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Use Cases - Social

Transforming the Social Sector: BestOfBlock and Blockchain for Good

Charity

The most immediate and obvious benefit for charities the adopt blockchain technology is the transparency offered by an open ledger.

Charities have been plagued with having too many middlemen and bureaucracy to deal with to get donations to the recipients. New types of charity arrangements are possible, while donors have more direct access to charity recipients. All it takes is for the recipient to have internet access and a cryptocurrency enabled wallet to receive a direct donation.

Medical Records

Data loss and data leakage is increasing in frequency as hackers are becoming increasingly aware of the weaknesses of centralized medical information storage.

Beyond data loss and leakage, medical records are also difficult to transfer between institutions. Decentralized storage with access restriction allows for timely patient data delivery to a doctor in emergency situations.

Education

Decentralized p2p networks offer the opportunity for institutions to record tests scores, diplomas and degree information on a distributed database, alleviating the numerous associated expenses.

Student data can be accumulated and stored on a single decentralized ledger even when it is gathered by different providers. The opportunities for companies and startups to developing blockchain based solutions for the educational sector is enormous. Early adopters and first movers stand to benefit.

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