What are the industries that embraced blockchain technology?
… Asian banks are also exploiting blockchain with banks in India turning to blockchain to speed up internal trade deals (Sajita & Antony, 2018) …
Hassani, H., Huang, X., & Silva, E. (2018). Banking with blockchain-ed big data. Journal of Management Analytics, 5(4), 256-275.
https://ieeexplore.ieee.org/abstract/document/7749510/
Article Blockchain technology in the chemical industry: Machine-to-m...
https://ieeexplore.ieee.org/abstract/document/7998367/
Article Blockchain Technology: Applications in Health Care
Article Blockchain Technology in Business and Information Systems Research
Article Blockchain and Its Coming Impact on Financial Services
https://j2-capital.com/wp-content/uploads/2017/11/AIR-2016-Blockchain.pdf
Article Blockchain application and outlook in the banking industry
https://journals.plos.org/plosone/article%3Fid%3D10.1371/journal.pone.0163477
Conference Paper The Impact of Blockchain Technology on Business Models in th...
Conference Paper The architecture, engineering and construction industry and ...
Dear Cristian,
Thanks for the references and links... Yes, there are so many industries which incorporate BC technology ...
Blockchain technology is a core, underlying technology with promising application prospects in the banking industry.....
case of china...
Guo, Y., & Liang, C. (2016). Blockchain application and outlook in the banking industry. Financial Innovation, 2(1), 24.
This provides an overview of the concept of blockchain technology and its potential to disrupt the world of banking through facilitating global money remittance, smart contracts, automated banking ledgers and digital assets....
Peters, G. W., & Panayi, E. (2016). Understanding modern banking ledgers through blockchain technologies: Future of transaction processing and smart contracts on the internet of money. In Banking beyond banks and money (pp. 239-278). Springer, Cham.
This paper looks at the challenges and opportunities of implementing blockchain technology across banking, providing food for thought about the potentialities of this disruptive technology......
Cocco, L., Pinna, A., & Marchesi, M. (2017). Banking on blockchain: Costs savings thanks to the blockchain technology. Future internet, 9(3), 25.
Fintechs....
The financial technology (FinTech) sector sees high potential value in cryptocurrency blockchain protocols, or distributed-ledger technology (DLT)....
Eyal, I. (2017). Blockchain technology: Transforming libertarian cryptocurrency dreams to finance and banking realities. Computer, 50(9), 38-49.
Blockchain is disrupting the banking industry and contributing to the increased big data in banking. However, there exists a gap in research and development into blockchain-ed big data in banking from an academic perspective.....
Hassani, H., Huang, X., & Silva, E. (2018). Banking with blockchain-ed big data. Journal of Management Analytics, 5(4), 256-275.
Indian perspective...
Blockchain technology application in Indian Banking Sector....
Gupta, A., & Gupta, S. (2018). Blockchain technology application in Indian Banking Sector. Delhi Business Review, 19(2), 75-84.
Blockchain use in energy sector....
Li, Z., Kang, J., Yu, R., Ye, D., Deng, Q., & Zhang, Y. (2017). Consortium blockchain for secure energy trading in industrial internet of things. IEEE transactions on industrial informatics, 14(8), 3690-3700.
Mengelkamp, E., Notheisen, B., Beer, C., Dauer, D., & Weinhardt, C. (2018). A blockchain-based smart grid: towards sustainable local energy markets. Computer Science-Research and Development, 33(1-2), 207-214.
Andoni, M., Robu, V., Flynn, D., Abram, S., Geach, D., Jenkins, D., ... & Peacock, A. (2019). Blockchain technology in the energy sector: A systematic review of challenges and opportunities. Renewable and Sustainable Energy Reviews, 100, 143-174.
BC use in digital identity / e-residency aspect...
Sullivan, C., & Burger, E. (2017). E-residency and blockchain. Computer Law & Security Review, 33(4), 470-481.
Rivera, R., Robledo, J. G., Larios, V. M., & Avalos, J. M. (2017, September). How digital identity on blockchain can contribute in a smart city environment. In 2017 International smart cities conference (ISC2) (pp. 1-4). IEEE.
Bakre, A., Patil, N., & Gupta, S. (2017). Implementing decentralized digital identity using Blockchain. International Journal of Engineering Technology Science and Research, 7pages.
BC use in public sector / government...
Berryhill, J., Bourgery, T., & Hanson, A. (2018). Blockchains unchained: Blockchain technology and its use in the public sector. OECD Working Papers on Public Governance, (28), 1-53.
