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This document is a final year project report that explores the impacts of blockchain technology in the medical industry, specifically from the Malaysian perspective. It covers various aspects including
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How to fill out blockchain technology
01
Identify the purpose: Determine why you need blockchain technology and what problem it will solve.
02
Choose the blockchain type: Decide between public, private, or consortium blockchain based on your requirements.
03
Select a platform: Research and choose a blockchain platform (e.g., Ethereum, Hyperledger, etc.) that fits your needs.
04
Define the structure: Outline the data structure and how transactions will be recorded on the blockchain.
05
Develop smart contracts: Create smart contracts to automate processes and enforce rules.
06
Implement consensus mechanisms: Choose an appropriate consensus algorithm (e.g., Proof of Work, Proof of Stake) for your blockchain.
07
Test the network: Conduct thorough testing of the blockchain to ensure functionality and security.
08
Launch the blockchain: Deploy the blockchain network and begin operations.
09
Monitor and maintain: Continuously monitor the network for issues and perform updates as needed.
Who needs blockchain technology?
01
Financial institutions: Banks and payment processors can use blockchain for secure transactions.
02
Supply chain companies: Businesses can track products through the supply chain for transparency.
03
Healthcare providers: Organizations can securely share patient records with authorized parties.
04
Governments: Agencies can use blockchain for secure voting systems and public records.
05
Digital identity verification services: Providers can offer secure ways to verify identities online.
06
Real estate firms: Companies can streamline property transactions with blockchain technology.
07
Content creators: Artists and musicians can use blockchain for copyright and royalty management.
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What is blockchain technology?
Blockchain technology is a decentralized digital ledger system that records transactions across many computers in a way that ensures the recorded transactions cannot be altered retroactively, providing transparency and security.
Who is required to file blockchain technology?
There is no specific requirement to file blockchain technology itself, but participants in blockchain networks, such as businesses using blockchain for transactions, may need to comply with regulatory and legal obligations depending on their jurisdiction.
How to fill out blockchain technology?
To 'fill out' or use blockchain technology, users typically need to follow a process that involves setting up a digital wallet, creating or joining a blockchain network, and executing transactions according to the protocols defined by the specific blockchain.
What is the purpose of blockchain technology?
The purpose of blockchain technology is to enable secure, transparent, and tamper-proof record-keeping and to facilitate trustless transactions without the need for intermediaries.
What information must be reported on blockchain technology?
The information reported on a blockchain typically includes transaction details such as the parties involved, transaction amounts, timestamps, and cryptographic hashes, depending on the type of blockchain and its use case.
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