Chain Bazaar Make it easier for the blockchain to land

"Blockchain Industry Observation" Column · Article 59

Picture丨From the Internet

Picture丨From the Internet

The initial application of blockchain was as a mechanism to support BTC. In order to solve the problem of digital currency interoperability, Satoshi Nakamoto designed a non-tamperable ledger and used encryption technology to link data blocks together.

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1. Fund transfer

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2. Financial Exchange

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3. Loans

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4. Insurance

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5. Real estate

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6. Security of personal information

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7. Voting

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8. Government benefits

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9. Share medical information securely

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10. Artist Royalty

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11、NFT

NFTs are often thought of as a way to take ownership of digital art. Since the blockchain avoids the simultaneous existence of data in different places, placing an NFT on the blockchain can ensure that only one unique copy of a digital artwork exists. It can make investing in digital art like investing in physical art, without the need for storage and maintenance.

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12. Logistics and supply chain tracking

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13. IoT security

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14. Data storage

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15. Gambling

One of the biggest benefits of operating on a blockchain is the transparency it provides potential customers. Since every transaction is recorded on the blockchain, participants can see that the game is fair and the casino can guarantee returns.

Of course, blockchain technology is still in its infancy, the technology has only existed for a dozen years, and companies are still exploring new ways to apply this technology to support their operations. As more and more data are used in our lives, people's demand for data security, access, transparency and integrity is also increasing, and the application of blockchain technology will become more and more popular.

The original report comes from Adam Levy, a MotleyFool contributor, focusing on consumer products and technology. The Chinese version is compiled and organized by the Chain Market team, and the English copyright belongs to the original author. Please contact the editor for Chinese reprint.

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