Chapter 11. Blockchain-Outside of Currencies
Digital currencies were the first ever application of blockchain technology, arguably without realizing its true potential. With the invention of bitcoin the concept of blockchain was introduced for the very first time, but it wasn't until 2013, with the advent of Blockchain 2.0 that the real benefits of blockchain were realized with its possible application in many different industries. Since then a number of use cases of blockchain technology in different industries, have been proposed including but not limited to finance, the Internet of Things, digital rights management, government, and law. In this chapter, four main industries namely the Internet of Things (IoT), government, health, and finance, have been selected for discussion. Readers will be introduced to all these fields and various related use cases will be presented.