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Real Use Cases Of Blockchain You Need To Know Today

These are seven emerging use cases of the blockchain technology that could get into mainstream adoption in a few years

Currently, there are many exciting, new use cases of blockchain. We have curated some of the real use cases in the world right now you should know about today.

New blockchain solutions to deliver fuel to ships

Maritime Blockchain Labs (MBL), a subsidiary of the Denmark-based start-up Blockchain Labs for Open Collaboration (BLOC), developed a product for the delivery of high-quality fuels to the maritime industry via a blockchain solution.

It has also rolled out new applications with which it intends to upscale the fuel demonstrator capturing fuel deliveries and associated verified data into the system. It is now drawing interests from a consortium of ship owners or operators, fuel suppliers, and port authorities.

New Blockchain platform in the logistics business to boost efficiency

Jade Logistics, a software company, is launching a new business using blockchain technology to boost trust in the supply chains. The CargoChain platform is an information sharing platform that aids the distribution of previously unavailable cargo information. Also aids the development of third-party applications.

David Lindsay, CEO of CargoChain says they have already started developing applications for some Australian and New Zealand customers, along with pilots for other significant supply chain projects.

BIOS and VeChain partnership

Blockchain platform VeChain and cloud services provider BIOS have entered into a partnership to develop and implement a framework of blockchain-as-a-service and blockchain-enabled cloud services in the Middle East.

VeChain will be leveraging the expertise of BIOS Middle East in cloud services and system integration. They will be providing innovative solutions like the Internet of Things (IoT) to over 300 enterprises. Including energy, finance, retail, petrochemicals and healthcare services in the Middle East region.

World’s First Blockchain-based Investment Bank

CGCX.io, Archipelago (Malayan Archipelago) and IBH Capital, which owns IBH Investment Bank, are creating an expertise-rich synergy to establish a blockchain-based investment bank for handling crypto, blockchain, and other digital banking-related operations. The parties will be leveraging each others expertise to create a safe and reliable operating model.

T-REX has been launched

T-REX (Token for Regulated Exchanges) will allow the issuance of security tokens on a blockchain infrastructure. Also allows the subsequent transfer in a compliant way, with a critical focus on KYC and AML regulations. The token can also help create standards for compliance in the security token industry. Hence allowing the ecosystem to gain adoption rapidly.

Spanish crypto startup Bit2Me expands into Italy

Italians can now buy Bitcoin, Ethereum, Bitcoin Cash, Dash, and Litecoin on Bit2Me. They can also sell them and exchange them for Euros, receiving their money directly into their bank account. The Spanish company also opened an online academy in Italy to help people learn about the handling of this cryptocurrency

ODEM Issues Blockchain Certificates for Canadian Polytechnic

ODEM launched a pilot project in partnership with the Southern Alberta Institute of Technology. Eventually, to issue blockchain-based academic certificates to a selected group of SAIT students.

If the pilot is successful, then he will eventually become the first graduating class at a Canadian post-secondary institution to be granted digital credentials using blockchain technology. That means these students can also directly share their academic achievements with recruiters and potential employers around the world without requesting their paper or electronic records from SAIT.

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Real Use Cases Of Blockchain You Need To Know Today
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Real Use Cases Of Blockchain You Need To Know Today
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These are seven emerging use cases of the blockchain technology that could get into mainstream adoption in a few years
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Akeredolu Feranmi

Feranmi is a guest author at Coinpedia.

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