Discussion - Contrasting local and public test blockchains/ 500 words

profileThulata
chapter2.pdf

Dr. Michael G. Solomon

BLCN 631 – Blockchain Implementation

EFD Chapter 3 – Exploring Use Cases for Ethereum

Ethereum use cases (some)

• Benefits

• Transparent and traceable transactions

• Reduced overhead and cost

• Common use case categories

• Financial services

• Digital identity management

• Industry applications

• Governance

Financial services

Banking

Cryptocurrency

Real estate

Escrow apps

ICOs

Digital identity

management

• Individual and device identities

• Reducing fraud and theft

• Identity standards and products

• ERC-725

• uPort

Industry applications

Healthcare

Energy

Supply chain

Governance

Tax payment

Government spending

Voting

Policy development

Notary

Summary

• Exploring use cases for Ethereum applications

• Describing financial services and ICOs

• Simplifying identity management

• Examining industry applications

• Empowering governance