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Jan 10, 2025

What can blockchain do beyond crypto?

Posted by in categories: blockchains, finance

Blockchain technology offers a solution to this issue by storing all your documents and identification records on a network. The tech can theoretically ensure such documents are securely stored, easily accessible, and protected from unauthorized alterations.

Blockchain has already been used for identification in real-world scenarios. For example, during the Syrian refugee crisis, blockchain technology was used to record the identities of refugees securely. It also facilitated the management of financial aid and grocery purchases, enabling refugees to access necessary resources without any hurdles.

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