Your wildest ideas… but on the blockchain With more than 1,500 cryptocurrencies out there, it is getting ever more difficult to come up with a concept that hasn’t already been blockchainified.
Indeed, over the past year we have seen (over)ambitious entrepreneurs seeking to put all sorts of different things on the blockchain – from board games and alchemy-powered transmutation tools to celebrities and adult cam models. With so many blockchain insiders at TNW Conference in Amsterdam, we didn’t want to miss a chance to speak some of the experts present to find out how viable this trend to decentralize actually is.
And this is precisely what we did. We went ahead and asked the blockchain community about some of the most ridiculous uses cases they have heard about.
So without further ado, here are some of the most unorthodox undertakings you might have seen on the blockchain: “One of the funniest things I’ve seen in the past five years I’ve been in blockchain… This company called Long Island Ice Tea, which is a company that sells non-alcoholic beverages, changed their name to Long Blockchain. And just like that its stock price jumped 289 percent overnight.” “They didn’t even have a use case for the technology – they merely said they are interested in investing and experimenting with blockchain.
But it goes on to show the craze around blockchain and cryptocurrency: ice tea might be the most removed thing from the technology, but just adding “blockchain” to its name can cause its stock to soar.” Alejandro De La Torre, VP Business Operations at BTC.com “There was a bank – and I’m not mentioning any names – but they were trying to put your public data on the blockchain to make it possible to use every other banking app. This practically means that your banking history would be uploaded to the blockchain and publicly available for everyone else to see. Read more from thenextweb.com…
thumbnail courtesy of thenextweb.com