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Old 06-15-2021, 06:32 AM  
zijlstravideo
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Join Date: Sep 2013
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Quote:
Originally Posted by Klen View Post
Yes but here is key problem - people make a specific token for some industry, yet that same industry is not using any crypto yet. Unless industry is already using mainstream cryptos like BTC , etherum and tether, making a specialized one is utter waste.
I agree! But I was aiming more for blockchains or tokens which serve a certain unique function, and less in terms of being another token just for making a payment.

For example: supply chains, proof of ownership for authors/content creators/developers etc by storing a timestamped hash of their digital media on chain, items in virtual worlds or games, a smart contract for software licensing etc.

Basically anything that is code-based (or textual/hashed content) and the data can be stored directly on the blockchain and can be used in software without the need of a third party. Key being, everything needs to remain on chain at all times. The software should do its work by verifying ownership with an build-in wallet and then continue reading the stored data and execute the code. Edit: basically what NFT's should be used for.
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