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15 Uses of Blockchain Technology Besides Bitcoin You Didn’t Know

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Governments and private organizations around the globe are today scrambling to introduce Blockchain technology into their operations. The potential for success is high considering the fact that Blockchain can and will be applied to everything in the nearing future. This secure and decentralized system is taking giant steps in improving data generation, data storage, and data sharing globally.

The Blockchain technologyis often associated with cryptocurrency. Well, the truth is, it is much more than that. Blockchain can be applied in every service or product you can think of. It can be introduced into governmental and non-governmental agencies. The Blockchain is a typical definition of all-encompassing. It is the greatest intelligence yet.

Read on, and by the end of this article you will have learnt the different ways Blockchain technology is applied in non-cryptocurrency sectors and how beneficial it is.

15 Uses of Blockchain Technology Besides Bitcoin

  1. Smart Contracts

Image Source: Hacker Noon

Circulated records empower the coding of basic contract that will execute when indicated conditions are met. Ethereum is an open source Blockchain venture that was constructed particularly to actualize this possibility. In any case, in its beginning periods, Ethereum can possibly use the convenience of blockchains on a really world-evolving scale.

At the innovation’s present level of advancement, smart contracts can be customized to perform straightforward task. For example, a subordinate could be paid out when a monetized instrument meets certain benchmark, with the utilization of blockchain innovation and Bitcoin empowering the payout to be automated.

  1. The Sharing Economy

Image Source: Cryptovest

With organizations like Uber and AirBnB prospering, the sharing economy is now a demonstrated achievement. As of now, be that as it may, clients who need to hail a ride-sharing administration need to depend on a mediator like Uber. By empowering peer-to-peer installments, the blockchain opens the way to coordinate collaboration between parties — a genuinely decentralized sharing economy originates.

An early case, OpenBazaar utilizes the blockchain to make a peer-to-peer eBay. Download the application onto your gadget, and you can execute with OpenBazzar merchants without paying transaction fee. The “no tenets” code of the protocol implies that individual reputation  will be considerably more essential to business communications than it right now is on eBay.

  1. Crowdfunding

Image Source: www.crowdfunding.com

Crowdfunding enterprises like Kickstarter and Gofundme are doing the major work for the developing peer-to-peer economy. The prominence of these companies recommends individuals need to have an immediate say in item development. Blockchains takes this enthusiasm to an advance level, credibly inventing crowd-sourced investment reserves.

In 2016, one such trial, the Ethereum-based DAO (Decentralized Autonomous Organization), raised an amazing $200 million USD in a little more than two months. Members bought “DAO tokens” enabling them to vote on smart contract venture capital investment (voting power was proportionate to the quantity of DAO they were holding). A resulting hack of the venture funds demonstrated that the undertaking was propelled without appropriate due assiduousness, with lamentable outcomes. In any case, the DAO exploration recommends that blockchain technology can possibly introduce “another worldwide economic/financial participation.”

  1. Governance

Image Source: SARC Learning Central

By making the outcomes completely straightforward and openly available, circulated database technology could convey full honesty to elections or some other sort of vote taking. Ethereum-based smart contracts help to automate the procedure.

The application, Boardroom, empowers organizational leadership to make decisions on the Blockchain technology. Practically, this implies organization administration becomes completely straightforward and accountable while overseeing advanced resources, value or data.

  1. Supply Chain Auditing

Purchasers progressively need to realize that the moral cases organizations make about their items are genuine. Disseminated records give a simple method to confirm that the backstories of the things we purchase are bona fide. Transparency accompanies blockchain-based timestamping of a date and area on a product.

The UK-based Provenance offers inventory accounting/validation for a scope of customer products. Making utilization of the Ethereum blockchain, a source pilot venture guarantees that fish sold in Sushi eateries in Japan has been properly reaped by its providers in Indonesia.

  1. File Storage

Image Source: IT Pro

Decentralizing file storage on the internet brings clear advantages. Dispersing information all through the system shields files from getting hacked or lost.

