crypto: 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.

self employed self department

What are the next generation Blockchain use cases?

Next generation blockchains are blockchains that are not even blockchains anymore in a practical sense, which allows them to go beyond the above mentioned restrictions that the common blockchain architecture brings. Thus, next generation blockchains are decentralized software architectures that allow near infinite scalability, have instant transactions, near infinite decentralization, no fees and only use 1 millionth the energy of Bitcoin.

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

Crypto Twitter,CoinGecko,Project Website,News Outlets, Coinmarketcap, Medium

Engineering Technologist

What are the next generation Blockchain use cases?

The number one is Defi which brings about freedom of knowing that you are directly in charge of your money without third party interference like centralized banks which can decide to freeze your bank account without your consent. Staking can be done and you earn extra crypto. Nfts in my opinion will almost totally remove plagiarism knowing that original authours can always be traced and get the benefits from their contents. People can directly make payment to musicians , authors and artist through their without necessary passing throgh third party and beaureacracy of managers. I see the blockchain technology totally revolutionizing the music and arts industry via nfts. Decentralized social media preserves information and third party social media do not need to store people's data without their permission and even use them to make ads while the user gets no benefits

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

Coinmarketcap gives great update, also social media groups like bitcoin talk, news on nomics , tellegram groups and youtube crypto news gives me great insight

Manager / Crypto Passionate

What are the next generation Blockchain use cases?

1. I have noticed the integration of blockchain technology into banking system where crypto debit cards can be used at POS, stores, ATM, etc. To me that is impressive. 2. Multi sender payment: this allows bulky payment of addresses within few minutes. I see this been embraced by government to pay workers and citizens at large with ease. 3. NFTs are really rewarding intellectual properties and the use of Rocki app, CyberFM, etc. will reward artistes for every views and listens instantly. I call this financial freedom.

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

Following blockchains and tokens on Medium. Subscribing to Newsletters (DAppRadar, BSC community, etc.). Joining Reddit crypto communities. Telegram communities.

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.

Technology - Finance - Operations - Sales - Marketing - Business Development - Leadership - Coaching - Non-stop Achiever

What are the next generation Blockchain use cases?

All aspects of beuracracy and systemic processes to create trust and accountability may be enhanced to better suit their objectives and reduce inefficiencies, with Blockchain. Any current system that requires regular audits and corrections may be augmented and adapted using Blockchain, dApps, and/or NFTs to implement processes that create true digital representations of the real world transactions and proofs. An early example may be some of the land and title registry projects on Blockchain. These digital records of a deed are essentially an NFT, and could be re-coded or converted to forms with more NFT functionalities if desired. DeFi opens the world of risk and event mitigation finance and investment. These will enable near-realtime, dynamic actuaries and oracles to provide customized insurance arrangements, results, and automated payouts. We will continue to see these develop and apply themselves within the crypto space, but insurance and captive insurance are where I believe the modern corporations, trade-associations, and governments from all backgrounds will begin to leverage these emerging technologies earliest. With great potential for opportunity and benefits to society.

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

A diverse, actively managed news feed

Executive

What are the next generation Blockchain use cases?

With the evolution of blockchain technology, there will be many use cases as blockchain becomes more incorporated into real life. Already we have dedicated blockchains such as vechain etc. As crypto continues to grow so will the impact on real life, dapps will be more accessible. NFTs will contribute heavily to next generation blockchains as they already do but will continue to grow vastly as more people become aware. Next generation blockchains are just around the corner and we must continue to embrace the technological advances of blockchains

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

Bitcoin talk

Technician/I.T.C Consultant

What are the next generation Blockchain use cases?

Despite several criticisms the blockchain crypto evolution is faced with by today's government due to its current uncertainty, I solely assure that before the year 2040, the blockchain will be the backbone for national database! That is the next generation use of the Blockchain!

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