โ
Blockchain for the Future: A (growing) list of blockchain use cases (2/3)
โถ๏ธ Non-exhaustive list of blockchain use cases per industry.
๐ Automotive
๐นTrack truthful, full history of vehicle from pre-production to sale
๐นSupply chain parts management
๐ Banking, Financial, Fintech
๐นStreamline payments processing with high efficiency, fast and secure transactions
๐นEmpower global transactions, tearing down national currency borders
๐นMinimize auditing complexity for any financial ledger
๐ Charity
๐นTracking donation allocation, accountability, integrity
๐นReduce overhead and complexity of donation payment processing
๐ Cloud Storage
๐นIncreased security with a shift from centralized data security to decentralized network
๐นLower transactional costs within a decentralized network
๐นCrowdsourcing unused cloud storage
๐ Commercial Vehicles and Transportation
๐นTracking journey stops; paired with IoT to create an immutable ledger of trip data
๐ Credit History
๐นMake credit reports more accurate, transparent, and accessible
๐ Cybersecurity
๐นFight hacking with immutability of ledger
๐นGuarantee validity with data integrity
๐นNo Single Point of Failure (decrease in IP-based DDoS attack success)
๐ Donations
๐นProvide auditable trail for donations to prevent fraud
๐นEnsure crowdfunded campaigns receive donations and contributors are compensated
๐ Education
๐นDigitizing, verifying academic credentials
๐นFederated repository of academic information specific to class, professor, and student
๐ Energy
๐นBypass public grids to allow for cheaper, peer to peer energy transfer
๐นSmart utility metering
๐ Forecasting
๐นCombined with machine learning algorithms, blockchain can provide a decentralized forecasting tool
๐ Government and Voting
๐นReduce voter fraud, inefficiencies with verifiable audit trails
๐นMinimize government fraud, digitize most processes
๐นIncrease accountability and compliance for government officials
๐นIdentity validation; integrity of citizen registry data
๐ Gun Safety
๐นTracking gun ownership and possession related information
๐นTracking criminal ID history and attempts to purchase
๐ Human Resources
๐นBackground checks: Verification of identity, employment history
๐นPayment and benefits process validation โ smart contracts
๐ Insurance
๐นImprove multi-party contracts
๐นStreamline risk contract efficiency
๐นStreamline claims adjudication
๐นReduce disputes with transparency of shared data
๐ IOT
๐นAbility for IoT applications to contribute transactional data to blockchains
๐นImplications across industries (trucking/transportation, supply chain integrity, etc.)
๐ Law enforcement
๐นIntegrity of evidence, resistance to falsification of case data
๐นDocumentation of time-stamped, chronological chain of facts
๐ Legal
๐นSmart contracts with defined rules, expiration, and accessibility for relevant parties.
๐ Marketing
๐นBypass intermediaries, providing more cost-effective advertising
โถ๏ธ Non-exhaustive list of blockchain use cases per industry.
