There is so much potential in the field of that can change the way we do everything.
Let me summarize some of the things that made or “yet to make” the world amazed.
The invention of bitcoin:
First decentralized and implementation of . Solved problem of double spending and eliminated the need of the third party to approve the transaction.
The invention of Ethereum:
It is 2nd generation and uses SmartContracts which makes it highly programmable. Imagine performing a transaction or any task, if and only if a certain set of conditions are met. And, we can easily create Decentralized Applications (Dapps) using this.
IPFS (InterPlanetary File System): The Distributed Web
IPFS is P2P distributed file system that lets users share local files to the world and content viewers aid in serving contents to others on the network. Files are identified by their hashes so, it is caching-friendly. IPFS aims to replace HTTP.
Donate Your Computer’s Spare Time to Science or for Charity
Each day, humans create 2.5 quintillion bytes of data. It requires lots of computational power to process on that data or the progress goes very slow. Any interested party can donate their computer’s spare time for aiding the research in the areas of Cancer, Alzheimer’s, Huntington’s, Parkinson’s, Infectious Disease as well as helping scientists uncover new molecular dynamics through groundbreaking computational techniques. UNICEF Australia launched thehopepage.org, that uses user’s computational power to mine which are spent on clean water, , and vaccines for vulnerable children.
Steemit: Blockchain based social networking platform
It produces in-app tradable which are obtained for posting, discovering, and commenting on content. Imagine getting real money for upvotes or comments on your posts with this platform.
Digital Voting
makes Digital Voting secure and transparent. We can form a chronological chain of blocks storing each vote(or set of votes) and other data. This gives security and integrity to the system while making each one of those votes traceable such that to validate election was not rigged.
…. there are many more
Published at Wed, 24 Apr 2019 10:38:45 +0000