future: 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.
Akinpelu IsaiahAn 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?
Vision NFull 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?
Ahesanul AlamGraphics 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
crypto hunterCrypto trader
What are the next generation Blockchain use cases?
I believe it will soon be on Automotive Industry as we all know Elon Musk started to announce that Tesla cars could now be bought through BTC, we may expect that the real estate industry will follow to give more transparency with the prospect clients from sellers to avoid fraud transactions and with clean titles before handed over to its next owner plus on E-commerce as well as it already started with some sites offering rewards for consumers who have opted for their data to receive some marketing ads that suits them, blockchain might as well target the Movie industry in the near future either on subscriptions on online streams or movie rentals like what playstore have already started but still on fiat currency.
What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?
coinmarket to coingecko and coindar
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.