30 practical applications of blockchain technology in life

The first widely known useful application from blockchain technology is probably Bitcoin and cryptocurrencies, but it is probably now much further. Blockchain is now revolutionizing most industries. Here are a few practical examples of blockchain technology.

Entertainment

KickCity: A platform for event organizers, allowing them to pay for what they achieve, and reward community members by sharing the event. Their product generates US $ 50,000 monthly with over 70,000 users and 300 event organizers.

B2Expand: Based on the Ethereum blockchain, the founders created countervailing video games. The company's first game, "Beyond the Void," joined Ubisoft's startup program, and it became the first game company on the foundation of the Steam game network to use encryption technology. .

Spotify: When Spotify purchased blockchain startup Mediachain Labs, the technology firm helped develop solutions through a decentralized database to better connect artists and licensing agreements with Songs released on Spotify service.

Guts: This is a transparent ticketing ecosystem, using blockchain technology to eliminate ticket fraud and the market of ticket sales.

Social networking dating

Matchpool: "Matchmaker" is the reward created when users successfully connect with each other. Platform suitable for many different services.

Retail

Warranteer: A blockchain application that allows consumers to easily access information about products they have purchased and receive service support in the event of product malfunctions.

Blockpoint: Simplify the creation of payment systems and accept e-wallets, loyalty programs, gift cards and other functions.

Loyyal: Supported by blockchain technology and smart contracts, this loyalty and rewarding customer service platform creates more customized programs, allowing customers to earn reward points from various brands. .

Luxury car

Bitcar: Divide ownership of collectibles with BitCar token.

Supply chains and logictics

IBM Blockchain: Knowing the status and condition of each product in the supply chain, from raw materials to distribution, is very important. Blockchain application in the supply chain allows transparency by a record of ownership and location of parts and products in real time.

Food industry: The complex network of food industry, from farmers to retailers, makes it difficult to track foodborne illnesses. Blockchain can improve transparency and efficiency in figuring out where and where food can be contaminated throughout the supply chain.

Provenance: Consumers increasingly demand transparency about the products they buy and consume to ensure the source of raw materials and produce products that respect their personal values. Pronance uses blockchain to provide supply chain care and certification.

Blockverify: With the statement "bringing transparency into the supply chain", Blockverify focuses on anti-counterfeiting solutions using blockchain to identify counterfeit products, stolen goods and fraudulent transactions. cheat.

OriginTrail: Already used in the food industry, more and more applications are planned for OriginTrail, a platform that lets consumers know where their purchases are coming from and how they're manufactured.

De Beers: De Beers exploits, trades and trades over 30% of the world's diamond supply. The company plans to use a blockchain ledger to sketch diamonds, from mining to customer orders. Thanks to this transparency, it will help the industry and anyone who wants to verify and confirm diamonds are not involved in complicated cases. Fura Gems also plans to use blockchain in its supply process of emeralds, rubies and other precious stones.

Insurrance

Accenture: With the goal of promoting efficiency and efficiency in the insurance industry, Accenture builds blockchain solutions for insurance customers. They turn major insurance industry processes into blockchain-based procedures to increase system reliability.

Proof of insurance: This insurance company is testing a blockchain solution to provide proof of insurance called RiskBlock. Finally, when the tool is fully deployed, it will help law enforcement agencies, insurance buyers, and insurance companies verify insurance coverage in real time and speed up the process. request.

Health care

MedicalChain: The first healthcare company to use blockchain technology to facilitate the storage and use of electronic medical records to provide a complete telemedicine (telemedicine) experience. They are the actual doctors in the British healthcare system and want to change this system from the inside.

MedRec: In order to provide any healthcare provider with secure access to patient records, MedRec uses blockchain to save time, money, and repeat procedures for conducting procedures. between different facilities and suppliers. Patients can also access their medical records for research.

Nano Vision: Finding the motivation for medical innovation to escape traditional data storage and incompatible record systems, Nano Vision combines the power of blockchain and artificial intelligence to collect data on Nano. Tokens. Artificial intelligence will then look for trends and analyze the connections that led to breakthroughs in medicine.

Gem: With the goal of providing patients with a way to control their medical records and genetic data using blockchain solutions, Gem has also partnered with the Centers for Disease Control and Prevention to test the use of blockchain to track infectious diseases.

SimplyVital Health: This platform is based on blockchain technology that allows providers and patients to access, share and even move their health data.

Real estate

BitProperty: Using blockchain and smart contracts, BitProperty allows anyone anywhere in the world (except the US and Japan, due to legal issues) to invest in real estate.

Deedcoin: Instead of a 6% commission in the real estate industry, with Deedcoin, the fee is only 1% and is expected to be a new way for buyers and sellers to connect houses with real estate agents to accept the rates. lower pink.

Ubiquity: This software-as-a-service blockchain (Saas) provides a simpler user experience to securely record real estate information to ensure a clear record of ownership.

Charity

BitGive: This global fundraising platform uses Bitcoin and blockchain technology to bring more transparency to donors by sharing real-time financial and project information. Save the Children, The Water Project and Medic Mobile are among the charities working with BitGive.

AidCoin: A study found that 43% of people surveyed do not trust charity. AidCoin expects to improve that confidence with smart contracts and cryptocurrencies, and make this nonprofit industry more transparent.

Utopi: The lack of transparency has hindered philanthropy, but Utopi hopes to improve transparency in non-profit organizations. When donors use the Utopi platform, they can see exactly how each penny they spend.

Financial services

Bitcoin Atom: A new branch of Bitcoin that allows for easy exchange of cryptocurrencies with no transaction fees and no transaction hacks, making Bitcoin truly decentralized. The technology is based on atomic swaps - seen as an invaluable tool for exchanging cryptocurrencies and without the need for a trusted third party. But for now, the widespread adoption of atomic swaps has been prevented because they require high technical skills; Bitcoin Atom can solve this problem in part.

Securrency: This is a cryptocurrency trading platform and several types of assets, including non-cash assets, are exchanged via Securrency tokens. The project allows cryptocurrencies to be traded outside of their dedicated transactions.

Ripple: Ripple aims to become a global payment solution provider by connecting banks, payment service providers, businesses and digital asset transactions, enabling instant settlement. instantly, according to global demand.

ABRA: A global application and digital wallet that allows you to buy, invest and store 20 cryptocurrencies, including Bitcoin, ethereum, litecoin ...

Aeternity: This highly scalable blockchain platform can be used for any application that requires high transaction speeds, including smart contracts created from chain, nano and micro payments. tissue.

Smart Valor: With a mission of making global investments simple, fair and accessible to everyone, Smart Valor gives everyone access to global investment and asset opportunities.

Circle: There is no charge for sending money via SMS when done through this UK-based company.

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