Blockchain Advances, Applications, and Benefits in Various Sectors
Blockchain Advances, Applications, and Benefits in Various Sectors
DOI:
https://doi.org/10.51473/rcmos.v1i2.2025.1314Keywords:
Blockchain Technology. Smart Contracts. Financial Sector. Supply Chain, Decentralization. Technological Innovation.Abstract
This paper explores the impacts of Blockchain Technology, focusing on Smart Contracts and their practical applications in the financial, healthcare, and supply chain sectors. The objective is to delve into the innovation provided by blockchain, highlighting its disruptive potential and associated benefits. The methodology involves a comprehensive literature review, analysis of practical cases, and considerations on challenges and limitations. In the financial sector, blockchain's decentralization, exemplified by Bitcoin, redefines transactions, eliminating intermediaries and promoting financial inclusion. In healthcare, decentralized medical records aim to improve data interoperability and security. In the supply chain, blockchain enables efficient tracking and transparency. Smart Contracts emerge as a revolutionary facet, automating agreements and reducing bureaucracy. Companies like Google, IBM, and Oracle actively explore this functionality. Despite the benefits, legal and regulatory challenges, such as the immutability of blockchain, are critical considerations. Considering future technological advancements (Blockchain 3.0) and integration with other emerging technologies such as Artificial Intelligence and the Internet of Things, blockchain promises significant transformations. In conclusion, blockchain technology not only redefines transactions but also shapes the future of technological innovation.
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Copyright (c) 2025 Emanuela Rabello de Oliveira (Autor)

This work is licensed under a Creative Commons Attribution 4.0 International License.