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Author Topic: Which field do you expect the most influential with blockchain tech.?  (Read 350 times)
MediBloc (OP)
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October 09, 2017, 12:39:58 AM
 #1

There are lots of companies combining blockchain technologies into the certain field such as insurance, finance, ect.
Wich field do you expected to be applied? And do you have in mind any project you are expecting in specific field? Plz feel free to share Smiley
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October 09, 2017, 12:56:14 AM
 #2

Finance, including Transactions of any kind, decentralised exchanges, Oracles, invoicing and remittance.

Projects i like: OmiseGo, Kyber Network, Request Network, ChainLink, 0x.
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October 09, 2017, 01:04:04 AM
 #3

I agree Finance is the driver.

Real estate, and asset management coins also new in the industry.
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October 09, 2017, 01:33:36 AM
 #4

I am interested to see if blockchain technology can lead to the creation of gig economies within financial industries. I like to use the example that blockchain technology could (not to say that it would) create a gig economy for claims adjusters in the insurance industry to help eliminate fraud.
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October 09, 2017, 01:50:28 AM
 #5

Finance is the obvious one, especially remittances and payments systems.

But I also think healthcare has a lot of potential, particularly when it comes to record keeping. In the United States, poor record keeping and inability to share records between health care professionals is one of the main drivers of healthcare costs.

The other area is immigration and border control. I didn’t think of it at first but I was traveling through the usa last week and there were so many checks, passport verification etc. If that was decentralized and using blockchain it would be so much more trust worthy and it would change how people travel.
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October 09, 2017, 01:57:44 AM
 #6

Blockhain technology can help in the work of an ICO-managed project with a great team. Surely this can make anyone willing to invest in it it is certainly very likely to have an effect to overcome economic problems in every layer of society because dikripto itself for all people can follow this activity and many other activities that use blockhain technology as its material. so I think blockhain technology is developing fast enough to solve the problem especially the economic problem which is the most complicated problem facing every layer of society in the world.

 
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October 09, 2017, 02:40:55 AM
 #7

I think it's too early for decentralized social apps with so many users to become influential. There's no doubt that blockchain tech will be very influential in the fintech industry. Also, any project that will make the existing blockchain technology go one step further will be a winner.

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October 09, 2017, 02:59:30 AM
 #8

There are lots of companies combining blockchain technologies into the certain field such as insurance, finance, ect.
Wich field do you expected to be applied? And do you have in mind any project you are expecting in specific field? Plz feel free to share Smiley
I think it is more on "money" which is yes, accounting , financial services, insurance, finance and other business services, i think if it will push through and if it will be successful to other business i think stocks exchanges on each country will also take the challenge to get this kind of technology. looking forward that it will be used for government services to make the services faster and reliable.

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October 09, 2017, 03:23:56 AM
 #9

One area where it can make a huge difference is with disaster relief. This is what sheltercoin.io is doing. How much of the money being given to people hit by recent disasters is actually going to help those people, compared to how much gets spent on administration or disappears to corruption.

The blockchain offers a major step forward in improving the way we respond to disasters. And it seems like we are getting an increasing number of disasters, for whatever reason.

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October 09, 2017, 03:27:47 AM
 #10


Finance is a given, followed by health. I'm thinking down the road we might see security, for example tracking the sale of all weapons on the blockchain in order to ensure that no crazy is stockpiling weapons.

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October 09, 2017, 03:31:48 AM
 #11

It's obviusly finance field, as you can see that people who invest into ICO more interested to finance product but still the other field is also funded by some investors if the project is really interesting.
so many company from ICO has been released and gaining its success such as ICONOMI, OmiseGo, and many more. expecting the finance field will be the most influential with the blockchain tech ofcourse.

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October 19, 2017, 12:17:48 AM
 #12

There are lots of companies combining blockchain technologies into the certain field such as insurance, finance, ect.
Wich field do you expected to be applied? And do you have in mind any project you are expecting in specific field? Plz feel free to share Smiley
Finance and civil services, I think. Finance is no doubt the most applicable field for the crypto-world. But the negative effect on this one is that the more crypto-companies getting into finance services, the more competition among them will be present.

