Blockchain technology offers a wide range of applications, from finance to supply chain management, and from healthcare to the Internet of Things, opening up new business opportunities in practically every industry. We covered the uniqueness of blockchain technology in the previous article, as well as why it has the potential to revolutionize our future in the same way that the Internet revolution did.

Economists predict blockchain will improve global GDP by US$1.76 trillion — or 1.4 percent of global GDP — by 2030, according to the report by PwC. This clearly demonstrates that world authorities are preparing for this shift.

Here, in this article, I’ve listed 15 key real-world use cases of blockchain technology that can be applicable for businesses, institutions, and governments:

1- Payment Systems & Cryptocurrencies: “Banks will have the same fate with Blockchain as the internet did with media,” some economists predict. Banks are increasingly investing in Blockchain initiatives and businesses. Hundreds of millions of people, even those in nations without a traditional banking system, will be able to conduct financial transactions. This is due to the fact that the system developed by Bitcoin and cryptocurrencies will allow anyone to send money in a safe manner almost instantaneously and with very minimal commissions.

2- Cyber Security; Blockchain is highly secure, verifiable, and practically impossible to attack because transactions are protected by encryption. Because blockchain is far more secure than any cybersecurity system, it will help in improving the security of data flow and protection.

3- Supply Chain Management; Delays and human errors may be avoided thanks to Blockchain’s secure, traceable, tamper-proof, and transparent characteristics. This ensures that costs, human resources, waste, and emissions are all reduced at every level. All of this allows for a complete understanding and control of the environmental impacts caused by production and in this way, the product’s conformity with fair competition requirements can be confirmed from the start. 4- Advertising Insights & Forecasts; The way research, consulting, analysis, and forecasting are done is also changing as a result of blockchain. On a global scale, online platforms are attempting to develop decentralized forecasting markets. This new technology will be decentralized in practically every industry in the future, including sports, the financial market, and elections. 5- Networking and Internet of Things; The goal is to develop a distributed network structure for Blockchain-enabled IoT devices, allowing them to communicate with one another without the need for a central location. As a result, devices will be able to connect with one another to accomplish tasks such as software updates, bug elimination, and energy usage monitoring. 6- Insurance; Trust management is essential in the global insurance business. Blockchain will assist in the verification of diverse information, such as the identity of the insured in insurance plans, as a new approach of maintaining trust.

7- Private transportation and Car-sharing; Without the need for a middleman, blockchain enables secure transfers for both automobile owners and users. Startups in this industry are developing systems that will pay for things like gasoline, tolls, and parking costs automatically. 8- Online Data Storage; Hacking, human mistake, and data loss are all potential threats to central systems. Blockchain technology makes data storage more secure and resistant to threats.

9- Charity Ecosystem; The current structures of associations, foundations, and non-governmental organizations (NGOs) are vulnerable to delays and corruption in the distribution of aid. There is a significant amount of inefficiency. Donations may be delivered to their intended recipients in the quickest and safest way possible by using Blockchain.

10- Voting; Voter credentials may be entered, verifications can be performed, and votes can be recorded and counted using blockchain technology. The legitimacy and non-changeability of votes are also ensured in the electronic vote-counting mechanism that will be used. Votes that cannot be tampered with and are recorded in a transparent manner will be a significant step toward holding elections in a fair and democratic manner.

11- Health Industry; One of the most serious issues facing hospitals is keeping and exchanging sensitive data in a secure manner. Because of their lack of infrastructure, they are frequently targeted by hackers. Health records can be securely saved and exchanged with approved physicians and patients using blockchain technology, assuring information security as well as more accurate and speedier diagnosis and treatment.

12- Music Royalties Tracking; A few startups have already begun using Blockchain to enable musicians to receive direct payments from their fans without having to pay a large commission to record labels. Smart contracts will be used to tackle license and copyright issues in this way. 13-Retail Industry; We must trust in the retail system provided by the relevant shop or marketplace when shopping. Distributed retail platforms built on the blockchain work in a unique way. They connect the customer, vendor, and appropriate invoice without the use of a middleman. As a result, smart contracts, safe exchange, and reputation management systems are used to ensure trust.

