Blockchain in chemistry

We have seen the applications of Blockchain across different sectors so far, and in doing so, we have identified a few attributes of Blockchain that can be useful across different industries in similar patterns. For instance, Blockchain can be used in supply chains to reduce paperwork, make instant payments, and drive efficiencies. This is true for the pharmaceutical industry as it is for the chemical industry too.

Similarly, Blockchain smart contracts can be used as a data-driven approach to automate and honor contractual obligations across ecosystem players, suppliers, vendors, and supply chain participants. This is true in logistics and healthcare, and the same is true in the chemicals industry too. Therefore, I am not going back to those two examples, which we've covered in previous chapters, but rather I will reiterate these same uses for chemistry.

However, every industry has its own idiosyncrasies and it would be good to touch upon those while...