Other uses like Smart contracts will possibly disrupt some other services too.
Topic: Its the Blockchain (stupid) List and debate the advantages (Read 484 times)
Well banks are going to use private Blockchain technologies to transfer between banks and also central banks. It's going to be cheaper than the existing services like Swift. The will be that they will not be using our Bitcoin Blockchain, but their own privately developed Blockchain Rip off.
Other uses like Smart contracts will possibly disrupt some other services too.
Other uses like Smart contracts will possibly disrupt some other services too.
copyright
Immutable database for individuals to use as sort of a cloud service- where they can store any information and retrieve it at a further date when it is necessary to access it.
Proof of Solvency for Banks
To compile a list of all currently known uses for blockchain and its effects and debate the pros's and cons.
Firstly a couple of refereneces
http://radar.oreilly.com/2015/01/understanding-the-blockchain.html
http://wpengine.com/blog/block-chain-could-be-bigger-than-bitcoin/
To start the ball rolling
1 Real property ownership use easements , mortgages encumbrances and leases ..reduction in Court cases on ownership claims easier ability to demonstrate ownership and provide "unquestionable" documentary evidence
2 Stock / share bond ownership/ transfer and dividend records
3 Births Deaths marriages divorces children... Clear unambiguos and hard to contest or fake records + instant and inexpensive in labor and cost access
4 Licensing records drivers/ business permits
5 general property ownership leasing and mortgages.. boats Cars commercial vehicles planes
6 Citizenship status Passport records ...travel history
7 Credit history
8 Government income and expenditure.. tax records
9 Business revenue /expenditure and profitability/ dividends
10 Cost analysis and monitoring of vehicle fleets transportation costs..Order dispatch location and delivery tracking and confirmation.
11 Insurance premium/ payment /claims records
Please add whatever else you can think of
Jump to: