Comprehensive Training Curriculum on Blockchain Industry Applications Training Ppt

What is this slide for: Multiple Issues Resolved by Blockchain in Healthcare Industry

This slide covers: This slide illustrates issues that blockchain technology resolves in healthcare industry such as single, longitudinal patient records, master patient indices, claims adjudication, supply chain management, and interoperability.

Instructor’s Notes:

The multiple issues blockchain resolves in healthcare industry are as follows:

Single, Longitudinal Patient Records:

• Blockchain technology will help maintain longitudinal patient records, disease registries, lab results, etc.
• These records will help in delivering better healthcare assistance to the patients

Master Patient Indices:

• By using blockchain technology, multiple data will be stored in the blocks to avoid any data mismatch or overlapping in the system
• The user only requires a unique hash address to identify the records of a particular patient

Claims Adjudication:

• By using blockchain technology, all claims can be delivered after the successful validation and verification of the person's details
• As there is no central authority, the chances of errors are few
• Effective Supply chain management:
• The healthcare organization can monitor all supply-demand cycles by using blockchain-based software
• It can identify all transactions taking place, monitor the successful verification of the contract, and look for any delay in the supply of the products

Interoperability:

• Using a blockchain system, the cost associated with the data reconciliation will be eliminated
• It also helps transform revenue cycle management, drug supply, clinical trial, and prevent fraud

What is this slide for: Advantages of a Blockchain-Based Supply Chain

This slide covers: This slide highlights the key features of a blockchain based supply chain that solves the problems being faced in traditional supply chain management. The listed benefits are cost reduction, improved security, making the supply chain ethical, global compatibility, accelerated process, and provenance.

Instructor’s Notes:

• Transactional Cost Reduction: At its most basic level, the capacity of blockchain-based cryptocurrencies to facilitate cross-border cash transfers without the use of banks means that blockchain technology in the supply chain can accelerate payments while cutting expenses
• Enhanced Security: Blockchain technology is made up of secure "blocks." These are clones of the document, preserved chronologically and linked to preceding blocks. This makes them highly secure and difficult to forge. A hacker would have to make changes to hundreds of copies at once, which is practically impossible to do without the software noticing. Blockchain is an excellent method for protecting your supply chain information from cyber threats
• Making Supply Chain Ethical: Ethical sourcing is a big concern for consumers because of global awareness around blood diamonds and sweat-shops. Consumers want to know more about the origins of their goods and the firms' operations that make them. This has prompted interest in developing an ethical supply chain
• Global Compatibility: Raw materials and final products flow through more third-party hands than ever before as the global supply chain expands. As a result of items moving through so many different third-party providers, safety risks may arise that are hard to identify and track. As a product travels through the global supply chain to its end destination, blockchain delivers real-time updates to address this issue
• Accelerated Process: Blockchain technology, in principle, ensures the integrity of data and transactions. There are fewer errors and disagreements. The necessity for product recalls, or order refills are decreased, which speeds up the entire process. The usage of smart contracts minimizes the necessity for intermediaries or third parties
• Provenance: Provenance is the verified history of ownership, custody, and origin of a specific product such as a lot, a batch, or a serial number in the realm of the supply chain. The transparent structure of blockchain enables an audit of a work of art's provenance and ownership history

What is this slide for: Multiple Attributes of Non-Fungible Tokens

This slide covers: This slide showcases the various characteristics of NFTs such as standardization, immutability, convenient trading and higher liquidity as compared to other art.

Instructor’s Notes:

Features of NFTs are as follows:

• Standardization: The standardization structures are the basis for management, transfer, and ownership of digital assets, upon which features such as quality for displaying NFTs can be modified. This helps in comparing these to other existing contracts in the digital world such as HTML/CSS formats for website content or the PNG and JPEG formats for pictures
• Immutability: Immutability refers to the properties of NFTs that cannot be modified or revised after being issued. Creators can ensure that the fundamental properties stay enforced, and they can also set limits on the supply of NFTs. The shortage of certain assets makes them more valuable, and creators can ensure they remain undersupplied
• Convenient Trading: This is one of the fascinating features as it allows users to trade items outside their original surroundings. The users can use trading programs and procedures to deal in NFTs using any currency
• Higher Liquidity: The simpler it is to trade assets, the higher the liquidity. As non-fungible tokens are instantly tradeable, the route for higher liquidity is paved. Non-fungible assets are displayed to many consumers as NFT marketplaces can feed many users

What is this slide for: Blockchain Solution for Real Estate Challenges

This slide covers: This slide illustrates the solutions provided by blockchain in real estate related problems. It also determines types of difficulties in real estate in which blockchain helps such as expediting the process of searching for property, improved due diligence and financial evaluation, proper management of file and payments, property management, transparency in deed management, and effective real estate investing.

Instructor’s Notes:

The solutions blockchain provides in meeting real estate challenges are:

Faster Property Search:

• Blockchain technology-based system helps decentralize data and enables data sharing in a P2P network
• It helps cut down associated costs by facilitating the brokers in receiving additional data monitoring options
• Improved Due Diligence and Financial Evaluation:
• The use of blockchain technology helps to store all the property-related papers digitally and can be accessed publicly, but cannot be changed
• This makes due diligence and financial evaluation process automated, accurate, and fast

Proper Management of File and Payment:

• The filing process can be simplified by using blockchain-based application
• It helps in bringing transparency in real estate processes by introducing verifiable digital identities for properties

Property Management:

• With the use of blockchain in the property transaction process, real estate industry can be transformed
• Blockchain property management system uses smart contracts to ease the process, from signing lease agreements to regulating cash flow and filing maintenance requests
• It helps automate the payment process between the landlord and a tenant from the start of lease agreement to the end; then, it automatically returns the security deposit back to the tenant

Transparency in Deed Management:

• Deed management issues can be easily resolved using blockchain, as it is an immutable digital record that makes the whole process transparent and secure

Effective Real Estate Investing:

• Blockchain-based system helps the investing process by using the tokenization and fractional ownership concept
• Tokenization is a digital token provided to the owner having a share in the property
• Fractional Ownership is the process of making all the unrelated parties come together to analyze the risk related to investing in real estate