Industries

Garment

Fashion companies that effectively deploy the right technologies will be able to enhance their competitive advantage by personalising products and shopping experiences and refining logistical processes.

Blockchain is a decentralised and distributed digital record that offers new opportunities for managing product safety, authenticity and ethical standards. AI can help brands and retailers with predictive forecasting, capacity planning and merchandising.

Smart sensors (IoT) located in a shirt (eg. Hexoskin) could track your heart-rate or temperature. This data will provide experts or doctors with valuable information that permits to monitor your health and performance.

Foods

Harnessing the collective power of technology can create new possibilities for a safer, more transparent, and better food system.

Blockchain technology can help prevent and solve food safety issues, especially in the dairy and meat sector.

Blockchain-enabled food supply chain offers an efficient way to leapfrog data collection and storage processes for better farming practices. IoT will automate accurate data collection, blockchain will keep the data intact and secured, plus visible among all stakeholders, and artificial intelligence (AI) can provide insights into improving the production processes and product quality.

Stay

The current approach in real estate aren’t completely transparent because there are several middlemen like brokers, inspectors, lawyers, notary public, escrow companies involved in the process, both buyers and sellers have to pay significant commissions to them.

Blockchain can avoid all these prices by creating a direct connection between buyers and seller for the ownership transaction. The process can be made completely transparent and permanently recorded in a pubic ledger. Title transfer related frauds can also be removed as there would be no involvement of other parties excepting a buyer and a seller.

IoT devices can provide analytics and property details to the buyers so that they can make a well-informed decision before investing in the property. Real estate agents can assure the buyers of the property value by sharing all the stats which in turn would increase the buyer’s confidence about the deal. This will help to boost up the sales and the economy of the whole industry when thought of about on a large scale.

IoT sensors will ensure efficient use of energy, and also reduce the consumption cost and make the electricity bill lighter on your pocket. Imagine that it switches on or off lights automatically when you enter or leave a room. That’s exactly what smart homes do for you.

Logistic

Blockchain allows innovative mobility services, adding traceability and secure financial transactions. The automation process will reduce human errors.

Each party in a supply chain ecosystem can view and be aware of the progress of goods through supply chain like understanding where a container is in transit. They can also view bills, see the status of customs documents, bills of lading and other such data.

Education

Operational efficiency will be greatly improved with the help of IoT and AI technologies. In an environment where several devices are connected, educators can work on creating a more dynamic classroom experience. In a situation where attendance is supposed to be recorded, this will be made incredibly simple by giving students wearable devices that have the tracking ability.

Nowadays, the field of education is in need of central authorities to focus on checking certificates. Using blockchain technology for storing information about one’s level of education will make faking a diploma impossible.

Once put in blockchain, the information about a student’s grades and the courses that have been undertaken will not get lost, and it is impossible to change or falsify the information. At the same time, one can easily access this information with the owner’s consent.

Play

Blockchain comes with affordable micro-transaction benefits as this technology offers a decentralized method. This can allow developers to sell their gaming items at cheap prices without losing profits. Moreover, a user can control his expenditure when playing online games. Data stored with blockchain encryption also makes it impossible for hackers to breach.

primary role of the IoT has always been to collect the data needed for analytics, which in the long run will enable the smart devices and AI to make decisions. Incorporate the use of AI for data collection such as why they stop playing or at times why they switch games.

Recycle

Leverages IoT, smart sensors, and blockchain to develop an innovative recycling system. Its connected precycle smart bins utilise a range of auto-ID technology, geo-location sensors, weight and fill sensors. These bins provide a solution for real-time maintenance by alerting municipal workers to problems with specific waste bins – for example, a low battery, a blocked solar panel, or lack of capacity to hold more garbage.

It also can identify who, when, what and how participants within the ecosystem are using the bins, which in turn allows the business for near-instant cash-pack payments/rewards and efficient collection of the precycled materials. The technology also allows for packaging recovery, supply-chain visibility and impact reporting.

Charity

Using the decentralised and transparent nature of the blockchain allows users to connect to charities worldwide, a way to find interesting projects, make straightforward donations, and a simple way to track your contribution.

AI could transform things like financial reporting and regulation, it could alter the ways in which people are able to support charities, and it could even replace traditional models of governance entirely.