8 Industries that Blockchain is Disrupting

Blockchain is a distributed and decentralized ledger which is immutable. This means that once the data has been added to the blockchain, it cannot be changed or removed. All the participants in the network have a copy of the ledger and anyone can add transactions to the chain in the form of blocks.

The technology has been gaining popularity since a decade now. Many people were introduced to it after the huge price rise of Bitcoin last year. However the applications of Blockchain are not limited to cryptocurrencies. Cryptocurrenies are one amongst many use cases of Blockchain.

Big traditional companies have now started to adopt and use blockchain to simplify their business processes, decentralize them and establish trust.

Here are 8 industries that are being disrupted by blockchain,

---

CALL TO ACTION

We need your support!

We, at CryptoX, are building a social, simulated cryptocurrency exchange platform for people who are financially dependent. We promote peer-to-peer learning and allow users to experiment with different strategies to develop their investor psychology without investing even a single penny! To stay updated with the latest news and details about the platform, subscribe here:

• Email Newsletter

• Messenger Updates

P.S. We need your suggestions to make cryptocurrency for beginners more exciting and fun. So gives us your suggestions in the comments and we will try our best to provide as much value as possible!

---

About Me

I am a Blockchain and Cryptocurrency enthusiast and am highly interested in solving real world problems through technology and Entrepreneurship. Apart from writing, coding and reading books I am also passionate about fitness and sports. Reach out to me on LinkedIn!