An Application of Blockchain: A Review

Abstract

Population growth and urbanization have accelerated waste generation, making waste management a global challenge. Technological advancements such as IoT, big data analytics, cloud computing, machine learning, and blockchain have supported various approaches to waste management. Blockchain provides information security, integrity and data record keeping, making it attractive for conventional garbage. However, many people have not yet accepted it. This research paper provides an overview of blockchain’s role in waste management and explores its potential to integrate IoT, AI, and social research. The adaptability of blockchain technology is becoming more and more apparent as more businesses investigate its possible uses. Although the financial services industry has received the majority of attention to yet, blockchain is starting to be incorporated into the operations of other service-related industries, such as healthcare. This paper explores the various ways that blockchain technology can be applied to the healthcare sector. The paper illustrates possible effects, goals, and possibilities related to this disruptive technology using instances from public healthcare administration, patient-centered medical research, and pharmaceutical anti-counterfeiting initiatives.