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

Web Developer

What are the next generation Blockchain use cases?

I think, many country now showed interest on Blockchain technology. In my country Indonesia, the government now want to adopt CBDC (Central Bank Digital Currency) named Digital Rupiah. Not like other Blockchain technology, CBDC focused on economy and Central Bank/banking services. I think in the next year, CBDC will be booming. Combined with DeFi, make CBDC got more usecase beside banking services.

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

Cointelegraph, Coingecko, Coinmarketcap

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.

An experienced content creator and digital marketer. I am a seasoned crypto enthusiast

What are the next generation Blockchain use cases?

Putting into consideration the way blockchain has been developing over time through the incoporation of various inventions, this simply implies that the best use case of blockchain is yet to occur. About two years back, dapp was reigning, last year it was defi, this year it is NFT. This inconsistency connotes various mind blowing invention in blockchain in the nearest future.

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

Experty.io

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

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

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

@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.