How is blockchain being used in industries outside of finance?
Blockchain technology is being utilized in various sectors such as supply chain management, healthcare, and real estate.
Can you give me an example of blockchain in supply chain management?
Sure! Companies like Walmart use blockchain to track the origin of food products, ensuring transparency and safety.
What about healthcare? How does blockchain help there?
In healthcare, blockchain can secure patient records and streamline the sharing of medical data between providers.
Are there any challenges with implementing blockchain in these industries?
Yes, challenges include regulatory issues, integration with existing systems, and the need for industry-wide standards.
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