Sprocket Technology
Technology
- Blockchain is a decentralized ledger technology used to record transactions.
- In finance, it’s used for secure, transparent cryptocurrency transactions.
- In supply chain, it tracks goods from origin to delivery.
- Blockchain enhances trust by preventing data tampering.
- Smart contracts on blockchain execute automatically when terms are met.
- It’s used in healthcare for secure medical records sharing.
- Government services use blockchain for transparent voting systems.
- The energy sector uses blockchain for decentralized energy trading.
- Blockchain is applied in real estate for transparent property transactions.
- Gaming industries use blockchain for secure in-game asset transactions.