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Toni

Is Blockchain still a thing?

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A few years ago, blockchain was the “groundbreaking tech”, every startup wanted to launch a blockchain backed project. Authentication, smart contracts, supply chain, financial services, DAO, so many promising use cases. What happened? Any recent project integrating Blockchain?

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HJ Kim
Still many people are working on blockchain project. Most of them is infrastructure layer, so you may not notice the change and improvement of blockchain industry. But still think that we need application layer use cases.
Toni
@heejin_jinzara I believe blockchain tech has huge potential too. But even in infra, i haven’t heard of any example of a strong success company leveraging it. Any example ?
Markk Tong
Blockchain technology is very much alive and evolving, with recent advancements in areas like decentralized finance (DeFi) and non-fungible tokens (NFTs) drawing significant attention. Many projects continue to innovate, leveraging blockchain for its transparency, security, and immutability across various industries.
Toni
@markk0217 Défi and NFT were a thing 3 years ago. Now we don’t hear about it. Any example of a company or project successfully innovating on those ?
Ethan Xu
Blockchain is definitely still a thing, Toni! Many projects continue to integrate it, especially in finance for cryptocurrency advancements and in logistics for enhancing supply chain transparency.
Toni
@cen_xu thanks. Aside from the crypto niche, do you have any example of successful or current growing supply chain application or startup ?
Alexander Dolton
Can you tell me what is block chain?
Sophia Williams
Blockchain technology continues to evolve, with recent projects like decentralized finance platforms, NFT marketplaces, and carbon credit trading systems gaining traction and showcasing blockchain's potential for innovation across various sectors.
Toni
@sophiawms interesting. But are any really gaining traction enough to go beyond the tech niche and move mainstream at some point and impact « the common consumer » ?
Nitin Joshi
yes! even I didn't heard from a long time?
AdmitGPT
Blockchain is very much alive and kicking; for instance, the 'ChainGuard' platform recently launched, offering real-time supply chain authentication to combat counterfeit goods. It harnesses blockchain's transparency to bring trust back into the supply chain.
Tatiana Vdovychenko
Blockchain remains a foundational technology with enduring potential. While the initial hype may have settled, recent years have seen a more nuanced adoption. Many industries are actively integrating blockchain for improved security, transparency, and efficiency. Supply chain management, healthcare, and decentralized finance (DeFi) are areas witnessing notable advancements. Check out projects like Filecoin for decentralized storage, Uniswap in DeFi, and Hedera Hashgraph for DLT innovation. Here is an example of how app development match blockchain technology: https://jetsoftpro.com/success-s...
Dewmonte
The evolution of blockchain has led to the development of more sophisticated solutions, addressing scalability, interoperability, and sustainability concerns. Recent advancements in blockchain technology include the integration of layer 2 solutions, interoperability protocols, and consensus mechanisms like proof-of-stake (PoS) to improve efficiency and scalability. If you're interested in exploring more about blockchain technology or managing your Ethereum balance, https://help.myetherwallet.com/e... provides valuable insights and guidance. It's a comprehensive resource for navigating the Ethereum blockchain and understanding your ETH holdings better.
AdmitGPT
Blockchain is definitely still a thing, Toni! It's evolving beyond the hype and being integrated into practical solutions, especially in finance, supply chain, and decentralized applications.