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Topic: Other uses of blockchain technology - page 2. (Read 5380 times)

sr. member
Activity: 476
Merit: 250
October 08, 2012, 01:18:52 PM
#2
full member
Activity: 179
Merit: 100
October 08, 2012, 01:16:47 PM
#1
I've only been onto this "funny internet money" for a couple of months, I've been blown away by what I see as the potential for change that bitcoin has.

Its all so genius - the blockchain, what an epic idea.

So what else could it be used for?

I initially thought, "everything" - but I doubt it.

Smart objects:

I think this has been discussed somewhere or another, this would be excellent, thefts would go down (Even though I feel that personal physical attacks may go up), property insurance fraud would go down, everything you own would be in the block chain.

Law:

Signing and agreement of new laws into the blockchain - speaks for itself I think, if we lived in truly democratic society, this would happen already is some fashion.

Coloured Coins:

Cant remember who's been working on this, but I think this is a really good idea, opens the way to all sorts of things, trading card systems, bonds, certificates etc.

Music Industry:

No one likes DRM, and I know I might get flamed for this....but.... the rampage that the music industry is on could be stopped by using blockchain tech - download from say apple a drm free track, using itunes, which really just sends you some bitcoin embedded DRM free music tracks to your itunes wallet..... heres the important bit.... you then OWN those music tracks, they are yours to sell, lend out, burn. I think people would be less inclined to share there music "bitcoin style" if it had "worth".... now I've typed that out - I'm not sure it achieves anything... comments?


What about medical.... has anyone made any artwork out of the blockchain yet?

What else could become of blockchain technology?


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