Inter Planetary File System (IPFS) makes it simple to conceptualize how a circulated web may work. Like the way a bittorrent moves information around the internet, IPFS disposes of the requirement for centralized client-server relationships (i.e., the present web). An internet made up of totally decentralized sites can possibly accelerate file exchange and spilling times. Such a change isn’t just helpful. It’s a vital move up to the web’s right now over-burden content-conveyance systems.

  1. Prediction Markets

Image Source: PredictWise

The crowdsourcing of forecasts on occasion likelihood is demonstrated to have a high level of precision. Averaging conclusions offsets the unexamined inclinations that distort judgment. Expectation advertises that payout as indicated by occasion results are now dynamic. Blockchains technology are an “intelligence of the group” innovation that with certainty, find different applications in the years to come.

All things considered, in Beta, the forecast showcase application, Augur makes share contributions on the result of certifiable occasions. Members can win cash by becoming tied up with the right forecast. The more offers obtained in the right result, the higher the payout will be. With a little responsibility of assets (not as much as a dollar), anybody can make an inquiry, make a market based on an anticipated result, and gather half of all exchange expenses the market creates.

  1. Protection of Intellectual Property

Image Source: The Rude Baguette

As is outstanding, advanced data can be endlessly imitated — and appropriated broadly because of the internet. This has given web clients all around a goldmine of free substance. Be that as it may, copyright holders have not been so fortunate, losing control over their licensed innovation and enduring monetarily as a result. Smart contracts can secure copyright and automate the offer of imaginative works web based, disposing of the danger of file duplication and redistribution.

Mycelia utilizes the blockchain to make a peer-to-peer music circulation system. Established by the UK vocalist lyricist Imogen Heap, Mycelia empowers artists to offer tunes directly to audience, license samples to music producers and divvy up earnings to lyricists and performers — these capacities being automated by smart contracts. The limit of blockchains to issue installments in fragmentary cryptocurrency sums (micropayments) proposes this utilization case for the blockchain has a solid shot of achievement.

  1. Internet of Things (IoT)

Image Source: BetaNews

What is the IoT? The system controlled administration of specific kinds of electronic gadgets — for example, the monitoring of air temperature in a storage office. Smart contracts make the automation of remote systems administration conceivable. A mix of software, sensors, and the networking system encourages a trade of information amongst items and components. The outcome expands system effectiveness and enhances cost monitoring.

The greatest players in assembling, tech and telecommunications are for the most part competing for IoT strength. Think Samsung, IBM and AT&T. A characteristic expansion of existing framework controlled by officeholders, IoT applications will run the array from prescient support of mechanical parts to information investigation, and mass-scale automated systems administration.

  1. Neighbourhood Microgrids

Image Source: Microgrid Knowledge

Blockchain innovation empowers the purchasing and offering of the sustainable power source created by neighborhood microgrids. At the point when sunlight based boards make overabundance energy, Ethereum-based smart contracts automatically redistribute it. Comparable sorts of smart contract automation will have numerous different applications as the IoT turns into a reality.

Situated in Brooklyn, Consensys is one of the preeminent organizations globally that is building up a scope of utilizations for Ethereum. Currently, they are partnering on a Transactive Grid, working with the disseminated energy venture, LO3. A prototype venture at present up and running uses Ethereum smart contracts to automate the monitoring and redistribution of microgrid vitality. This alleged “intelligent grid” is an early case of IoT usefulness.

  1. Identity Management

Image Source: Giesecke & Devrient

There is a growing concern for better character administration on the web. The capacity to confirm your personality is the lynchpin of financial exchanges that happen on the web. In any case, solutions for the security chances that accompany web commerce are blemished, best case scenario. Conveyed records offer improved strategies for demonstrating your identity, alongside the likelihood to digitize individual reports. Having a safe personality will likewise be essential for online cooperations — for example, in the sharing economy. A decent personality, all things considered, is the most critical condition for directing exchanges on the web.

