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

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

< Show Wisdom Collection: NFTs, DeFis and dApps - what are the next generation Blockchain use cases?article avatarJeffrey Paquin

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

article avatarDevin Huffman

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.

article avatarBlessing Alabi

Crypto Enthusiast and Mathematician

What are the next generation Blockchain use cases?

Talking about what I believe is the next generation of blockchain use cases can be accomplished by focusing on the real estate industry, The consistent change in technology can be related to the real estate market, lack of transparency between the buyers and sellers is a basic challenge facing the real estate market. Since real estate industry is driven by transactions, also properties appreciates and also depreciates(that is there is market price fluctuation, this is determined by different factors). Real estate blockchain should be looked considered. Thanks

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

Social media and cryptocurrency websites

article avatarAhesanul Alam

Graphics Designer

What are the next generation Blockchain use cases?

The Next Gen Blockchain use cases would be Blockchain games. Games are evolving like better than any other era. In this era of enriched games, Blockchain games come in handy. As players also get to know the awesomeness of NFT's, as they get more involved into the Blockchain gaming they find the platforms more enjoyable as they get rewarded by tokens or coins which they can actually redeem for real money. I really Blockchain Games should be the Next Gen Blockchain Use case in the near future or so.

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

Coindesk, Decrypt etc are quite good for up to date news of cryptocurrency and blockchain industry developments

article avatarMark Porporino

@Disruptiveinet ⚡ Smarter 5G

What are the next generation Blockchain use cases?

I just finished an article entitled : DeFi: The Time is Now!; available at @disruptiveinet (Disruptive Brands Internet) on Twitter, and t.me/disruptiveinet, Telegram. Another best case use for blockchain-technology might be in the way of securing actual carrier-data inside broadband communications. In fact, I am looking at a possible prototype to prove how the overhead would only be negligible. The problem persists on how-to explain all of this without the implications of cryptocurrency.

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

Blockchain.com

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

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