Blockchain is the only technology that allows people to create unique products, programs and services online.
Instead of downloading programs, apps or doing business on a controlled system like Android or IOS, you will use a decentralized system to do everything you do use the Internet now.
These ideas about how blockchain will disrupt the industry will inspire you.
Blockchain and online voting may one day be the main platform where everyone can participate. Think about it.
No more queuing, voting for local government, and hoping your vote will be counted. Having a voting system can result in:
• No fraud or electoral fraud
• Voting by identity
• No external influences
• general understanding
• Results in seconds
• No foul play
Once a vote is entered in the ledger, it cannot be changed, deleted, or modified.
So having an online voting system based on the blockchain, where everything is updated, instantly, and fully transparent - can be a reality for elections…
Blockchain may one day take over the business and financial industry as we know it.
There will be no more sellers because everything will be electronic.
Investors and consumers will choose the blockchain method to:
- Manage your wallet 24/7
- More security and privacy that no one can access
- Support transactions with no fees, commissions or fees
- Produces business faster and more efficiently
- Improve liquidity and liquidity in the financial markets
- Reduce fraud and fraud
- Trade 24/7, including Forex, stocks, indices and cryptos
- Make quick deposits and withdrawals in seconds
- Depend less on others
Imagine Facebook, Tik Tok, YouTube, Instagram or even Twitter without anyone.
With blockchain and dApps (apps), they will not be able to escape fraud, law enforcement, spying, or even shut down.
Anything of value that can be tracked, traded and recorded on the blockchain network will lead to transactions in one form or another.
In fact, we already have individuals and companies buying, selling, and exchanging cryptocurrencies (ie Bitcoin) for tangible goods such as cars, property, investments, and other things.
Property can also be intangible, such as patents, royalties, intellectual property, copyrights, and trademarks. In addition, there are advantages of blockchain, including:
• Cost reduction
• Low risks and hazards
• Transactions are actually allowed
• Accurate assessment
As you have seen, cryptocurrencies and exchange types - can be created and traded only through a digital ledger.
Cryptocurrencies will continue to offer an exchange of goods and services as an alternative to general currency.
Since the days of Napster, Kazaa, and Limewire, the entertainment industry has done everything it can to prevent pirates from destroying their revenue.
A few years later, a song, movie, or event could be shared worldwide in seconds. Blockchain and smart contract technology can create a decentralized and transparent database of property rights.
It can also prevent piracy and other illegal forms of copyright. Blockchain transactions will be conducted in a secure and transparent manner so that royalties are distributed to the owner in a fair and fast payment system.
Blockchain will disrupt the entire banking system. By having a seamless banking network, we don't have to worry about banking problems anymore.
Reasons for blockchain banking include:
- Shipping costs are reduced
- Fees and taxes are minimal
- Quick setup time
- High security
- There are no others
- Fast shipping abroad
- Do not log out or log out of the system
Note that all your banking transactions are done in an online digital wallet. A bag is a place (program) where you can store and shop.
When you get access to your wallet, you will get two keys. The private key and public key.
A private key is a unique numeric or alphanumeric code, assigned to each user who logs into their account. This is the code to access and manage your account where you can transfer money.
A secret key is like having a credit card with your credit card number, expiration date, and security code.
With this information, you can spend as much as you want. This is why you should never share this secret key and never lose your secret key.
A public key is a code (numbers and letters) that is publicly accessible.
A simple analogy to a public key is having a person's bank account number. Anyone with this number can text me technically and Send money to your account.
NOTE: The public knows the public key. If you lose your public key, you can find it using the private key.
Remember not to lose your private key. So, with blockchain banking, you can imagine how being able to deposit, withdraw, exchange, and transfer money will make things much better and safer - don't you think?
The next step in online gaming may be through crypto-gaming - also known as Crypto-gaming. This will enable players, programmers, and other companies to improve and develop the game to improve the experience for all users.
By having a playground, there will be opportunities to:
• Continue to build and expand the game
• Create a social network of like-minded players
• Have a stable, secure, and transparent job
• You don't have to worry about crashes, cheats, and interruptions
• Reward players, ie organize and sell digital collections, artwork, or virtual worlds. Crowdfunding has become a new alternative to traditional venture capital, bank investment and private equity investment.
In the past, the problems were that the bank wanted an existing business with good capital, investors were eager to show that the business was successful, and the price was high.
Soon, there will be a time when the blockchain will support three types of money.
Blockchain will make the crowd easier when it comes to financial services, business, charity and more. The beauty of blockchain crowdfunding is that there will be:
• Financial conditions are applied
• Instant refund if standards are not met
• Reduced transaction costs
• No advertisers
• The platform is pointless
• Automatic actions according to defined criteria
• Better financing for ICO (initial coin offering)
And once the condition or money is met and the business is successful, the money will be distributed directly to the cause without human error.
Blockchain technology will one day be able to keep personal health record information more private and secure than a centralized authority.
You will finally be able to access your health information with one click and share it only with those you trust.
With blockchain, healthcare will benefit in ways you can:
• Health information that cannot be tampered with, omitted or deleted
• Pharmaceutical companies must have records of past, present and future drugs to be collected and delivered.
• Personal health record list of diagnoses, illnesses and personal health information
• Process insurance claims and reduce fraud and adjust members' quotes based on their current health status
Blockchain technology will streamline the supply chain for businesses and eliminate shipping. Every step, from requesting a transaction to delivering a product or service to a customer, can be tracked, recorded, and tracked.
The most important thing for supply chain management in the blockchain is the understanding and approval that takes place between the transactions made and shared between the suppliers.
This includes transactions made through:
• Import and export
• send
• Change
• Immediate delivery
• Chamber of Commerce
• Agriculture and food
Blockchain can replace traditional trading methods from centralized authorities.
The Future is Blockchain Technology
I hope I have shed some light and broadened your mind a bit about what the future may bring. There is an evolution in which people want to control, improve transparency, eliminate middlemen, and streamline the process.
One day this will be our new thing.
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