2 Use Cases of Blockchain You Didn’t Expect
We’ve covered so many applications of blockchain so far, but what about applying it to such cases as forensic evidence or anti-doping control? For sure, blockchain will make them resistant to hacking and data tampering. In their turn, blockchain-backed smart contracts will automatically disclose violations to the public if any.
Read this post to know why the current systems within forensic evidence and sports require enhancement through blockchain.
Blockchain Can Keep Police Investigation Evidence Safely
According to the FBI report, only during the first half of 2017, there were 2.7 million crime cases recorded in the USA. It means that there is a huge number of digital and physical evidence that can be potentially stolen, forged, or destroyed. In the wake of such negligence, innocent people can go to jail because of the tampered facts, whereas perpetrators can be released because of the lack of evidence.
Blockchain can put this right by keeping data safe and preventing it from hacking. Being inherently decentralized, the technology stores data on each of its nodes simultaneously, without any centralized point of access. As blockchain allows only authorized connections and logs any alterations instantly, leaks of forensic evidence recorded on blockchain are nearly unachievable. The append-only way of storage guarantees data integrity, with no forging possible.
Are there any known solutions in this sphere? No, there are not yet. And this is a great opportunity for those developing blockchain-backed software. However, governments are awakening to this opportunity. In September 2017, China’s Ministry of Public Security patented its own solution in this realm. The software that is being developed by the Ministry is expected to protect forensic evidence from unauthorized access, preventing forging, leaking, or deleting data.
If you’d like to grasp this opportunity and introduce your own solution to the market shortly, the most cost- and time-efficient way to do this is to go with the genEOS blockchain platform. It delivers ready-made functional components, such as decentralization, witnessing, and access permissions.
Blockchain Can Reveal Doping Violations
Have you heard that story about the Russian athletes who had been doped for four years before the 2016 Olympic Games? It was allegedly a state-sponsored program with Mr. Rodchenkov, Head of Russian National Anti-Doping Laboratory, starring. And this case isn’t unique. Among huge scandals rocking the world, there were Tyson Gay recognized as the Second Fastest Man Alive, cocaine-addicted Diego Maradona, and Jose Canseco claiming that 85% of the baseball league players were taking steroids.
How can blockchain change this? If all the records were stored on blockchain, its smart contracts could automatically inform the public about violations, if any. All the checkups would be transparent and traceable, which is crucial for world-famous athletes. And lastly, blockchain-backed data couldn’t be forged or hidden.
At the moment, there are no analogs of such solutions on the market, so it’s an interesting niche for startups. What’s more, blockchain holds some more mind-boggling opportunities for the sports industry.
Wrapping-up: Are There Any Opportunities for Startups?
There is a variety of niches where blockchain can be adapted. Some of them are more crowded, whereas others have no viable products yet.
Forensic evidence and anti-doping control are just among the segments that could benefit from blockchain but haven’t unlocked its opportunities yet.
- Here are the highlights of how blockchain can improve these areas:
- Data can’t be recorded or changed retroactively.
- All the records need to be witnessed to allow their storing.
- A blockchain-driven system is almost impossible to hack for forging or leaking its data.
- If any violations are detected, the system triggers their promulgation.
So if you haven’t yet found a good idea for your blockchain-led startup, you can choose any of these two options. Be fast to seize this opportunity because more competitors are breathing down your neck.