Blockchain technology has a broad application prospect as it can solve the problems of traceability, managing identity and ownership disputes in the supply chain.

The core of the sharing economy is sharing-based transactions, and blockchain is the decentralized way to achieve the security and transparency of transactions.

Globally, environmental pollution and climate change have become very serious problems, and solving them requires joint efforts in various fields. In recent years, with the development of blockchain technology, it has started to be widely used in the field of environmental protection.

The NASSCOM-EY survey revealed that 78% of Indian IT companies, 53% of healthcare and BFSI companies and 49% of pharma companies have migrated to the cloud after 2019.