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Ask HN: What applications does blockchain tech have, other than cryptocurrency?

news.ycombinator.com

11–14 of 14 posts

Re: Ask HN: What applications does blockchain tech have, other than cryptocurrency?

#11
Close to cryptocurrency, but reward points seem like a good use case. That is, something very seamless to move rewards around whether they were earned for a hotel, airline, credit card, etc. Points.com takes a pretty big cut for that (centralized) service today.

Money transfer as well, maybe. I don't know the space well, but it seems like MoneyGram, Western Union, and similar charge a high premium for their services in some cases.

Re: Ask HN: What applications does blockchain tech have, other than cryptocurrency?

#12
post #11

Close to cryptocurrency, but reward points seem like a good use case. That is, something very seamless to move rewards around whether they were earned for a hotel, airline, credit card, etc. Points.com takes a pretty big cut for that (centralized) service today. Money transfer as well, maybe. I don't know the space well, but it seems like MoneyGram, Western Union, and similar charge a high premium for their services…

Stellar Lumens is one of the top coins working on remittances, IBM is partnered with them. It's also a non-profit. Highly recommend doing some research into this one.

Re: Ask HN: What applications does blockchain tech have, other than cryptocurrency?

#13
post #10

Earlier quoted context omitted.

Agreed with your last sentence entirely. I've been messing around with using a blockchain for storing DNS records, I think it's a neat idea, but the overhead is pretty large considering the small amount of data that is involved.

Any favorite resources you use to learn?

Reading source code of existing learning/real chains. Then trial and error - the usual :)

Re: Ask HN: What applications does blockchain tech have, other than cryptocurrency?

#14
Almost anything that needs validation/integrity.

Luxury handbags? Check the blockchain to confirm it is real.

Need goods transported at a consistent temperature? The blockchain can validate that your shipment did in fact remain (or not) at a certain temperature.

Want to buy a scalped ticket? Scan the QR code and confirm the ticket is usable.

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