Hyvärinen, H., Risius, M., & Friis, G. (2017). A blockchain-based approach towards overcoming financial fraud in public sector services. Business & Information Systems Engineering, 59(6), 441-456.
Cheng, S., Daub, M., Domeyer, A., & Lundqvist, M. (2017). Using blockchain to improve data management in the public sector. Retrieved May, 18, 2018.
BC in Healthcare...
Mettler, M. (2016, September). Blockchain technology in healthcare: The revolution starts here. In 2016 IEEE 18th international conference on e-health networking, applications and services (Healthcom) (pp. 1-3). IEEE.
International trade...
Ganne, E. (2018). Can Blockchain revolutionize international trade?. Geneva: World Trade Organization.
Supplychains...
Epps, T., Carey, B., & Upperton, T. (2019). Revolutionizing Global Supply Chains One Block at a Time: Growing International Trade with Blockchain: Are International Rules Up to the Task?. Global Trade and Customs Journal, 14(4), 141-150.
Law...
De Filippi, P. D. F. (2018). Blockchain and the law: The rule of code. Harvard University Press.
media...
Bhowmik, D., & Feng, T. (2017, August). The multimedia blockchain: A distributed and tamper-proof media transaction framework. In 2017 22nd International Conference on Digital Signal Processing (DSP) (pp. 1-5). IEEE.
Entertainment...
Dutra, A., Tumasjan, A., & Welpe, I. M. (2018). Blockchain is changing how media and entertainment companies compete. MIT Sloan Management Review, 60(1), 39-45.
Business and Business Strategy
Bai, C.A., Cordeiro, J. and Sarkis, J., 2020. Blockchain technology: Business, strategy, the environment, and sustainability. Business Strategy and the Environment, 29(1), pp.321-322.
Tourism
Valeri, M., 2020. Blockchain Technology: Adoption Perspectives in Tourism. In Entrepreneurship and Organizational Change (pp. 27-35). Springer, Cham.
Security
Gaurav, A.B., Kumar, P., Kumar, V. and Thakur, R.S., 2020. Conceptual Insights in Blockchain Technology: Security and Applications. In Transforming Businesses With Bitcoin Mining and Blockchain Applications (pp. 221-233). IGI Global.
Internet of things
Bhadoria, R.S., Nimbalkar, A. and Saxena, N., 2020. On the Role of Blockchain Technology in the Internet of Things. In Advanced Applications of Blockchain Technology (pp. 129-140). Springer, Singapore.
Kelechi, G., Akujuobi, C.M., Sadiku, M.N., Chouikha, M. and Alam, S., 2020, February. Internet of Things and Blockchain Integration: Use Cases and Implementation Challenges. In Business Information Systems Workshops: BIS 2019 International Workshops, Seville, Spain, June 26–28, 2019, Revised Papers (Vol. 373, p. 287). Springer Nature.
Dedeoglu, V., Jurdak, R., Dorri, A., Lunardi, R.C., Michelin, R.A., Zorzo, A.F. and Kanhere, S.S., 2020. Blockchain Technologies for IoT. In Advanced Applications of Blockchain Technology (pp. 55-89). Springer, Singapore.
Artificial Intelligence
Arora, M., Chopra, A.B. and Dixit, V.S., 2020. An Approach to Secure Collaborative Recommender System Using Artificial Intelligence, Deep Learning, and Blockchain. In Intelligent Communication, Control and Devices (pp. 483-495). Springer, Singapore.
Muthukrishnan, S. and Duraisamy, B., 2020. Blockchain Technologies and Artificial Intelligence. In Advanced Applications of Blockchain Technology (pp. 243-268). Springer, Singapore.
Blockchain of Things (BCoT)
Miraz, M.H., 2020. Blockchain of Things (BCoT): The Fusion of Blockchain and IoT Technologies. In Advanced Applications of Blockchain Technology (pp. 141-159). Springer, Singapore.
Geographical Information Systems
Mendi, A.F. and Çabuk, A., 2020. Blockchain Applications in Geographical Information Systems. Photogrammetric Engineering & Remote Sensing, 86(1), pp.5-10.
Academics
Themistocleous, M., Christodoulou, K., Iosif, E., Louca, S. and Tseas, D., 2020, January. Blockchain in Academia: Where do we stand and where do we go?. In Proceedings of the 53rd Hawaii International Conference on System Sciences.
