The document discusses the importance of blockchain testing across seven key industries: supply chain management, retail, entertainment rights, industrial IoT, infrastructure security, healthcare, and insurance. It highlights the challenges organizations face in adopting blockchain, such as high energy consumption and security issues, emphasizing that specialized testing is necessary for implementing effective blockchain applications. Additionally, it outlines the expected growth of the global blockchain market and how blockchain can enhance transparency and security in various sectors.

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
USA
GERMANY
UK
SOUTH AFRICA
DUBAI
INDIA
AUSTRALIA
Founded in
2000
1000+
Employees Worldwide
750+
Clients Worldwide
Serving in
35
Countries 2000+
Enterprise-class
solutions
& products delivered
11
Locations from
where we
engage with
global clients
OUR VALUES
Speed
Integrity
Entrepreneurial Spirit
Team Work
Mutual Respect
Trusteeship
About Us

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
“
“
“
“

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.

15. Powered by a thorough Testing Architecture
supported by nearly 200 certified and experienced
quality professionals combined with intuitive
Automation Engine and short learning curve –
Cygnet promises to take your product Quality to
the next level.

16. 100% Agile
More aligned, higher
autonomy to deliver
high quality enterprise
applications
Technology First
Adaptable & Flexible
in order to serve
customers irrespective
of their domain
Partnering with you
at each engagement
level, right from
ideation to UAT
Rapid
Productization
The Cygnet
Advantage
People Quality
Teams with strong
understanding of ethos
& culture, fully capable
of mitigating risk
Proven track record of
meeting
best-in-class quality
standard with
in-house testing
product ‘Testing Whiz’
Progressive
Testing
Scalable
Architecture
Engineering for the
future, today

17. Cygnet Values
Speed Entrepreneurial
Spirit
Integrity Team Work Trusteeship Mutual Respect

19. INDIA OFFICE
Cygnet Infotech Pvt. Ltd.
16-Swastik Society,
Nr. AMCO Bank, Stadium Circle,
Navrangpura, Ahmedabad 380009
+91-79-67124000
INDIA (PUNE)
+91-6359650113
INDIA (MUMBAI)
+91-7433970638
INDIA (NOIDA)
+91-12-04164954
SOUTH AFRICA
+27 (0) 21 3002981
AUSTRALIA
+61-280-147-206
UK
+44-20-8099-1653
GERMANY
+49-3222-1090-129
USA
GERMANY
UK
SOUTH AFRICA
DUBAI
INDIA
AUSTRALIA
USA OFFICE
Cygnet Infotech LLC.
125 Village Boulevard,
Suite 315, Princeton,
NJ 08540
+1-609-245-0971
DUBAI OFFICE
Cygnet Fintech Software
Unit 807, Ubora Tower 2,
Business Bay, Dubai,
UAE, PO Box No.: 418360
+971 52 830 5127
Contact Us
INDIA (BENGALURU)
+91-9986216516
inquiry@cygnetinfotech.com www.cygnet-infotech.com
UK OFFICE
Cygnet Infotech Limited
Devonshire House,
60 Goswell Road,
London, United Kingdom
EC1M 7AD
+44-20-8099-1653