5 unique crypto sectors that are often not mentioned

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1. Supply Chain – Blockchain supply chains eliminate human error by fully automating supply chains through smart contracts.

Examples: Vechain, Waltonchain, OriginTrail

2. HealthCare – Private patient information and security is implementable with blockchain, as it relays instant, reliable data to medical staff upon approval from the patient.

Examples: Medicalchain, Patientory, MediBloc

3. Digital Identity – This sector aims to protect identity. Currently, there are a number of situations where personal identification is required on centralized services. Centralized services have a single point of failure, meaning if they are compromised, all personal identity information is at high risk. Blockchain identity projects aim to use encryption, cryptography, and smart contracts as a means for verification of identity without any risk of that identity being exposed or stolen.

Examples: Civic, THEKEY

4. Energy – Aiming to disrupt the current state of the energy market, these decentralized blockchain projects main focus is to allow the buying and selling of energy between consumers, no third parties or big companies involved. Transparency of variable electricity rates would emerge, creating an honest market and exposing overly manipulative companies.

Examples: WePower, Powerledger, Grid+, Electrify.Asia

5. Social Media – Decentralized social media platforms aim to give data control to the creators in order to benefit them rather than the centralized owners.

Examples: Theta Network, Steem, Mithril, LBRY Credits.