You can have many different answers according to the single jurisdictions involved. You must consider that the application of blockchain technology to industry is concerning inevitably the kind of regulation given to it. If you consider the more blockchain-friendly regulations all over the world, with no doubt the payment sector is the most involved until now. However, there are applications also in other sectors such as logistics, supply chain and IP.
There are various available option, but i am listing few of them as:
1. Civil Registry for Journalism
2. Medcredits for medical
3. Blockchain of things as IOTA (you can also see my project on this)
4. Samsung is currently working on education with blockchain
6. Phillips healthcare blockchain
7. IBM for Internet of things
8. Severals banks have already used cryptocurrency
9. Adchain registry for advertising
A list of US-based companies using blockchain technology:
LBM, Steem, Gemini, Voatz, Coinbase, Chronicled etc.
BC in Banking...
Guo, Y., & Liang, C. (2016). Blockchain application and outlook in the banking industry. Financial Innovation, 2(1), 24.
Sharing KYC info.
Bhaskaran, K., Ilfrich, P., Liffman, D., Vecchiola, C., Jayachandran, P., Kumar, A., ... & Teo, E. G. (2018, April). Double-blind consent-driven data sharing on blockchain. In 2018 IEEE International Conference on Cloud Engineering (IC2E) (pp. 385-391). IEEE.
cryptocurrency and blockchain technology to mitigate financial risk ...
Fatoki, O. I., & Wanjagi, J. (2019). The Future of Kenyan Banks: Mitigate Financial Risk Using Cryptocurrencies and Blockchain Technology. RAIS Journal for Social Sciences, 3(2), 69-84.
DLT can transform financial markets and payments …
Chatfield, A. T., & Reddick, C. (2019). Blockchain Investment Decision Making in Central Banks: A Status Quo Bias Theory Perspective.
… Asian banks are also exploiting blockchain with banks in India turning to blockchain to speed up internal trade deals (Sajita & Antony, 2018) …
Hassani, H., Huang, X., & Silva, E. (2018). Banking with blockchain-ed big data. Journal of Management Analytics, 5(4), 256-275.
In May 2019, Barclays invested in Crowdz, a blockchain-based B2B payments startup that helps companies collect payments and automate digital invoices....
Encrypted messaging app Telegram raised $1.7B from private investors before canceling the public sale of its planned $1.2B initial coin offering (ICO). Around a year later, the company launched the test client for its blockchain-based TON (Telegram Open Network).
In Hedge funds... Numerai takes the strategy and creates a meta-model to make trades. In some ways it’s a blockchain-based spin on Quantopian‘s model for rewarding data scientists, except it’s less a competition and more an invisible collaboration... https://www.cbinsights.com/
One blockchain voting startup, Follow My Vote, has released the alpha version of its stake-weighted end-to-end blockchain voting solution.
Platforms like uPort think there’s a future where your identity can be easily carried with you around the internet.
IBM has also released a blockchain-enabled identity management tool called IBM Verify Credentials.
Companies like Xage, for example, are employing blockchain’s tamperproof ledgers to sharing security data across industrial device networks. For example, using its blockchain-enabled KSI (Keyless Signature Infrastructure), cybersecurity startup Guardtime tags and verifies data transactions... www.cbinsights.com
Startup Arcade City, for example, facilitates all transactions through a blockchain system. Arcade City operates similarly to other ride-sharing companies but allows drivers to establish their rates (taking a percentage of rider fares) with the blockchain logging all interactions.
In 2017, Brave crowdfunded $35M in 30 seconds during its Basic Attention Token (BAT) ICO, geared towards compensating advertisers and users. Instead of a middleman like Google or Facebook’s ad arm, advertisers will list directly onto Brave’s blockchain-based browser.
One high profile project here is Enigma, which claims MIT and Flybridge Capital as supporters. Enigma is the developer of Catalyst, an off-chain decentralized exchange and investment platform that works without the need of a third party to act as clearing house.
Another high-profile decentralized exchange is Ethererum-based 0x.
https://www.cbinsights.com/
Sony Global Education, for example, has developed a new educational platform in partnership with IBM that uses blockchain to secure and share student records.
Learning Machine, a 10-year-old software startup, has collaborated with MIT Media Lab to launch of the Blockcerts toolset, which provides an open infrastructure for academic credentials on the blockchain.
In 2015, Visa partnered with transaction management startup DocuSign on a proof-of-concept project that used blockchain to streamline car leasing — transforming it into a “click, sign, and drive” process.
