Maintaining the transparency of financial information has been a conundrum since the financial scandals that shook the world economy in the early 2000s. Blockchain has the potential to change this. It is a distributed ledger technology that makes every transaction taking place in the blockchain visible. As a result, transactions are automated with fewer errors, and can not be tampered with.
Read moreBritish hospitals are using blockchain to keep track of the COVID 19 vaccine
National Health Services facilities in England are using blockchain to keep track of the temperatures of the refrigerators storing the COVID 19 vaccine. The hospitals have paired up with American firm Hedera Hashgraph.
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