Why should you as an entrepreneur or investor care more about than ? is still a speculation on a future crypto currency that the world may not yet adopt. Maybe in the future, maybe not. But is a serious technology that can provide a variety of solutions.
The real potential for will come from existing companies or startups that actually build the new platforms and marketplaces of the future. Using (values of an asset), here are four potential solutions that companies can build using .
Digital Rights Management: As assets continue to get deployed across the Internet, whether that is images, music or code, solutions to track them would be a powerful way to control and mange the rights to that asset in an extremely secure manner. That could lead to future royalty payments for the owners of that asset.
Unlocking Real Assets: It’s almost impossible to raise funds to support the building of real assets without tons of paperwork and lawyers. But imagine if you were a developer building 200 homes in a new neighborhood and you wanted to generate some more free cash flow without taking on debt. You could convert the value of the land and the new homes being built into , assign a real value to a and allow multiple investors to buy into a asset class that would appreciate in value and provide a return as the homes were sold.
Investing in Assets: Again, using technology and , you would have the ability to take real assets around the world and allow people (investors) to invest in the asset without contracts or lawyers by simply purchasing of value for that secured asset. Want to invest in a large plot of land in Montana as a partial investor? You could. Want to invest in a Palladium mine in a foreign country? It would be possible.
Customer Reward Marketplaces: Today, we get gift cards, coupons and special promotions that are used to incent us to buy something. Imagine if these offers were based on of value and available to trade in a digital marketplace. That would allow for not only secure tracking but for people to sell or exchange these based on need or want. You don’t want the 40% off of the product but someone else does. Great, exchange or sell it in a marketplace using and . The manufacturer or brand stills wins as they gain a new customer.
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Published at Tue, 21 May 2019 04:28:22 +0000
