Describe several blockchain applications summary

However, several blockchain applications that are already in use today are still underdeveloped, misunderstood, and do not have evidence or proof of working properly. Regardless of these shortcomings, blockchain technologies show great potential for improvement in the future therefore, it would be advisable for information technology experts to carry out more research on interventions to improve blockchains.

Quantum computing and biological computing will tremendously contribute to the growth of computer information systems. Health, Insurance, pharmaceuticals, research, military, and motor-vehicle industries will benefit from developments in computing. For instance, in banking and financial institutions, quantum computing in the future will help these institutions to analyze huge amounts of data, as well as help banks, improve their services to customers. Additionally, quantum computing will assist in the early detection of likely risks a financial firm may incur before the event takes place.

 


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