https://www.venafi.com/blog/4-new-uses-blockchain-beyond-cryptocurrency, https://hbr.org/2017/03/how-blockchain-applications-will-move-beyond-finance, https://techstartups.com/2018/04/02/blockchain-applications-exploring-blockchain-use-cases-beyond-bitcoin-financial-services-infographic/, https://appinventiv.com/blog/blockchain-beyond-cryptocurrencies, http://theconversation.com/finally-interesting-uses-for-the-blockchain-that-go-beyond-bitcoin-51213, http://www.nishithdesai.com/fileadmin/user_upload/pdfs/Research%20Papers/Bitcoins.pdf, https://medium.com/@manasbedmutha98/exploring-the-blockchain-technology-beyond-cryptocurrencies-6c3812e9148c, https://blockonomi.com/blockchain-technology-franchising/, https://www.blockchain-council.org/blockchain/how-will-blockchain-grow-beyond-cryptocurrency/, https://www.thehindu.com/business/Economy/use-of-blockchain-beyond-cryptocurrencies/article23638320.ece, https://www.toptal.com/insights/innovation/blockchain-applications-create-enterprise-solutions, https://cantina.co/blockchain-untethered-benefits-of-blockchain-beyond-cyrptocurrency/, https://cryptoducation.com/products/blockchainusecases, Searches related to Exploring The Blockchain Applications Beyond Cryptocurrencies, applications of blockchain technology beyond cryptocurrency, blockchain beyond cryptocurrencies, blockchain use cases, uses of blockchain, potential applications of blockchain technology, list of blockchain applications, blockchain applications examples, list of blockchain applications, blockchain applications pdf, blockchain applications in healthcare, blockchain applications in banking, blockchain applications 2018, blockchain applications wiki, blockchain business applications, https://blockgeeks.com/guides/blockchain-applications/#Where_the_blockchain_comes_in, https://blockgeeks.com/guides/blockchain-applications-real-world/, 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https://dapp.tech/blockchain-applications-how-can-blockchains-be-used-in-the-real-world/, https://www.google.com/search?q=blockchain+applications&num=100&client=firefox-b-ab&tbm=isch&source=lnms&sa=X&ved=0ahUKEwj3qY3ZrO_eAhWQ7lMKHWdPDfwQ_AUICigB&biw=1280&bih=664&dpr=1, https://www.google.com/imgres?imgurl=https%3A%2F%2Fblockgeeks.com%2Fwp-content%2Fuploads%2F2017%2F03%2Finfographics0517-01.png&imgrefurl=https%3A%2F%2Fblockgeeks.com%2Fguides%2Fblockchain-applications%2F&docid=ezZwbsmb4cciBM&tbnid=OtM_Cp-qltMNoM%3A&vet=10ahUKEwji-IX8rO_eAhVjLMAKHb2PDJQQMwhdKAAwAA..i&w=2579&h=1354&client=firefox-b-ab&bih=664&biw=1280&q=blockchain%20applications&ved=0ahUKEwji-IX8rO_eAhVjLMAKHb2PDJQQMwhdKAAwAA&iact=mrc&uact=8, 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Exploring The Blockchain Applications Beyond Cryptocurrencies

 Blockchain Applications. These are Beyond Cryptocurrencies

The Cryptosphere is very broad. And, the Blockchain Applications contribute to the actual realities to that.

