Ashok prasad, Author at MSRvantage

Eliminate the Inefficiencies in Pharmaceutical Industry with Blockchain

The pharmaceutical industry is undergoing massive changes. Historically this industry slows to adopt the technology. Now, this industry is undergoing dramatic transformations with the emergence of several advanced technologies. Blockchain is among the prominent pharma trend in this industry. Increased investments, the growth of technology, increased inter-organizational collaborations, and a favorable regulatory environment are all …

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Transformation of Oil and Gas Industry with Blockchain Technology

Blockchain technology has proven to be a ground-breaking, seamless and profitable solution for a wide range of industries around the world. The energy sector too, is not only looking forward to blockchain technology as a digital solution, but also expects a sustainable future with the application of the same. The global Oil and Gas industry …

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Blockchain Solutions in COVID-19 Fight

Though healthcare monitoring systems have improved over time, a rapid rise in the epidemic demonstrates the inadequacy of such systems to address pandemics and public health emergencies on time. Furthermore, problems with infection containment and tracking have exacerbated the situation. The rapid increase in the epidemic has brought several crucial difficulties regarding the health surveillance …

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Counterfeiting and Product Authentication Using QR Codes

Counterfeiting is one of the most serious threats to real product legitimacy. Counterfeit goods account for around 8–9% of total trade, resulting in revenue loss. Holograms and barcodes are used by goods makers to combat this problem. The issue of the authentic product remains the market’s primary challenge. Quick Response (QR) codes provide a robust …

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Exploring the Significance of Enterprise Blockchain

As we rush towards a hyper-connected economy, blockchain, in association with other technologies like AI and IoT, is providing the pathway to collaborate and make it happen. Blockchain is emerging as a powerful and constructive technology with the potential to move enterprise ecosystems. While 2019-2021 have validated experimental blockchain initiatives, 2022 pledges to be the …

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Beauty with Blockchain- Reinventing Cosmeceuticals Industry

With changing beauty standards and more users shifting towards natural and organic products and campaigning for healthy skin, the cosmeceuticals industry is undergoing rapid changes these years. Cosmetics have become an integral part of our lifestyle and not just for women, but across all genders. The industry is expected to have a CAGR of 5.3% …

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Navigating Banking and Finance Towards a Greater Customer Experience with Blockchain

Banks are shifting from a product-centric to a customer-focused approach as a response to changing market dynamics. With rapidly evolving customer expectations, digital transformation in the Banking and Finance sector i.e Blockchain in Banking and Finance is important to reshape the industry’s future. Welcoming the digital future would ensure better banking experiences, better digital operations, …

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Blockchain, Next in India’s Implementation Plan?

In this era of accelerated technological progress, we can see that blockchain is at the tip of everyone’s tongue. You might have heard of blockchain as a technology that powers Bitcoin. How does it do that? What exactly is a blockchain? A blockchain is a constantly expanding chain of blocks that store information. These blocks …

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Future of Energy and Sustainability, Blockchain in Oil and Gas Industry

The oil and gas industry is undergoing many changes as they are now implementing blockchain in their processes. How can we revolutionize the industry by using blockchain in oil and gas industry? What is the future of energy industry, energy efficiency and how can blockchain technology help us with sustainability? This article tries to answer …

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Paving a Way for a Greener Supply Chain with Blockchain

Using blockchain technology in the supply chain is one of the ways to reduce carbon emissions globally and bring sustainability to the supply chain industry. This contributes to environmental sustainability. As using green smart contracts, blockchain for environmental sustainability could be associated with a multitude of environmental projects. Blockchain technology in the supply chain can …

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Author Archives: Ashok prasad