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AmyBrown
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March 18, 2019, 09:25:29 AM
 #1



The Blockchain invention already has resulted in so many technology trends including hybrid blockchains, ricardian contracts, stable coins, security tokens and so on. What other inventions regarding blockchain do you think we might see in he next couple of years? What other industries could this system improve?
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March 18, 2019, 10:36:23 AM
Last edit: March 18, 2019, 12:27:57 PM by eaLiTy
 #2

Blockchain technology will be the back bone of internet and other businesses in the future and it is the greatest invention of the century as it solved the age old problem of double spending . The specialty of blockchain technology is it has no central authority and by nature it is transparent to all who are involved in it, which means you can save a lot of money with a solution like this, several industries will get the benefits from using block chain technology due to their transparency and security and the cost effective nature of it. In the near future you will see governments around the world adopting the technology for their benefit and growth.

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March 18, 2019, 01:32:23 PM
 #3

Medicine dispensers in hospitals and in public for prescriptions to keep everything in the right hands.
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March 18, 2019, 01:48:58 PM
 #4

Medicine dispensers in hospitals and in public for prescriptions to keep everything in the right hands.

Is it so is there any such trustful projects available on medical field where we can use blockchain to secure the medical products and information?
I saw recently there is project called curanetwork which is do such things in the field but apart from that there many gambling project only coming all the times now.
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March 18, 2019, 01:54:33 PM
 #5

I think google ads and internet advertisements can be replaced in the near future by decentralized ads like what the brave browser wants if this happens then this blockchain technology will be the next big thing that will change everything.
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March 18, 2019, 01:57:42 PM
 #6

Medicine dispensers in hospitals and in public for prescriptions to keep everything in the right hands.

Is it so is there any such trustful projects available on medical field where we can use blockchain to secure the medical products and information?
I saw recently there is project called curanetwork which is do such things in the field but apart from that there many gambling project only coming all the times now.
I expect this to be done by a private company, this wouldn't be some altcoins that would be traded but more tokens for each drug that each user gets and signs out medicine, etc.
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March 18, 2019, 02:06:01 PM
 #7

What other industries could this system improve?p

Blockchain is very useful for any data intensive industry. Especially where the business deciaions vary based on the series of past event occurrences.

I can see immediate applicaion of blockchain in insurance insustry. Blockchain and its record keeping capability will not only help insurers to track the close life events but it will also peovide enough data to actuarial decision for better risk management.

Also land record is another area where blockchain can help immensely. If blockchain can be implemented correctly in this sector to especially regularize ownership transfer derails, the number of legal cases will come down by nearly 50%.

There will be other areas as well. I encourage you to read the below post. It's a very good read if you are interested to know the resl life use cases of blockchain.

https://lisk.io/academy/blockchain-basics/use-cases

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March 18, 2019, 02:19:58 PM
 #8

Blockchain technology is regarded as the invention of the last decade. This novel technology can be employed in almost all human endeavors. It can be deployed in the hospital for patient data management and also very useful in the pharmacy department of the hospitals concerning drug dispensing and control. Blockchain can be handy in election management and monitoring.
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March 18, 2019, 03:51:29 PM
 #9

As @avikz have pointed out, any industries or sectors that is data dependent will really gain a lot from using blockchain technology like logistics, supply chain, health and medicine and even government projects as well. Some advantages are:

- it can reduced costs
- transparency as data can be viewed
- security as data is immutable
- traceability as data is always present real time

Right now there is this so called blockchain based voting. Since it is still in early stage of development, but some governments are already testing it so I guess we're going to see this sort of application or use in the future.

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March 18, 2019, 04:01:52 PM
 #10

I would love to see the blockchain technology implemented in educational sector, allowing students to pay fees, communicate (submit assignments, project defences etc) and access basic amenities directly using the blockchain technology.
It is a project I would personally love to work on.

