The Promise of Blockchain Technology: Transforming

Industries, Trust and Securities

Presented By:
Pranjal Subedi
Westcliff University, California, USA
COM102: Composition 2
Prof. Deepa Silwal
August 20, 2023
Table of Contents
• Introduction
• Evolution of Blockchain
• Scientific Foundation
• Impact on Businesses‘
• Positive Effects on Social System
• Restrictions and Challenges
• Connectivity and Coordination
• Confidentiality and Safety
• Digital Security and Privacy
• Sustainable Development and Environmental
Effects
• Blockchain in Administration and Law
• Future Developments and Potential Uses
• Rebuttal of Challenges
• Conclusion
Introduction

01 An innovative digital innovation that has transformed

numerous industries and approaches

Blockchain is reshaping information control, and

02 protection, and consider a digital technology

The evolution of blockchain is having a significant

03 effect on industries, social systems, and digital
protection

04 Blockchain has the transformative potential

 Evolution of Blockchain

Birth of Beyond Ethereum ICOs Diverse

Blockchain Bitcoin Application

2008 2011 2015 2017 2020

 Scientific Foundation

Digital era for ledgers

Decentralized garage of information

Consensus algorithms for transaction authenticity

Clever contracts for automated transactions

 Impact on Businesses’

Enhanced healthcare records security and accessibility

Deliver chain traceability and duty

Disrupting traditional finance via DeFi

Green move-border transactions

 Positive Effects on Social System

A
Comfy and handy digital balloting
structures

Blockchain's role in selling ecological

projects
B
C Transparent charitable initiatives

Empowering training verification

D
 Restrictions and Challenges

Scalability challenges in handling excessive transactions (Asma et al., 2023)

Environmental concerns and strength consumption (Hwang et al., 2020)

Regulatory issues and absence of requirements (Neitz et al.,

2021)

Facts privacy and security concerns (Hwang et al., 2020)

 Coordination and Connectivity

Frictionless conversation among blockchain networks

(Thurner et al., 2018)

Public-non-public collaborations riding advancements

Industry standardization for scalability and adoption (Neitz et al.,

2021)

Improving delivery chain efficiency (Xu et al., 2021)

 Confidentiality and Safety

Immutable and secure data records (Asma et al., 2023)

Encrypted facts transmission (Hwang et al., 2020)

Robust identification through blockchain (Thurner et al.,

2018)

Ensuring virtual security and privacy (Asma et al., 2023)

 Sustainable Development and Environment

Power-efficient consensus mechanisms (Hwang et al.,

2020)

Eco-friendly strategies for blockchain sports (Neitz et al., 2021)

Inexperienced electricity resources for mining (Xu et al.,

2021)

Blockchain's function in carbon credit (Neitz et al., 2021)

 Blockchain in Administration and Law

Decentralized decision-making structures (Thurner et

al., 2018)

Smart contracts in felony arrangements (Brandin et al.,

2021)

RegTech solutions for compliance and duty (Neitz et al.,

2021)

Streamlined administrative approaches (Thurner et al.,

2018)
 Future Developments and Potential Uses

Tokenization of property and fractional ownership

(Anwar et al., 2022)

Remodeling economic services thru DeFi (Asma et al., 2023)

IoT integration for more desirable protection (Xu et al.,

2021)

Blockchain's role in securing digital identities (Thurner

et al 2018)
 Digital Security and Privacy

Empowering people with information control (Hwang et

al., 2020)

Self-sovereign identification solutions (Thurner et al., 2018)

Privateness-improving technology (Asma et al., 2023)

Enhancing online security and information privacy

(Hwang et al., 2020)
 Rebuttal of Challenges

Imposing sharding and layer- solutions (Asma et al.,

2023)

Self-sovereign identification answers (Thurner et al., 2018)

Privacy-enhancing technologies (Asma et al., 2023)

Improving online safety and data privacy (Hwang et al.,

2020)
 Conclusion

The capacity of blockchain technology to revolutionize industries,

establish believe, and reshape securities has been emphasised.

The presentation has explored its ancient evolution, enterprise effect,

societal results, and future possibilities.

Blockchain's ability to enhance performance, transparency,

and safety is pivotal for our digital age.

Embracing responsible integration, collaborative efforts, and

ongoing research will liberate its complete transformative capacity.
 References
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Floor for Discussion

If any queries, feel free to ask.

Thank You!