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Enterprises that use blockchain as key infrastructure

Written by

Lizette Louw

Published On

21 Mar 2022

The industries that find value in blockchain as data infrastructure span much further than payment processing and remittances. From supply chain and healthcare to marketing and accounting, enterprises across all industries are discovering blockchain as the key to evolving their data systems.

The visual guide below presents enterprise use cases of blockchain technology, focusing on the BSV blockchain.

Enterprise Blockchain Use Cases

Enterprise Blockchain Use Cases

Blockchain for supply chain

‘In terms of efficiency, 80% of supply chain operations are waste. It’s making the whole world economy stagnate.’

​​Stephan Nilsson, CEO-Founder of UNISOT

Supply chain management is one of the most promising applications of blockchain as it can enhance the traceability of products while enabling faster and cost-efficient delivery for the benefit of both sellers and buyers.

Norwegian Enterprise Supply Chain Sustainability Platform UNISOT uses the BSV blockchain to enable data transparency which breaks down data silos and improves the food supply chain. UNISOT has released nine modules on its platform, including a Life Cycle Assessment Module that allows users to view the input and output information in every phase of the supply chain.

SeafoodChain is one of the enterprise blockchain solutions powered by UNISOT, focussing on the seafood and aquaculture industries. Through smart digital twins and product DNA the platform records and displays insights into the complete supply chain, enabling supply chain partners and customers alike to make informed choices.

Blockchain for IoT

Predict Ecology is an IoT blockchain platform designed to address data management issues. The platform works by collecting, verifying and indexing environmental and ecological data, such as weather, water quality and even historical actions taken on a closed mine site.

This combination of the Internet of things (IoT) and blockchain has opened the door for new possibilities in data management by increasing the efficiency and transparency of data collected by large numbers of IoT devices and providers. By managing data on edge devices in an IoT system, enterprises can also reduce costs associated with data transfer and IoT device maintenance.

Furthermore, IoT blockchain eliminates the IoT gateway or any other intermediate device for data exchange, decreasing the time required to process data.

Healthcare blockchain

The healthcare industry generates large volumes of new data each day, such as laboratory results, clinical reports and billing information. These medical records are recorded to separate databases, creating a fractionalised system.

Integrating these healthcare applications with blockchain is playing a key role in consolidating patient data for efficient sharing and comprehensible reporting via EHR Data’s blockchain-based platform. EHR Data leverages its data utility to consolidate disparate silos of healthcare data into one readily accessible global patient record. The data utility works by facilitating access to patient data by providers, pharmacists, clinical researchers and public health officials.

The BSV blockchain’s immutability ensures that sensitive information is protected from potential data breaches and hacking. Moreover, the permission-based system gives patients full control over their medical data, including how the information will be used.

With the readily accessible blockchain data, medical service providers can make informed decisions about patient care, improving health outcomes while reducing data management costs.

Blockchain AR/VR platforms

Transmira’s Omniscape is an extended reality platform built on BSV blockchain and AR technology. Primarily designed for brands and content creators, the platform is developed to handle large amounts of data.

Transmira has already launched an AR mobile app and a VR desktop app for its Omniscape platform. As a pioneer in the field, the company is working on combining AR and VR into a single app, giving users a whole new world of virtual possibilities.

One of Omniscape’s flagship features, a 3D body scanner, uses several cameras and infrared scanners to generate a photo-realistic 3D copy of a person. Transmira will incorporate these 3D copies into its app to allow users to employ it as a virtual model to represent themselves.

In a time when physical movement is limited due to the COVID-19 pandemic, such digital twins are becoming increasingly important to people’s online experience.

Blockchain for ERP and Accounting

Enterprise blockchain platform Kensei, developed by nChain, gives enterprises the ability to maximise the benefits of blockchain through the creation of tamper-proof documents and auditable logs, even without deep technical knowledge.

Its powerful application programming interface allows seamless integration between a company’s existing data management processes and the BSV blockchain. According to nChain, additional functionality will be integrated into the platform, providing businesses a wide range of advantages.

Due to increased cybersecurity threats, companies are flooding to blockchain for enterprise resource planning (ERP). Benefits like improved security through an immutable data and transaction log to promptly detect data vulnerabilities is pivotal in the fight against cyber attacks.

ERP blockchain’s ability to verify and authenticate identities helps reduce data breach risks while ensuring compliance with data protection laws. Likewise, RegTech blockchain’s functionality helps guarantee regulatory compliance, especially in the banking and financial industries.

