9 . Canada is using the Ethereum platform to bring transparency in the
spending of government grants. Sweden is focusing on conducting real
estate deals and Ghana on the land registry and cadastral register based
on the blockchain to collect property taxes on them.
10. The Monetary Authority of Singapore (MAS) is focusing on using
blockchain technology in financial and technological domains.
Blockchain technology is used to enable cross-border payments. They are
working toward designing a solution for securing healthcare data, and
also smart contracts are adopted by insurance companies.
11. Z ug, in Switzerland, is the first place in the world to accept Bitcoin
payments for tax purposes. They have successfully developed a
blockchain-based voting system and also created blockchain TaskForce
for guiding companies toward implementing blockchain frameworks.
12. Samsung blockchain wallet powered by COSMOCHAIN blockchain has
developed CosmeeDApp for purchase of contents using cryptocurrency.
If a company uses information provided or created by customers, the
information providers get rewards for using blockchain in a completely
transparent manner.
13 . LG has launched a blockchain platform with applications for digital
authentication, community token, and supply chain management.
14. Amazon-managed Blockchain, Microsoft Azure Workbench, IBM
Blockchain, Oracle Blockchain, and BlockappsStrato are some of the
Blockchain services offered.
Platform development
Blockchain platforms are being developed across the globe by academia,
research organizations, and industry focusing on improving performance in
terms of throughput, scalability, security, and so on, with an aim to offer
blockchain-based digital transaction platforms enabled with interoperability
across various chains. Some of the initiatives are depicted in figure 7.14 for
quick reference.