Opportunity 1- Block chain technology is going to help Banks transfer money
A. Source – https://www.cnbc.com/2017/05/26/bitcoin-rival-ripple-is-sitting-on-many-billions-of-dollars-of-xrp.html
B. Why is this an opportunity? Currently banks are using ‘SWIFT’ to transfer money. SWIFT was created in the 70’s to help with banking. Now-a-days we need something that is faster, cheaper, and safer. Block chain checks all of those boxes.
C. Who will benefit from this opportunity? Companies and consumers will benefit from this technology.
D. Is this opportunity easily relatively easy or relatively difficult to exploit, and why do you think so? The technology is in existence so that part is easy, but it needs mass adoption to take off.
Why did you see the opportunity? If more than one person can see the same piece of information that you saw, why did you form the belief that an opportunity exists when another individual might not form such a belief. Is there something in your experience, work history, emotions, attitudes, and desires that helped you find this opportunity?
I have been researching block chain and cryptos for sometime and I believe it will change the way we bank in the future. I think you need to look at this new technology with an open mind
Opportunity 2- How to get paid for your social media blogging content.
A. Source – Steemit.com - and -
B. Why is this an opportunity? People spend hours of their time posting on social media, but do they ever get paid for that content? Not at all and I believe this is going to change. Look at Wikipedia. People spend their free time growing a website.
C. Who will benefit from this opportunity? Companies and consumers will benefit from this. Companies look at social media as a way of marketing.
D. Is this opportunity easily relatively easy or relatively difficult to exploit, and why do you think so? Steemit.com is in beta stage and grew from 100,000 to 350,000 in less then 6 months. I think in 3 years most people will be paid for their time.
Why did you see the opportunity? If more than one person can see the same piece of information that you saw, why did you form the belief that an opportunity exists when another individual might not form such a belief. Is there something in your experience, work history, emotions, attitudes, and desires that helped you find this opportunity?
I have been using Steemit.com for over the last year I believe this is going to be the future. Most bloggers are going to migrate to websites that actually pay their users.
Regulatory Change Opportunity 3- Fraud is taking place in our voting system
A. Source – https://followmyvote.com/online-voting-technology/blockchain-technology/
B. Why is this an opportunity? More and more illegal or dead people are voting in our elections. Look at the most recent election; this was an issue in 2016.
C. Who will benefit from this opportunity? The citizens of the country will benefit by having a fair election.
D. Is this opportunity easily relatively easy or relatively difficult to exploit, and why do you think so? I believe block chain technology can help solve this problem. Building everything on a complex ledger will make it impossible to hack.
Why did you see the opportunity? If more than one person can see the same piece of information that you saw, why did you form the belief that an opportunity exists when another individual might not form such a belief. Is there something in your experience, work history, emotions, attitudes, and desires that helped you find this opportunity? I think a lot of people see this as a problem. I have been researching it a lot because I volunteered in the last presidential election. I believe it is unfair when we have voter fraud.
Regulatory Change Opportunity 4- An opportunity to change Health care.
A. Source – https://www.forbes.com/sites/reenitadas/2017/05/08/does-blockchain-have-a-place-in-healthcare/#4fd9e7a31c31
B. Why is this an opportunity? Healthcare records are a big issue in the industry. Also a problem exists with personal information getting stolen with health care records.
C. Who will benefit from this opportunity? Hospitals, doctors and patients will benefit from block chain technology being implemented into healthcare records.
D. Is this opportunity easily relatively easy or relatively difficult to exploit, and why do you think so? Just like with everything else and block chain technology it will take time. People need to become more familiar with block chain technology before mass adopting it.
Why did you see the opportunity? If more than one person can see the same piece of information that you saw, why did you form the belief that an opportunity exists when another individual might not form such a belief. Is there something in your experience, work history, emotions, attitudes, and desires that helped you find this opportunity? Everyone that has been to the doctor knows that records are a problem. I think if people can have an open mind they can adopt this new regulatory change. Most people do not like change though.
Keep spreading that crypto love to those students!!!
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Pretty cool videos and great valuable info added :)
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