What use case is crypto lacking today?

fullhdpixel

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Quote from: shinratensei_ on February 06, 2022, 10:10:06 AM

Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet,

It's quite difficult to discuss this. Almost all of the ideas related to blockchain development have already been taken by so many developers. Even some developers were also creating a nonsense idea that can't be real. I think that the room to explore the idea to be connected with the blockchain became even smaller and this time the replication of the same idea is very popular among cryptocurrency developers.

It is not about the idea, it is about taking the blockchain further into something new. Just imagine how we moved to decentralized finance (defi) last year, not that it was teh first time it was ever created, but it was certainly the first time it got super hyped, or look at how NFT is popular, or look at metaverse. These did not existed just 3-5 years ago, but blockchain existed for 10+ years now.

This is a proof that blockchain could be used for many different things. Do not just imagine the current blockchain we have and how it could be used, think of the blockchain idea itself, and how it could be improved. If the original bitcoin blockchain was the only blockchan there ever was, then we would have been in a much worse market. What happened was the fact that people took what satoshi did, and improved on that and then used it on their ideas.

dbc23

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NFT has cut across all the left use cases of the Blockchain technology and I doubt if there is anything left to explore except making constant upgrade and improvement on the existing models laid down. Crypto has really changed the spere of investment and project development as virtually everything is now dogitalized and has been given value. For now we are just waiting for the entire government of the world to embrace the technology fully so we can incooperate it into the political and societal growths

fullhdpixel

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Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

With the number of the cryptos that we have on this space I am not sure if there are still lacking with them but I think there's none already because if you can noticed most new projects that comes out are being rejected or have died automatically because they cannot offer something that is unique.

Their developers cannot think of something that will make their project ground-breaking and if there are people that do not like the current state of the cryptos right now just because they think it lacks of something then that is their problem anymore. It is not the cryptos that have a lack but it was their understanding. Cryptos are doing a good job already we know that.

sirminesalot

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Quote from: marilynmanson21 on February 06, 2022, 10:33:24 AM

I hope blockchain is used during elections, because the system is transparent and reliable, so it can be relied on by enthusiastic people in voting for their rights to make them the leader of the country, as we know the current election is a lot of dishonesty and a lot of manipulation

Almost impossible to make the elections using the most transparent system right now since it's a polictical thing and in a politic there must be something with the lobby and the power of the people affected the election result.

marilynmanson21

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I hope blockchain is used during elections, because the system is transparent and reliable, so it can be relied on by enthusiastic people in voting for their rights to make them the leader of the country, as we know the current election is a lot of dishonesty and a lot of manipulation

shinratensei_

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Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet,

It's quite difficult to discuss this. Almost all of the ideas related to blockchain development have already been taken by so many developers. Even some developers were also creating a nonsense idea that can't be real. I think that the room to explore the idea to be connected with the blockchain became even smaller and this time the replication of the same idea is very popular among cryptocurrency developers.

Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

It seems like insurance related project is rarely to be found. I saw this on the crypto market. I have heard that some insurance projects were exist but these projects went to hell. that's very difficult thing when you are looking for a unique idea that is not yet implemented anywhere.

michellee

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Quote from: tyz on February 06, 2022, 07:20:17 AM

Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

We always talk about use cases which new crypto projects should develop. Maybe we should first use the use case for which crypto was actually developed: Payment! The very few people here use crypto as a means of payment but only for speculation, which is understandable given the price development, but which completely misses the point of crypto. Just the fact that after almost 13 years of existence here in this forum there is still no integrated way to pay other users Bitcoin, shows the whole dilemma.

Yes, I agree that crypto needs to develop more in the payment system. With so many cryptos that we know, only a few cryptos are available on the local market: bitcoin. But it may be difficult to find a local market accepting crypto as the option to pay for any stuff or product we buy. Maybe it will be available in some countries but not in all countries.

