How manufacturers can use blockchain for inventory management When it comes to inventory management, retailers and companies traditionally operate under a reactive model. Inventory management with blockchain technology can help significantly reduce imbalances and inefficiencies faced by manufacturers.

According to a report, the adoption of blockchain in inventory management stood at about 5% in 2018. It is projected to increase to 54% over the next five years. The…

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Blockchain can be used in ridesharing too now! Ridesharing and carpooling are becoming increasingly popular in large cities that suffer from traffic jams and congestions. Cab aggregator services have capitalized on this trend by providing cab sharing options to its users. The concept of vehicle sharing can be improved upon further by implementing blockchain in ridesharing services.

Implementing blockchain in ridesharing removes intermediaries and allows for direct transactions between the rider and the driver. It has the potential to get more people to adopt ridesharing, which is…

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Potential of blockchain in the aviation industry Blockchain in aviation will open up new waves of opportunities like maintenance transparency, flight data security, reduction in instances of flight overbooking, helping the industry to boost its efficiency and accuracy levels.

While customers expect comfortable, painless, and hassle-free travelling experience, the aviation industry focusses on revolutionizing the operations, right from ticket booking to check-in to onboard processes. The advancement in cutting-edge,…

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