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March 18, 2019, 04:02:12 PM
 #11

I agree there are certain even some educational organizations who try to implement Blockchain technology with there core processes because If Blockchain technology is implemented properly it can provide many benefits to a certain industry like, security of Data or transactions, efficiency,usability and many other functional and non functional requirements which are not possible with decentralized traditional systems

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March 18, 2019, 05:18:44 PM
 #12

blockchain is not just about decentralising data.
anyone can copy a database and keep a copy for themselves that has a file hash to prove no tampering compared to copies others have.
any database can inlude an entry of a signature proof for ID authenticity

but blockchain real utility is about different regions/locations interacting with data even when they cant agree. as thats where the magic of blockchain comes in, it makes divergent opinions come to a common agreement.

blockchain most unique feature is the diverse ability to bring large populations together and have them all agree on a set of rules

so think less about the use cases of just data distribution security. but more about usecases where different locations wouldnt normally agree on the same database structure

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March 18, 2019, 05:27:34 PM
 #13

Blockchain in the political sphere will be a major plus to democracy and fairness, especially in 3rd world countries were their givwenis so corrupt, this will help to curb electoral malpractices and embezzlement of funds, since everything will be stored on the blockchain's database
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March 18, 2019, 09:25:35 PM
 #14

Social media tokens.  Wink

That could be the next in line since it is really going near it.
The social media websites is like a buy and sell advertisement page by now.
Just looking at my facebook page makes me want to buy items that are being sold by people too.

Now, the owners of this website could be against bitcoin. Where else would they go? Yes, the blockchain.



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March 18, 2019, 09:51:04 PM
Merited by n0ne (2)
 #15

There are alot of informations on the internet about upcoming and current technologies being used with Blockchain.
From Inter-organizational data management, governments, financial institutions, audit trails, and much more.

Check out this article about latest Blockchain technologies news from Coindesk: https://www.coindesk.com/information/applications-use-cases-blockchains

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March 18, 2019, 10:08:47 PM
 #16



The Blockchain invention already has resulted in so many technology trends including hybrid blockchains, ricardian contracts, stable coins, security tokens and so on. What other inventions regarding blockchain do you think we might see in he next couple of years? What other industries could this system improve?

Technology will work in most industries in general
and has already entered into many such as
Financial Services
Accounting
the health
agriculture
Alternative energy and many more.
 
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March 18, 2019, 10:43:38 PM
 #17

There are alot of informations on the internet about upcoming and current technologies being used with Blockchain.
From Inter-organizational data management, governments, financial institutions, audit trails, and much more.

Check out this article about latest Blockchain technologies news from Coindesk: https://www.coindesk.com/information/applications-use-cases-blockchains
Blockhcain technology offers will continue to increase as its growth follows the needs of society, the economy and security. And this will also be accompanied by the advent of renewable technology inventions designed and created by blockhain experts to support future life that is easy and safe in all fields. and we know this is not easy but I know this will be easy when it arrives, because blockhcain is the solution...

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March 19, 2019, 01:12:11 AM
 #18

For now, Bitcoin technology is used for proving the ownership of an asset and making simple smart contracts. As people become familiar with this technology, this technonology will become an official way of banking procedure for transactions and payments. Plus, it can be used as a digital signature by people and use of bitcoin technology will become a standard method for any area.
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March 19, 2019, 03:46:12 AM
 #19

Never heard of "hybrid blockchain" but the hybrid exchange. Maybe you wanted to mention exchange. Blockchain will be applied in almost human endeavor when we have dedicated people to work on those areas. This is why it's important we have these courses as relating to blockchain development been taught as a core course in schools.

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March 19, 2019, 04:28:46 AM
 #20

Ten years back none have thought of such a technology will make an evolution. Prior to that before some twenty years none believed that internet connectivity will make such a change globally. From that what it has happend till date is advancement. The progress in technology is hidden, because very few succeeds getting the acceptance of people. Blockchain is one such. As days pass this will be more advancing, and something on a separate platform too could grow higher than the current technology. It is all about the time and the creative minds as Satoshi.


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