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

next-generation-blockchain-use-cases

Blockchain is a new frontier in the digital revolution and a way to build the new Internet of Value. It has become a global phenomenon in recent years, but it remains unclear just how far blockchain can go when so much of its potential hasn't been explored yet.
The conversation around blockchain has been going on for years now, and we're only starting to understand its full potential.
Taking into consideration current successful implementations such as:

  • dApps - applications running on a decentralized peer-to-peer network, often referred to as smart contracts;
  • DeFis - tools, open for anyone to use, that let users trade crypto-tokens, take out a loan, or cast a vote;
  • NFTs - a way of preserving the limited edition value of physical objects in the digital marketplace by creating an artificial scarcity.

What are the next-generation Blockchain use cases? And where to find clues?

Yudha Eka Saputra - 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

Enoch Ogbudu - Student

What are the next generation Blockchain use cases?

Considering the blockchain experience upon which certain platforms are built with. However,the next generation blockchain is that initiative which redistribute an effective top profiled security for users and certainly blockchain developers through certain laid down guide. More so,it can be described as a P2P decentralized network for secured interaction between users who adopt payment,sending and receiving of database information as well as transfer of assets across major cities.

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

I think it should be developed with a simplified computerized programmable Algorithmic software.

Juan Diego Gomez Peña - UX Researcher and Designer

What are the next generation Blockchain use cases?

Politics and governments applying technocracy as a fundamental basis for the constitution of the state figure. Traceability and immutability seem to be two characteristics that should be intrinsic in the mechanisms that fight against political corruption worldwide. Sensitive issues such as the presidential elections or the tax reforms proposed by the finance ministries are some of the processes that are most sensitive to human morals and to the individual interests of a few. With blockchain in these 2 processes, the risk of a corrupt output is almost nil. Supply chains find their analog with VeChain, whose ability to offer the truth about a product appears to be a traceability and originality solution that supply chains suffer globally. With the arrival of the NFTs, we have seen how some fine arts and digital art industries have managed to claim authorship over their work as well as a new commercial vector for their activities, which makes it possible for small and medium artists to share spaces with great artists of the medium

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

It is difficult to choose just 1 because there are different media that provide information from different technologies, but if I have to choose 3 those would be: - coindesk - cointelegraph - reddit

Akinpelu Isaiah - Public relation officer

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

Fredrich Eb - 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.

Oladimeji Ajani - Crypto-enthusiast and freelancer

What are the next generation Blockchain use cases?

From my observation, blockchain tends to give a feeling of freedom to users. And what could be more important than user creating a world they've always imagined. Metaverse implementation would give users a deeper experience of what the universe has to offer, in a decentralised alternate world. I see this as an extension of the human senses. Blockchain would also be good in creating deeds as well.

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

Medium

Bhijan Neupane - Full Stack Developer

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

Jeffrey 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

Ale Limón - ingenieer

What are the next generation Blockchain use cases?

In view of the fact that the blockchain is useful for any process that handles any type of information that needs to be preserved intact and that must remain available and secure. I find it particularly desirable for managing legal, civil, and business documents, such as state records. This not only reduces public spending but also presents a solution to users since in some countries, it is still necessary for the user to go to the same physical place where the document is registered to obtain a copy of it, bringing inconveniences of all kinds. The blockchain is presented as an alternative to improve this process.

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

experty.io

Tobi Micheal Olaitan - Manager

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.

Gökhan Yiğit - Blockchain enthusiast

What are the next generation Blockchain use cases?

I think privacy NFTs. These must be custom NFTs. An NFT that can only appear on the network at the owner's request. Thus, people will be able to keep their memories of their private lives on the blockchain for life. Memories can be used on the network by tokenizing special moments. I think this will increase people's use of blockchain

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

DappRadar, Decrypt, LunaDao(local)

Johanan Orok - 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

Malik mudasir - 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

Ryan Munn - 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

Ahesanul 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

ALABI ADEOLA MARTINS - Analyst

What are the next generation Blockchain use cases?

