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Top 5 Industries That Stand To Benefit Most From Blockchain | by venkat vajradhar | Sep, 2020 | Medium
10. Public Benefits
Election Security: The technology offers the four features needed by an accurate, secure, and trusted voting system: Security: The fundamental nature of blockchain technology makes it nearly impossible to enter fraudulent data into the system. Transparency: It is not possible to change votes or other data in a blockchainbased system, at least without raising clear red flags. Accessibility: With this new level of security, elections can be safely conducted online, available to any citizen who has a mobile device or computer. Pro: Because each record, or vote, receives the date, timestamp, and hash of the previous block, auditing for errors or frauds is a fast and easy automated process.
Business Hiring: In fact, today’s pre-employment screening procedures usually fail to verify that the resume is accurate and complete. No matter how diligent the hiring manager is, the unconfirmed decades-old credential or previous employer seems to be out of reach. Blockchain and other DLTs can help with this, just as they can with voting. https://medium.com/@pvvajradhar/top-5-industries-that-stand-to-benefit-most-from-blockchain-a39aa648ed3a
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