On the other hand, civil services will be, I think, a more popular field to apply crypto. This is what most ICOs today are aiming to reach. They are mostly about the concern of citizens, and I think that it is a great idea for these ICOs to apply cryptocurrency base on the basic or typical needs of the people.
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October 19, 2017, 01:12:12 AM
 #13

There are lots of companies combining blockchain technologies into the certain field such as insurance, finance, ect.
Wich field do you expected to be applied? And do you have in mind any project you are expecting in specific field? Plz feel free to share Smiley
These are the projects I am expecting in specific fields which come into my mind that needs to be using access through decentralized blockchain technology just to avoid any human interventions are the following; Finance, travel, health, disaster, internet, intertainment et cetera. My only concern about the said decentralized projrect is that it can be abused by lawless elements arround the world.  But if the devs has to design something that could detect illegalities it would be better. I think it would be nice if there is a decentralized security and news agency too that broadcast only the truth about almost anything so we can rely on that specific network and hear no fake news but of course it needs an unmanned, self navigating and operating satelite that also has the transparency and gives important information about how to make a better country, gives a country a tip in an imminent threat made by other countries or terrorists, broadcasts, locate and pinpoint any incoming harm like natural disasters so on and so forth. This may sounds futuristic but I know that we badly need it now.



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October 19, 2017, 02:19:13 AM
 #14


Finance related services followed by health. Imagine prescription drug abuse stopping if all prescriptions were tracked on a national blockchain network. Drugs addicts would no longer be able to go from doctor to doctor shopping for pain killers for non-existent ailments.
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October 19, 2017, 02:19:54 AM
 #15

I'm going to take a contrary position. I think that the biggest influencers won't be the standard answers- finance, etc because they're generally carbon copies of off-chain solutions.

Rather than talk about specific verticals I think it is better to look at the horizontals: trust, reputation, decentralization, repudiation, logistics, small, contractual execution and micro businesses all stand to be utterly changed by the blockchain. I think the blockchain is fundamentally going to end up being as big standards like HTML- the effect will be pervasive, to the point the web pages you look at won't exist on centralized servers but in distributed fabrics, enable long dreamed of goals like the Semantic Web- the possibilities are genuinely endless and touch many different faucets. I suspect it'll very quickly get to a point where whether you're using a chain or not will be utterly transparent to users- that does require a lot of work on transaction speed and scalability, but you can certainly see it on the not too distant horizon.

My favourite disruption we're starting to see is the revenue model of the largest tech companies in the world- rewarding content contributors for their work rather than selling their content & data to advertisers to make money hats whilst espousing egalitarian ideals. Only have to look at the YouTube advertising shitstorm to see the problem is near breaking point.

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October 19, 2017, 02:40:41 AM
 #16

Firstly, as mentioned by most people, financial services.

Secondly will be the capital markets (e.g. entities that wish to raise capital or IPO) once the proper regulations are in place. Even without proper regulations, it is possible for "rogue" capital markets to be set up somewhere for people to invest anonymously.
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October 19, 2017, 02:46:41 AM
 #17

Payments and transactions is where it started and its spreading towards cloud storage and hosting.
We'll also be seeing decentralized exchanges, marketplace (bye bye amazon, ebay, alibaba) and social network (bye bye facebook and twitter).
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October 19, 2017, 02:52:45 AM
 #18

I think block chain is going to improve services all across board. In finances however, blockchain is the solution for ever growing debt, loses and fraud! The power of block chain tech is going to take  bankster out, practically knock them dead.

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October 19, 2017, 07:12:34 AM
 #19

There are lots of companies combining blockchain technologies into the certain field such as insurance, finance, ect.
Wich field do you expected to be applied? And do you have in mind any project you are expecting in specific field? Plz feel free to share Smiley

i think finance for the first then insurance for the second and third is wealth. i think this three could cover from the others and with this three, the other will works good. i think i don't want to thinking about specific field because i am not good in that fields and i only a user which want to use the benefit from the each field so if there is any field that works good, then i might be interesting to learning to know the details.

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October 19, 2017, 07:15:36 AM
 #20

Finance is the first coming. then real estate is on the second one. Goverments will implement blockchain technology to track records of real estates.
This is also a project of world bank (sssh its a secret one)
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