Creating computerized personality principles has become an exceptionally complex process. Specialized difficulties aside, an all inclusive online personality arrangement requires collaboration between private organizations and government. Add to that, the need to explore legitimate frameworks in various nations and the issue turns out to be exponentially troublesome. Web based business on the web right now depends on the SSL declaration (the little green bolt) for secure exchanges on the web. Netki is a startup that tries to make a SSL standard for the blockchain. Having as of late reported a $3.5 million seed round, Netki expects an item dispatch in mid 2017.

  1. Anti-Money Laundering (AML) and Know Your Customer (KYC)

Image Source: Quora

Anti-money laundering (AML) and know your customer (KYC) hones have a solid potential for being adjusted to the blockchain. As of now, money related organizations must play out a work serious multi-step process for each new customer. KYC expenses could be decreased through cross-organization customer check, and at the same time increase observing and investigation adequacy.

Startup Polycoin has an AML/KYC arrangement that includes dissecting exchanges. Those exchanges recognized as being suspicious are sent on to compliance officers. Another startup Tradle is building up an application called Trust in Motion (TiM). Described as an “Instagram for KYC”, TiM enables customers to take a depiction of key records (passport, service charge, and so forth.). Once confirmed by the bank, this information is cryptographically put into the blockchain.

  1. Data Management

Image Source: SAS

Today, in return for their own information individuals can utilize online networking stages like Facebook for free. In future, clients will be able to oversee and offer for sell  information their online movement produces. Since it can be effortlessly appropriated in little partial sums, Bitcoin — or something like it — will in all likelihood be the cash that gets utilized for this kind of exchange.

The MIT venture Enigma understands that client protection is the key precondition for making of an individual information commercial center. Riddle utilizes cryptographic methods to permit singular informational indexes to be part amongst nodes, and in the meantime run mass calculations over the information gather all in all. Dividing the information likewise makes Enigma versatile (not at all like those blockchain arrangements where information gets duplicated on each node). A Beta dispatch is guaranteed inside the following a half year.

  1. Land Litle Registration

As Publicly-open records, Blockchains technology can make a wide range of record-keeping more effective. Property titles is a valid example. They have a tendency to be powerless to extortion, and also exorbitant and rigorous to regulate.

Various nations have embraced blockchain-based land registry ventures. Honduras was the first government to declare such an activity in 2015, in spite of the fact that the present status of that undertaking is hazy. This year, the Republic of Georgia established an arrangement with the Bitfury Group to build up a blockchain technology framework for property titles. Supposedly, Hernando de Soto, the prominent market analyst and property rights advocate, will oversee/advice on the undertaking. Recently, Sweden reported it was trying different things with a blockchain application for property titles.

  1. Stock Trading

Image Source: Novinite.com

The potential for proficiency in share settlement influences a solid use case for blockchains in stock exchanging. At the point when executed peer-to-peer, exchange affirmations turn out to be relatively quick (instead of taking three days for clearance). Conceivably, this implies that middlemen, for example, the clearing house, auditors and custodians — get expelled from the procedure.

Various stock and product trades are prototyping blockchain technologyapplications for the administrations they offer, including the ASX (Australian Securities Exchange), the Deutsche Börse (Frankfurt’s stock trade) and the JPX (Japan Exchange Group). Most prominent in light of the fact that the acknowledged first mover in the region, is the Nasdaq’s Linq, a stage for private market exchanging (normally between pre-IPO new companies and investors).  An organization with the blockchain technology, Linq reported it has finished its first share exchange in 2015. All the more as of late, Nasdaq reported the advancement of a trial blockchain venture for intermediary voting on the Estonian Stock Market.

Also Read: What is Blockchain, History, Application and Benefit

Conclusion

Blockchain technology has much more functionalities than just hosting cryptocurrencies and recording transactions. It does a whole lot more than currency trading. It can be integrated into your home, private organizations, governance etc. The world is a global village and Blockchain is making more global with its secure and decentralized system. It is the next best thing to the internet.

