Saturday, December 3, 2022
HomeCrypto NewsAnalysisHow Vechain And Cardano Blockchains Are Changing Everyday Life

How Vechain And Cardano Blockchains Are Changing Everyday Life

- Advertisement -

Yahoo Finance recently published an article about Blockchain use in changing everyday life. The article highlighted Vechain and Cardano blockchain uses in changing life’s.

Read: Top Altcoin To Follow This Week

Blockchain is a revolutionary technology, but the key to its growth is its practical use. While many people know it for its use with cryptocurrencies, there are other ways to integrate blockchain into everyday life.

Read: Popular Reality Television Personality, Kim Kardashian Also Promoting A Shady Crypto Project Ethereum MAX

This ability has captured innovators who use it to improve various areas. From medicine to education, blockchain technology is helping to improve outcomes and change strategies.

Vechain Everyday Life Uses:

  • World’s First Blockchain-based IVF Service App From Vechain And DNV

VeChain has brought the technological potential of blockchain to a new sector in collaboration with DNV and one of China’s most important healthcare facilities, Renji Hospital. The partners launched MyBaby, a blockchain-based service app for In-Vetro fertilization (IVF).

The app purpose is to mitigate the stress associated with IVF process by providing women and their families with a tool to help manage and improve the IVF process. The app enables hospitals to provide better data management services and can help families track their children’s progress.

In addition, the app was created to be a useful tool for reducing the anxiety, depression and stress associated with this process.

Read Also: Ubitquity And Real Items Powered By Vechain Get Together to Leverage Ubitquity NFT Technology

Yahoo Finance Writes:

“MyBaby will be the world’s first blockchain-based IVF service application. With this app, improving data management and providing families with the ability to see the development of their baby clearly, easing some of the pressures of the process.

Read Also: After Successful Launch Of Mybaby, Let’s Look Back On Some Of Vechain’s Prominent Projects In Health And Safety

Due to the immutable nature of blockchain technology, all the information, from imagery produced by medical tools to the delivery of the zygote itself, will be securely uploaded on the VeChainThor blockchain. It will only be available to the authorized users for the MyBaby App.

The project aims to provide all of this while also offering additional security by reducing the number of intermediaries between the production and delivery of the data.”

Read Also: Renji Hospital To Launch The World’s First Blockchain-based IVF Service App Together With Vechain And DNV

  • VeChain Ocean Plastic Cleanup

ReSea Project, a Danish company offering a public solution and Vechain are committed to remove  plastic from oceans and rivers. Resea claimed they were able to clean up 305 metric tons of plastic waste from the ocean, and the results were verified using the VeChain blockchain.

Read: Vechain Demonstrate How Its Advanced Blockchain Technology Contributes To The Fight Against COVID-19 Pandemic

“VeChain’s ToolChain platform documented the entire cleaning process, tracking plastic waste from the point of retrieval to sorting and delivery to the local waste bank. With this solution, ReSea affects the environment in areas with poor waste management.”

  • Digital Certificate protected vaccinations of Covid-19 via E-HCert Application.
  • Bayer AG selected VeChain as tech provider for CSecure, the blockchain solution that allow it to track clinical drugs along the entire supply chain.

Cardano Everyday Life Uses:

Cardano is doing great in Africa. Bringing education to millions of students.

Read Also: Mike Novogratz Criticize Cardano “They Have Done Something To Create This Weird Cult” Charles Hoskinson Responded

Hoskinson believes:

“When these millions of students graduate, as they go into the economy, eventually this infrastructure can be used for buying property, for payments, for voting and all other matters of their economic life,”

Yahoo Finance Writes:

“In Ethiopia, the blockchain is helping improve outcomes for students. Cardano’s recent launch shows how they’re becoming involved in education in the region.

Read: IOHK Researching On ‘Stablefees’ for Cheaper Cardano Transactions

Founded by one of the original Ethereum co-founders, Charles Hoskinson, Cardano might be similar to Ethereum, but it distinguishes itself through a commitment to peer-reviewed academic research.

Read: Nasdaq Admire Cardano As “By The People, For The People” Type Of Currency

In April it announced a partnership with the Ethiopian government that would give it a platform to demonstrate and prove the practical applications of blockchain technology, namely their Cardano network. 

The Ethiopian government signed a deal to create a national database of student and teacher identifications (IDs) using a decentralized digital identity solution.

Read: Cardwallet Passes The Occelerator Incubator Program, And Is Going To Build Cardano First Non-Custodial Full-Featured Wallet For Cardano Native Tokens

The deal involves providing 5 million student IDs across 3,500 schools. The IDs will be used to store educational records for all these students, something that has never been possible in Ethiopia before now.

Hoskinson believes that this deal will go beyond maintaining student records. He feels the technology put in place now will benefit students across Ethiopia for years to come.

Read: Bitrue Exchange Delegated 1,000,000 Cardano To 1LOVE Public Stakepool

Through this system, students won’t have to rely on their final grades to get into university. This will take a holistic approach to view their abilities. It aims to give them a better chance at success.”  

Blockchain technology is being adopted by many large business and companies. Blockchain because of its unique concept is becoming the future.

- Advertisement -
Mark Brennan
Mark Brennan
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

- Advertisment -

Recent News & Articles

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.