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Summary and Conclusions

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Applications of Blockchain Technology in Business

Part of the book series: SpringerBriefs in Operations Management ((BRIEFSOPERMAN))

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Abstract

Blockchain technology is revolutionary. It will make life simpler and safer, changing the way personal information is stored and how transactions for good and services are made. Blockchain technology creates a permanent and immutable record of every transaction. This impenetrable digital ledger makes fraud, hacking, data theft, and information loss impossible. The technology will affect every industry in the world, including manufacturing, retail, transportation, healthcare, and real estate Companies as Google, IBM, Microsoft, American Express, Walmart, Nestle, Chase, Intel, Hitachi, and Dole are all working to become early adopters of blockchain. Nearly $400 trillion across various industries is set to be transformed by blockchain.

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© 2019 The Author(s), under exclusive license to Springer Nature Switzerland AG

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Attaran, M., Gunasekaran, A. (2019). Summary and Conclusions. In: Applications of Blockchain Technology in Business. SpringerBriefs in Operations Management. Springer, Cham. https://doi.org/10.1007/978-3-030-27798-7_15

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