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Author Topic: fields that can benefit from blockchain the most  (Read 162 times)
JoinWell.io (OP)
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December 14, 2017, 12:25:40 PM
 #1

Now people intend to apply blockchain to almost every sphere and type of business activities (like payments, loans, sport, health, gaming, banking and much more).
in you opinion, what are the fields that can benefit from blockchain the most? share your ideas

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dillpicklechips
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December 14, 2017, 12:31:01 PM
Last edit: December 14, 2017, 12:57:15 PM by dillpicklechips
 #2

Payments and lending. Other stuffs is an extra and does not directly affect the development of the cryptoworld. If you're talking about the ICOs who have objectives like health then don't be fooled. Most of them are just quick-rich schemes and not taking this seriously at all.
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December 14, 2017, 12:51:15 PM
 #3

Payment is the most that can benefit blockchain technology others might be lending, gambling and information technology. There are many field that can benefit from blockchain the most but if it surely would do I think it is really payments for example through miners, exchanges or many trading platforms.
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December 14, 2017, 02:30:11 PM
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The obvious answer here would be finance of course, we are in a Bitcoin forum after all.
But aside from that, I think another area that could greatly benefit from blockchain would be notarization.

Blockchains are a perfect way to store information in a way that it can't be adjusted or deleted, I imagine this would be very useful for notary purposes.

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December 14, 2017, 04:18:50 PM
 #5

Logistics.

Imagine a tracking software which every time a package is scanned it provides shipping information but simultaneously updates its exact location to the blockchain.

It would provide vast amounts of data for optimizing logistics as well as improving estimated delivery times. It would also cut costs of package tracking dramatically.

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December 14, 2017, 04:23:10 PM
 #6

Healthcare.

Imagine a blockchain where your 'wallet' stores all your medical conditions, history and diagnosis anonymously.

When going to any doctor you can provide your private key and the doctor has full access to your medical history. Any request for access is also recorded to prevent unwanted access.

It would allow for anonymous data to be collected on medical conditions of a whole country, so that the healthcare system can focus efforts of conditions and demographics of people who most need it.

It would give us the required information need to optimize healthcare, cut costs and provide ease of access.

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December 14, 2017, 04:57:40 PM
 #7

Payments and lending. Other stuffs is an extra and does not directly affect the development of the cryptoworld. If you're talking about the ICOs who have objectives like health then don't be fooled. Most of them are just quick-rich schemes and not taking this seriously at all.


Thanks for the opinion!

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December 14, 2017, 05:06:28 PM
 #8

Payment is the most that can benefit blockchain technology others might be lending, gambling and information technology. There are many field that can benefit from blockchain the most but if it surely would do I think it is really payments for example through miners, exchanges or many trading platforms.

agree, blockchain can make payment field much more secure

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December 14, 2017, 05:19:21 PM
 #9

The obvious answer here would be finance of course, we are in a Bitcoin forum after all.
But aside from that, I think another area that could greatly benefit from blockchain would be notarization.

Blockchains are a perfect way to store information in a way that it can't be adjusted or deleted, I imagine this would be very useful for notary purposes.

About finance - of course:)
I was also thinking about data storage: blockchain can make it really safe.



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JoinWell.io (OP)
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December 14, 2017, 05:35:12 PM
 #10

Logistics.

Imagine a tracking software which every time a package is scanned it provides shipping information but simultaneously updates its exact location to the blockchain.

It would provide vast amounts of data for optimizing logistics as well as improving estimated delivery times. It would also cut costs of package tracking dramatically.

Sounds really good and promising!

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December 15, 2017, 04:06:38 AM
 #11

Two that come to mind:

1) Digital Marketing should be able to benefit...some potential uses would be ad fraud detection, ads actually being viewable, and establishing a viable ecosystem where we as users are compensated for ads.

2) Local/city governments...I have witnessed firsthand how many documents are manually shared and go through a serial sign-off process. At some point, the document gets lost and the process restarts.
JoinWell.io (OP)
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December 15, 2017, 07:11:00 AM
 #12

Healthcare.

Imagine a blockchain where your 'wallet' stores all your medical conditions, history and diagnosis anonymously.

When going to any doctor you can provide your private key and the doctor has full access to your medical history. Any request for access is also recorded to prevent unwanted access.

It would allow for anonymous data to be collected on medical conditions of a whole country, so that the healthcare system can focus efforts of conditions and demographics of people who most need it.

It would give us the required information need to optimize healthcare, cut costs and provide ease of access.

Very good thought indeed! Thank you

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December 15, 2017, 07:11:57 AM
 #13

Now people intend to apply blockchain to almost every sphere and type of business activities (like payments, loans, sport, health, gaming, banking and much more).
in you opinion, what are the fields that can benefit from blockchain the most? share your ideas

Business related for sure, like buying stakes in things like ther is doing right now, i think there is not better application than the given by them.
JoinWell.io (OP)
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December 15, 2017, 07:19:37 AM
 #14

Two that come to mind:

1) Digital Marketing should be able to benefit...some potential uses would be ad fraud detection, ads actually being viewable, and establishing a viable ecosystem where we as users are compensated for ads.

2) Local/city governments...I have witnessed firsthand how many documents are manually shared and go through a serial sign-off process. At some point, the document gets lost and the process restarts.

Thanks for sharing your ideas!
for marketing - really interesting!
And completely agree that now document flow process isn't as good as it can be. Blockchain can optimize it.

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