A blockchain – originally block chain – is a distributed database that maintains a continuously growing list of ordered records called blocks. Each block contains a timestamp and a link to a previous block. By design, blockchains are inherently resistant to modification of the data — once recorded, the data in a block cannot be altered retroactively. Read more.
In Ghana, blockchain is being used by Benben, a lands services company in Ghana. This session will explore the user of block chain in industries other than in digital currency.
This research workshop brought together faculty and students curious about blockchain technology and the potential of using this technology in creating innovative business solutions.
Idea areas identified for the application of blockchain in Ghana after the research workshop included:
- Public sector – Government contracts and tenders
- Elections – national, institutional
- Music purchase and copyright
- Transportation management
- Counterfeit Food certification – Food and Drugs Board, Ghana
Lead – Carl Yao Agbenyega