The use case of the crypto project itself said that they would integrate their project into a real business in real life but once the token enters the market, it seems the project is stagnant or not more developing to achieve their first goals. Maybe one or two or more projects are still trying to figure out how it can be available to be a payment option but the other project still does not yet show the use case.

julerz12

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I can't even think of anything specific since every day plenty of projects/startups is launched with their various use cases for their respective native tokens/coins, so we probably already have all the use cases you can think of.
Probably the common problem is implementing those use cases in the real world, using it and utilizing it, and not just part of the plans written on a digital piece of paper.

Jating

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I do agree with most posters here, the market has been saturated already and there are even more projects in one industry, i. e. medicine. So maybe this 2022 we won't see any projects that will stand out because we have so many projects already. And there are so many copy cats that the competition became stiff and everyone wanted to be the number one in their field.

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Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

probably nothing because obviously all the use case things already implemented in crypto projects. Its the most important for them wherein in order to make the project itself good especially to the eyes of some investors. If we can add more probably it's on their list already but there is just a thing or reason why they cant execute it. Grin

tyz

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Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

We always talk about use cases which new crypto projects should develop. Maybe we should first use the use case for which crypto was actually developed: Payment! The very few people here use crypto as a means of payment but only for speculation, which is understandable given the price development, but which completely misses the point of crypto. Just the fact that after almost 13 years of existence here in this forum there is still no integrated way to pay other users Bitcoin, shows the whole dilemma.

Baofeng

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Quote from: tabas on February 04, 2022, 02:50:44 PM

Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

Almost every use case has already been made by every project. Through payments, e-commerce, games, defi, ecology, and other use cases. It's a good start if you can drop some ideas that you think that hasn't been used by any project.
I can't really think if there's any that these projects have missed when most of them have their own unique use cases based on what they're saying.

This is also what I'm thinking, even in 2017 during the high of crypto's boom and ICO projects, almost all facets of the industry has been covered. From medicine to supply chain, sports etc.

If there is one that we haven't seen then for sure it will be big right now and will be the next hype. But so far we haven't heard except maybe those NFT's, but it's different in my opinion.

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Quote from: Captain Corporate on February 05, 2022, 03:02:01 PM

Honestly the database feature is something so vast, and yet so underutilized so far. Nobody uses blockchain as a business but only for crypto. It is clear to me that if you use blockchain as a company, without using crypto or anything (could have just for the show without using it like a currency) then you could build one of the most massive networks in the world. It has been tried before, but not succeeded. There are way too many computational power in the crypto network to go to waste, so if you promise people some profit, could be miners could be anything, and find customers to use it for the database, the AWS of crypto world type of idea, then you could grow very big. This requires a lot of talent and hard work to achieve plus god knows how much for marketing and keep it going constantly, but if one can achieve it, there is no limit to how much they could earn.

Couldn't agree more, a lot of endless opportunities when business includes blockchain to run their business operations, right now only crypto related services is being offered through blockchain, the technology will be more appreciated when different business fields integrate into blockchain to provide seamless services to their users worldwide, perhaps that time is no longer far, seeing how blockchain has evolved.

bonyaserg

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At the moment, the cryptocurrency uses all its capabilities for the stability and development of the cryptocurrency in the cryptocurrency market. But will the cryptocurrency develop in the same way in the future as it is now. Unfortunately, we don't know about it. One can only assume that the cryptoindustry has already been introduced into our lives for a long time. And every day will only bring us excellent results in business.

takngantuk

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I don't think there's anything new, all use cases have been implemented in crypto. it's just that these projects are still less popular and can't compete with mainstream platforms. all ideas have been implemented in crypto ranging from social media, games, and so on. what must be done now is no longer implementing the idea, but thinking about how to compete with mainstream platforms so that users want to use crypto-based platforms.

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Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

It seems all of ideas related to the blockchain already implemented. I should remind you that if it's not all of ideas need to be implemented in the blockchain. that means if the ideas are limited. I remember in the past some shit scam projects were announcing to create medical record based on the blockchain but this doesn't meet our expectation and it has become a scam token.

I personally have no problem if the new developers will be using the same idea but there must have a new feature or at least an idea that being created by the developers itself. So many crypto has almost the same usecase from one to the each other. This proves that almost all of ideas already explored but the only thing that makes it different if the result from the implementation was totally different from one to the another developers.