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2 Comments

2 Comments

  1. emmanuel

    July 2, 2018 at 1:47 pm

    nice article

  2. Florinda Gerton

    March 6, 2019 at 8:22 am

    I’m impressed, I need to say. Actually hardly ever do I encounter a weblog that’s both educative and entertaining, and let me tell you, you might have hit the nail on the head. Your thought is excellent; the difficulty is something that not enough people are speaking intelligently about. I’m very completely happy that I stumbled throughout this in my seek for one thing regarding this.

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Poor Light Effect – Health Effects Of Poor Lighting

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lighting effect, poor lighting; good lighting

Indoor space with good lighting does not only beautify the environment but also makes task execution very easy. When lighting levels are too high, low,  or inconsistent (shadowy), our ability to carry out task effectively in such an environment is reduced to the barest minimum. This is because poor lighting gives undesirable challenges to people living or working in such places. This light effect can be eyes get tired and/or sore, which can lead to headaches and work mistakes. Furthermore, cheap and poor lighting can make it difficult to make appropriate judgments pertaining to writing, walking, placement of materials, and timing when moving materials, tools, or operating machines being used, etc

 

Check Out:

 

Common Health Effects Associated With Poor Lighting

  • Headache and eyestrain
  • Depression (associated with insufficient or gloomy lighting)
  • Neck, back, and shoulder strain (while straining eyes to see items due to poor lighting)
  • Falling, tripping, slipping
  • Dropping materials or tools

The Main Causes of Light Effect

  • Insufficient light – not enough light to illuminate the environment
  • Glare – too much light for the environment
  • Improper contrast
  • Poor distribution, and
  • Flicker

 

What Should Your Lighting Do For You

You probably have an idea of what you want your Lighting to do for you. We have below listed, 4 major things you should expect from your lighting.

  1. Basically, you want it to illuminate your space and give you adequate light.
  2. You want it to consume low energy making you switch to LEDs (Low Energy Diode).
  3. You want it to be durable and user-friendly. That is, long lasting, calm to the eyes and does not heat up the place.
  4. But with Good Lighting, you really can have more than beauty and health.

 

Also Read:

 

What Good Lighting Should Do For You?

Good Lighting should make your space come alive and stay alive. It should complement your furniture, shades of your doors, windows and other visible frames or give a defined contrast. This works better when it is able to blend with the surrounding and the furnishings when switched off, and when it comes on, it makes every other furnishings come alive.

light effect; Good lighting; poor lighting

Good Lighting should take away that “Empty look” of your ceiling and give us something beautiful to always behold when we look up ( And we are always looking up!).

Good Lighting should also help you make a statement of class. Contemporary chandeliers which could either be Ceiling chandeliers or Suspended chandeliers are not only beautiful to behold (Love at first sight), they also give enough light for a big space. No noise, just presence! Things to consider before choosing a chandelier.

light effect; Good lighting; poor lighting

You could also choose to spread the warmth around the space by sprinkling it with alluring Pendant Lighting. Pendant Lighting is a statement on its own. The beautiful part about Pendant lighting is that most times, more than one could be used together in a space to create balance and bring out that effect that you can glow with. Moreover, contemporary designs give you that feeling of wanting to hang it around your neck and walk on the streets with a very big accomplished smile.

Good Lighting should also be able to strategically highlight areas of choice without coming up as too much or too little. An idea where the passage is dimly lit with wall lamps and it opens to a brightly lit opening.

light effect; Good lighting; poor lighting

Other than also making your space come alive, making a statement, spreading warmth around the house, highlighting areas of choice, Good Lighting can do much more than what you ask of it. Because it is much more than just light.

Rediscover your light; Light up your imaginations.

 

 

Call our Lighting Consultant today for all your lighting needs

David Udoh (08067483904)

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Complete Phyto-Energizer – The 16,000 Phytonutrients Supplement

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Complete Phyto-energizer

Health is a balancing act and it is very essential to focus on health by providing our body with the complete and balanced nutrients that it needs daily. Complete Phyto-Energizer, a food supplement approved by FDA is a simple and easy way to perform this balancing act efficiently.

