Cosmos Blockchains In Real Life 01
Welcome to the cosmos, the ecosystem of interconnected blockchains. The vision of Cosmos is to break the barrier of lack of communication between blockchains. For this, a set of open-source tools like Tendermint, the Cosmos SDK and IBC are designed to quickly let people build custom, secure, scalable and interoperable blockchain applications.
No doubt that the blockchain has brought a revolution to many industries. The financial, logistical, healthcare and legal industries have seen the disruption of blockchain and evolved with the technology’s potential.
At the time of writing this article, there were 266 blockchains with different statuses in the cosmos ecosystem. This article will explore a few of these blockchains with real-life use cases.
- Althea
Althea is an Internet Service Provider (ISP) platform and blockchain that enables the coordination of multi-stakeholder networks. Althea decouples the service and infrastructure layers of Internet delivery and coordinates transparent and programmatic revenue sharing.
Althea employs the community to build its internet infrastructure. It builds networks with buildings, towers, trees, etc, and also employs members of the community to the network while they earn for their contributions. https://www.althea.net/
- AMO
AMO is a blockchain infrastructure for the efficient exchange and sharing of all car data powering the next generation of automobiles. For car users, manufacturers, and relevant service providers, this means that data will no longer be under the centralised control of specific companies, but rather become public assets that allow for valuable services to be made available.
All data from the first registration of the vehicle, driving habits of the driver, accident history, purchase of services, to even scrapping of the car will be recorded in a standardized manner, making it possible to build an infrastructure independent of location/country or vehicle type. Those participating in this ecosystem and sharing their car’s data will be compensated with coins. https://medium.com/@amoblockchain
- BitCanna pay
BitCanna pay is a payment network for cannabis-related industries. BitCanna creates equal opportunities for the Cannabis and related industries by supporting them with a payment system, supply chain solution and review platform.
BitCanna also offers a free cosmos pay plug-in for individual and corporate store owners that want to integrate crypto payment on their platform. As of now, currencies supported include $ATOM, $OSMO, $BCNA and $JUNO other currencies can also reach out to BitCanna to make their crypto listed. https://www.bitcanna.io/#Banner
- BitSong
BitSong provides solutions to the existing problems of metadata and monetization in the music industry.
BitSong allows artists to connect their music directly to audiences with standard music metadata to ensure attribution every single time. In doing so, reduce the value leakage that happens via existing channels
BitSong also introduces new ways to monetize music and a musician’s brand through innovations such as fan tokens and NFT-based digital collectibles. https://bitsong.io/
- Medibloc
Medibloc is a blockchain-strengthened product that concentrates on the Self-Sovereignty of digitalized health records. Medibloc is creating a world where health records are reliable, secured, private and tradeable while incentivising the forces included in the cycle.
Medical data play an immense role in the healthcare industry. Better data means better care. More immediate access to patient data means quicker and more effective diagnosis and treatment. https://medibloc.co.kr/en/
- REGEN Network
Regen Network is to build a foundational fintech infrastructure for ecological claims and data. This means it serves as the ‘Layer 0’ upon which other projects and protocols may build and harness to execute their climate-focused business models.
Using a distributed ledger and modern remote sensing technology, Regen is creating new tools for how humanity relates to its environment.
Closing thoughts
The blockchain, with its attributes as a distributed database with decentralization, security and immutability has unlocked many use cases in real life. Many real-life projects have, and will be choosing to build in the Cosmos ecosystem because of its stack that has made blockchain creation easier and fast.
Continue enriching yourself with the second part of Cosmos blockchains in real life…
