"When we invest in cryptocurrencies we are not just buying a coin or token, which will be used as a currency, we are investing in the very infrastructure of the internet, industry, business and banking itself."
In a world where fraud and security incidents are becoming more and more commonplace, blockchains are the technologies that can provide businesses with a very secure way to work with customers, suppliers and partners.
Micro-payments - The ability to make thousands of individual payments, cheaply and securely is going to revolutionize payments online. On social media, games, or music streaming services.
Distributed storage - Storing digital information across decentralized networks.
Health care – Securing health and medical records and reducing the potential for fraud.
Legal industry – Critical documents like wills, powers of attorney and corporate records, not to mention the creation of smart contracts.
Real estate – When recording land transfers and real estate transactions while reducing the potential for fraudulent sales, these smart contracts can be a huge benefit.
Supply chains – Walmart is already using blockchain to track some products back to their manufacturing roots, and UPS and FedEx have started using blockchain in their operations.
Raising capital– Initial coin offerings or ICOs are raising money for businesses and being used to support crowdfunding projects. (see also IDOs Initial Decentralized Exchange Offerings)
Education– Student IDs, transcripts, test result records and more could benefit from blockchain’s immutability and security. (The basis of a partnership with Cardano and the Ethiopian government).
Digital ownership - The ability to create uniqueness from essentially infinitely copiable assets
To name just a few example use cases, with many more we haven’t even imagined yet.