Blockchain Application in Business | 4 Popular Blockchain Platforms

Research has it that about 55% of businesses in India are already adopting blockchain technology. Generally, the blockchain is such a disruptive technology to the extent that it has a Compound Annual Growth Rate (CAGR) to be 82.4%.

The market size was recorded to be 3.67 billion USD dollars as of 2020. The exciting thing is that the growth rate will maintain the upward signal even till around 2028. While these results may or may not startle you, the important questions you need to answer without dilly-dallying are these;

Are you adopting blockchain technology?

Are you integrating this technology into your business?

What is the blockchain application in business?

Have you started using blockchain-based applications and platforms to your advantage?

As you thoroughly search your heart for the truth about those questions, let me quickly remind you of what blockchain is in case you don’t exactly know.

Blockchain is a decentralised shared ledger technology that; tracks transactions and keeps records immutable, transparent and secure in a business network.

Blockchain Application in Business

The blockchain application in business is still in its early stage just like Bitcoin in 2009.

I just chipped in this to tell you that this is the best time to carry this subject of discussion; “blockchain application in business” as a case in your head.

Carrying it as a case in your head is to start making baby steps towards integrating it into your business.

My mission in this piece is to show you the 4 blockchain-based applications and social media platforms you should not fail to leverage as a business or even a marketer.

They will help you rake in more cash.

4 Blockchain-based Apps and Social Media Platforms

WordProof: Claim ownership of your content

Content Marketing is a very good tool to deploy for business growth. As a business or a content marketer, maximising the benefits that come with content marketing practices should be one of the tops on your table.

Hence the reason to show you what WordProof can help you achieve. What I am about to say now can be painful. I know because I have experienced it and possibly you too. Imagine situations where you’ve gone through a mental draining exercise to come up with original, quality and captivating content, only for your competitor to write on the exact topic and even rank better.

Quite painful!

Isn’t it?

I know so but hey, those potential moments of pain will be cut off once you start utilizing WordProof. It is a WordPress plugin built on blockchain technology. With WordProof, you can put a time stamp on the blockchain which will be processed on the general ledger.

This timestamp after processing can not be adjusted and its link will now appear at the bottom of your content (article). This now proves that you are the owner of the content

Steemit: Incentivized blogging platform

Steemit is a blockchain-based social media blogging platform. When you publish an article, you can earn tokens. These tokens are earned when you get a lot of thumbs from the Steemit visitors for reading and voting for your article.

Any reader can as well earn tokens when he votes for the article first. As a business or a marketer, Steemit is sure another platform to earn more.

Tippin.me: Get some tips into your pocket

When you are registered with tipping.me, you can earn from your tweets. What you need to do is to install its Chrome extension and then link it to your Twitter username.

This will make a lightning icon appear on your tweets at the bottom side after the retweet, message, like and reply symbol. When the lightning is clicked, you can get tips by scanning the QR code that will appear with your new wallet created on the tipping.me account. Get to know more here

Brave: Earn as a Brave user

A brave web browser is a search engine that protects the user’s data. It displays ads based on the user’s browsing history which is stored locally. Users are at liberty to turn on the ads they want in place of seeing generic ads.

It creates a win-win scenario for both the user and the publisher. Both parties earn at the end of the day. If you become a brave user, you stand to earn 15% of the brave’s revenue while 55% goes to the publisher. These earnings are in the form of Brave’s BAT crypto and are paid into the user’s Brave’s wallet.

One can transfer the money in their wallet to any of their favourite content creators as tips using the tipping feature. Better still, a user can withdraw their BAT (Brave’s Attention Token) as cash.

Brave makes it possible for advertisers to display personalized ads and at the same time, users are in control of their privacy.

Conclusion:

When you are knowledgeable of how blockchain can benefit you and help improve businesses, honestly, you will not fail to start getting involved now with the blockchain wave.

If you want to create websites or apps for your businesses, don’t do it the conventional way, involve blockchain-oriented software developers to get the job done. Let me softly echo it once more into your ears, and start integrating it into your business and in all your endeavours.

Most importantly, you can enrol on a blockchain literacy class so you can have an in-depth knowledge of the subject matter. This is candid advice you can implement without shilly-shallying.

What will be your next action concerning the blockchain journey after you leave this page? Please do tell me in the comment section, I will love to know.

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