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How Blockchain Changes Society for the Better

This article describes ICOs useful to society and social life: how blockchain can help to find a job in a minute, to protect against copyright infringement in the Internet and to donate money to those who really need it and not to the scammers.

Read time: 9 min
Cryptoassetsrank.com Published on Jul 04, 2018
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This article describes ICOs useful to society and social life: how blockchain can help to find a job in a minute, to protect against copyright infringement in the Internet and to donate money to those who really need it and not to the scammers.

Charity

Blockchain's role in the field of charity is to help the benefactors monitor the use of their donations. By shutting out the fraud and misuse of money, the technology will motivate people to make donations.

At present, our society faces the following problems:

  • donations are collected and used by the scammers;
  • donations are lost if the charity platform or organisation shuts down.

Due to blockchain, there will be no need for a charity organisation to collect donations because the benefactors will be able to make donations directly via the blockchain platform. They will be sure that they donate money to the people who most need it and will be able to track how the money is spent.

For example: The creators of the blockchain charity platform Giftcoin made the donation process transparent. On the platform you can track all the transactions and check if the money has reached those who are in need.

Drugs and healthcare

The developers of blockchain projects want to facilitate the processing of medical datasets and to make the diagnosis more accurate, as well as to avoid the loss of medical records.

At present, the doctors make a diagnosis only based on the results of medical examinations and the patient's medical records. The patient’s medical records are stored in the clinic's computer and can be lost in case of a technical breakdown.

Due to a medical blockchain platform, the doctors will get access to the medical datasets containing the experience of their colleagues, the information about the ecological situation in the region, etc. The medical records will be decentralized and stored on thousands of computers all over the world.

For example: The founders of the BurstIQ project developed a decentralized medical data platform. It collects and integrates medical data from different sources. Organisations and doctors can exchange data very quickly.

Education, recruitment

The founders of such projects create a unified database of diplomas and certificates for the employers, shut out the falsification of documents and help to monitor the job trends.

At present, the employers lose time and money while looking for employees via job agencies, contests and tenders, putting themselves at risk of hiring specialists with forged diplomas and certificates. Due to blockchain, all the documents will be stored in a decentralized database and nobody will be able to enter false data into it. Headhunters and human resource specialists will have access to the database of specialists whose competence is certified by diplomas.

For example: On the Aworker platform the employers submit their vacancies, while the specialists submit their portfolios and data on education and qualification. The platform will replace recruitment agencies, the employees will be searched for and hired directly.

Content management

The developers use a decentralized registry in order to protect copyright from infringement and to conduct global examination for plagiarism.

At present, the authors cannot protect their rights to the full extent because there is no effective mechanism allowing to protect digital content published on the Internet from theft. Due to a blockchain platform, every author will be able to confirm his or her right to publication immediately without any bureaucracy.

The technology will be useful to the researchers who now have to assess their contribution to group work by publications in print media. Publications can be bought, that is why the assessment mechanism is ineffective. Instead of such mechanism, blockchain will automatically record the published work in the decentralised registry, where it is impossible to forge the results.

For example: A decentralized directory was used by the developers of the Mediachain platform, where the authors can upload their content, protect it from plagiarism and sell it for cryptocurrency.

Identity and reputation, privacy and security communication

The developers bring in blockchain in order to protect personal data and correspondence of users from hacking.

At present, the information about social media users, their correspondence, photos, music and personal data are stored on the servers of companies that can be hacked.

After the introduction of blockchain, the encrypted files and data will be stored decentralized, nobody will be able to get unauthorized access to them.

For example: Decentralization and data cryptography are used by the developers of the FortKnoxster platform. The project combines the options of social media, messengers and file storages and provides data security. The project founders conducted an ICO and sold crypto tokens to the investors, which can be used to buy additional data storage space.

Transport infrastructure, supply and logistics

With the help of blockchain the developers are determined to solve the main problems of cargo transportation: lack of trust for the carriers, lack of unified operation standards, ineffective use of vehicle fleet.

At present, small carriers offer a limited list of services, for example, they work within one region only. That is why the search for a company and the cargo shipping takes a long time. Sometimes unscrupulous carriers give fraudulent data to the clients, for instance, about the availability of insurance certificates.

On the blockchain platform the companies will be working similar to the way the Uber taxi drivers do: the clients will be able to quickly find a suitable carrier in the unified database and order cargo transportation in just a couple of clicks. All the data entered into blockchain will be reliable because it will be confirmed by all the participants of the network.

For example: The founders of IMMLA create a unified network of road, rail and air cargo transportation all over the world.  Using IMMLA, the companies will be able to offer services without any intermediaries, while the clients will be able to quickly find suitable carriers.

Real estate

Real estate deals will become simple and transparent, the sellers and the buyers will be able to interact directly, the risks of fraud will be eliminated.

At present, the buyers select the real estate via real estate agencies, pay high commissions and get information about a limited number of items in the company's database. It takes weeks to check the real estate data in the property rights register and to study the real estate developer's documents.

Due to blockchain, the buyers will be able to select real estate items in the unified database and to deal directly with the real estate developer or seller. The register will contain reliable information about the real estate developer or seller. It will take just a minute to get it.

For example: As envisioned by the founders of Deedcoin, the project participants will be able to buy, sell and rent the real estate via decentralized platform. It will be safe and cost-efficient due to saving money on the commissions paid for the services of intermediaries. In the course of initial coin offering the developers sold the coins to the investors, which can be used to get a discount for real estate deal commissions.

Energy and utilities

The technology will help to save money on public utilities, for instance, electricity.

You should look for a cost-efficient electricity tariff by yourself, and in order to change the provider, you need to sign a new contract.

With blockchain the electricity providers will enter their tariffs into a decentralized register. Smart tools will automatically find the best price and conclude smart contracts in the name of the accommodation owner or tenant.

For example: Energy network Tennet and the manufacturer of home energy storage systems Sonnen joined forces to develop a joint blockchain platform. It will help the owners of surplus energy that is stored in energy storage units to share it with other users of the decentralized network.

Manufacturing

With the help of blockchain the developers intend to automate the purchase of raw materials from the suppliers, to provide product certification and quality control based on the unified quality standards.

At present, entire supply departments work at enterprises, the search for suppliers takes time and the quality of raw materials and finished products is still not up to standards - unscrupulous companies sell defective and counterfeit goods.

In blockchain the developers will be able to automatically select suppliers from a unified database and sign contracts with them. The information about the quality of goods will be available in the decentralized database, the compliance with the standards will be confirmed by all the network participants.

For example: IBM joined forces with Walmart to study the capacities of a decentralized registry for food products quality control. After its introduction, the work of the food manufacturers will be transparent and spoilt food products will not end up in the shops.

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