Blockchain applications are so widespread nowadays.
This technology is impacting a wide range of sectors in life.
Some of blockchain applications examples are smart contract use cases, personal identity security use cases, Non-Fungible Tokens (NFTs), and so on.
Let’s review them.
Smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
They are simply programs that are stored on the blockchain.
These kinds of blockchain-based contracts are becoming more and more popular in different sections.
Smart contracts work by following simple “if/when…then…” statements that are written into code on a blockchain. Some examples of this sector are as below:
BurstIQ is a blockchain application related to the healthcare industry and has solved the fundamental challenge of supporting large, complex data on the blockchain while maintaining the security and privacy of the data.
It goes way beyond smart contracts and helps patients and doctors securely transfer medical information.
Propy works in the Real Estate industry.
It is a global real-estate marketplace that is based on a decentralized title registry system.
Propy uses blockchain to offer properties that can be purchased with cryptocurrency.
It provides products like offer management, transaction management; it means that you can easily track and manage all phases of your real estate transactions.
Personal identity security is one of the critical concerns in blockchain applications examples.
Let’s review some of the blockchain-based applications in the identity security sector.
civic uses in identity security and also the fintech industry.
Your growing business can use civic for mobile identity verification.
It also provides authenticating users without storing their data.
Government Identity Document Verification can use civic.
Civic’s Know-Your-Customer (KYC) checks cover 4,500+ identity documents across 195 countries.
Biometric & liveliness verification and phone & email verification can use civic.
By using Evernym, you can Build and deploy self-sovereign identity solutions, with the technology and go-to-market resources powering the largest implementations of digital credentials in production.
Evernym’s sovrin identity ecosystem lets individuals manage their identities all over the web using distributed ledger technology.
Svorin stores private information and also verifies information as true in real-time.
One of the amazing blockchain applications is NFTs. It is a cryptographic asset on the blockchain with unique identification code and metadata that distinguishes from each other.
Dapper Labs uses the power of play to deliver blockchain-based experiences and digital collectibles that are made for you and ready for the real world.
It is one of the first companies that go through the NFTs that provide a marketplace where buyers have the opportunity to become owners of digital media from their favorite NBA players or teams.
Pixura is a platform that helps non-technical users to create, track and exchange digital NFTs on the blockchain. You can Launch a crypto-collectibles marketplace in minutes.