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Current Real World Use Cases

All Cryptocurrencies

by COINS NEWS 53 Views

I know the blockchain is being adopted across a variety of industries for a variety of purposes, but my field of vision is limited to a short list of coins/tokens. I’m curious, what are some innovative, real world use cases happening right now?

I’ll start with the ones I’m familiar with (Chainlink and Algorand) because I’m a long-time holder/supporter.

Chainlink has more than 2,200 real world projects, including with:

  • Google Cloud: Integrates Chainlink’s decentralized oracles to enable hybrid blockchain/cloud applications.

  • SWIFT: Collaborates with Chainlink to explore blockchain interoperability.

  • Oracle: Uses Chainlink to connect smart contracts with Oracle’s cloud infrastructure.

  • Associated Press: Provides verified data to smart contracts via Chainlink.

  • Fidelity: Leverages Chainlink for secure data feeds in financial services.

  • DTCC: Uses Chainlink for post-trade financial services.

  • ANZ Bank: Integrates Chainlink for secure financial messaging.

  • Hedera Hashgraph: Partners with Chainlink for decentralized data feeds.

  • Polygon: Uses Chainlink for secure and reliable data feeds on its network.

  • Aave: Integrates Chainlink for DeFi applications.

I’m particularly excited about the universal gas token.

Source/For the ecosystem: https://www.chainlinkecosystem.com/

A second impressive example is Algorand. They’ve got some seriously innovative projects that demonstrate Algorand’s flexibility:

  • Lofty: This platform allows users to invest in tokenized real estate, making it possible for anyone to own a fraction of a property.

  • Wholechain: Utilizes Algorand to enhance supply chain transparency and traceability, ensuring the authenticity of products.

  • Agrotoken: Uses Algorand to tokenize agricultural commodities, providing farmers with more liquidity and better access to financial services.

  • TravelX: Pioneers the use of NFTs for airline tickets, enabling secure and flexible travel bookings.

  • HesabPay: The first interoperable digital payments platform in Afghanistan, leveraging Algorand for secure and efficient transactions.

  • Data History Museum: Uses Algorand to preserve and authenticate historical data, ensuring its integrity and accessibility.

Source/For the ecosystem: https://algorand.co/ecosystem/overview

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