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The era of Glass Pipes: Blockchain.

Authors :
H., Pratima
Source :
Dataquest; Aug2024, Vol. 40 Issue 8, p23-27, 5p
Publication Year :
2024

Abstract

The article explores the potential benefits of blockchain technology in India across various industries. It highlights how blockchain can enhance transparency, traceability, and accountability in supply chains, as well as streamline processes like land registration and issuing digital certificates. The article provides examples of blockchain adoption in sectors such as cotton, rubber, and finance, emphasizing its potential to transform supply chains and sourcing practices for more sustainable outcomes. However, challenges such as energy consumption, interoperability, and regulatory uncertainty need to be addressed. Bridging the skills gap and promoting education in blockchain can help overcome these challenges and unlock the technology's potential impact. [Extracted from the article]

Details

Language :
English
ISSN :
0970034X
Volume :
40
Issue :
8
Database :
Complementary Index
Journal :
Dataquest
Publication Type :
Periodical
Accession number :
178960842