IBM and Samsung have been working on a concept known as ADEPT (Autonomous Decentralized Peer-to-Peer Telemetry), which uses blockchain-type technology to form the backbone of a decentralized network of IoT devices. With ADEPT, a blockchain would serve as a public ledger for a massive amount of devices, which would no longer need a central hub to mediate communication between them...
https://www.cbinsights.com/
Storj offers a blockchain-enabled cloud storage network to improve security and lower the transaction costs of storing information in the cloud.
Salesforce, which provides cloud solutions for businesses, recently announced Salesforce Blockchain. The product builds on the CRM software Salesforce is known for with smart contracts and blockchain-based data sharing.
Augur, built on the Ethereum blockchain, allows users to forecast events and be rewarded for predicting them correctly...(cbinsights)
Muzika, a blockchain-based music streaming platform, partnered with Binance, a crypto-exchange network, to try and help independent artists make money from their listeners. Muzika states that it plans to give 90% of revenue to the artists.
Before pivoting into an entertainment think tank, Mycelia was launched with a focus on producing “intelligent songs” supported by blockchain technology and cryptocurrencies. Ascribe.io, a product of BigchainDB, also works to provide a trackable, verifiable record of ownership between artists and their work.
British blockchain startup JAAK also has plans to work with music rights holders and other entertainment-industry stakeholders.
Dutch bank ABN AMRO’s investment division is partnering with investment platform BUX to create a blockchain app called STOCKS. The app will keep users’ ABN AMRO money in a blockchain bank account for stock trading. The use of a private blockchain is aimed at saving money for users and the bank.
TØ.com, a subsidiary of Overstock, wants to enable stock transactions online using blockchain tech. The “t zero” platform integrates cryptographically secure distributed ledgers with existing trading processes
Blockchain startup 'Chain' helped orchestrate a live blockchain integration that successfully connected Nasdaq’s stock exchange and Citi’s banking infrastructure...( https://www.cbinsights.com/ )
'Propy' is seeking to offer secure home buying through a blockchain-based smart contract platform. All documents are signed and securely stored online, while deeds and other contracts are recorded using blockchain technology as well as on paper.
Tech startup 'Ubitquity' offers a Software-as-a-Service (SaaS) blockchain platform for financial, title, and mortgage companies. The company is currently working with Land Records Bureau in Brazil, among other stealth clients, to input property information and record documents through the blockchain.
Companies like Airbnb, Tujia, Wimdu, and others provide a way for people to temporarily exchange assets — including private homes — for monetary value.
Together with blockchain startup 'Stratumn', which helps developers build trustworthy applications enabled by Blockchain features, professional services firm Deloitte and payment services provider Lemon Way recently unveiled a blockchain-enabled solution called LenderBot.
Tierion is a blockchain startup that has built a platform for data storage and verification in healthcare; it partnered with Philips Healthcare in the Philips Blockchain Lab in 2018.
Another startup, Hu-manity, partnered with IBM on an electronic ledger that is trying to give patients more control over their data. Hu-manity’s stated mission is to create “Fair Trade Data practices” that would enable the patient to profit from consenting to share data...( https://www.cbinsights.com/ )
Provenance, is building a traceability system for materials and products, enabling businesses to engage consumers at the point of sale with information gathered collaboratively from suppliers all along the supply chain (and thus substantiate product claims with trustworthy, real-time data).
Others include Hijro (formerly Fluent), which offers an alternative platform for lending into global supply chains, and Skuchain, which builds blockchain-based products for the business-to-business trade and supply chain finance market.
In a different direction, the government of Rwanda is working with UK-based startup Circulor with the goal of tracing and removing sources of funding for conflict materials.
As with other industries, the distributed ledger could minimize (or eliminate) the need for intermediaries. Startups like Transactive Grid — a joint venture between LO3 Energy and Brooklyn-based Ethereum outfit Consensys — are rethinking the traditional energy-exchange process.
two major Spanish power companies — Acciona Energy and Iberdrola — are using blockchain to certify that energy is clean by tracking its origins... ( https://www.cbinsights.com/ )
The Jetcoin Institute, has promoted the idea of fans using cybercurrency — in this case, “Jetcoins” — to invest in their favorite athletes and receive small a portion of the athlete’s future earnings (as well as VIP events, seat upgrades, and so on).
Another startup, Loyyal, is innovating to make loyalty incentives more easily exchangeable across different sectors (think multi-branded “Airline/Retailer/Consumer” rewards) by using blockchain to support and verify their value.
