About Lesson
Blockchain has a wide range of real-world applications. It can be used in supply chain tracking, healthcare for managing patient records, digital identity systems, decentralized finance (DeFi), gaming, and intellectual property protection. The technology ensures transparency, reduces fraud, and builds trust by making all interactions verifiable and tamper-proof.
Example Shown in Video: IBM Food Trust uses blockchain to track food products from farm to table, allowing consumers and companies to trace their food’s journey.