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

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

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

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

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

Senior Mechanical Designer

What are the next generation Blockchain use cases?

Next generation blockchain use case may be NFT as game items and their use in liquidity pools. Actual games suffer from centralization and barriers between game platforms. NFTs could help exchanging items between different games even run on different blockchains through bridges. Another interesting use case could be social network, which could be built on blockchain to prevent censorship and give user true freedom of expression. At the same time this platform have to incorporate filters to prevent use of social for illegal activities such as paedophilia.

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

In my opinion Decrypt and CryptoBriefing are the best news source.

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