Block Chain is defining the future of financial freedom. It is revolutionizing the way we spend in a free market by creating a myriad of technologies, which are enabling companies, and corporations to not only trade around the world with anyone but also spend. These companies have incorporated blockchain for better loyalty programs. Here are some examples of these technologies.
Shopin connects retailers with consumers using a reliable profile that enables shoppers to own their complete purchase data, giving control back to the customer and rewarding them financially. Shopin is working to build a more sustainable retail economy by giving retailers and consumers this power. Shopin’s goals entail, re-inventing the retail industry with a new economy of data to increase transactional conversions, having a greater understanding of customers based on a full view of their purchase history, style, preference, and pricing, exchange fair value to shoppers for access to their data via cryptocurrency, and give back to the Ethereum community for continued and sustainable growth.
Spotify has also attributed an engine for creators, and a cryptocurrency that rewards creators for their work, which is the Brooklyn-based blockchain startup Mediachain Labs. This was done to better connect artists and licensing agreements with the songs on Spotify’s service.
The world’s first editor of cross-gaming video games based on the Ethereum Blockchain. Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system. B2Expand helps other actors in the gaming industry do the same thing or develop their own business model based on the blockchain.
BitCar was established in 2015 and developed its world first prototype trading platform technology. Over the last two years BitCar and Ledger Assets Pty Ltd, have established and developed the BitCar technology, skills and grown the Team to bring the BitCar Platform to launch. Over the last year BitCar has tested its platform and will be further developing and converting it into a decentralized trading platform for Exotics.
5) De Beers
De Beers group is progressing with their launch of the first block chain enterprise to encompass the diamond value chain. They will provide a single, carefully designed and permanent digital record for every diamond registered on the platform. The plan they’ve set into place will act as a foundation, so users find confidence in diamonds and the diamond industry by ensuring that all registered diamonds are conflict-free and natural, while also enriching efficiency across the division. A pilot is now underway involving a small number of participants.
6) Origin Trail
Origin Trail is a decentralized protocol that has been designed to share supply chain data via the use of an entirely sheer network. It is currently being used in the food industry as a platform that lets consumers know where their purchases came from and how they were produced.
Block Chain aids in insurance companies gaining trust with their clients. It can improve productivity within the industry. With this knowledge, Accenture has decided to create a program that integrates a range of blockchain interventions, assets, and solutions. Their goal is to build a trusting relationship between insurance companies and transactions/contracts, and customers.
This technology is being implemented in the health industry to allow patients to have control over their medical records and genomic data by using a blockchain solution. Gem has a partnership with Phillips to tackle application and infrastructure development by using Block Chain. Gem Health had a press release claiming their goal is to confront the three biggest issues in the health industry. First is the lack of real-time transparency into health claims transactions involving providers and payers; then there is the amount of time it takes for providers to get paid for their service. Thirdly is the slow rate of provider reimbursements because of the time it takes to generate and deliver the patient’s Explanation of Benefits.
Deedcoin is a Real Estate company that aims to be the new way for home buyers and sellers to connect with real estate agents who accept a lower commission. Instead of typical 6% real estate commission, Deedcoin runs on 1%. This allows buyers to find Real Estate agents not only for a cheaper cost though also at a quicker pace since it is run through a digital platform as opposed to manually outsourcing a realtor. Customers have access to an innovative technology dashboard allowing 24/7 access to an agent or licensed transaction assistant. Deedcoin’s DEED tokens will access a better real estate network that is already usable in 130+ cities and all 50 states.
Utopi is home to a platform that allows philanthropists to see how every penny is spent when donating to a charity. The use of this type of platform accelerates the feedback and when funds are needed and ensure reliability on the part of the charity. This can be used from global influencers to local organizers enabling a helping hand to be reached all around the world.
Blockchain is just the foundation for a never-ending process of consumers partnering with producers to increase trust/liability. It is becoming assimilated in almost every industry and is soon to take over the digital world as far as communication goes.
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