Blockchain applications demand standard testing such as functional performance, integration, and security testing. In addition, testing teams must have these specialized testing capabilities including Smart Contracts testing and Node Testing. know how differently each industry is influencing Blockchain Testing capabilities.

1. 7 Industries Influencing
Blockchain Testing

2. Contents
1. About Us
2. The Need for Blockchain
3. What is Blockchain Testing?
4. 7 Industries that need Blockchain Testing
• Supply chain management
• Retail
• Entertainment Rights
• Industrial IoT
• Infrastructure Security
• Healthcare
• Insurance

3. 2019 Presentation Template Design | Presented by Marketing Team
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4. The Need for Blockchain
• Organizations are looking for secure and robust
platforms to transparently share the information and
build absolute trust for the end user.
• Blockchain can help organizations maintain
transparency through Decentralization with added
security.
• Adopting Blockchain can have certain challenges
such as high energy consumption, integration issues,
privacy and security issues.
To overcome these challenges blockchain testing is
important to implement.

5. Blockchain Market
Per a report by the International Data
Corporation (IDC), the calculated global
spend on blockchain will hit a whopping
$9.7 billion by 2021.
The global blockchain market is expected to
grow from USD 212.12 million 2016 to USD
8,682.82 million by the end of 2024, at a
Compound Annual Growth Rate (CAGR) of
59.04% – ResearchAndMarkets.com
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6. What is Blockchain Testing?
Blockchain applications demand standard testing
such as functional performance, integration, and
security testing. In addition, testing teams must
have these specialized testing capabilities.
Specialized Testing Capabilities:
1) Smart Contract Testing
2) Node Testing

7. 7 Industries that need Blockchain Testing
• Supply chain management
• Retail
• Entertainment Rights
• Industrial IoT
• Infrastructure Security
• Healthcare
• Insurance

8. Supply chain Management
Supply chains are a series of transaction nodes
used to move a product from one point to
another. Blockchain helps to make these
transaction decentralized records. Blockchain can
create a traceability system for better customer
experience. This reduces the overproduction of
products, removes third-party involvement and
saves space.

9. Retail
• Blockchain directly connects buyers with sellers
eliminating third-party.
• Using any of the cryptocurrencies customers
can purchase products and sellers get paid in
Bitcoin.
• The data related to the transactions get
distributed across the global network.

10. Entertainment Rights
• Increasing number of artists have begun
accepting cryptocurrencies in their online store.
• Blockchain connects fans directly with the artists
keeping the channel secured.
• Music industries use Blockchain to make their
work easy and safe.

11. Industrial IoT
• Internet of Things is a system of interconnected
devices having the ability to transfer data across
the network without human intervention.
• Blockchain manages the data transfer with a
secured channel for the transaction.
• Blockchain creates a decentralized network for IoT
devices so that the devices can communicate
directly with each other.

12. Infrastructure Security
• Organizations with huge infrastructure are
connected to sensors such as powerplants
and transportation are still easy to hack.
• Using Blockchain, organizations can
exchange the data securely across the
network.
• Adopting Blockchain’s cryptographic
techniques reduces the rate of phishing
attacks

13. Healthcare
• It is difficult for the healthcare sector to
share private data while maintaining the
integrity of data.
• The Collaboration of accurate data leads
to better diagnoses, the higher rate of
success in treatments, and reduced
costs.

14. Insurance
In the insurance industry, Blockchain has excellent
potential. Generally, in an insurance contract, there are
several parties. There are parties like insurer, third-
intermediary, and customers. Their databases may not
be up to date. But Blockchain takes care of this issue.
All the data and transactions have validation from all the
parties. This includes those parties also which are not
part of an insurance contract.
Using Blockchain Powered Smart Contracts, the Insurance
process can be swift, easy and rewarding for all parties involved.

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