๐ Automotive
๐นTrack truthful, full history of vehicle from pre-production to sale
๐นSupply chain parts management
๐ Banking, Financial, Fintech
๐นStreamline payments processing with high efficiency, fast and secure transactions
๐นEmpower global transactions, tearing down national currency borders
๐นMinimize auditing complexity for any financial ledger
๐ Charity
๐นTracking donation allocation, accountability, integrity
๐นReduce overhead and complexity of donation payment processing
๐ Cloud Storage
๐นIncreased security with a shift from centralized data security to decentralized network
๐นLower transactional costs within a decentralized network
๐นCrowdsourcing unused cloud storage
๐ Commercial Vehicles and Transportation
๐นTracking journey stops; paired with IoT to create an immutable ledger of trip data
๐ Credit History
๐นMake credit reports more accurate, transparent, and accessible
๐ Cybersecurity
๐นFight hacking with immutability of ledger
๐นGuarantee validity with data integrity
๐นNo Single Point of Failure (decrease in IP-based DDoS attack success)
๐ Donations
๐นProvide auditable trail for donations to prevent fraud
๐นEnsure crowdfunded campaigns receive donations and contributors are compensated
๐ Education
๐นDigitizing, verifying academic credentials
๐นFederated repository of academic information specific to class, professor, and student
๐ Energy
๐นBypass public grids to allow for cheaper, peer to peer energy transfer
๐นSmart utility metering
๐ Forecasting
๐นCombined with machine learning algorithms, blockchain can provide a decentralized forecasting tool
๐ Government and Voting
๐นReduce voter fraud, inefficiencies with verifiable audit trails
๐นMinimize government fraud, digitize most processes
๐นIncrease accountability and compliance for government officials
๐นIdentity validation; integrity of citizen registry data
๐ Gun Safety
๐นTracking gun ownership and possession related information
๐นTracking criminal ID history and attempts to purchase
๐ Human Resources
๐นBackground checks: Verification of identity, employment history
๐นPayment and benefits process validation โ smart contracts
๐ Insurance
๐นImprove multi-party contracts
๐นStreamline risk contract efficiency
๐นStreamline claims adjudication
๐นReduce disputes with transparency of shared data
๐ IOT
๐นAbility for IoT applications to contribute transactional data to blockchains
๐นImplications across industries (trucking/transportation, supply chain integrity, etc.)
๐ Law enforcement
๐นIntegrity of evidence, resistance to falsification of case data
๐นDocumentation of time-stamped, chronological chain of facts
๐ Legal
๐นSmart contracts with defined rules, expiration, and accessibility for relevant parties.
๐ Marketing
๐นBypass intermediaries, providing more cost-effective advertising
โ
Blockchain for the Future: A (growing) list of blockchain use cases (3/3)
โถ๏ธ Non-exhaustive list of blockchain use cases per industry.
๐ Media
๐นControl of ownership rights
๐นAnti-piracy / copyright infringement
๐นUse of smart contracts for artist compensation/legal proceedings
๐นPayments processing โ cryptographic, secure, and anti-3rd party
๐นImplications across industries (trucking/transportation, supply chain integrity, etc.)
๐ Medical/Healthcare
๐นDrug Supply Chain Integrity
๐นPatient Databases/Indexes on blockchain
๐นClaims Adjudication
๐นMedical Supply Chain Management
๐นTransparency and Automation within the patient-to-hospital or patient-to-doctor transactions
๐นClinical trial provenance โ integrity with an auditable trail of data exchange
๐นEfficiency, privacy, and ownership of patient health data
๐ Public Transportation
๐นStreamline public transportation
๐นProvide more accurate payment for ride, gas, and wear and tear
๐ Real Estate
๐นTransparency within agreements
๐นVerify property information, update and decentralize records
๐นReduce paperwork, digitize transactional processes
๐นRecord, track, transfer land titles
๐ Travel
๐นPassenger Identification, boarding, passport, payment, and other documentation digitized and verified
๐นLoyalty programs digitization and tracking
๐ Wills and Inheritances
๐นSmart contracts to determine validity of will and allocation of inheritances
๐นAs Enterprises across industries begin to adopt blockchain technology into their everyday processes, use cases will expand exponentially.
โถ๏ธ Non-exhaustive list of blockchain use cases per industry.
๐ Media
๐นControl of ownership rights
๐นAnti-piracy / copyright infringement
๐นUse of smart contracts for artist compensation/legal proceedings
๐นPayments processing โ cryptographic, secure, and anti-3rd party
๐นImplications across industries (trucking/transportation, supply chain integrity, etc.)
