Good read that touches on many use cases by industry
- Supply Chain - If goods are tracked at their origin on the same network than it is less likely to be unsure of where materials came from and what the material is. This means that it is significantly less likely for an entire recall on items since network participants can trace that issue down to the node level.
- Financial Transactions - Instantaneous transactions between any network participants are possible as opposed to ACH transfers. Doesn’t matter if I’m across the world or right next door, the process remains consistent.
- Rewarding the Consumer - Blockchain can help facilitate true tracking and rewarding of consumer actions as well as allow consumers to truly own their loyalty. NFTs can and will be a driving force for consumers to take ownership and keep track of subscriptions, as opposed to the current subscription rental approach that has become popular and overwhelming for its users.
- Data Upkeep + Tracking - Blockchain allows all network data to be recorded and found instantly. This can eliminate the “he said, she said” between co-workers or businesses as well as enhance reliability and speed up data driven decision making.
- Shivsak provides a wide range of use cases here: https://twitter.com/shivsakhuja/status/1531504470776983553