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Due to the Blockchain trend there are more and more business ideas that revolutionize the markets. The Blockchain smartphone could be one of these ideas.
Blockchain is the buzzword of the year and almost everyone has heard of it before. The technology became known mainly by the hype around crypto currencies like Bitcoin. But it’s more than just a way to make money fast. Blockchain has even more possibilities and will change many industries significantly. But the technology is still in the early stages of development and everyone is trying to figure out how to use it for themselves. We show you 7 Blockchain business ideas that will be indispensable in the future.
As with blockchain technology, trust is a key component of APIs. However, with IOT APIs, data validation is a major problem. Blockchain can support this API and ensure that the data that is passed on to developers and companies because the API is valid and trustworthy. Here the blockchain is a complementary product to the API and will support the API technology.
Nowadays everyone talks about Blockchain and it sounds as if this technology could solve any problem and can be used anywhere. But unfortunately this is not true and that’s why we have investigated when Blockchain makes sense. Why, for example, would a company like Amazon disrupte a great service by using a new technology they don’t know? We believe in the potential of the blockchain and we believe that the majority of companies will use it in the future. But it doesn’t mean every company has to have it from the start. Sometimes it’s better to wait and see when the time is right.
With the help of Blockchain Technology, new business models and thus also new products and services will be developed in the near future. We will show you some of the most important Blockchain business and how they will look like.
What used to be e-mail at the beginning of the Internet is now Bitcoin for Blockchain technology. It will take a while before Blockchain can unfold its full potential. Nobody can predict exactly how long it will take. However, we can estimate which types of applications can be used first. For this we have created a Blockchain framework that contrasts the degree of novelty of the technology with its complexity.
Because of Bitcoin and Ethereum, most people have heard of Blockchain. Enterprises can use this technology to automate, secure, and improve workflows. But most companies don’t know how to use Blockchain. Therefore companies like Amazon and IBM offer Blockchain as a Service.