Blockchain in Everyday Life: Unlocking Trust in a Digital World
- Author Sudip Chakraborty
- Co-Author Deep Chakraborty
- DOI https://ww
- Country : India
- Subject : Computer Science and Information Sciences
Keywords : blockchain, digital trust, decentralization, smart contracts, supply chain, digital identity, healthcare data security, decentralized finance, scalability, interoperability, transparency, data integri
Abstract
The integration of blockchain technology into everyday life is rapidly transforming how individuals, businesses, and governments build trust, exchange value, and secure data in the digital age. This paper examines the expanding influence of blockchain beyond cryptocurrencies, highlighting its potential to transform transparency, security, and decentralization across various sectors. We examine real-world applications, including smart contracts, supply chain verification, digital identity management, healthcare data security, and decentralized finance (DeFi), illustrating how blockchain fosters trust without relying on centralized intermediaries.
The paper also addresses the challenges of scalability, interoperability, and regulatory compliance that hinder mainstream adoption, as well as innovative solutions currently under development. Through case studies and analysis of current trends, we showcase how blockchain enhances data integrity, reduces fraud, and empowers individuals to control their digital footprints. Additionally, this paper explores the societal and economic implications of integrating blockchain technology into governance, education, and daily consumer interactions. We conclude by envisioning a future where blockchain is seamlessly integrated into daily life, enabling transparent, secure, and verifiable digital interactions. By unlocking trust in the digital world, blockchain holds the potential to reshape industries, build stronger communities, and promote inclusivity in the global digital economy.
Comments
No have any comment !