14- Real Estate Industry; Bureaucracy, opaque transactions, fraud, and errors are the most common issues encountered when purchasing and selling real estate. Blockchain technology can speed up payments by decreasing paper-based records, and it can also be used to accomplish transactions like ownership confirmation, document verification, and money transfer.

15- NFT Marketplaces; One of the major issues with digital art is that it is easily replicated, but non-fungible tokens provide a way for buyers and sellers to verify ownership. NFTs are non-fungible, cryptographic, and one-of-a-kind digital assets that cannot be reproduced or divided, such as images, music files, or text. The existence and ownership of digital items, artwork and music are all protected by blockchain technology.

The potential of blockchain technology is limitless, and it will continue to grow at a breakneck speed. The future of blockchain technology appears to be brighter than ever, with enormous promise for the years ahead!

If you want to learn more about blockchain and its future potential, check out the following reports:

Deloitte’s 2021 Global Blockchain Survey

J.P. Morgan Perspectives: Digital Transformation and the Rise of Fintech

Future Today Institute’s 2021 Tech Trend Report — Blockchain, Fintech and Crypto

Top Trends in Blockchain for 2021 and Beyond

Disclaimer: This article does not constitute investment advice, nor is it an offer or invitation to purchase any crypto assets. The Content in this article is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Bitcoin, the largest cryptocurrency, briefly tumbles below $40,000 for the first time since Sept.22, 2021. However, some indicators show that the two-month bearish trend might be close to ending.

Mr. Tummer, an expert in macro investments at Fidelity, claimed that Bitcoin (BTC) dropped to a major support level near $40,000. Near this level, Bitcoin becomes ‘oversold’. Three TA indicators confirm this status; Stochastic Relative Strength Indicator (Stochastic RSI) is the most reliable of them.

is $40k the new $30k? The Fed’s hawkish stance on inflation has had broad impact. With the liquidity-driven momentum plays under pressure, it’s not a total shock that crypto has corrected. So what’s next for bitcoin? (THREAD) pic.twitter.com/vnPiKY82x1

• Jurrien Timmer (@TimmerFidelity) January 11, 2022

• Stochastic RSI indicates the power of momentum for bulls or bears; while it drops below 20/100, it signals the ‘overbought’ status. This might serve as an indicator of the coming bullish reversal of Bitcoin (BTC) price.

• Also, the zone between $30,000 and $40,000 is a crucial one for many Bitcoin-friendly corporations. As GetBlock.io covered previously, many Bitcoins (BTC) were purchased by corporations near this zone.

• According to the report shared by leading U.S. Web3 media Blockworks, crypto websites exploded onto the top rankings of financial domains worldwide. Binance’s Coinmarketcap, a flagship crypto prices browser, is surpassed only by Paypal’s main domain.

• Image by SimilarWeb

• Two more crypto websites, the world’s largest cryptocurrencies exchange platform Binance and Coinmarketcap’s main competitor Coingecko are also listed in the Top 10.

• Coinbase, a major US-based crypto exchange service and custody ecosystem, holds 15th position while the most popular marketplace for non-fungible tokens, OpenSea, is ranked #17.

• It should be added that leading crypto media Coindesk and Cointelegraph booked spots in the Top 100.

• The price of NEAR, a core native asset of high-performance sharded blockchain Near Protocol, spikes to new historic highs.

• Image by CoinMarketCap

• At printing time, NEAR price is 7% up in the last 24 hours. It surpasses the $19,3 level on a crucial announcement about funding round completion. Today, on January 13th, 2021, the NEAR Foundation closed its another $150 mln funding round.

• Su Zhu’s Three Arrows Capital led the round while VC heavyweights Mechanism Capital, Dragonfly Capital, Andreessen Horowitz (a16z), Jump, Alameda, Zee Prime, and Amber Group also backed the ecosystem in its fundraising efforts.

• Near Protocol is on the eve of launching its own DeFi funding ecosystem $350 mln from the NEAR foundation will fuel the growth of DeFi protocols that leverage its smart contracts.

