5 Industries Blockchain is Slated to Disrupt in The Coming Years (Infographics) Technological innovation is impacting the businesses severely, making way for new and improvised opportunities

By Aastha Singal

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


Technological advancement has changed our lives more than we'd like to admit. Every passing day, an improvised version of innovation presents itself, opening gates for the sea of new opportunities across the globe. Time has witnessed technological trends changing, one technology dethroning the other as the most exciting way for development and people adapting to the change without a second thought.

Among the n number of emerging technologies set to revolutionize the business models of multiple industries, Blockchain technology has paved its way to top as the largest disruptor of how people look at wealth management. Gone are the days of maintaining traditional spreadsheets on single computers, it is time to adapt the safer, advanced and consistent way of safeguarding the information present on the internet.

Referred to the digital and decentralized ledger system to record transactions in an advanced and secure manner, Blockchain has the potential to transform the way industries work. The technology is making waves among the masses for facilitating secured and transparent digital transactions. From large conglomerate to emerging startups, all have started utilizing the technology across the digital information ecosystem.

The technology was initially developed to make cryptocurrency transaction safe but ended up getting exposed to a larger network. The technology enables the creation of data blocks by verified members of the network before activating the blocks through a distributed network of systems and subsequently connecting to other blocks. The technology can benefit almost every industry but the top 5 on the list are most likely to reform.

Here are 5 industries which can be benefited from the Blockchain technology:

Aastha Singal

Entrepreneur Staff

Former Features Writer

A business journalist looking to find happiness in the world of startups, investments, MSMEs and more. Officially started her career as a news reporter for News World India, Aastha had short stints with NDTV and NewsX. A true optimist seeking to make a difference, she is a comic junkie who'd rather watch a typical Bollywood masala than a Hollywood blockbuster. 

Related Topics


International Security Firm Welcomes Female India Native to an Essential Leadership Position

Yasmin Brar has been appointed as the Operations Strategy Director, a role that underscores the company's commitment to innovation, expansion, and strategic management

Business News

Here Are 3 Strategies Startup Founders Can Use to Approach High-Impact Disputes

The $7 billion "buy now, pay later" startup Klarna recently faced a public board spat. Here are three strategies to approach conflict within a business.

Business News

I Tested the 'Invest As You Shop' App to See If It Really Makes Investing Less Intimidating

Grifin is an app that tailors a user's investments to their spending habits. Now, the app is getting even more personal.

Business News

Vice Will No Longer Publish Content on Its Website, Lays Off Hundreds of Staffers

Vice Media CEO Bruce Dixon announced the news in an internal memo to employees on Thursday.

Growing a Business

How to Bridge the Gap Between Aspirations and Reality in Business

Bringing a vision to life requires a good dose of self-honesty and a multi-year plan for incremental progress.


Save on These Open-Ear Headphones — $30 This Week

Liberate your ears with these wireless, non-invasive headphones discounted for a limited time.