https://www.venafi.com/blog/4-new-uses-blockchain-beyond-cryptocurrency, https://hbr.org/2017/03/how-blockchain-applications-will-move-beyond-finance, https://techstartups.com/2018/04/02/blockchain-applications-exploring-blockchain-use-cases-beyond-bitcoin-financial-services-infographic/, https://appinventiv.com/blog/blockchain-beyond-cryptocurrencies, http://theconversation.com/finally-interesting-uses-for-the-blockchain-that-go-beyond-bitcoin-51213, http://www.nishithdesai.com/fileadmin/user_upload/pdfs/Research%20Papers/Bitcoins.pdf, https://medium.com/@manasbedmutha98/exploring-the-blockchain-technology-beyond-cryptocurrencies-6c3812e9148c, https://blockonomi.com/blockchain-technology-franchising/, https://www.blockchain-council.org/blockchain/how-will-blockchain-grow-beyond-cryptocurrency/, https://www.thehindu.com/business/Economy/use-of-blockchain-beyond-cryptocurrencies/article23638320.ece, https://www.toptal.com/insights/innovation/blockchain-applications-create-enterprise-solutions, https://cantina.co/blockchain-untethered-benefits-of-blockchain-beyond-cyrptocurrency/, https://cryptoducation.com/products/blockchainusecases, Searches related to Exploring The Blockchain Applications Beyond Cryptocurrencies, applications of blockchain technology beyond cryptocurrency, blockchain beyond cryptocurrencies, blockchain use cases, uses of blockchain, potential applications of blockchain technology, list of blockchain applications, blockchain applications examples, list of blockchain applications, blockchain applications pdf, blockchain applications in healthcare, blockchain applications in banking, blockchain applications 2018, blockchain applications wiki, blockchain business applications, https://blockgeeks.com/guides/blockchain-applications/#Where_the_blockchain_comes_in, https://blockgeeks.com/guides/blockchain-applications-real-world/, https://execed.economist.com/blog/industry-trends/5-applications-blockchain-your-business, https://www.upwork.com/hiring/for-clients/8-blockchain-applications-help-small-business/, https://www.google.com/imgres?imgurl=https%3A%2F%2Fidevji.com%2Fwp-content%2Fuploads%2F2018%2F09%2FBlockchain-Applications-Header.png&imgrefurl=https%3A%2F%2Fidevji.com%2Fblockchain-applications-beyond-cryptocurrencies%2F&docid=Gx9YaSHa64WIKM&tbnid=xm7Cg6sHHGOyiM%3A&vet=10ahUKEwih8fyLrO_eAhUIAcAKHcGPDg4QMwg5KAAwAA..i&w=761&h=213&client=firefox-b-ab&bih=664&biw=1280&q=Exploring%20The%20Blockchain%20Applications%20Beyond%20Cryptocurrencies&ved=0ahUKEwih8fyLrO_eAhUIAcAKHcGPDg4QMwg5KAAwAA&iact=mrc&uact=8, https://www.google.com/imgres?imgurl=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F1600%2F1*tu1dixFtGm3tExSL7eaVVA.png&imgrefurl=https%3A%2F%2Fmedium.com%2Fmarket-protocol%2Fcryptocurrency-beyond-currency-308fdd499a9b&docid=nKoEnDVc0sN-qM&tbnid=6QAL70HZTW_vWM%3A&vet=10ahUKEwih8fyLrO_eAhUIAcAKHcGPDg4QMwg6KAEwAQ..i&w=1600&h=1079&client=firefox-b-ab&bih=664&biw=1280&q=Exploring%20The%20Blockchain%20Applications%20Beyond%20Cryptocurrencies&ved=0ahUKEwih8fyLrO_eAhUIAcAKHcGPDg4QMwg6KAEwAQ&iact=mrc&uact=8, https://cantina.co/blockchain-untethered-benefits-of-blockchain-beyond-cyrptocurrency/, https://www.n-ix.com/exploring-use-cases-blockchain-technology-fintech/, https://www.coindesk.com/information/applications-use-cases-blockchains, https://www.youtube.com/watch?v=SmvIowD2pEI, https://blog.advids.co/20-blockchain-application-examples-shown-in-various-sectors/, https://www.youtube.com/watch?v=noiIhwkn_8U, 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The Blockchain Applications thrive on:
  1. A secure system.
  2. It needs no higher authority.

Therefore, these are applications beyond the initial application one. That was the cryptocurrencies.

And, to add to that, it also spreads across numerous nodes. That contributes to one of its salient features. The feature is being fraud-proof.

It offers tamper-proof systems. This alone assures users and developers of numerous opportunities for its applications.

In this article, I shall delve into the apps.

That is beside the cryptocurrencies . Remember them, starting with Bitcoin.

Majority of us associate Blockchain with Cryptocurrencies. True, it’s quite hard to imagine the cryptocurrencies without the Blockchain mechanism. So the question we are aswering here is, what more can it offer beyond cryptocurrencies?

One fact we have to admit is that the  Blockchain applications are vast.

If properly exploited, it could explode into mega –investments.

Those may even outdo the value of Cryptocurrencies.

It brings up a unique  scenario. The trajectory in the evolution of Cryptocurrency evolved in two steps. I would say it hit a shark(cryptocurrency) in place of a whale(Blockchain apps).

Blockchain and supply chain

At the end of every supply chain is a trail of records.

The Distributed Ledger Technologies can efficiently handle them.

It can foster more trust and more of transparency across supply chains.

The issue with transparency in itself creates new opportunities.

Where each stakeholder can effectively participate.

Here, Blockchain comes in as records of exchanges that are secure and also shared across the stakeholders.

The are avenues through which it can trace records. They are salient stages from production to consumption.

They are:

  • Where did a product come from? Is the producer associated with human rights violations?
  • Who else has purchased a similar product?
  • Could there be hazardous components in the product?
  • Does this product contain the components as listed ingredients or else?
  • Where else can I get a batch of this product?

