commercial code registries, which are stored on a blockchain ledger to protect them from corruption and misuse. Estonia began testing distributed ledger technology in 2008, before the Bitcoin white paper that first coined the term "blockchain" had been published. Estonia dubbed the technology "hash-linked time-stamping" at the time. The Baltic state went on to develop a blockchain technology called KSI, which secures the country's networks, systems and data. The KSI system provides a formally verifiable security system for the government that can function even under constant cyber-attack, and is now available in more than 180 countries.
4. USA
The USA is exploring a number of distributed ledger applications. In January 2017, the Food and Drug Administration (FDA) announced it had signed a two-year joint-development agreement with IBM Watson Health to explore using blockchain to securely share patient data. The collaboration aims to address the lack of transparency and security in health data processing and began with a trial on oncology-related data. Then, in June 2018, the Trump government announced a very different blockchain trial. The Department of Homeland Security (DHS) awarded a grant of $192,380 to a startup called Factom to test the capability of blockchain to protect data collected by Border Patrol cameras and sensors.
5. Denmark
In 2014, the Liberal Alliance became the first major political party in the world to vote using blockchain technology. The party currently forms part of a three-party coalition government in Denmark, and continues to use blockchain to power the internal election it holds at its annual meeting in a suburb of Copenhagen.
6. Dubai
By 2020, Dubai wants to become the first government in the world to conduct all of its transactions using blockchain. The emirate estimates that adding visa applications, bill payments, license renewals and other documents to a blockchain could save 5.5 billion dirham (£1.1 billion) annually in document processing alone. It could also cut CO2 emissions by up to 114 MTons due to trip reductions and redistribute up to 25.1 million hours of economic productivity.
7. Switzerland
The Swiss city of Zug is one of Europe's leading supporters of blockchain. Zug already accepts cryptocurrency as payment for public services, has digitised ID registrations built on the blockchain, and recently completed an e-voting trial. Zug partnered with Lucerne University of Applied Sciences and software company Luxoft to create the customisable blockchain-based e-Vote system, which is integrated with Zug’s Ethereum-based digital ID registration application. Votes are anonymised and tamper-proof, and the system is deployed in three different data centres, which distributes security and data loss risks geographically. Luxoft will open source the platform and is establishing a Blockchain for Government Alliance to promote blockchain use cases in public institutions.
8. Isle of Man
The Isle of Man is using blockchain to protect its thriving e-gaming sector from fraud. In August 2017, the British Crown dependency granted the world's first reputable licence for a blockchain lottery to gambling company Qanta, which will operate a system built on Ethereum technology. The lottery will be drawn using a decentralised number generator. Tickets will be sold through smart contracts and prizes paid out in cryptocurency. Brian Donegan, head of e-business operations for the Isle of Man Government, told Computerworld UK that blockchain will reduce the risk of fraud in the sector. "The immutability and the censorship resistance that is offered by blockchain technology is such that we can use blockchain to keep crime out and protect the consumer," he said.
9. Georgia
Georgia's government has experimented with blockchain in a land registry project developed with the Bitfury Group, dubbed the National Agency of Public Registry (NAPR). "The Bitfury Group and NAPR implemented a custom-designed blockchain system that is now integrated into the digital records system of NAPR," Willem-Jan Bruin, the director for Western European blockchain-based solutions at BitFury Group, told Computerworld UK. "This private, permissioned blockchain is anchored to the Bitcoin blockchain through a distributed digital timestamping service. Distributed digital timestamping allows NAPR to verify and sign a document containing a citizen's essential information and proof of ownership of property. "The importance and disruptive potential of the project lies in its ability to make land titles - and, in general, property rights - available to billions of people who are currently unable to legally register their property. Blockchain technology also permits significant time and cost savings in the registration process. Therefore, the blockchain land-titling project could have a big global impact beyond Georgia."
10. Gibraltar
Gibraltar launched Europe's first regulated bitcoin product in 2016, when the Gibraltar Stock Exchange (GSX) unveiled a cryptocurrency called BitcoinETI. The British overseas territory has also introduced a bespoke license for fintech firms using blockchain, and created a blockchain subsidiary of its stock exchange. In February 2018, the Gibraltar Blockchain Exchange (GBX) announced the completion of its first token sale, which was issued in the Rock Token (RKT) cryptocurrency. A total of 60 million RKT was distributed in the public token sale, the equivalent of £4.5 billion.
11. World Bank
The World Bank Just Issued a Bond That Relies On Blockchain Technology From Start to Finish. The World Bank has launched a blockchain-only bond. The so-called bond-i—for “blockchain operated new debt instrument” and perhaps also for Sydney’s famous Bondi Beach—is a two-year bond that was arranged by Commonwealth Bank of Australia and raised 110 million Australian dollars ($80 million.)
1. United Kingdom
In July 2018, the UK's Food Standards Agency (FSA) completed a pilot using blockchain to track the distribution of meat in a cattle slaughterhouse. The FSA claimed the trial marked the first time that distributed ledger technology has been used as a regulatory tool to ensure compliance in the food sector. A number of other government departments are also exploring the technology. Defra is looking into how it could enhance food traceability, HM Land Registry is investigating if it could improve the land registration and property buy-sell process using the technology, and the Department of Work and Pensions is assessing if it could help benefit claimants to manage their money. Margot James, the minister for digital and the creative industries, has promised further trials. "We are starting to make some investments from my department," James revealed at the Blockchain Live conference. "We're investing over £10 million pounds through Innovate UK and our research councils to support Blockchain projects in diverse areas like energy, voting systems and charitable giving."
