It's nice to see you now that we're both trying to be in a business. The ultimate purpose of our work: is to understand all potential uses of blockchain technology, learn what is a Bitcoin 1.0, Bitcoin 2.0, Bitcoin 3.0. The first and most obvious way of making payments is the use of Blockchain technology. But is there any way to use it?
- "The potential benefits of the blockchain are more than just economic, they extend into political, humanitarian, social, and scientific domains and the technological capacity of the blockchain is already being harnessed by specific groups to address real world problems. For example, to counter repressive political regimes, blockchain technology can be used to enact in a decentralized cloud functions that previously needed administration by jurisdictionally bound organizations. This is obviously useful for organizations like WikiLeaks (where national governments prevented credit card processors from accepting donations in the sensitive Edward Snowden situation) as well as organizations that are transnational in scope and neutral in political outlook, like Internet standards group ICANN and DNS services."
Blockchain 1.0:
- "Blockchain is already cash for the Internet. It may become the “Internet of Money,” connecting finances in the way that the Internet of Things (IoT) connects machines. Currency and payments make up the first and most obvious application. Alternative currencies make sense based on an economic argument alone: reducing worldwide credit card merchant payment fees from as much as 3 percent to below 1 percent has obvious benefits for the economy, especially in the $514 billion international remittances market, where transaction fees can run from 7 to 30 percent."
Blockchain 1.0 is currency such as currency transfer and digital payment systems. Indeed, Bitcoin is a method for worldwide remittance of money or transfer of value without intermediaries.
Blockchain 2.0:
- "Whereas Blockchain 1.0 is for the decentralization of money and payments, Blockchain 2.0 is for the decentralization of markets more generally, and contemplates the transfer of many other kinds of assets beyond currency using the blockchain, from the creation of a unit of value through every time it is transferred or divided."
Blockchain 2.0 is contracts, the entire slate of economic, market, and financial applications using the blockchain: stocks, bonds, futures, loans, mortgages, titles, smart property, and smart contracts.
Blockchain 3.0:
- "A more fundamental use of the blockchain for science could be addressing the wastefulness of the mining network, which consumes massive amounts of electricity. Instead of being used to crunch arbitrary numbers, perhaps the extensive processing power could be applied to the more practical task of solving existing science problems."
Blockchain 3.0 is blockchain applications beyond currency, finance, and markets particularly in the areas of government, health, science, literacy, culture, and art.
The wide range of potential uses of blockchain technology by Melanie Swan according with Ledra Capital:
I. Financial instruments, records, and models.
- Currency
- Private equities
- Public equities
- Bonds
- Derivatives (futures, forwards, swaps, options, and more complex variations)
- Voting rights associated with any of the preceding
- Commodities
- Spending records
- Trading records
- Mortgage/loan records
- Servicing records
- Crowdfunding
- Microfinance
- Microcharity
II. Public records.
- Land titles
- Vehicle registries
- Business license
- Business incorporation/dissolution records
- Business ownership records
- Regulatory records
- Criminal records
- Passports
- Birth certificates
- Death certificates
- Voter IDs
- Voting
- Health/safety inspections
- Building permits
- Gun permits
- Forensic evidence
- Court records
- Voting records
- Nonprofit records
- Government/nonprofit accounting/transparency
III. Private records.
- Contracts
- Signatures
- Wills
- Trusts
- Escrows
- GPS trails (personal)
IV. Other semipublic records.
- Degree
- Certifications
- Learning outcomes
- Grades
- HR records (salary, performance reviews, accomplishment)
- Medical records
- Accounting records
- Business transaction records
- Genome data
- GPS trails (institutional)
- Delivery records
- Arbitration
V. Physical asset keys.
- Home/apartment keys
- Vacation home/timeshare keys
- Hotel room keys
- Car keys
- Rental car keys
- Leased cars keys
- Locker keys
- Safety deposit box keys
- Package delivery (split key between delivery firm and receiver)
- Betting records
- Fantasy sports records
VI. Intangibles.
- Coupons
- Vouchers
- Reservations (restaurants, hotels, queues, etc.)
- Movie tickets
- Patents
- Copyrights
- Trademarks
- Software licenses
- Videogame licenses
- Music/movie/book licenses (DRM)
- Domain names
- Online identities
- Proof of authorship/proof of prior art
VII. Other.
- Documentary records (photos, audio, video)
- Data records (sports scores, temperature, etc.)
- Sim cards
- GPS network identity
- Gun unlock codes
- Weapons unlock codes
- Nuclear launch codes
- Spam control (micropayments for posting)
If you haven't already steemit me please kindly do it. Just hit the follow button, it would be my genuine pleasure, and in return I promise you I will try to do better.
Links:
- Blockchain: Blueprint for a New Economy: Melanie Swan.
- Ledra Capital - ledracapital.com