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Blockchain Is More Than You Think

Looking below the eye-catching aspect of cryptocurrencies, there’s an underlying technology called blockchain that has more promise than just virtual money. Blockchain, better known as the technology behind Bitcoin transactions, is gaining popularity as multiple uses spread across a diverse range of business sectors. It has the potential to completely change how businesses communicate with one another by acting as a permanent and impenetrable digital record of interactions between various parties.

Therefore, it is not surprising that even governmental organisations are considering using blockchain technology to coordinate inter-agency initiatives and conduct international business. More research shows that blockchain technology has been driving several significant applications, but regrettably, they haven’t attracted as much attention as cryptocurrencies. These are:

  • Coordinating aid for millions
  • Tracking vehicle emissions across Europe
  • Verifying registered business information in Singapore
  • Validation of COVID vaccination
  • Livestock identification in South Africa
  • Crypto beyond speculation – rewarding the setting up of data hotspots

Moreover, assistance, such as food, housing, and other requirements, typically comes from numerous organisations whose efforts overlap when a crisis strikes. A blockchain network facilitates cooperation and real-time information sharing in a setting where all participants have an equal voice and responsibility. Humanitarian initiatives can be coordinated by organisations to increase effectiveness and impact.

Reducing the environmental impact of motorised transportation has become more urgent due to the escalating effects of climate change. The inability to apply a standardised metric across borders and jurisdictions is a current barrier to accurately measuring vehicle carbon emissions.

To address this problem, a trial revealed that it is possible to share vehicle data with a blockchain system, such as fuel usage or pollutants. Officials and other stakeholders will be able to develop rules and incentives to lessen the carbon footprint of automobiles with the help of such data.

Meanwhile, in any commercial transaction, potential partners must be thoroughly investigated. As a result, a reliable database of corporate data is required. This data is stored on the blockchain, making manipulation or errors extremely improbable and enabling real-time verification.

These days, travelling requires several medical documents, including proof of COVID vaccine, swab test results, and other certificates. Blockchain technology is used by HealthCerts, a platform created by GovTech and the Ministry of Health to produce verifiable and tamper-proof digital health papers.

Upon successful authentication and endorsement, travellers can upload their digital papers to acquire a digital certificate with a QR code. These digital certificates are accepted at international border crossings.

Furthermore, a blockchain project in South Africa called BeefLedger aims to address issues with food theft and safety. It gives everyone access to the same information, levelling the playing field in terms of information and giving customers a platform to verify the credentials of cattle products.

Another example also involves cryptocurrency, but it does not take place in the realm of conventional financial market speculation. A wireless data network called Helium encourages users to create “Helium Hotspots” where they can share their internet access. In return, Helium will give its own cryptocurrency, “You receive more cryptocurrency the more people connect to and use your hotspot.”

As the internet of things becomes more prevalent, the corporation is working to increase internet access and make more gadgets connectable. Whatever the current use case for blockchain may be, one thing is certain: things are just getting started, and there will probably be uses in the future that no one has currently considered, and it is much better if people will keep an eye on how blockchain technology is evolving.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.