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Blockchain Beyond Cryptocurrency: Real-World Applications Transforming Industries | Entrepreneur
2025-04-22 20:45:03| Spiritual Career Counseling
You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Can blockchain technology transcend its association with cryptocurrencies and establish itself as a game-changer in other sectors? While blockchain has been synonymous with Bitcoin and other cryptocurrencies, its potential extends far beyond digital assets. "Bitcoin was the first and foremost application of blockchain, and only later did the term 'blockchain' gain recognition," said Anuj Kumar Garg, vice president, blockchain at ZebPay. He emphasized that blockchain is a confluence of multiple technologiesdistributed ledgers, smart contracts, cryptography, and consensus algorithmsthat collectively enable real-world applications beyond finance.One of the most significant discussions revolved around blockchain's role in diverse sectors such as healthcare, supply chain, and real estate. Alankar Saxena, co-founder & CTO, Mudrex highlighted an innovative application in India's healthcare sector: "The gove...
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