๐ Medical/Healthcare
๐นDrug Supply Chain Integrity
๐นPatient Databases/Indexes on blockchain
๐นClaims Adjudication
๐นMedical Supply Chain Management
๐นTransparency and Automation within the patient-to-hospital or patient-to-doctor transactions
๐นClinical trial provenance โ integrity with an auditable trail of data exchange
๐นEfficiency, privacy, and ownership of patient health data
๐ Public Transportation
๐นStreamline public transportation
๐นProvide more accurate payment for ride, gas, and wear and tear
๐ Real Estate
๐นTransparency within agreements
๐นVerify property information, update and decentralize records
๐นReduce paperwork, digitize transactional processes
๐นRecord, track, transfer land titles
๐ Travel
๐นPassenger Identification, boarding, passport, payment, and other documentation digitized and verified
๐นLoyalty programs digitization and tracking
๐ Wills and Inheritances
๐นSmart contracts to determine validity of will and allocation of inheritances
๐นAs Enterprises across industries begin to adopt blockchain technology into their everyday processes, use cases will expand exponentially.
Power Crypto Club
๐ #Polygon Network & $MATIC Token
โก๏ธ$MATIC Only 100% from its ATH
๐ #MATICEUR retests its broken resistance of 525 days to turn it into support which could be a potential interesting buy entry point, after rebound from there...
๐ #Polygon could be the first Top20 crypto (ranked $8) to hit a new ATH which is only 125% up, at $2.92
๐ Tokenization Supply:
๐นMax Supply: 10,000,000,000
๐นTotal Supply: 10,000,000,000
๐นCirculating Supply: 8,734,317,475 (87%)
๐นMarket Cap: $11,787,887,332
๐นFully Diluted MC $13,488,323,685
๐ Tokens Distribution:
๐นTeam: 16% of total supply
๐นAdvisors: 4% of total supply
๐นNetwork Operations: 12%
๐นFoundation: 21.86%
๐นEcosystem: 23.33%
๐ #MATICEUR retests its broken resistance of 525 days to turn it into support which could be a potential interesting buy entry point, after rebound from there...
๐ #Polygon could be the first Top20 crypto (ranked $8) to hit a new ATH which is only 125% up, at $2.92
๐ Tokenization Supply:
๐นMax Supply: 10,000,000,000
๐นTotal Supply: 10,000,000,000
๐นCirculating Supply: 8,734,317,475 (87%)
๐นMarket Cap: $11,787,887,332
๐นFully Diluted MC $13,488,323,685
๐ Tokens Distribution:
๐นTeam: 16% of total supply
๐นAdvisors: 4% of total supply
๐นNetwork Operations: 12%
๐นFoundation: 21.86%
๐นEcosystem: 23.33%
โ Another incriminating article against #Binance, written by a journalist from California (same hometown as #SBF) who, like US authorities, clearly wants the head from #CZ' for having triggered the collapse of #FTX.
This case becomes more than ever a settling of scores, where the sore losers are desperate to secure their revenge by all means, and regardless of the collateral damages that could affect the entire cryptosphere.
โ UPDATE: I just noticed in the article the choice of an old photo of #CZ with a shaved head that not giving him a nice look, like they had already found him guilty with a prison sentence! These processes are commonly used in any propaganda, but coming from the USA with their big lies and repetitive #fakenews to the World, it disgusts me even more. ๐ก
https://africa.businessinsider.com/markets/ftx-might-not-have-been-the-only-crypto-exchange-using-customer-money-for-other/x0303mr
This case becomes more than ever a settling of scores, where the sore losers are desperate to secure their revenge by all means, and regardless of the collateral damages that could affect the entire cryptosphere.
โ UPDATE: I just noticed in the article the choice of an old photo of #CZ with a shaved head that not giving him a nice look, like they had already found him guilty with a prison sentence! These processes are commonly used in any propaganda, but coming from the USA with their big lies and repetitive #fakenews to the World, it disgusts me even more. ๐ก
https://africa.businessinsider.com/markets/ftx-might-not-have-been-the-only-crypto-exchange-using-customer-money-for-other/x0303mr
Business Insider
FTX might not have been the only crypto exchange using customer money for other things
Insider's Phil Rosen explains how Binance is coming under scrutiny for its shuffling of customer funds in a way that's strikingly Sam Bankman-Fried's failed exchange.
โ
CRYPYO BREAKING NEWS: The Last of Finance's Biggest Cunning Dinosaurs Has Finally Spoken, and it Was Worth the Wait!