• As per Coindesk’s sources, some participants of the latest funding round of NEAR Protocol are also planning to supercharge Near-based protocols as liquidity providers.

• Together with Solana, Avalanche, Fantom, and Terra, Near Protocol is one of the most promising ‘Etherum killers’, i.e. the Layer-One smart contracts systems.

• Originally published at https://getblock.io.

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In a recent internal AMA session with the Telegram community, Founders Eran Elhanani and Constantin Kogan gave updates on the goals for the following months, upcoming deals, and much more.

Below is a full recap of the BullPerks Founders internal AMA.

BullPerks Admin: Hello everyone, and welcome to the BullPerks internal AMA session.

Let us welcome our Co-Founders, Eran Elhanani and Constantin Kogan who are here to give exciting updates and answer your questions later.

Constantin Kogan: Hi Everyone! It’s good to be connected with you all after the holidays.

Eran Elhanani: Hi Everyone! Hope you’re all doing well after the holidays and the new year! We just wanted to do a short AMA with you guys to discuss the upcoming month or two.

Let’s start with VC deals and IDOs: So we have secured like 6–7 IDOs for BullPerks for the upcoming month and a half. We saw the red market so took a little time off and focused on VC deals, but hopefully, the market bounces and we start IDOs again and mix some VC deals in between.

We will start with the Xmanna VC deal this week on the 13th and will have IDO for MetaGear on the 17th. We will also be launching an INO for Xmanna most likely next week. Regarding the other 6 IDOs then we’re finalizing contracts and getting permission to announce from projects, but you’re going to be happy with them. We are incubating some projects of our own now so should have some extra top projects coming soon.

On the customer support side, you might have noticed some new faces. We have been hiring many new people for different positions and increasing all departments including customer support, tech, marketing, and operations, and added some research guys. So we keep growing and improving.

Constantin Kogan: To add other things, we are in the process of adding a fiat-crypto gateway to allow BLP to be purchased for fiat currencies across the world.

Eran Elhanani: We do have a separate AMA for GamesPad coming up so let’s focus here on questions and feedback for BullPerks.

And now let’s open the chat to the community.

Crypto Varrior (Community member): Hello Eran and Constantin, hope you are fine and doing great.

BullPerks, as a platform, and the founders, have been doing really great bringing the best of the best projects. Thank you so much for that. However, Bullperks’ tokens distribution mechanism is poor. I understand there might be a difference between VC and IDO distribution but recently I monitored a couple of IDOs offered at BullPerks. Other platforms sometimes distributed tokens 24 hours before Bullperks. Which is a huge difference when it comes to price movement.

May I please know if the founders are considering any improvements on that aspect? If other platforms distribute tokens with a difference of a day sometimes, why BullPerks distribute so late? Thanks a lot.

Eran Elhanani — [In reply to Crypto Varrior]: First of all, it’s usually not our responsibility. And it’s usually VC deals where we get late. We did have a few projects that were released late and this was either because the project sent the tokens late, or there were problems with networks. As you might have experienced yourself, there were issues with BSC at some point, then we had Polygon issues, and then Solana. When you’re doing a transaction on these networks, it’s not 1 transaction when we distribute, it’s 1000+ transactions so if the network is not stable, those transactions fail.

This is why we have been building claiming portals for both EVM tokens and Solana tokens. That will be the solution. We are testing them currently so hope to incorporate them from next week or so. We did have some delays due to some tech members being sick and in hospital but we hired new members to catch up.

Claudius Samartinean (Community member): Hello, I also have a question… you said that there will be two projects close by time to each other, that everybody will get allocations… are you considering continuing to do that? And also, in your vision, where do you see BP at the end of the year?

Eran Elhanani — [In reply to Claudius Samartinean]: I can’t talk about price predictions and I don’t know what will happen with the market. All I can say is we will continue to deliver the best we can and keep trying to improve.

Regarding the projects close by so everyone can participate we’re still trying to do that. We are looking at other solutions too. And we might extend time locks so that lower tiers will be able to participate in only 1 out of every 2 or so to make it more even and fair. We’ll try to make sure projects are similar. And we’re trying to increase allocations to be able to open more spots.