Complete Phyto-energizer is the most nutritionally dense food concentrate in the world market today. It contains the most number of anti-oxidants with approximately 16,000 phytonutrients in one product. The ingredient of Complete Phyto-energizer works in “synergy” to produce the maximum result for your body, making it the most potent anti-oxidant product in the history of supplementation.

It introduces a new concept in food supplements taken for daily health and energy through a wider range of distinctly balanced nutrients that provide the crucial health value from three important areas: daily essentials, botanical energizers and system defenders that include antioxidants.

Since it has no anti-aging and longevity polyphenols, it is recommended for children, complete phyto-energizer for pregnant women and nursing mothers. This is a breakthrough product because of its perfect blend of a number of vitamins and minerals along with whole fruit and vegetable juice blends, healing mushrooms, amino acids, digestive enzymes and essential fatty acids which can reverse over 100 ailments and diseases. 

complete phyto-energizer for pregnant women

Complete Phyto-Energizer is specially formulated for easy digestion and absorption into the bloodstream. Even the capsule breaks up quickly in the digestive tract. In comparison with other supplements, Complete V-Caps completely disintegrate in 15 minutes or less (the proper time to ensure absorption by the body). Other brands take up to 5 times longer.

 

Complete Phyto-Energizer Ingredients

  • 16,000 Phytonutrients and Anti-oxidants
  • 29 Vitamins / Minerals / Trace Minerals
  • 12 Whole Fruit Juice Blend
  • 12 Whole Vegetable Juice Blend
  • 18 Amino Acids
  • 14 Super Green Foods / Spirulina Blend
  • 12 Mushrooms
  • 12 Digestive Enzymes
  • 12 Herbs & Specialty Nutrients
  • 10 Essential Fatty Acids

 

 

Health Benefits Of Complete Phyto-Energizer

complete phyto-energizer health benefit

As a cleanser, healer, and energizer, Complete Phyto-energizer strengthens the body to protect itself and fight against a wider range of physiological conditions that lead to ailments such as hypertension, diabetes, and cancer, among others. Read further to see complete phyto-energizer uses below:

  1. Lowers cholesterol level
  2. Protects against heart disease and complications
  3. Helps prevent cancer of any origin
  4. Controls high-blood pressure
  5. Controls blood sugar
  6. Enhances, nourishes, strengthens and balances the immune system
  7. Rejuvenates the skin
  8. Promotes healthy blood circulation and cell regeneration
  9. Detoxifies the body
  10. Enhances sexual vitality
  11. Prevents degenerative diseases like arthritis and rheumatism
  12. Reduces the toxic effect of chemotherapy and radiation
  13. Increases your energy and strength
  14. Protects your precious DNA and RNA
  15. Relieves headaches and dizziness
  16. Maintain healthy gums
  17. Inhibit tumor growth
  18. Supports your liver
  19. Get better sleep
  20. Improves your vision
  21. Makes you look and feel younger
  22. Improves digestion and fertility
  23. Improves your lymphocyte count
  24. Treat menopausal symptoms
  25. Prevents morning sickness
  26. Protects children’s health
  27. Alleviate anxiety and stress
  28. Prevent allergies
  29. Resist disease
  30. Support kidney health
  31. Improves your memory
  32. Helps chronic dry cough
  33. Builds strong blood
  34. Inhibit lipid peroxidation
  35. Present allergies
  36. Resist disease

 

Manufacturers of Complete Phyto-Energizer

Complete Phyto-Nutrients is manufactured by Nature’s Way, a billion dollar company in Springville, Utah, USA. Nature’s Way has over 50 years of research and development of herbal and nutritional science that made the company a recognized leader among all the nutritional and supplement companies in America.

Making its mark as the pioneer of many breakthroughs in the advancement of good health and the supplement industry, Nature’s Way is known for its green leaf logo which represents health, life, and nature. The company prides itself in the dedication to manufacturing the finest products that consumers have attested to when they “trust the leaf” each time they buy and use Nature’s Way products.

