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CONTEXT
You are tasked with discovering innovative use cases for blockchain technology across different industries.
OBJECTIVE
To identify and articulate potential applications of blockchain that could address specific challenges faced by businesses today.
FORMAT
Provide detailed descriptions of each use case, outlining the problem, how blockchain solves it, and any potential benefits. Include relevant industry examples.
EXAMPLES
1. Supply Chain Management: Blockchain can enhance transparency and traceability by tracking products through every stage of the supply chain. 2. Digital Identity Verification: Leveraging blockchain for secure and decentralized identity management to prevent fraud.
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