Since its release in 2008, the Blockchain concept has been used primarily as the basis for cryptocurrencies such as Bitcoin or Ethereum. Many economic agents are following the development with great interest and linking the technology with great expectations. Essentially, Blockchain solutions are distributed database systems with differentiated rights management. The key advantage to traditional systems is that the core functionality of the database – the unchanging history of all data accesses with secure storage – is guaranteed without a central authority. Distributed database systems can use SmartContracts to automate business processes, securely manage patient data, or seamlessly map supply chains throughout the product lifecycle.

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