WHAT THE FUTURE OF BLOCKCHAIN WILL POSSIBLY LOOK LIKE

[Music] hello everyone my name is Lauren Wixom and in this video we are going to talk about what the future of blockchain will possibly look like this episode was brought to you by cubic Labs an incubator from Metro Boston's blockchain startup companies and on behalf of the cubic Labs team I would like to invite all blockchain enthusiasts and Beyond to attend Boston blockchain week 2023. if you're interested in listening to some insightful panels Network and have fun with those that are in the blockchain space you can register now at bostonblockchainweek.com now let's get on with the video number one cyber security an ongoing challenge for businesses today is data tampering thus cyber security is one of the most promising areas of projected growth for blockchain blockchain technology can be used to prevent tampering secure data and allow users to verify the authenticity of files number two government governments can start implementing distributed Ledger technology systems to replace traditional paper-based systems in addition voting in elections using blockchain technology can be easier faster and more secure blockchain provides an immutable record of votes to prevent problems of fraud or forgery it will also help protect voter identities and even support remote voting number three Finance in 2021 El Salvador is one of the first countries to accept Bitcoin as a legal tender due to global inflation and Rising costs of money transfers between Financial intermediaries many researchers think that developing countries are likely to accept cryptocurrencies soon number four Medical blockchain can be used to develop applications to manage patient data control drug Supply automate medical examination and treatment transactions and More in particular concerns about the production and distribution of counterfeit vaccines have been resolved because blockchain Will Be an Effective tool to verify the authenticity of vaccine shipments and track vaccine distribution number five marketing blockchain will be a useful technology in this area because it can monitor and measure the effectiveness of advertising campaigns minimizing cases of advertising fraud blockchain technology helps in automatic censorship removing virtual accounts and verifying advertising engagement in addition it can help collect data on customer behavior and psychology well that's all I have for today's video again my name is Lauren Wixom and I can't wait to see you all in the next episode of the Boston blockchain beat [Music] [Applause]