1. Politics and Election where candidate can be voted on a decentralised network. 2. Education; Educational certificate will be replaced by a decentralised minting

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

The coin telegraph

Eric Crawford - CEO

What are the next generation Blockchain use cases?

The next generation use cases consist of decentralizing network security. Blockchain technology allows incentives for converting energy into network security. This can be achieved through mining from home where computing power is contributed to the network, the level of security is reflected in the value of the coin, and miners are rewarded for their contribution. Eventually, the network could be the most secure in the world and used to run the AI economy.

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

Youtube

elgierich salubre salubre - Frontend Developer

What are the next generation Blockchain use cases?

I think the next big thing in blockchain use cases to come (the earliest) would be individual identity tokenization (which is being developed already by several NFT projects) and the interconnection of series of metaverses (which is by theory it is possible as it is running on the same chain). Imagine the movie Player One. 👀

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

I only use social media (mainly twitter, coingecko, coinmarketcap and medium) Also it is always nice to follow project developments through their newsletters. Might sometimes give surprises.

Blessing 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

Devin 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.

Athanasios Sarigiannidis - chem. engineer,trader,investor

What are the next generation Blockchain use cases?

linking fast blockchains with AI , governance mechanics, taking decisions Robots with 0btooerance and chance of mistakes and point of failure due to overdiligence inside a large number of nodes/validators. then comes digital paperwork, governmental paperwork, taxes and all on the blockchain. clean and fair. nfts and gaming tokens is just the playground. blockchain one day will rule the court. AI will rule the court along with a blockchain system to record and log every decision. I'm not here for some ntfs and tokenizing properties and skyscrapers. this is childish play. blockchain will change the map. not the game. in blockchain we trust.

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

do your own research. research teams , github, whitepapers, and groups of people claiming having a product. most of them have 0.its up to you individually to scan through. there's no 1 good place to rule them all and to judge them all. every project is a separate case, someone needs to examine like his his hurting eye.

Olagbadun Olatunde - Cryptocurrencies Trader, Revain Author

What are the next generation Blockchain use cases?

The transparency of Blockchain technology makes it possible for us to use this in Governance and helps to beat corruption. So that's one next use case that I expect of

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

Telegram

Muhammad Fathul Himam - Daily Trading Alt+Btc

What are the next generation Blockchain use cases?

maybe blockchain will be used by a state government to keep state money in order to minimize the occurrence of corruption committed by state officials, namely by using blockchain as a routine transaction for every fund that will be used for state needs, then we can clearly find out what assets sent and how much.

Nguyễn Văn Bộ - web dev

What are the next generation Blockchain use cases?

Real Estate: The Biggest Use Case of Them All The Ricardian Contract: A Smarter And More Useful Digital Contract Tokens: Not Just For ICOs A Blockchain-Driven Economy Where Everyone Is A Participant

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

twitter

Abhishek P - payment expert

What are the next generation Blockchain use cases?

Running our daily lives and world economies at the same time. I think credit scoring, reputation scores etc. will soon be shifted to blockchain so they cant be meddled with. I would also like to image that our entertainment (movies, TV) etc. starts to get stored in the form of 0s and 1s in the blockchain somehow and we are streaming "authentic" content off the blockchain rather than streaming through a media stream.

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

coincrunch, techcrunch, cointelegraph, coingecko, munch.

Adeola Oriade - Architect

What are the next generation Blockchain use cases?

Finding an alternative for fuel and maintaining the speed of light in transacting, exchanges and trading. This would create a lifelong solution to the seemingly problem that poses threat to bitcoin and indirectly influences drastic effects on Altcoins and others.

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

Social media channels with careful selections

Cedric Ramirez - Aide soignant

What are the next generation Blockchain use cases?

The next uses of blockchain will be focused on the digital identity of physical person. Each person will have a digital identity stored on the blockchain and therefore unbreakable.

Ken Smith - Enthusiastic

What are the next generation Blockchain use cases?