๐น2018 - Warren Buffett has always been a crypto skeptic and even called #Bitcoin "the rat's death squared".๐ก
๐น2021 - Warren Buffett acquired 30 million #Nubank shares for $500 million when the latter went public, clearly show the desire to increase his exposure to #Fintech, while reducing his stake in more 'traditional' financial firms.๐ง
๐น2023 - Warren Buffett backed #Nubank, a Brazil-based #neobank that announced the launch of its own crypto #Nucoin, the token of which will be issued on top of #Polygon network and airdropped to the institution's end users, with 80% of the total emission being directed towards the customers.๐
๐ The moral being: Don't do what billionaires investor tell you to do... Do What They Doโ๏ธ
@Alainbkk 4-Mar-23
๐น2018 - Warren Buffett has always been a crypto skeptic and even called #Bitcoin "the rat's death squared".๐ก
๐น2021 - Warren Buffett acquired 30 million #Nubank shares for $500 million when the latter went public, clearly show the desire to increase his exposure to #Fintech, while reducing his stake in more 'traditional' financial firms.๐ง
๐น2023 - Warren Buffett backed #Nubank, a Brazil-based #neobank that announced the launch of its own crypto #Nucoin, the token of which will be issued on top of #Polygon network and airdropped to the institution's end users, with 80% of the total emission being directed towards the customers.๐
๐ The moral being: Don't do what billionaires investor tell you to do... Do What They Doโ๏ธ
@Alainbkk 4-Mar-23
โ
Goldman Sachs advises to Buy Apple on resistance with a Target of +30%. ๐
๐ Either I missed something, or I will have to re-study all the basics of technical analysis, because one of the first trading rules you learn is "We Buy the Support & We Sell the Resistance", and not the other way around!
๐ Either I missed something, or I will have to re-study all the basics of technical analysis, because one of the first trading rules you learn is "We Buy the Support & We Sell the Resistance", and not the other way around!
โ
Binance US gets green light to buy Voyager Digital Assets
Voyagerโs restructuring plan is moving ahead eight months after the crypto lender filed for bankruptcy, and after FTX offered to buy Voyager's platform in a bankruptcy auction, but the proposed acquisition fell apart when FTX imploded in last November .
When I repeat to you that we are not at the end of our surprises in this affair #FTX #SBF #BINANCE #CZ ๐
https://decrypt.co/122942/binance-us-cleared-acquire-voyager-digital-assets-sec
Voyagerโs restructuring plan is moving ahead eight months after the crypto lender filed for bankruptcy, and after FTX offered to buy Voyager's platform in a bankruptcy auction, but the proposed acquisition fell apart when FTX imploded in last November .
When I repeat to you that we are not at the end of our surprises in this affair #FTX #SBF #BINANCE #CZ ๐
https://decrypt.co/122942/binance-us-cleared-acquire-voyager-digital-assets-sec
Decrypt
Binance US Cleared to Buy Voyager Assets as Judge Dismisses SEC Objections - Decrypt
Voyager Digital has won court approval to its assets to Binance US after a bankruptcy judge today approved the process.
๐ฉ#Bitcoin Quick Updateโผ๏ธ
๐ $BTC after being rejected again at $25k resistance, is now back in its range, exactly in the middle of the neutral zone between the 32.8% and 61.8% Fibonacci retracement levels, so nothing to do for the moment if not wait.
๐ $BTC is now oscillating into a 270-day mature accumulation range which is the longest formed range since 2017, and demonstrating the inevitable evolution of its price structure to best approach those of traditional stock market assets, with more stability and less volatility as requested by institutional investors.
๐ $BTC after being rejected again at $25k resistance, is now back in its range, exactly in the middle of the neutral zone between the 32.8% and 61.8% Fibonacci retracement levels, so nothing to do for the moment if not wait.
๐ $BTC is now oscillating into a 270-day mature accumulation range which is the longest formed range since 2017, and demonstrating the inevitable evolution of its price structure to best approach those of traditional stock market assets, with more stability and less volatility as requested by institutional investors.
