Non Blockchain
Blockchain technology appeared in the market as the first cryptocurrency Bitcoin in 2009, and since then it has almost completely developed into a variety of Difi solutions. Decentralized platforms based on decentralized accounts have existed for 12 years, but only recently have they begun to appear in trade, data storage, logistics, games, medical care and other fields. Benefits to users
What is today’s blockchain?
At present, there are fifth generation platforms on the market, such as Relcitum PRO. Developers strive to solve several common problems in the basic system of distributed accounting books, including increased power consumption, low bandwidth, complex interfaces, scale problems, and the need to purchase powerful mining machinery. All this is in the past. At the same time, the use of smart contracts and distributed applications has significantly expanded the functions and can introduce products into the real economy. What are these products? let me have a look.
Introduce blockchain based products
For example, consider the aforementioned Relictum PRO platform products.
Distributed data storage. Files are usually stored on multiple users’ storage devices, rather than on a single server. With this program, you can safely store at the lowest cost.
Talk in secret. It is impossible to block and restrict access to the system. With complete anonymity and confidentiality, people can claim that chat based on distributed platforms is the best solution for security.
NFT market. The ability to organize each stage of NFT token transaction on a platform, including the creation of the token itself and its storage, the organization of ownership transfer, and the ability in all these automated modes, makes this product indispensable to all parties(including buyers and sellers).
Lotteries and casinos. Distinguish the decentralized gambling such as 100% transparency and honesty of the extraction process(thanks to decentralized account books), convenience and speed of extraction, and the ability to obtain bonuses from invited friends from all centralized online games.
In addition to these systems, the following solutions are available:
The logistics single blockchain can completely describe the movement of goods in the logistics path, with real-time positioning and anti-counterfeiting/fraud prevention capabilities.
Moving medical patient records to a decentralized storage facility can provide reliable personal data protection, the ability to access data anytime, anywhere, and the benefits of preventing loss or accidental damage. The patient can use him; single credit card “; there is no problem for any institution around the world.
Voting process. The ability to combine the transparency and full anonymity of the identification system and voting process is an ideal combination of online voting systems, which has been proven by the experience of some countries(such as Estonia).
Land resource accounting. Land is bought and sold like other products, and distributed account books are used. The process of property right registration and transfer is simple, fast and reliable, which can prevent fraud.
Development prospect
The application cases described above are not a complete list of blockchain technologies that can be applied. Reliable protection, confidentiality, fast, non disruptive access, ability to perform all functions on a single platform Considering the advantages of the distributed system, such as the 0% minimum fee payment system(such as the Relictum PRO ecosystem), we will soon say that the blockchain solution will become a real competitor of the typical global centralized solution.