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The Blockchain technology has revolutionized various industries by offering numerous opportunities. Mobile app development companies that clinch it into their business model see significantly higher growth in their annual ROI than those that are slow to adopt it. https://bit.ly/2EOrt3G
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Technology Trends 2019 For Blockchain Mobile App Development PresentedbyConsagousTechnologies
Today's Discussion BreakdownofthePresentation WhatisBlockchain? HistoryofBlockchain BlockchainDevelopment BlockchaininFoodIndustry BlockchaininRetailIndustry BlockchaininHealthcareIndustry HowtoContact 2018 | CONSAGOUS TECHNOLOGIES
What is Blockchain? Theblockchainisconsideredasarevolutionwithinthetechindustryas containnumerousopportunitiesforgrowingandestablishedbusinesses. Companiesthatclinchitintotheirbusinessmodelseesignificantlyhigher growthintheirannualROIthanthosethatareslowtoadoptit. MostofthelargecompanieslikeMicrosoftandIBMwhichareembedded blockchaintotheirinfrastructuresareenjoyingitscommendations. Nowadays, Blockchainisusedbymostofthe mobileappdevelopment companies asitoffersrobustsecurityfeaturestodealwithcomplex transactions. 2018 | CONSAGOUS TECHNOLOGIES
WordstoLiveBy You have to think of the blockchain as a new utility. It is a new utility network for moving value, moving assets. William Mougayar
History of Blockchain Itsbeginningstoryisfascinatingjustlikeitsname, wellit’squitedifficulttotraceitsactual beginningasitsentirebeginningareperfectintheirownway. In1997, anAmericancomputer scientistNickSzabointroducedthefirsttimethetermsmartcontractstotheworldbutitgot popularityafterthedevelopmentofblockchaintechnology. In2008, apersoncalledSatoshiNakamotoisblockchain. Theblocksinblockchainareknots containingencryptedinformation, aswellasareferencetothedateofthecreation, andthename ofthepreviousblocktowhichthecurrentblockisrelatedinachainedmanner. Anychangetothe chainwillnotoverwritetheexistinginformationbutwillbeaddedasanewblock, afterithas beenvalidatedbyalltheotherblocksinthenetwork. 2018 | CONSAGOUS TECHNOLOGIES
Blockchain Development Accordingtothe Forbes, thebiggestuseofblockchaininmobilepayment apps. “Only1.2billionpeoplehaveaccesstoabankaccountwithpayment capabilities, whilethereareapproximately5billionuniquemobilephone subscribers.” Apartnershipbetweenthe blockchainmobileappdevelopment company andtelecomcompaniesallowpeopletomakesecuremobile paymentsusingmobileapps. NotonlyFintech, butmostoftheindustries arealsousingblockchainstobuilddecentralizedapplicationsand simplifiedtheappdevelopmentprocess. Let’sbriefabouttheindustries whicharetakingbenefitsofBlockchaintechnology: 2018 | CONSAGOUS TECHNOLOGIES
BLOCKCHAININTHERETAIL INDUSTRY TheretailindustryusesBlockchaininsupplychainmanagementtooffer bestqualitycontrolmanagement. Itprovidesgreatertrust, transparency, andcollaborationacrossthewholesystemsthatwouldotherwisedifficultto manage. Additionally, theuseof “smartcontracts” offersautomatingand auditingtransactionsintheretailindustry. Therearevarioussupplychainstartupsthatsawanopportunityin blockchaintoprovidesupplychainsolutionsinordertoimproveefficiency forthegiganticsupplychainindustry. Mostofthecompaniesrecently startedusingblockchain-enabledsolutionstotransformtheirbusiness. 2018 | CONSAGOUS TECHNOLOGIES
BLOCKCHAININTHE HEALTHCAREINDUSTRY Thistechnologyhasthepotentialtoshiftthefloorofhealthcareindustrybyplacing thepatientatthecenteroftheecosystem. Nodoubt, Blockchainhasincreasedthe interoperability, privacy, andsecurityofhealthdataandallowdoctorstoexamine theirpatientsremotely. Withthehelpofelectronicmedicalrecords, itcouldoffera newmodelforhealthinformationexchangestoprovidemoredisintermediatedand securehealthcareecosystem.
BLOCKCHAININFOOD INDUSTRY Thefoodindustryrequiresimperativesolidrecordstotraceeachproduct andBlockchainembeddedsolutionsoffertransparencyintheworkflow. One oftheestablishedbrandretailcorporationWalmartretailusesblockchainto keeptrackofitsporkitsourcesfromChinaandtheblockchainrecords whereeachpieceofmeatcamefrom, processed, storedanditssell-by-date. Unilever, Tyson, Nestle, andDolealsouseblockchainforsimilarpurposes. ThesearesomeindustrieswhichareavailingthebenefitsofBlockchain technologiesinordertosucceedintheirrespectivefield. Ifyoualsowantto jumpintoBlockchainshipwithauniqueidea, youmust hiremobileapp developers withdeepknowledgeinBlockchaintechnologiesanditstools. 2018 | CONSAGOUS TECHNOLOGIES
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