ENHANCED WITH VCAPS: complete phyto-energizer V-caps

 

A Food Supplement for a Complete and Balanced Health

This phytonutrient supplement mainly focuses on providing consumers with vital and essential nutrients required by the body to maintain a general well-being. Researches have proved that this dietary supplement strengthens and balances the immune system. It also promotes regeneration of cells and detoxifies the body which helps in maintaining overall health and fitness.

 

Also Read: C247 Natura-Ceuticals – The Next Generation Food Supplement

 

Complete Phyto-Energizer is Recognized By

  • Food and Drug Administration Philippines
  • HALAL

 

complete phyto-energizer Uses

 

 

Complete Phyto Energizer Dosage

Complete Phyto Energizer is to be taken 3 capsules daily.

 

Complete Phyto Energizer Side Effects

There is no recorded side effect(s).

Complete Phyto-Energizer is currently in stock.

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C247 Natura-Ceuticals – The Next Generation Food Supplement

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C247 Natura-Ceuticals

The balanced and collaborative effects of C247 NATURA-CEUTICALS’ ingredients, and its formulation and proprietary manufacturing process, makes C24/7 a much better product when compared to other natural products in today’s modern market. C24/7 contains 140 components in every single capsule.

C247 Natura-Ceuticals - The Next Generation Food Supplement

C247 Daily Essentials Ingredients

29 Vitamins / Minerals / Trace Minerals
18 Amino Acids
14 Super Green Foods / Spirulina Blend
12 Whole Fruit Juice Blend
12 Whole Vegetable Juice Blend
12 Mushrooms
12 Digestive Enzymes
12 Herbs and Specialty Nutrients
10 Essential Fatty Acids
5 Anti-Aging / Anti-Oxidant Enhancer
4 Longevity Polyphenols / Mega-Resveratrol Blend

Longevity Polyphenols

Japanese knotweed
Premium Red Wine Extract
Grape Seed Extract (95% Polyphenols)
Concentrated Red Wine Powder

Anti-Aging Anti-Oxidant Enhancers

Cystein HCl (98%)
Quercitin
Concentrated Grape Skin Extract
Green Tea (95 % EGC Polyphenols)
Co-Enzyme Q10

Supplement Facts

Below are the technologies used in producing C24/7:

PHYTO-ALKATECH

A powerful complex of natural Alkaline ingredients designed to enhance the Alkalinity of this formulation and also protect and neutralize possible acid damage when it reaches the stomach. Thus preserving the purity and potency of this breakthrough NATURA-CEUTICALS.

SYNER-TECH

Embodies the Science & Technology of the Combined Complimentary and Synergistic Effects of Nature’s Most Powerful elements and Phyto-chemical Nutrients. It has been proven over the years that many antioxidants are better taken with other anti-oxidants providing a more enhanced effect as compared to taking them alone.

C247 Natura-Ceuticals - The Next Generation Food Supplement

It’s ROUND-THE-CLOCK NUTRITION. #1 Absorption: C247 nutrients are better absorbed into the bloodstream because its Vcaps disintegrate up to 5x faster than other leading brands.

C247 Natura-Ceuticals - The Next Generation Food Supplement

Health Benefits of C247

  • Promotes longevity
  • Lowers cholesterol level
  • Protects against heart disease and complications
  • Helps prevent cancer of any origin
  • Controls high blood pressure
  • Controls blood sugar
  • Enhances and balances the metabolism
  • Increases the production of inherent glutathione in our body
  • Rejuvenates the skin
  • Regenerates liver cells
  • Promotes healthy blood circulation
  • Detoxifies the body
  • Reduces fatigue, depression, and anxiety
  • Enhances sexual vitality

Content:

30 Vegetable Capsules

 

C24/7 Side Effect

There are no side effects while using C24/7.

 

Manufactured by Nature’s Way, Springville Utah

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  1. c247 Benefits
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  6. c24/7 Uses
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