Blockchain in Day-to-Day Life: Transformative Applications and Implementation

Author(s)	Bhanuprakash Madupati
Country	USA
Abstract	Blockchain technology is a disruptive force in many industries, introducing transparency and security while improving the efficiency of daily processes. This paper discusses blockchain applications in logistics and supply chain, healthcare data management, IoT (Internet of Things), identity verification, government, etc.; for instance, blockchain's decentralised and immutable characteristics provide a solution to some of the most challenging concerns, including data privacy, fraud prevention, and operational inefficiency. The paper further discusses the fusion of blockchain with upcoming fields like artificial intelligence (AI) and IoT, which play more crucial roles in daily life. By deploying blockchain, businesses can optimise their processes without intermediaries and ensure that the data is safe and sound to bolster trust across digital chains. The research helps identify what blockchain is doing now and how the industry may touch all corners of modern life moving forward.
Keywords	Blockchain, Supply chain, Healthcare, Internet of Things (IoT), Identity Verification, GovTech (Government services), Artificial Intelligence (AI)
Published In	Volume 3, Issue 1, January-February 2021
Published On	2021-01-26
DOI	https://doi.org/10.36948/ijfmr.2021.v03i01.11973
Short DOI	https://doi.org/g82h5r

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International Journal For Multidisciplinary Research