Blockchain is well-known for being Bitcoin’s underlying technology, but many believe blockchain has the power to radically transform whole industries. Here are six non-cryptocurrency blockchain (distributed ledger) use cases to help you form your own opinion.
A smart contract is just like an old-fashioned verbal or paper contract except with a smart contract, the conditions can be met digitally. Smart contracts are not new, but they are newly relevant (and a bit overhyped) because they are an awesome, non-cryptocurrency use of blockchain technology.
Here’s an idea … I’ll call it “Nuber.” You can think of it as a technology that offers all the value Uber offers, but the drivers get all the money. Here’s how it would work.