Tackling Day To Day Challenges With Blockchain Technology
Blockchain is one of the fastest growing technologies. It’s everywhere, but we are still far away from where we’d like it to be. Mass adoption of the technology appears to be a problem with some projects also facing scalability issues.
What is Mass Adoption?
It’s basically the widespread utility of blockchain-based programs. When we talk about mass adoption of the blockchain, we don’t only mean cryptocurrencies; we mean everything that is based on the technology.
There are many companies making use of the blockchain network to create products for the use of people. However, very few have found a good level of success.
Let’s look at three companies that are pushing for a mass adoption of blockchain with their products:
We all love to travel. It is, in fact, one of the most popular activities out there. We spend about $271 per day on international trips, which shows just how powerful and popular traveling is.
Most people turn to travel agents or online portals like Expedia and Booking.com when they wish to book a property. However, such options can be costly due to the fees involved.
TravelBlock aims to reduce this by removing middlemen from the transaction and making bookings more affordable and reliable. There are no fake reviews and customers can book properties quickly and easily without any trouble.
It’s a new platform but has found quite some success, primarily due to its affordable rates. It promises to help you save up to 50% on your trip. The company has an experience of 50+ years in traveling and appears to be doing quite well.
Shortened for Decentralized Alternative Cabs Serving & Empowering Everyone, DACSEE is one of the most popular blockchain-based platforms with over 30 million USD in ICO.
It’s a ride-sharing platform that allows passengers to travel without any issue as everything is kept safe and secure on the blockchain network. Plus, it’s also more affordable than other substitutes like Uber and Lyft thanks to reduced fees, which make DACSEE about 30% cheaper than other ridesharing platforms.
The makers are hopeful that the company will push more people to try blockchain-based products since it offers them a solution to a real problem.
Many people shy away from ridesharing despite it being more affordable than owning a car. This is mainly due to the risk of data theft. People have little to no confidence in companies like Uber, especially since it has been a part of several data hacks in the past.
Plus, ridesharing drivers also have a notorious image. In fact, many have been a part of sexual harassment incidents, which leaves a terrible image into the mind of passengers. Conversely, it’s a major reason why many females shy away from ridesharing.
However, DACSEE tries to solve the problem with the help of blockchain. It’s secure since blockchain is hard to hack into. Plus, it also lets female passengers choose female drivers, or even male passengers choose a referred driver, in order to have a good experience.
It also educated drivers about cryptos by paying in fiat but converting the service fee into DACS token. The fee directly goes to the pool and helps drivers learn more about cryptocurrencies.
Services like these can definitely help blockchain grow more and reach to a broader audience.
It doesn’t matter how good of a cook you are, you would order food now and then. While we have many platforms to do that, it can get troublesome due to the risk of personal information reaching unsafe hands.
When you order food online, you have to enter your name, address and other such details. Some sites may even ask for financial information including credit card details. All this information can reach shaky hands and cause you a significant loss.
Blockchain-based platform BlockFood helps solve this problem by putting everything on the blockchain network. The project has been in development for a while now but was announced publicly in December 2017.
The presale ended in the first quarter of the year and beta testing is currently under process.
While the platform is yet to carve a niche, blockchain enthusiasts seem to be pretty excited about the happenings since there’s a clear need for a blockchain-based food ordering and delivery platform.
Why People Stay Away from Blockchain
It’s important to know why blockchain isn’t as massive as many say it should be. People are usually apprehensive of trying anything that’s new — blockchain is no different.
Its biggest asset, Bitcoin, faced rejection when it first came out but today it’s highly valued. There’s a need to educate people about the advantages of the technology and they will definitely jump the bandwagon.