I think the next use cases will be the Government elections. Blockchain is explicit and transparent. Sometimes they tend to cheat with the voting machines. I think this is a good point to follow in order to improve as human beings in honesty.

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

I think Twitter is the better platform for that and Telegram of course.

James Barcus - IT VP

What are the next generation Blockchain use cases?

I believe the next large market case will be the medical field. Turning Electronic Medical/Health records (EMR/EHR) into NFTs using smart contracts to validate identity and access and Dapps for patient portals. This could help facilitate patient care and open up global access to the most qualified providers for patients in need while keeping to HIPPA guidelines. I also think we are just barely scraping the surface on the gaming industry. Eventually I believe gaming will become an occupation by being broadcast or streamed paying much higher than they are today as it becomes more mainstream. I believe all gaming platforms will be on blockchains and will be tokenized and be Play-to-Earn.

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

YouTube

Nicole Lappin - Sole proprietor

What are the next generation Blockchain use cases?

I think the next generation use cases are going to explode in the social networking area. The people and their actions and so called “in” activities are going to be our clues. As the world moves closer to being all digital you will see governments adapting the blockchain uses as well

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

Google

Gianni Morselli - 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.

daniel Barnett - 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

Paweł Rokosz - Front-End developer

What are the next generation Blockchain use cases?

Most potent upcoming blockchain use cases might be: 1. Decentralized Identifier (DID) - global identifiers that do not require a centralized registration authority. 2. Energy and Sustainability - solutions like peer-to-peer energy trading. Where shared network of individuals trade excess energy from other participants, reducing control from central authorities. 3. Real estate tokenization - liquidity providers that democratizes investing. Where it becomes much easier to buy, sell, and trade your interest in any real estate.

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

www.experty.io

Richard Trummer - OTC Deals. ICO Advisor at Cryotoknowmics, BITOZZ and More, Strategy, Investor Relations, Big Network in The Cryptospace

What are the next generation Blockchain use cases?

I think the one thing about blockchain that will change many things are smart contracts. So far we have only scratched the surface on how to put them to good us. Possibilities are endless - I am thinking: When you rent a car you sign a smart contract. Once you paid you get access/the keys to the car for a set amount of time(which you have paid for already). Or if you want to sell a house - the new owner only gets the keys once he has paid everything. Smart contracts make otherwise longer procedures less complicated and less time-consuming. And most of all: trustless. I am awaiting big things to come.

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

youtube - CryptoBanter

Mark Porporino - Defacto entrepreneur ⚡ Disruptive Design

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

Goodluck Ifeanyi - 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!

crypto hunter - Crypto 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

Summary

The next generation of blockchain adoption is in real-world use cases. The blockchain revolution is coming.
Personal identity tokenization, gaming, and metaverse interconnectivity would be the first that comes to mind but there's a lot of ground to cover when it comes to decentralized systems. We're already seeing things such as:

  • fractional ownership in Real Estate is being done on Ethereum smart contracts, financial institutions like central banks adopt blockchain technology to storing data on private blockchains (blockchain solution is crucial when document timestamps are important for business processes, eg. legal contracts), it a key difference between old school archives (imagine the internal audit of thousands and thousands of binders) and private blockchain,
  • blockchain eliminates money laundering by recording transactions of digital assets, monetary transactions, and other virtual currencies - transaction record is visible on a public blockchain,
  • widespread adoption of distributed ledger technologies enables users to track their blockchain transactions (and even the entire network) in a verifiable and permanent way; blockchain data is safe yet visible for all network members, they can see when the transaction occurs, which blocks validate transactions, even they can check the previous block and what next is added to the chain,
  • more and more financial services using distributed ledger technology are integrating blockchain for private transactions, and digital asset transaction records between two parties efficiently.


There will be more applications using blockchain technology in the future but it's hard to predict exactly what they'll be.
According to Experty users' comments, the best source to keep up to date with cryptocurrency/blockchain industry developments is Twitter, Coingecko, Coinmarketcap, and Medium.

Feel free to send us any comments, questions, reports, or bright ideas. Let's talk on Facebook Community Group.

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