The future potential of Blockchain technology in real life

The future potential of Blockchain technology in real life

In the not so distant future it will be possible for an individual to wake up and utilize blockchain technology countless times without leaving their house or apartment. For example, a student wakes up and checks their phone to see that a smart contract has been fulfilled by a grocery delivery company. Upon receiving the delivery, they are able to scan the package and view the whole supply chain history. After having breakfast, they send an essay to their college or university, with the contents and time and date of creation verified via the blockchain. They then put on some music, which is fairly distributed via smart contracts and ensures that the creator is suitably reimbursed. The student also decides to purchase a flight ticket and verifies their identity by interfacing with a unique blockchain entry and confirms all the details of the flight via the air industries own blockchain.

As you can see, the scope of blockchain technology is almost endless and will touch every person’s everyday activities. At this point we can only speculate but blockchain technology will sooner or later become fully integrated into everyday human life.

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