What can a smart contract be used for?
by SMEBOOK (admin) · February 28, 2021
Smart contracts can be used in a variety of fields, from healthcare to supply chain to financial services. Some examples are as follows:
Government Voting System: Votes using smart contract are ledger protected and hard to decode. Voting, when transferred online using smart contracts, can increase the number of participants in a voting system.
Healthcare: Blockchain can store the encoded health records of patients with a private key. Similarly, research can be conducted confidentially and securely using smart contracts.
Supply chain: Blockchain help in delivering an accessible and secure digital version to parties involved in the chain. Smart contracts can be used for inventory management and the automation of payments and tasks.
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