Some US states are taking it upon themselves to realize the benefits of blockchain: the Delaware Blockchain Initiative, launched in 2016, aims to create an appropriate legal infrastructure for distributed ledger shares, to increase efficiency and speed of incorporation service...
Illinois, Vermont, and other states have since announced similar initiatives. Startups are assisting in the effort as well: in Eastern Europe, the BitFury Group is currently working with the Georgian government to secure and track government records.
A startup called Blocksafe is focusing on creating a blockchain-based system for weapons tracking and accountability
Blockchain Technologies Corp. is developing a self-executing will system with a blockchain that will automatically check the government’s “Death Master File,” maintained by the U.S. Social Security Office, to verify that a person did in fact pass.
Startups like OpenBazaar are developing decentralized blockchain utilities to connect buyers and sellers... OpenBazaar operates as an open-source, peer-to-peer network offering merchants no fees and no restrictions on what can be sold... ( https://www.cbinsights.com/ )
Bitcoin-based charities like the BitGive Foundation use blockchain’s secure and transparent distributed ledger to give donors greater visibility into fund receipt and use.
a beta version of GiveTrack, a blockchain-based multidimensional donation platform that provides the ability to transfer, track, and provide a permanent record of charitable financial transactions across the globe. By leveraging GiveTrack, charities can drive stronger trust with donors.
Startups are innovating to bring these benefits to law enforcement. Chronicled is developing sealable, tamper-proof containers with near-field communications chips that register container contents through a blockchain system — creating an ideal solution for evidence management in law enforcement.
Elliptic, meanwhile, is developing a system to continually scan bitcoin registries, uncovers complex relationships within the transactions, and flag suspicious transactions/histories for potentially alerting law enforcement.
Chronobank is one blockchain project aimed at disrupting the HR/recruitment industry, with a specific focus on improving short-term recruitment for on-demand jobs (in cleaning, warehousing, e-commerce, and so on). .. https://www.cbinsights.com/
The Boardroom app, for example, provides a governance framework and app enabling companies to manage smart contracts on the public and permissioned Ethereum blockchains.
Aragon is going even further, using blockchain to “disintermediate the creation and maintenance of companies and other organizational structures.”
Lumeno.us is one startup using blockchain technology to make business credit reports more accurate, transparent, and shareable.
Stealth startup in this area is Genesis of Things, which is working to combine 3D printing, blockchain, and IoT-sensor technologies to create more advanced manufacturing processes.
the movie BRAID became the first major feature film to be financed through a token “crowdsale” on the Ethereum blockchain through its $1.7M campaign on Weifund.
Initial Coin Offerings (ICOs), in which companies sell cryptocurrency-backed tokens in their companies in the same manner as a publicly-traded company sells stock, are another example of blockchain-powered crowdfunding. Startups such as OpenLedger make that possible.
Individuals may soon invest in real estate using “crypto crowdfunding,” as well: Singapore-based Real Estate Asset Ledger (REAL) intends to use blockchain technology to inject greater liquidity and transparency into real estate investing.
One existing example of a commodity-backed cryptocurrency is Digix’s DGX. Each DGX is equal to 1 gram of real gold, and every gold bar backing the DGX tokens is openly verifiable by the public.
In December 2017, San José State University’s School of Information received a $100K grant from the Institute of Museum and Library Services to fund a year-long project exploring the potential of blockchain technology for information services.
Hirsh and Alman’s work has caught the attention of the American Library Association’s Center for the Future of Libraries. They will work with the ALA on a book project involving case studies of how blockchain is affecting libraries and what they project will be accomplished in the future.
Most industries are already towing with the idea of blockchain and how to implement it. The main reasons driving them is on how to cub corruption, theft, and loss of money. Banks are leading in this front of adoption more so banks in India.
Authorship allows writers to publish their work on the platform. Readers can purchase the books from the platform using Authorship Tokens (ATS), an Ethereum-based cryptocurrency, and writers get 90% of royalties in ATS.
PageMajik is a workflow management system designed to streamline the publishing process.
In 2018, WWF partnered with ConsenSys and SeaQuest Fiji to implement a blockchain system that verifies where, when, and how tuna fish was caught.
At CES 2018, Kodak unveiled its plan to launch its own cryptocurrency, KODAKCoin, to ensure that photographers are paid appropriately for usage.
KODAKCoin is backed up by a blockchain ledger and image rights platform called KODAKOne, which allows photographers to securely register new and old work.
The United Nations World Food Programme (WFP), for example, has been utilizing blockchain as a way to distribute humanitarian assistance to refugees in a secure, private way.
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