Captain Corporate

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Honestly the database feature is something so vast, and yet so underutilized so far. Nobody uses blockchain as a business but only for crypto. It is clear to me that if you use blockchain as a company, without using crypto or anything (could have just for the show without using it like a currency) then you could build one of the most massive networks in the world. It has been tried before, but not succeeded. There are way too many computational power in the crypto network to go to waste, so if you promise people some profit, could be miners could be anything, and find customers to use it for the database, the AWS of crypto world type of idea, then you could grow very big. This requires a lot of talent and hard work to achieve plus god knows how much for marketing and keep it going constantly, but if one can achieve it, there is no limit to how much they could earn.

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Quote from: Anonylz on February 05, 2022, 02:35:10 PM

In the medical field perhaps! I don't think I have seen any project directly related to the medical aspect or there is am not aware of them, in any case, I think the way we have several projects in financial, sports and entertainment, agriculture aspect, there aren't any or many projects in the medical aspect on the blockchain, this I would love to see.

I think with DAO being next big thing we can see and medical field being more involved in crypto. It will huge couple of years for crypto implementation.

Anonylz

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In the medical field perhaps! I don't think I have seen any project directly related to the medical aspect or there is am not aware of them, in any case, I think the way we have several projects in financial, sports and entertainment, agriculture aspect, there aren't any or many projects in the medical aspect on the blockchain, this I would love to see.

7deadlyBTCIN

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The first crypto aim was to replace fiat and be use as means of payment till this day no project have make this happen successfully with no pull backs even BTC haven't reached this level yet.

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Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

These use cases goes usually way beyond the expertise of a generic crypto enthusiast as they are very technical. Most use cases that are not possible yet are due lack of existing tech that could ensure actual legal rights for the ownership while complying with the regulators. Dusk has tackled this problem for a while now.

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Many old crypto projects has flaws, many want to fix a particular problem and ended up not fixing the issue completely, as a Dev it's better to try and fix problems that other projects have this is why I said creating or building crypto projects isn't for everyone.

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Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

In order to propose new options, one must first study what already exists in the blockchain/crypto. I think it will take you a very long time.
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https://blog.chain.link/44-ways-to-enhance-your-smart-contract-with-chainlink/

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I'm from one of the most corrupted countries in the world, I mean top on the list, bad government and big hunger have taken over in my country, if blockchain can be use for voting it will make sense but I've seen one or two projects starting to use this idea the problem is will a corrupted country allow such?.

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Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

I really want to see blockchain to be used on elections, I don't know how this would end but it gives data that are not irreversible right? Another one since it isn't irreversible, A history archives or facts around the world which is safe and secured in blockchain, irreversible and unchangeable. Reliable source is need and free from lies, all truth and can be access and read by the future generation. It is like and E library but it is power by blockchain.

Outhue

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So many useful utilities are available but the ones that actually works aren't much, I think Devs should focused more on failed utilities than trying to find new ones because replacing money is actually the aim of crypto in the first place, now we seeing the new web 3.0 entry maybe it will work only time will tell.

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Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

it seems like that all of use cases already developed in various cryptocurrency even some cryptocurrency have some usecases at once. That means this token is so good. The only thing that you can do is creating the same tokenw tih more improvement on its features. This can be considered as a replication but are you sure to create something unique while we are thousands of crypto in the market with different idea? The majority of these tokens were only cpy and pasting token. It's difficult to make sure you were creating the unique idea without any project that imitated your idea and this already proven so many times. When people fine some different tokens with the same use case.

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Quote from: Skinny48 on February 04, 2022, 01:22:55 PM

Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

Almost every use case has already been made by every project. Through payments, e-commerce, games, defi, ecology, and other use cases. It's a good start if you can drop some ideas that you think that hasn't been used by any project.
I can't really think if there's any that these projects have missed when most of them have their own unique use cases based on what they're saying.

Skinny48

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Let's discuss about new use case that's still not on the blockchain/crypto yet, if you are a developer wannabe what use case do you think we still don't have yet or already in crypto space that can make waves in the future?

Topic: What use case is crypto lacking today? (Read 185 times)