It has rapidly evolved from a platform to gather information to a space where we can shop, bank and communicate. These transactions can be any movement of money, goods or secure data -- for example, a purchase at a supermarket, or the assignment of an Aadhar number. What is it that will change the way groceries are bought, stocks are purchased, money is transferred, bills are paid, and land deeds are made? Blockchain best serves these purposes as the trust factor is native to the medium. Hence, blockchain could be the perfect platform to transform a knowledge-driven economy into a digital-inclusive society.

Source: Economic Times March 09, 2018 07:07 UTC