Summary

In this chapter, five main industries that can benefit from blockchain technology were discussed. First, IoT was discussed, which is another revolutionary technology in its own right. By combining it with blockchain technology, several limitations can be addressed, which would bring about tremendous benefits to the IoT industry. More focus has been given to IoT in this chapter, as it is the most prominent and most ready candidate for adapting blockchain technology.

Moreover, applications in the government sector were discussed, whereby various government processes such as homeland security, identification cards, and benefits disbursements can be made transparent, secure, and more robust. Furthermore, issues in the finance sector were discussed, along with possible solutions that blockchain technology could provide. Finally, some aspects of the health sector and music industry were also discussed. All these use cases and many more stand on the pillars provided by the core...