As technology advances, there are several examples where blockchain technology is being efficiently used. Here are a few:
Entertainment
KickCity: It is a platform, using blockchain technology that enables party planners to charge for services that they effectively make use of, as compared to the whole package. As these events are marketed, the entire community earns rewards. The platform has more than 70k subscribers and 300 event hosts where each of its goods make over $50k each month.
B2Expand: It’s a company that specializes in producing cross-gaming video games that rely on the Ethereum blockchain. They were the first to be accepted on Steam and have a crypto economy. Their initial video game, “Beyond the Void”, was welcomed into the start-up program of Ubisoft.
Spotify: When Spotify purchased blockchain start-up Mediachain Labs, it intended to aid in the development of solutions via a decentralised database to more effectively connect artists and license agreements with the tunes on Spotify’s service.
Guts: It is a transparent ticketing ecosystem that use blockchain technology to do away with secondary ticket markets and ticket fraud.
Retail
Warranteer: It is an application based over the blockchain technology that aids customers in obtaining information about the products they buy, in order to either receive information or gain support during a problem.
Blockpoint: It enables mobile wallet, loyalty programme, gift cards, and other point-of-sale capabilities while making the process of creating payment systems more straightforward.
Loyyal: This loyalty and rewards network, which is powered by blockchain and smart contract technology, provides more individualised programmes and even permits multi-branded prizes.
Logistics and supply chain
IBM Blockchain: It’s crucial to be aware of the state and quality of each product throughout your supply chain, from raw materials to distribution. Blockchain for supply chains promote transparency by maintaining a shared log of who owns something and where it is located in real
time.
Food
Industry: Finding cases of food-borne diseases is difficult due to the intricate network of the food industry, which extends from buying raw materials from farmers to buying them off through retailers.
Provenance: To guarantee that the sourcing of resources and the creation of products complies with each consumer’s personal values, consumers are increasingly demanding openness surrounding the items they buy and consume.