/biz/ - Business & Finance

Any interesting implementations in supply chain, finance, legal?

>>49629229
Helium. A global wireless P2P network that allows hotspots to share their internet bandwidth with IoT devices like eScooters, tracking devices, etc. Hotspots are rewarded in HNT tokens. I'm getting ready to deploy another miner, it should pay for itself in 2 years or less.

One of the few cryptos with a real world use case.

>>49629229
Enterprise blockchain is a meme dead since 2019

>>49629578
NGMI
havent you read the latest HIP?

They are cutting rewards down to 1.5% for home lowran miners lol. Its all 5g now bro.

>>49629229
TRAC if you want actual corporate adoption as well and not just meme partnerships.

It's extremely cheap right now but will probably go even lower.

>>49629737
You're literally shilling a shitcoin with no regard to the question. You literally didn't answer it you fucking indian curry munching fuck.

>>49629229
it's a speculative "asset" that's it

>>49629229
chainlink

>>49629816
Do you know when we're getting link staking?

>>49629843
ccip abstraction layer (picrel) staking all in 2022.

>>49629229
None, it's all made up bullshit to get people to buy this trash

>>49629229
Ledgers with centralized trust:

>>49629229'
For 5G you can have mutl-tenanted access points. As users of an associated carrier roams to the access points the carrier spends tokens which are paid for via the users phone bill.
If the tokens have value and don't fluctuate like shit it's a viable solution rather than setting up a complex billing system to monitor, settle and reimburse. Could realistically be done via stablecoin unless you need additonal functionality with a new token standard to carry any additional meaningful data.
Same thing applies to cloud credits through multiple providers if they accepted anonymous use and crypto payments for pay per x of their systems time.

Polygon Nightfall is giving corporations a private blockchain to build on and an entire city is being powered by Polygon too. What do you mean corporate examples lmao

>>49629919
Decentralized trust:

>>49629229
CargoX. Blockchain-based digital bill of lading. Problem is, just like most usecases, the token is literally not needed and was just creating during the ICO phase as a cashgrab.

Corporate holding of Bitcoin

>>49629229
Mega corps rely heavily on centralised banking and centralised governments for all infrastructure they need to operate.
Whatever service or product a cryptocurrency can offer to them even if its much better than what their masters offer they will refuse and use the "kosher" one.

Disclosure schedules for corporate transactional work (e.g., we disclosed this document which is on the blockchain and therefore we can make x representation)

>>49629229
Swindling retards out of their money.

>>49629229
>blockchain use-cases
LMAO

>>49629778
A decentralised knowledge graph that uses blockchains to certify data. Was built for supply chain tracking, which is extremely pertinent, but could also develop into a big b2b marketplace where vendors have verifiable certs and audits attached to their profiles. ~40% of US importers already use it to share audits on Chinese factories.

>>49630017
>Whatever service or product a cryptocurrency can offer to them even if its much better than what their masters offer they will refuse and use the "kosher" one.

and it never is better. current banking systems work far better than bitcoin.

trust minimized applications that they can offer customers once the current fiat system implodes

>>49629229
LOX Network, building a decentralized IMEI blacklist that will revolutionize mobile phone security and global tracking.

>>49631649
phones are being blacklisted daily by network operators, what the hell are you talking about?

>>49631731
Phones can only be blacklisted in the region the mobile network service provider covers pajeet. a global decentralized one will not be bad.

>>49629893
I highly doubt it.

Companies providing Link nodes to send their data onchain

>>49629229
To pump and dump all of you suckers. And that is it's only use case.

>>49629229
Automatic contracts which don't require years of time in kike court paying teams of attorneys to get basic things done.
Which requires ETH, LINK, and nothing else.
There are other potential use cases, but none are are as clearly disruptive.

>>49629229
>>49629262
Not shilling any particular chain, but the concept of a trustless, decentralized, global financial settlement layer that's relatively fast and efficient is highly beneficial.

Consider this anecdote:
Currently, the company I work for uses a 3rd party corporation to handle payroll services. So every time I get paid (monthly), my company sends funds to the 3rd party who then makes deductions for taxes, 401k, etc and distributes the resulting funds appropriately. For the 401k, the 3rd party payroll service provider sends funds to a retirement management company. Now in my case, I manage my own 401k investments, so there's yet another step where the retirement management company then sends my retirement funds to a Charles Schwab retirement account, where it finally gets into my hands for me to control.

This whole process can take up to a week because there's so many different layers, each requiring settlement before moving on.
There's an opportunity to simplify this entire process with a global financial settlement layer (a blockchain) and a low-maintenance smart contract to automate moving funds around. In theory, this whole process could take minutes (or seconds) instead of a week.

Just go read articles on ledgerinsights.com. If you understand where oracles are needed then you have a pair of magic glasses which will allow you to see things others dont.

Its called an append-only database structure and it has existed since the 70's. There is no utility in unprivate "decentralized" but really centralized crypto beyond being a ponzi scheme. The only utility in the entire space lies in private transactions for transactions that would not be processed by the legal banking system.

>>49629816

so, according to this thread, blockchain has lots of pie-in-the-sky use cases written by marketers that will revolutionize business in five more years
meanwhile no one can name one (1) single business use case for blockchain
crypto is dead

>>49629229
Blockchain should end corporatism if implemented properly..