Real blockchain adoption use cases that will get your thinking right
HANOI, Vietnam, 11 August 2022 /PRNewswire/ — Blockchain has recently been a trendy buzzword, not only for tech-savvy people, but also for the general public. Every year, thousands of new Blockchain projects are launched with the ambition to conquer the new peak of this promising technology.
In the past, when hearing the term “Blockchain”, people may immediately think of cryptocurrencies used for financial and investment purposes. From their perspective, Blockchain is an advanced technology that is hardly adopted in real life. However, according to MR. Le Minh Tuan (Tommy Lee), CEO and co-founder of SotaTek, Blockchain technology can be utilized in traditional economic sectors such as agriculture, healthcare, education, entertainment, etc.
SotaTek jumped into Blockchain at the end of 2016 and had been through the “Blockchain Boom” in 2017, 2018 and 2019. Currently, SotaTek owns 1000+ experienced employees and cooperates with a number of global firms such as Algorand, Klaytn Foundation, Cardano Foundation, Near, Kyber etc as a long-term and strategic technology partner. We help customers effectively adopt Blockchain technology while optimizing operating costs.
What is the right approach to using blockchain technology in multi industries?
Blockchain technology improves accountability and efficiency across many businesses in various industries. Therefore, there is a reason why more and more companies are using it in reality, especially the best blockchain development companies that can master the techstack, choosing the right use of both public blockchain and private blockchain. Since not everyone can have this right approach, it is important to have the right mindset for it, especially with real case studies. Let’s take a look at some successful Blockchain projects SotaTek, Top Blockchain Development Company in Asia Pacificto gain a deeper understanding.
1. Blockchain Use Cases in Education
While fake diplomas were a growing problem in the education sector, SotaTek was proud to be chosen as a trusted technology partner by Ministry of Education and Training (MOET Vietnam) to create a system for storing a large number of certificates and solve the problem of forged diplomas.
From 2020-2021, all degrees awarded by educational institutions from upper secondary school to university level will be included in the national diploma systemaccording to the Ministry of Education’s proposal.
With years of experience in Blockchain application development, SotaTek took on the task of planning, designing, developing and commissioning this system.
After 2 months of implementation with 23 technology experts, the application is officially operational. It is perfectly suited to manage, authenticate and use information from diplomas, while saving administrative costs and offering strict administration.
With the strategic cooperation between SotaTek and MOET Vietnam, fake degrees will not be able to be displayed or verified on the system. Since then, the problem of fake diplomas will gradually be pushed back and completely eliminated in the future. This is also the first time the Blockchain application has been adopted by the Vietnamese government, and marks an important milestone in the development of this industry.
2. Blockchain Use Cases in the healthcare system
In 2019-2020, during the stressful early stages of the Covid-19 pandemic, countries worldwide must immediately universalize immunization to limit deaths and community transmission. However, since people’s movements are extremely complicated, managing their immunization information faces several challenges.
Understand the importance of information storage, the Ministry of Health in a country in Southeast Asia began to push our customers (customers who require information security) to find a solution to manage citizens’ movement history and vaccination information
That is why customers came to SotaTek and expected us to support them as a technology partner. After 3 months of research and testing, SotaTek’s Blockchain experts have successfully launched “Application for public vaccination treatment”.
Here are the working processes of this app: When users enter their Covid-19 vaccination information into the program, the system determines which public areas they have moved to (stores, schools, hospitals, etc.) and updates their vaccination status. Then all data will be sent to the Blockchain system, which is optimized for absolute security. This app also provides a management admin page to find information about a specific user’s movement history when they are infected with Covid-19.
The application was immediately implemented for 32 million people nationwideassists the authorities in controlling the number of people infected with COVID-19, as well as their travel history, therefore limiting the spread of the disease.
3. Blockchain Use Cases in the IDO Launchpad
In the Launchpad field, SotaTek has supported our customers in developing Red dragon – a platform used to build decentralized applications, capable of connecting to the DeFi and Web 3.0 ecosystem using Blockchain technology.
With over 10 years of experience in working with international firms, SotaTek’s 12 technical experts took charge of this project with these main programming languages: React, Node JS and Solidity.
After 4 months of research and development with our experts, Red dragon was launched and successfully met the demand of IDO investors. Furthermore, Red dragon was recognized as Top rated IDO Launchpad for the crypto companies, making it one of the best launch platforms for Defi projects built on Ethereum Blockchain, Binance Smart Chain and other platforms.
4. Blockchain Use Cases in Entertainment
While the future of the video game industry is witnessing many new games after a big hit with NFT, MetaMerge stands out as the GameFi hybrid game that combines traditional games and games on one Blockchain platform. IT developers behind MetaMerge expect the game to solve the existing zero-sum game problem and open a new direction for the Blockchain game series in the future.
Blockchain developers at SotaTek and game studio BBOLD have collaborated to map out a strategic plan, aiming to create the world’s top-quality Blockchain game, which is widely popular on electronic and mobile software.
MetaMerge is a blockchain-based merger game that allows players to collect tokenized assets in the form of tokens and non-fungible tokens (NFTs). MetaMerge players will take on the role of the owner of a magical land to explore, build and protect their own islands. MetaMerge aims to be the world’s best game that allows players to interact with friends through in-game social methods and PvP combat.
5. Blockchain Use Cases in production
Previously, the manufacturing industry was in Vietnam was believed to barely adapt to the rapid development of Blockchain technology, but now this industry is experiencing such an extremely positive transformation.
One of the most optimal Blockchain solutions introduced in the manufacturing industry by SotaTek is the “Used Vehicle Query Application”, a result of a 12-week research conducted by SotaTek’s software engineers.
The application was built by 11 Blockchain developers to retrieve information about sold vehicles along the value chain, allowing buyers to approach transparent vehicle information, helping to meet customers’ current needs. In particular, the application also allows distributors and used car dealers to know exactly where the product has problems in the production chain and thus minimize the average repair time.
Currently, the blockchain application has been trusted by 2000+ reputable motorcycle dealers in the Vietnam and 800+ distributors in Asia-Pacific region.
SotaTek – A trusted enterprise blockchain development partner
Currently, the blockchain application has been trusted by 2000+ reputable motorcycle dealers in the Vietnam and 800+ distributors in Asia-Pacific region.
Having removed barriers to consider Blockchain as virtual currency, this technology can be used flexibly much more. With SotaTek, Blockchain is the future of the digital economy, and therefore one of the top priorities of the SotaTek Board of Directors in the strategy for sustainable development is to focus on deploying multi-industry solutions to support partners in all industries such as health, manufacturing, education, insurance, law.. .
With 1000+ technology engineersduring the last 7 years, Sotatek has collaborated with 25 countries and successfully implemented 500+ projects for global customers. Currently owns SotaTek the largest Blockchain development workforce in Southeast Asia. We believe that, with our technological capabilities, SotaTek will be a reliable companion and a reliable partner to bring the most perfect and optimal solutions for your business.
Learn more about SotaTek Blockchain projects here: https://www.sotatek.com/portfolio/
SOURCE SotaTek JSC,.