Blockchain: Beyond Virtual Currency

Blockchain first emerged as the technology behind digital currencies. A few years on, more businesses have discovered the value of its data applications for their industries. From healthcare to immersive marketing, blockchain is about much more than just payments.

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What the BSV blockchain is and why it is the infrastructure for the data economy (eBook)

Learn how the BSV blockchain can be used as infrastructure for a data economy in this informative ebook. Discover the benefits of using BSV for data storage, micropayments, and smart contracts. Download now and stay ahead of the curve in the ever-evolving world of blockchain technology.

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Unleash the value of Extreme Scale data with the BSV blockchain

Unlock the true potential of your data with the BSV blockchain. In this eBook, you'll learn about the traditional problems with data and how intermediaries lead to inefficiencies. Discover the detrimental effects of data silos across an industry value chain and the lack of native ways to transmit payments with data. Understand why the BSV blockchain is the best solution for implementing a blockchain solution and explore use cases of how it can solve data problems. Download now to start taking control of your data.

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The BSV blockchain an enterprise cybersecurity framework (eBook)

Learn how to protect your business against cyber attacks with our eBook. Discover how the BSV blockchain meets and exceeds critical information security requirements, including the CIA triad and the five core functions of CSF. With its trustless and resilient architecture, BSV is the future of cybersecurity

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Enterprise blockchain products using the BSV blockchain (eBook)

Unlock the full potential of enterprise blockchain with our comprehensive guide on using the BSV blockchain. Discover the unique properties of BSV that set it apart from other enterprise-scale blockchains and learn about the wide range of applications and products that can be built using BSV, from healthcare to eSports and beyond.

usecase_testimonials

BSV blockchain: what it is and how it restores the promise of enterprise blockchain (eBook)

Discover how the BSV blockchain restores the promise of enterprise blockchain in our eBook. Learn how to overcome the 'blockchain trilemma' and achieve scalability, security, and decentralisation for your organisation's implementation. Stop struggling with fragmented implementations and data silos and get the 'real' blockchain deal with BSV.

usecase_testimonials

Your introduction to the Metaverse (eBook)

Unlock the potential of the Metaverse with our eBook. Learn about the past, present and future of this immersive world and discover the opportunities it presents for big tech, multimedia software, gaming, art, entertainment, communications, advertising and more. Discover what enterprise leaders, government officials, and developers should know and do about the Metaverse to become early adopters.

usecase_testimonials

Revealed: The fallacy of private, permissioned blockchains

Discover the truth behind private, permissioned blockchains in our eBook. Learn about the complex problem of Internet's walled gardens, the benefits of a native digital cash system, and the reality of permissioned blockchain for enterprise and government. Understand why the best way to secure data is to keep it in the public eye with public blockchain technology. Download now to learn more about the fallacy of private, permissioned blockchains.

usecase_testimonials

What is Blockchain? (eBook)

Looking for an intro to blockchain technology and its applications for your projects? This eBook streamlines the concept of Blockchain by comparing it to other commonly used data management systems so you can gauge how to use it for your enterprise or government project.

usecase_testimonials

What is Bitcoin? (eBook)

Are you an Enterprise Leader or Government official doing your due diligence on Bitcoin? Although Bitcoin has many aspects in common with other data management systems, it is its differences that translate into unique benefits for organisations.

usecase_testimonials

The Next Era in Miner Economics: Embracing Coopetition and Infrastructure

Explore the history and current state of miner incentives, from the race for hash power to the upcoming reward halving events.

usecase_testimonials

A comprehensive approach to blockchain energy efficiency

Blockchain’s environmental impact is one major issue dogging this technology. Our eBook addresses operational and reputational challenges by introducing innovative formulas for evaluating and rating the energy efficiency of blockchain networks, to encourage sustainable practices.

usecase_testimonials

Engineering a Smarter and Greener Financial World with Tokenovate

We are proud to announce that our latest eBook - Engineering a Smarter and Greener Financial World with Tokenovate - is now available to download. In this eBook, we delve into the fascinating world of blockchain technology and its profound impact on the ESG (Environmental, Social, and Governance) landscape.

usecase_testimonials

The BSV Blockchain Barometer Report 2023

Ever wondered what the mainstream opinion is on emerging technologies? We’ve partnered with renowned research house YouGov to produce the inaugural BSV Blockchain Barometer Report 2023. 13,000 adults worldwide were surveyed about their thoughts on AI, blockchain, Web3, ChatGPT and more. Download now to uncover the concerning findings in tech trust and awareness.

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