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Author Topic: Other uses of blockchain technology?  (Read 195 times)
bitfocus
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July 08, 2018, 12:23:52 PM
 #21

You can use it as Database for almost anything, even banks and supplychains are deploying blockchains
https://www.bitcoinmarketinsider.com/blockchain-is-the-future-of-supplychain-and-manufacturing/
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July 08, 2018, 12:56:47 PM
 #22

You can use blockchain in real estate business, insurance, banking, money transfer, etc. ANy industry with large amount of numbers and papers can be improved by blockchain.

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July 08, 2018, 02:27:49 PM
 #23

The main usage of the blockchain technology is to support crypto currency and to verify the transactions which are made from them. Blockchain keeps the cryptography mostly secured.
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July 08, 2018, 02:32:28 PM
 #24

In my sole opinion it have many use cases, but in common blockchain is for high availability trustless systems

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July 08, 2018, 02:45:58 PM
 #25

the technology of block chain is extremely helpful. The usage of block chain does not just limit to the usage around crypto currencies. firms are investing on research on block chain to use it in their business, as the usage will make it beneficial for their business. The block chain can be used as a database to store information of every firm.
[blockchain technology should be adopted in the electoral process also, especially where issues of result falsification is a norm. We need this technology actually. ]
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July 08, 2018, 02:52:18 PM
 #26

From my own understanding , blockchain is used to support cryptocurrencies and verify  transactions made from cryptocurrencies but what are other uses for blockchain technology besides crypto?
There are lots of uses for blockchain technology not only for digital currency. Like decentralized markets, another thing that blockchain can do is improving the voting system that is being used to vote or elect government officials, also in real estate and more. There are still more to discover. We may not see a lot of other uses of blockchain today but in the future it will sure be used in majority of businesses and other system.
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July 08, 2018, 08:23:56 PM
 #27

There are so many people’s are connect with this market and they also use block chain technology. Because without blockchain investors are not doing any transaction. Peoples are use blockchain in the defense, banking system also.
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July 08, 2018, 09:04:10 PM
 #28

This technology is really a potential one and more decentralized in the storage and securing of data. It can also be integrated into artificial intelligence. On the blockchain, transactions are secured with verified nodes. The potentials of this technology is what is creating the numerous cryto projects we are seeing today 
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July 08, 2018, 10:03:40 PM
 #29

Take a look over all the other altcoins that are on the market at the moment, there are so many blockchains with different usecases, almost each one of them has a different usecase and they are more than interesting to make a deep research

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July 09, 2018, 07:49:59 PM
 #30

Blockchain can ensure that all transactions are recorded properly and stored securely and their transaction history is also publicly accessible enough to record transactions that can be stored in this blockchain not only for financial transactions there are many other uses that can be handled and recorded into Blockchain.
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July 09, 2018, 10:30:51 PM
 #31

Block chain can also be use by the financial services, it can also be use as data storage for medical record, banking sector etc. However, it can be use for verification, approval, and security of digital identity which will somehow be universal problem in couple of years.


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July 09, 2018, 10:37:04 PM
 #32

Blockchain technology uses to ensure transparency in data management, health service management, supply management and logistics, gambling and a whole lot of eco industry fields.

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July 09, 2018, 11:14:18 PM
 #33

Blockchain technology is one of the most advanced technology that man's invented, this kind of discovered invention leads for us to touch the future state of our new generation through modernization. Blockchain technology provides various effects that deals to the newly invention in near future. Blockchain technology can gives us today a lot of benefits and also to our future generation.

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July 09, 2018, 11:48:49 PM
 #34

Other than cryptocurrencies and transactions verification blockchain can be use for in the music industry for rights of ownership and transparency, distribution.

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July 10, 2018, 04:43:11 AM
 #35

Well this is a good questions based on this topic crypto currency use block chain tech based on this system is fully decentralized so many farms and company like to use this system also many govt. using this for voting system also BMW , UPS , Walmart are using this tech.
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July 10, 2018, 05:05:13 AM
 #36

Blockchain is the digital, distributed, and decentralized ledger underlying most virtual currencies that's responsible for logging all transactions without the need for a financial intermediary, such as a bank. In other words, it's a new means of transmitting funds and/or logging information. Here are potential uses for blockchain technology.

1. Payment processing and money transfers
2. Monitor supply chains
3. Retail loyalty rewards programs
4. Digital IDs
5. Data sharing
6. Immutable data backup
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July 10, 2018, 05:32:50 AM
 #37

Blockchain technology is a completely decentralized system. It provides peer to peer connection with security and stability. Another important advantage of Blockchain technology is that it provides adequate transparency.
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July 11, 2018, 06:02:43 AM
 #38

Blockchain technology has been a like a blessing to all the people in the crypto currency market. This has moved the need of the middleman of transactions taking into place. And has made exchanges easier for the people. At the same time, this has made the exchanges secure and less likely prone to hackers.
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July 11, 2018, 07:44:21 AM
 #39

DeepOnion is using blockchain for verification of file authenticity and named it DeepVault.
What you have to do is register and verify the file on blockchain with a small fee. After that, you will be able to claim the file authenticity.
There are a lot of usage of blockchain.

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July 11, 2018, 07:59:44 AM
 #40

Xtrabytes is going to use the blockchain to host apps and services on their net.
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