 

https://www.venafi.com/blog/4-new-uses-blockchain-beyond-cryptocurrency, https://hbr.org/2017/03/how-blockchain-applications-will-move-beyond-finance, https://techstartups.com/2018/04/02/blockchain-applications-exploring-blockchain-use-cases-beyond-bitcoin-financial-services-infographic/, https://appinventiv.com/blog/blockchain-beyond-cryptocurrencies, http://theconversation.com/finally-interesting-uses-for-the-blockchain-that-go-beyond-bitcoin-51213, http://www.nishithdesai.com/fileadmin/user_upload/pdfs/Research%20Papers/Bitcoins.pdf, https://medium.com/@manasbedmutha98/exploring-the-blockchain-technology-beyond-cryptocurrencies-6c3812e9148c, https://blockonomi.com/blockchain-technology-franchising/, https://www.blockchain-council.org/blockchain/how-will-blockchain-grow-beyond-cryptocurrency/, https://www.thehindu.com/business/Economy/use-of-blockchain-beyond-cryptocurrencies/article23638320.ece, https://www.toptal.com/insights/innovation/blockchain-applications-create-enterprise-solutions, https://cantina.co/blockchain-untethered-benefits-of-blockchain-beyond-cyrptocurrency/, https://cryptoducation.com/products/blockchainusecases, Searches related to Exploring The Blockchain Applications Beyond Cryptocurrencies, applications of blockchain technology beyond cryptocurrency, blockchain beyond cryptocurrencies, blockchain use cases, uses of blockchain, potential applications of blockchain technology, list of blockchain applications, blockchain applications examples, list of blockchain applications, blockchain applications pdf, blockchain applications in healthcare, blockchain applications in banking, blockchain applications 2018, blockchain applications wiki, blockchain business applications, https://blockgeeks.com/guides/blockchain-applications/#Where_the_blockchain_comes_in, https://blockgeeks.com/guides/blockchain-applications-real-world/, https://execed.economist.com/blog/industry-trends/5-applications-blockchain-your-business, https://www.upwork.com/hiring/for-clients/8-blockchain-applications-help-small-business/, https://www.google.com/imgres?imgurl=https%3A%2F%2Fidevji.com%2Fwp-content%2Fuploads%2F2018%2F09%2FBlockchain-Applications-Header.png&imgrefurl=https%3A%2F%2Fidevji.com%2Fblockchain-applications-beyond-cryptocurrencies%2F&docid=Gx9YaSHa64WIKM&tbnid=xm7Cg6sHHGOyiM%3A&vet=10ahUKEwih8fyLrO_eAhUIAcAKHcGPDg4QMwg5KAAwAA..i&w=761&h=213&client=firefox-b-ab&bih=664&biw=1280&q=Exploring%20The%20Blockchain%20Applications%20Beyond%20Cryptocurrencies&ved=0ahUKEwih8fyLrO_eAhUIAcAKHcGPDg4QMwg5KAAwAA&iact=mrc&uact=8, 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Eliminating the trustee middleman

What if all the world over were to transact in Cryptocurrencies?

It would be outright elimination of banks.

The decentralized Blockchain enables transfer of currencies.

The transfers are from one wallet to the other. That’s less the need for any third party authentication.

On the other hand, the fiat currency economy relies on the banking system.

That’s for:

  • the creation,
  • regulation,
  • and remitting of funds.

On the other side, the case for Blockchain is self-regulated.

The supply is comparable to mining abilities and upper limits.

Mainly, it may be hard to imagine a system without banks.

But on this same note, it is worth to keep in mind that Blockchain is a great potential. Both systems are in the hands of the same people.

The continued opposition of banks to Blockchain will render them powerless as people shift to public ledgers.

Shaking up the energy markets at local levels

In most nations, power generation and supply are monopolized. That’s by being produced and supplied by government agencies.

The efforts in green energy are bearing fruit.  More people are obtaining sufficient solar power. They meet and exceed all their energy needs.

Can they sell the excess?

The answer is YES!

If they team up and form a network, that’s it.

Find an application of SolarCoin. It’s for facilitating an individual to make and sell energy. That’s done via Blockchain to secure their transactions.

The transaction costs would be significantly reduced.

Why?

Only a seller and a buyer meet via Blockchain-backed systems to transact.

And, that’s without the need for a third party for the transaction to take effect.

The aspect of Smart contracts

Blockchain enforces transparency.

The pro with it is that it gets a step further. That’s to eliminate intermediary costs in transactions.

Under smart contracts, these are computerized protocols.

They facilitate the enforcement of a contract. The transactions for smart contracts are irreversible be trackable. They are performed credibly without the need for third parties.

The essence of smart contracts is to override some loopholes. The loopholes exist within the traditional contracting. (Which is prone to human feelings).

In business, smart contracts have massive potential.

For instance, insurances companies work concerning specified clauses. Smart contracts would automatically enforce the terms. They do so without seeking redress. That is critical in ambiguous scenarios.

