Transforming global economy through decentralization

Blockchain is a leading innovative force influencing several sectors of the economy. The following are some of the industries which SarvayXenia engages with to further advance this trend:

 

Blockchain in Healthcare

The current state of the healthcare industry is reflected by scattered data that is inaccessible around the globe. Decentralization of this data would remarkably bring better preventive, diagnostic, treatment, as well as prognostic measures around the globe. This would facilitate research in medical, pathological and allied healthcare sciences.

 

Blockchain in Cloud Storage

At present, all the cloud data is being saved at centralized servers which store and retrieve data as required. These storage hubs are maintained by tech giants and are thus vulnerable to data breach, including unauthorized access or accidental loss of data. Contrarily, Blockchain could store this user data at decentralized nodes around the world.

 

Blockchain in Retail

Just as Bitcoin is disrupting traditional online transactions, Blockchain has also much to do in order to take retail and e-commerce to the decentralized level. This would make the marketing process much safer with the ease of payments, data accuracy, and proof of ownership.

 

Blockchain in the Arts

Several entertainment and literary sectors have long been desiring for a technology which could efficiently manage authorship and copyright concerns of their produced works. Blockchain caters to this requirement as the authorship and copyrights can now be managed through decentralization, doing away with scams and conflicts.

 

Blockchain in Governance & Administration

Blockchain has proved to be an ideal platform for undertaking several governance and administrative functions of the state. Such digital governance and administrative measures include decentralized voting, consensus, transfer of capital, goods, and services, asset ownership records, and several others. This would also help combat corruption and scam issues.

 

Blockchain in Real Estate

Commercial real estate finds a substantial opportunity for blockchain implementation in the form of smart contracts. Associated operations such as purchase, lease, financing, and sale can indeed be transformed. Accurate evaluation of costs and benefits pertaining with real estate projects is enhanced with the influx of relevant data.

 

Blockchain in Supply chain

Decentralization of the supply chain has benefitted both small as well as large scale industries. Reduction of complexity and increase of transparency in logistical transactions has been brought about with the adoption of Blockchain-enabled processes in payments and distribution.

 

Blockchain in Banking & Insurance

Finance industries have only recently started to incline towards endorsement of Blockchain technologies. Quorum has been a significant driving force behind this transformation offering a reliable and safe mechanism for decentralized transactions. This is likely to promote trade and development in other associated industries too.