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Author Topic: Blockchain Usage In Mainstream Examples  (Read 329 times)
airdnasxela
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January 14, 2020, 02:10:06 PM
 #21

I can't enumerate each and everyone since I am not always updated at every business who adopted blockchain since a lot of things happened from the previous year. But what I can ensure it that from the fields you have stated, I'm sure there's an adoption and implementation that happened. Slowly by slowly, blockchain technology adoption is getting wider across different field and countries. This year, we're getting more to mainstream
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January 15, 2020, 11:53:38 AM
 #22

A lot has really happened and Bitcoin has grown to be more popular than it used to be in the past.
A lot of people knows about Bitcoin now and there are lots of online merchants that are accepting Bitcoin as their payment method.

Lots of online shopping platforms like overstock, Bitplaza, Newegg, AWBstore and you can also buy games from Microsoft with Bitcoin. So, it’s really growing and as time continues it will go even far. Locally, I have also seen stores that are exchanging cryptocurrency for cash. And apart from increasing adoption bitcoin has also been the best performing asset in 2019.

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January 15, 2020, 02:37:54 PM
 #23

A lot has really happened and Bitcoin has grown to be more popular than it used to be in the past.
A lot of people knows about Bitcoin now and there are lots of online merchants that are accepting Bitcoin as their payment method.

Lots of online shopping platforms like overstock, Bitplaza, Newegg, AWBstore and you can also buy games from Microsoft with Bitcoin. So, it’s really growing and as time continues it will go even far. Locally, I have also seen stores that are exchanging cryptocurrency for cash. And apart from increasing adoption bitcoin has also been the best performing asset in 2019.

Yes, but what that has to do with blockchain? Blockchain is technology that can be used independent from Bitcoin and implementation of blockchain can be totaly divided from use of Bitcoin.
Like an example, you can implement blockchain into agriculture to follow the production chain and origin of the fruits or vegeatables without any interfearance of Bitcoin. Blockchain and Bitcoin are not the same thing, it's obviously that many mix that.

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January 15, 2020, 03:09:15 PM
 #24

I think amazon started to do use blockchain for their warehouse systems, they are currently hiring blockchain developers as well and they have managed to make a lot of personalized blockchain services on their AWS as well, those are all billion dollar systems we are talking about here, aside from that JP Morgan has hired bunch of blockchain developers to build an inside the house blockchain systems that could track the movements of their financial activities as well.

I know there are smaller ones but these kinds of billion dollar things even tho rare are very important to us, that shows that huge compaies are turning their eyes to blockchain and its benefits which means it is only helpful to make blockchains stand in the world even more permanent than ever.

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January 16, 2020, 12:35:28 PM
 #25

As we start 2020, looking back at 2019 and before that - what in your opinion were the biggest innovations where implementation of blockchain was a big step forward (medical, economical, scientific etc) and how did it impact those that were to be beneficiaries of that implementation?

Kindly list them and share your opinions

Biggest innovation of blockchain is money. It helps to be able to move it fast, cheap and securely and untraceable. It is premisionless and censorship resistant.    I mean what else do you want really?
With the exception of money, in which other ways or fields do you think blockchain can be used or is being used hopefully with a view to making the lives of average individuals better?

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January 16, 2020, 01:14:43 PM
 #26

With the exception of money, in which other ways or fields do you think blockchain can be used or is being used hopefully with a view to making the lives of average individuals better?

Elections are the second best field of application for blockchain

Or just the best one ever, depending on what is more important to you personally, power or money (remember, power is not for sale, i.e. you can't buy it with money directly, even with bitcoins). Having said that, a few American States have been testing waters in that direction recently (both Virginias come to mind instantly). According to this CoinTelegraph article, the main purpose of this effort is to "secure voter records and election results"

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January 16, 2020, 03:10:48 PM
 #27

All of XRP's deals with banks are basically "mainstream example" if you consider using blockchain for stuff that wasn't used before. They have a lot of connections in my country with banks that actually does transfers between them and other nations banks that use XRP. That way instead of using a third party program (which they technically still do use XRP which is third party to them) Banks can send and receive money from all around the world easily in the millions of dollars while spending basically close to nothing and still end up with the fastest possible option.

However, XRP would have to agree to get the money from banks and give them XRP and then bank will send that XRP to other banks and other bank will get the money from XRP, so there is a transaction between XRP and two banks but its still cheaper and faster.
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January 16, 2020, 03:14:43 PM
 #28

There are allot of countries which already started implementing blockchain in the system of governance. I heard of a system where blockchain is implemented to the registration of land and property. I think the advantages of this system is huge and people will understand that blockchain is the next step in technology.
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January 16, 2020, 03:19:57 PM
 #29

With the exception of money, in which other ways or fields do you think blockchain can be used or is being used hopefully with a view to making the lives of average individuals better?

Elections are the second best field of application for blockchain

Or just the best one ever, depending on what is more important to you personally, power or money (remember, power is not for sale, i.e. you can't buy it with money directly, even with bitcoins). Having said that, a few American States have been testing waters in that direction recently (both Virginias come to mind instantly). According to this CoinTelegraph article, the main purpose of this effort is to "secure voter records and election results"

in election , power is buyable  .

candidates can just pay people to vote for them in a secret way and most of the times these kind of candidates won . adapting blockchain on election or votings can still help because there were reports that old way of voting machines are hacked or manipulated  but with blockchain the hacking and manipulations will be lessen or will dissapear  and people will have more confident of the voting results  .
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January 16, 2020, 03:31:22 PM
 #30

Most blockchain applications that I remember are the usage of it in Casinos, Science and Technology, supply chains, and many more. They are the focus of some industries, and they are coming into life by the people researching them. I admire people who put this kind of technology first, and they may bear fruit in the long run.

I found a fascinating article that i think you could refer to your interest, OP. It’s mostly to exchange of knowledge using a network called Open Science, and with that, anyone could contribute, etc. It would be beneficial for all when this happens.

https://www.frontiersin.org/articles/10.3389/fbloc.2019.00016/full

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