2. The European Union
The European Union Intellectual Property Office (EUIPO) is investigating how blockchain could combat counterfeiting, which costs the EU €60 billion (£53.5 billion) each year according to the agency's research. In June, the EUIPO and the European Commision organised a "Blockathon" competition in Brussels, where 11 teams of coders created a series of anti-counterfeiting blockchain solutions, drawing on support from specialists in law, IP and anti-counterfeiting. Team Cryptomice won the overall prize for creating a "virtual twin" that cannot be copied and is sent to consumers for verification before they receive the connected physical product, which is registered on a blockchain.
3. Estonia
Blockchain provides the backbone of the renowned e-Estonia programme, which connects government services in a single digital platform. The project integrates a vast quantity of sensitive data from healthcare, the judiciary, legislature, security and commercial code registries, which are stored on a blockchain ledger to protect them from corruption and misuse. Estonia began testing distributed ledger technology in 2008, before the Bitcoin white paper that first coined the term "blockchain" had been published. Estonia dubbed the technology "hash-linked time-stamping" at the time. The Baltic state went on to develop a blockchain technology called KSI, which secures the country's networks, systems and data. The KSI system provides a formally verifiable security system for the government that can function even under constant cyber-attack, and is now available in more than 180 countries.
4. USA
The USA is exploring a number of distributed ledger applications. In January 2017, the Food and Drug Administration (FDA) announced it had signed a two-year joint-development agreement with IBM Watson Health to explore using blockchain to securely share patient data. The collaboration aims to address the lack of transparency and security in health data processing and began with a trial on oncology-related data. Then, in June 2018, the Trump government announced a very different blockchain trial. The Department of Homeland Security (DHS) awarded a grant of $192,380 to a startup called Factom to test the capability of blockchain to protect data collected by Border Patrol cameras and sensors.
5. Denmark
In 2014, the Liberal Alliance became the first major political party in the world to vote using blockchain technology. The party currently forms part of a three-party coalition government in Denmark, and continues to use blockchain to power the internal election it holds at its annual meeting in a suburb of Copenhagen.
6. Dubai
By 2020, Dubai wants to become the first government in the world to conduct all of its transactions using blockchain. The emirate estimates that adding visa applications, bill payments, license renewals and other documents to a blockchain could save 5.5 billion dirham (£1.1 billion) annually in document processing alone. It could also cut CO2 emissions by up to 114 MTons due to trip reductions and redistribute up to 25.1 million hours of economic productivity.
7. Switzerland
The Swiss city of Zug is one of Europe's leading supporters of blockchain. Zug already accepts cryptocurrency as payment for public services, has digitised ID registrations built on the blockchain, and recently completed an e-voting trial. Zug partnered with Lucerne University of Applied Sciences and software company Luxoft to create the customisable blockchain-based e-Vote system, which is integrated with Zug’s Ethereum-based digital ID registration application. Votes are anonymised and tamper-proof, and the system is deployed in three different data centres, which distributes security and data loss risks geographically. Luxoft will open source the platform and is establishing a Blockchain for Government Alliance to promote blockchain use cases in public institutions.
8. Isle of Man
The Isle of Man is using blockchain to protect its thriving e-gaming sector from fraud. In August 2017, the British Crown dependency granted the world's first reputable licence for a blockchain lottery to gambling company Qanta, which will operate a system built on Ethereum technology. The lottery will be drawn using a decentralised number generator. Tickets will be sold through smart contracts and prizes paid out in cryptocurency. Brian Donegan, head of e-business operations for the Isle of Man Government, told Computerworld UK that blockchain will reduce the risk of fraud in the sector. "The immutability and the censorship resistance that is offered by blockchain technology is such that we can use blockchain to keep crime out and protect the consumer," he said.
9. Georgia
Georgia's government has experimented with blockchain in a land registry project developed with the Bitfury Group, dubbed the National Agency of Public Registry (NAPR). "The Bitfury Group and NAPR implemented a custom-designed blockchain system that is now integrated into the digital records system of NAPR," Willem-Jan Bruin, the director for Western European blockchain-based solutions at BitFury Group, told Computerworld UK. "This private, permissioned blockchain is anchored to the Bitcoin blockchain through a distributed digital timestamping service. Distributed digital timestamping allows NAPR to verify and sign a document containing a citizen's essential information and proof of ownership of property. "The importance and disruptive potential of the project lies in its ability to make land titles - and, in general, property rights - available to billions of people who are currently unable to legally register their property. Blockchain technology also permits significant time and cost savings in the registration process. Therefore, the blockchain land-titling project could have a big global impact beyond Georgia."
10. Gibraltar
Gibraltar launched Europe's first regulated bitcoin product in 2016, when the Gibraltar Stock Exchange (GSX) unveiled a cryptocurrency called BitcoinETI. The British overseas territory has also introduced a bespoke license for fintech firms using blockchain, and created a blockchain subsidiary of its stock exchange. In February 2018, the Gibraltar Blockchain Exchange (GBX) announced the completion of its first token sale, which was issued in the Rock Token (RKT) cryptocurrency. A total of 60 million RKT was distributed in the public token sale, the equivalent of £4.5 billion.
11. World Bank
The World Bank Just Issued a Bond That Relies On Blockchain Technology From Start to Finish. The World Bank has launched a blockchain-only bond. The so-called bond-i—for “blockchain operated new debt instrument” and perhaps also for Sydney’s famous Bondi Beach—is a two-year bond that was arranged by Commonwealth Bank of Australia and raised 110 million Australian dollars ($80 million.)
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