Radek (Community member): Hello Guys! Do you foresee any changes for Bullperks in how it functions? Will it stay a launchpad platform or do you plan to add new functionalities, etc.?

Eran Elhanani — [In reply to Radek]: Currently, it will stay a Launchpad and Decentralized VC.

This year has already paved the way for Cryptocurrency to dominate headlines in the coming years, with Metaverse, Ethereum 2.0, and other projects in the pipeline. Of course, it’s always great to acquire the latest news and information from the finest in the Crypto world. This is why we have compiled a list of the top 5 Cryptocurrency influencers to follow in the ever-changing and dynamic world of Cryptocurrency.

Also read: Top 5 Crypto Price Prediction Website

1. Vitalik Buterin

2. There is no better way to start our list than with the Co-Founder of Ethereum, one of the most prominent Cryptocurrencies in use today. His underlying technology, which runs Ethereum, also powers most of today’s NFT transactions. In addition, he is one of the youngest crypto billionaires, an advocate, and the co-founder of Bitcoin Magazine. He is also active on Twitter, where he holds over three million followers with whom he publishes reviews, news pieces, and information about blockchain and Cryptocurrency.

3. Samuel Bankman-Fried

4. Samuel Bankman-Fried (SBF) has made several key contributions to the Cryptocurrency sector. To begin, in the year 2019, he launched FTX, a Cryptocurrency and derivatives exchange. With a $3.5 billion value, the firm has swiftly risen to become the sixth-largest by volume. SBF is also considered a pioneer in the collaboration of Crypto-sports. According to Forbes, he is also the richest person under 30 after Mark Zuckerberg.

5. Elon Musk

6. There is no way Elon Musk could be left off this list. Tesla’s creator has demonstrated beyond a shadow of a doubt that his words carry the same weight as an anchor on a ship. In particular, over the last year or two, Elon has had a significant impact on Crypto-assets in general, as a single tweet from him has shown capable of guiding unanticipated reactions in the Crypto market. Though he may not be well-versed in the subtleties of the Crypto market, his apparent irresponsible tweets on the issue carry a lot of weight.

7. Micheal Saylor

8. Micheal Saylor is the founder, chairman, and CEO of MicroStrategy, a corporate analytics and mobility software company that invested $425 million in Bitcoin as a gold and bond alternative. He holds a key figure in the cryptocurrency industry. MicroStrategy acquired its first Bitcoin (BTC) under his leadership, making it one of the first institutional buyers of Cryptocurrency. MicroStrategy has never missed a chance to acquire Bitcoin since that initial transaction. Saylor’s Twitter feed reflects his love for Bitcoin.

9. Roger Ver

10. Roger Ver is known as Bitcoin Jesus in addition to being one of the initial users and proponents of Bitcoin in 2011, He is also known to have invested substantial quantities of money in Crypto-related firms such as Bitcoin, Ripple, Kraken, and so on. He was an early adopter of taking Cryptocurrency payments and is known to be extremely optimistic about blockchain technology and Bitcoin. He is active on Twitter, where he shares his passion as well as other news and information with his 740K followers.

11. Also read: 6 Altcoins To Purchase In 2022

12. The Bottomline

13. Cryptocurrencies are a relatively new asset class compared to traditional investments. They’ve just been around for a decade, and many things require basic information and expertise. Industry influencers with the necessary knowledge utilize their platforms to educate their audience. However, for questions on Crypto investing, these influencers may be a little harder to approach.

14. The most powerful influencer can make or break sentiment. Since social media has grown and news is easily accessible, their opinions are quickly circulated and absorbed by the public. In 2022, it is also important to take note of how these Crypto influencers think about Crypto and blockchain technology.

15. It is expected that these influencers will have a positive impact on the Cryptocurrency industry in 2022. Additionally, they provide Crypto lovers and investors with accurate information and simplify the complex technology used in the Crypto world. Many people believe that inventions do not gain popularity on their own merits, and celebrity endorsements usually help attract customers. Often, companies use athletes, movie stars, and social media personalities to promote their products.

16. Disclaimer — The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.

17.