contract: NFTs, DeFis and dApps - what are the next generation Blockchain use cases?

Blockchain and Crypto Project Consulting

What are the next generation Blockchain use cases?

The presentation of the question appears to cast a shade or two of confusion of what a 'dApp' really is. So, let's clear that up first before we go on to understand where we are headed in blockchain usecases. dApp stands for Decentralized Application or what I'd like to call, for the purpose of this write up, 'A Decentralized Userpoint' or, more aptly, 'A Decentralized Point-Of-Usage'. It goes without saying that any item or tool that helps us relate with (or express ourselves on) the blockchain can be referred to as a dApp. So, a DEX is a dApp, an Explorer is a dApp, so is a Coin or Token, and by extension, a Non-Fungible Token (NFT). Still in this same light, there are various categories of dApps depending on what they helps us achieve on (or with) the blockchain. There are Decentralized Finance (DeFi) dApps, Artificial Intelligence (AI) dApps, Machine Learning (ML) dApps, Wallet dApps, Gaming dApps, NFT dApps etc. And as in any other item or tool we use on planet earth, the use to which we put some basic dApps can overlapp to other areas, and form what I'd like to call "Composite dApps". Yes, we're heading for a 'Composite' future in blockchain applications. So, in trying to pin point the next big thing in the blockchain space, let's look out for that dApp that solves challenges in two or more aspects of our human existence as well as put more money in our pockets. Did I just mention 'DeFi' again? Well, yes, the dApp must include a good enough touch of finance for it to survive in the new paradigm that came with DeFi few months ago. As can be seen from this chart: https://postimg.cc/pm0nz4vw Smart money didn't take us seriously until DeFi broke out in 2020. Satoshi came out in the beginning with "Decentralized Peer-to-peer internet money", Ethereum extended that later on with Smart Contract and tokenization which could only take the Crypto industry to a max of $600B in market capitalization after 10 years of struggle. Then came DeFi dApps which weaved all those prior ideals and usecases into a tool that helped us make more money on top of our money on, even, rare compounded auto-pilot mode. This was what opened the floodgates that'd taken the cryptosphere to above $2T in less than 8 months. Here on out, therefore, any dApp that want to compete for user adoption in our crypto space must, in addition to being useful in one or more other industries, have a DeFi offering, and a good one at that. Sticking my neck out, I'd say the next big thing in blockchain is dApps with NFT+Gaming+DeFi offerings. And Twitter search remains my discovery channel of choice.

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

Twitter search.

Compliance Engineer

What are the next generation Blockchain use cases?

What I feel will be an excellent used case for Blockchain would be a decentralized SRO (self regulatory organization). In my 20 years a compliance engineer I have become an expert in the code of federal regulations the interpretation of them, the implementation of them. The creation of them, and the revision. Regulatory compliance is a fickle beast. Standards are waiting for a broad range of applications. And what I've seen in terms of compliance and regulation within the cryptocurrency and blockchain space dumbfounds me. People are scared to death of it when they don't need to be. Existing regulatory bodies CFTC the SEC have no idea how to properly implement regulations. I am of the opinion that the regulations should be created by The current resident experts and influencers in Blockchain and cryptocurrency technology. I feel that the Blockchain and smart contracts could be written to perform all of the necessary steps to ensure KYC, AML, Requirements as well as the other regulatory implementations that need to be complied with. By making this it's on decentralized blockchain of contract requirements for projects comply with In order for the smart contracts to execute. Just like when submitting regulatory documents to governing bodies, this regulatory Blockchain should have all of these requirements built in the smart contracts therefore when a new project satisfies all the contract requirements and becomes A member of the SRO then without question that project will be in compliance. Leaving these matters in the hands of individuals or government organizations is to leave the door open for corruption, Bias and And interpretational manipulation of standards to benefit one or to hinder another. By decentralizing regulation and ensuring proper compliance is built in the smart contracts everybody will be on the same playing field. Since 2017 I have been talking about this. Reach out if you want to know more. Another use case, would be to put ISO 9001 Certification process into smart contracts and Blockchain technology. God bless and prosper.

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

Without a doubt the app BTCnews! I have been using that app for five years now. The developer is continually updating it and it is a compilation of industry news from every news source all compiled in one application it is absolutely necessary If you wanna be on top news in the space

Full Stack Developer / Crypto / Blockchain

What are the next generation Blockchain use cases?

Blockchain technology has gone far beyond just a means of payment. There are already smart contract-enabled blockchain networks with higher TPS and wider use cases like NFTs, DApp, DeFi applications, supply chain management, etc. Despite the pace of technology, human intervention is still there in the different roles in the blockchain network so, in the future, I think AI-enabled blockchain will process everything and such blockchain will be capable of doing the following things: 1.Blockchain-powered decentralized storage and internet. 2.Security data processing. 3.Automated payment processing. 4.Highly scalable blockchain to share the arbitrary/media data. 5.Open finance to everyone.

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

Decrypt.co

Professional cleaner

What are the next generation Blockchain use cases?

I believe the next generation of blockchain ise cases are going to banks becoming decentralized themselves. I believe countries are going to come out with there very own crypto currencies soon enough. Think of the amount of money 1 country would save if they just built a smart contract. Instead of having machines do all the work and the expenses of making such machine. They could write up a few lines of code. You could then run everything with this currency. It would stop the armored trucks from going bank to bank. Stop people from have to dispose and shred old cash... i think the biggest downfall would be loss of jobs. I hope we one day all use virtual currencies. We just have to make them unhackable. Thats the biggest downfall of cryptocurrency today!

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

I prefer to use bitcointalk myself.

web dev

What are the next generation Blockchain use cases?

Real Estate: The Biggest Use Case of Them All The Ricardian Contract: A Smarter And More Useful Digital Contract Tokens: Not Just For ICOs A Blockchain-Driven Economy Where Everyone Is A Participant

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

twitter

OTC Deals. ICO Advisor at Cryotoknowmics, BITOZZ and More, Strategy, Investor Relations, Big Network in The Cryptospace

What are the next generation Blockchain use cases?

I think the one thing about blockchain that will change many things are smart contracts. So far we have only scratched the surface on how to put them to good us. Possibilities are endless - I am thinking: When you rent a car you sign a smart contract. Once you paid you get access/the keys to the car for a set amount of time(which you have paid for already). Or if you want to sell a house - the new owner only gets the keys once he has paid everything. Smart contracts make otherwise longer procedures less complicated and less time-consuming. And most of all: trustless. I am awaiting big things to come.

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

youtube - CryptoBanter

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.