In practical applications, find insurance from Canada undertaking a project dubbed as Blockstream.

More for this also a French management Institution of Learning. It has already deployed Blockchain to certify their degree certifications. So, it steps in as the technology used to deter fraudulent activities within professional spheres.

https://www.venafi.com/blog/4-new-uses-blockchain-beyond-cryptocurrency, https://hbr.org/2017/03/how-blockchain-applications-will-move-beyond-finance, https://techstartups.com/2018/04/02/blockchain-applications-exploring-blockchain-use-cases-beyond-bitcoin-financial-services-infographic/, https://appinventiv.com/blog/blockchain-beyond-cryptocurrencies, http://theconversation.com/finally-interesting-uses-for-the-blockchain-that-go-beyond-bitcoin-51213, http://www.nishithdesai.com/fileadmin/user_upload/pdfs/Research%20Papers/Bitcoins.pdf, https://medium.com/@manasbedmutha98/exploring-the-blockchain-technology-beyond-cryptocurrencies-6c3812e9148c, https://blockonomi.com/blockchain-technology-franchising/, https://www.blockchain-council.org/blockchain/how-will-blockchain-grow-beyond-cryptocurrency/, https://www.thehindu.com/business/Economy/use-of-blockchain-beyond-cryptocurrencies/article23638320.ece, https://www.toptal.com/insights/innovation/blockchain-applications-create-enterprise-solutions, https://cantina.co/blockchain-untethered-benefits-of-blockchain-beyond-cyrptocurrency/, https://cryptoducation.com/products/blockchainusecases, Searches related to Exploring The Blockchain Applications Beyond Cryptocurrencies, applications of blockchain technology beyond cryptocurrency, blockchain beyond cryptocurrencies, blockchain use cases, uses of blockchain, potential applications of blockchain technology, list of blockchain applications, blockchain applications examples, list of blockchain applications, blockchain applications pdf, blockchain applications in healthcare, blockchain applications in banking, blockchain applications 2018, blockchain applications wiki, blockchain business applications, https://blockgeeks.com/guides/blockchain-applications/#Where_the_blockchain_comes_in, https://blockgeeks.com/guides/blockchain-applications-real-world/, 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 Preventing fraud in medical supplies

The Blockchain enforces transparency through:

  1. both transaction and,
  2. storage of information.

In practice, it offers an excellent avenue for cracking down on counterfeit drugs. A vast portion of health complications and losses of lives globally can be averted.

Blockchain facilitates the use of:

  1. Genuine,
  2. Correct and,
  3. approved medications.

Unfortunately, it’s not the case. Involved cartels have infiltrated and manufacture counterfeits drugs. They do compete with original medications.

Third world countries have higher incidences of such related cases.

In Estonia, the Department of Health has used Blockchain too. It’s used to secure millions of health records.

 

Securing land Registries

What proof do I require to provide as an owner of a parcel of land?

Because giving out solid proof that you own a parcel of land is another grey area.

Developed Nations may not have issues at all. However, for Developing Countries, it’s a real problem.

For your information, most conflicts in these nations arise from the resources.

Land as a factor of production to be very particular.

More unfortunate, a majority of nations have weak land registries. For some even nonexistent land registries.

Developing countries are severe victims for that given that technology deployment has been slow in shaping up their records.

With  DLT,   comes a grand avenue that is tamper-proof to verify that you are the real owner.

In practical applications, find Bitland.

It’s a Blockchain application from Ghana. Purposely for registering the land Acts.

From Honduras, a firm named Epigraph. It worked with the Government to record all its territories.

Superior democracies

The entire world over, nations electoral systems rely on the numbers.  Those with numbers determine who rules.

The Blockchain technology-enhanced voting systems are a high possibility.

That is to say, Blockchains facilitated elections are very secure.

In the long run, that save us resources. They may be  the:

  1. The time taken,
  2. The efforts and,
  3. And, the hectic paperwork procedures our systems incur presently.

So, the authority can assure ordinary voters that their electoral systems are tamper-proof. Therefore, the credibility of the final results tally stands out from that.

That is to say, Blockchain can ensure safe online voting and tallying system that are fraud-proof.

Concluding note:

Now, the reality is dawning amongst us. And, Blockchain application-based solutions have rolled out already.

Moreover, that’s in actual life situations.

And, they are vast plus inherent in the characteristics of God-sent solutions.

So, consider the advances in computing and the internet. And, take it back for the past two or three decades.

To clarify, technology has radically changed the way human beings act. Above all, technology has transformed their thinking.

So, could the Blockchain technology become the next huge revolution?

Consequently, I believe it’s capable of scaling the transformative applications.

However, What would a world full of Blockchain applications be?

Simmilarly, by when exactly would we this apps running?

How?

That leaves us with more questions.

Probably with more to explore and exploit form Blockchain.