๐ฉ#Alts Market Quick Updateโผ๏ธ
๐ Alts Total Market Capitalization (excluding $BTC) has lost $100 billion since its last high, and is now retesting the previous broken resistance of the "Adam & Even" double bottom, with most certainly a strong rebound from there. Here too, wait and see.
๐ Alts Total Market Capitalization (excluding $BTC) has lost $100 billion since its last high, and is now retesting the previous broken resistance of the "Adam & Even" double bottom, with most certainly a strong rebound from there. Here too, wait and see.
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โ
"$SIVB still cheap at $320" โ๏ธ
- Jim Cramer 10-Feb-2023 on CNBC
โ ๏ธ CNBC's Jim Cramer urged viewers to buy Silicon Valley Bank stock last month at $320, but his prediction was completely wrong when the price of $SIVB plunged dramatically to reach $106. ๐
Update: Today, the bank was closed by California regulators, making it the 2nd largest banking failure in US history.
- Jim Cramer 10-Feb-2023 on CNBC
โ ๏ธ CNBC's Jim Cramer urged viewers to buy Silicon Valley Bank stock last month at $320, but his prediction was completely wrong when the price of $SIVB plunged dramatically to reach $106. ๐
Update: Today, the bank was closed by California regulators, making it the 2nd largest banking failure in US history.
โ
BREAKING NEWSโผ๏ธ
Circleโs $USDC Endured $1B of Net Redemptions Since Silicon Valley Bank's Shutdown
๐น TA Graph: $USDT vs $USDC
๐น $USDC is now depegged at $0.982
๐น Binance temporarily suspends auto-
conversion of $USDC to $BUSD,citing market conditions and high inflows.
๐น Some people are starting to move into Tether
๐น President and CEO of collapsed Silicon Valley Bank Greg Becker was a Class A director at the San Francisco Federal Reserve, Reuters reports.
๐น Nearly 50% of all venture capital-backed startups in the US had exposure to Silicon Valley Bank $SIVB.
https://www.coindesk.com/markets/2023/03/11/circles-usdc-endured-1b-of-net-redemptions-since-silicon-valley-banks-shutdown/
Circleโs $USDC Endured $1B of Net Redemptions Since Silicon Valley Bank's Shutdown
๐น TA Graph: $USDT vs $USDC
๐น $USDC is now depegged at $0.982
๐น Binance temporarily suspends auto-
conversion of $USDC to $BUSD,citing market conditions and high inflows.
๐น Some people are starting to move into Tether
๐น President and CEO of collapsed Silicon Valley Bank Greg Becker was a Class A director at the San Francisco Federal Reserve, Reuters reports.
๐น Nearly 50% of all venture capital-backed startups in the US had exposure to Silicon Valley Bank $SIVB.
https://www.coindesk.com/markets/2023/03/11/circles-usdc-endured-1b-of-net-redemptions-since-silicon-valley-banks-shutdown/
๐ฉ#Bitcoin Quick Updateโผ๏ธ
๐ Not much to say, except that $BTC has jumped almost +35% since last Friday with 3 strong green daily candles, that broke $25k resistance and hit $26,370, while most experts and media were talking about the "End of the World" for the cryptosphere. ๐ ๐๐คฃ
๐ Not much to say, except that $BTC has jumped almost +35% since last Friday with 3 strong green daily candles, that broke $25k resistance and hit $26,370, while most experts and media were talking about the "End of the World" for the cryptosphere. ๐ ๐๐คฃ
๐ฉ#Ethereum Quick Updateโผ๏ธ
๐ Nice price structure that could boost this 3rd extended impulsive wave....
๐ Nice price structure that could boost this 3rd extended impulsive wave....
๐ฉ#Alts Market Quick Updateโผ๏ธ
๐ Alts Total Market Capitalization (excluding $BTC) has recovered its $100 billions over the weekend, which is a good sign that investors are back in the Alts market. ๐
๐ Alts Total Market Capitalization (excluding $BTC) has recovered its $100 billions over the weekend, which is a good sign that investors are back in the Alts market. ๐