{"id":8710,"date":"2022-02-24T08:50:39","date_gmt":"2022-02-24T08:50:39","guid":{"rendered":"https:\/\/www.webtechmantra.com\/?p=8710"},"modified":"2022-02-25T11:24:50","modified_gmt":"2022-02-25T11:24:50","slug":"blockchain-that-will-radically-improve-our-world","status":"publish","type":"post","link":"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/","title":{"rendered":"7 Things You Can Do With Blockchain That Will Radically Improve Our World"},"content":{"rendered":"\n<p>Blockchain technology is a secure way of passing information from one party to another without the need for a middleman.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_61 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/#1_Blockchain_Will_Protect_Your_Identity\" title=\"#1 Blockchain Will Protect Your Identity\">#1 Blockchain Will Protect Your Identity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/#2_Blockchain_Will_Allow_You_To_Own_Your_Social_Media_Data\" title=\"#2 Blockchain Will Allow You To Own Your Social Media Data\">#2 Blockchain Will Allow You To Own Your Social Media Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/#3_Blockchain_Will_Increase_Transparency_In_Politics\" title=\"#3 Blockchain Will Increase Transparency In Politics\">#3 Blockchain Will Increase Transparency In Politics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/#4_Blockchain_Will_Allow_Refugees_To_Receive_Aid\" title=\"#4 Blockchain Will Allow Refugees To Receive Aid\">#4 Blockchain Will Allow Refugees To Receive Aid<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/#5_Blockchain_Will_Allow_People_To_Control_Their_Data\" title=\"#5 Blockchain Will Allow People To Control Their Data\">#5 Blockchain Will Allow People To Control Their Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/#6_Blockchain_Will_Allow_Artists_To_Own_Their_Work\" title=\"#6 Blockchain Will Allow Artists To Own Their Work\">#6 Blockchain Will Allow Artists To Own Their Work<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/#7_Blockchain_Will_Stimulate_The_Sharing_Economy\" title=\"#7 Blockchain Will Stimulate The Sharing Economy\">#7 Blockchain Will Stimulate The Sharing Economy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/#Conclusion\" title=\"Conclusion:\">Conclusion:<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Blockchain_Will_Protect_Your_Identity\"><\/span><a><\/a>#1 Blockchain Will Protect Your Identity<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Identity theft is currently a massive problem. A lot of information, such as personal habits and security numbers, falls into the hands of criminals through third-party data breaches.<\/p>\n\n\n\n<p>Blockchain technology would allow people to control their information and only share the necessary details. This would be achieved through encrypted data stored on a decentralized system instead of one central hub, such as a bank.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Blockchain_Will_Allow_You_To_Own_Your_Social_Media_Data\"><\/span><a><\/a>#2 Blockchain Will Allow You To Own Your Social Media Data<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Social media is currently ruled by large corporations such as Facebook and Instagram. Many companies don\u2019t allow their customers to take their data with them should they leave.<\/p>\n\n\n\n<p>When users stop using a platform, the information that they have posted will still be stored on that company\u2019s servers.<\/p>\n\n\n\n<p>Blockchain would allow people to take their data with them. The information that has been posted would then be available for download and could be used on another social media platform if the user desired.<\/p>\n\n\n\n<p>Blockchain technology can also motivate users to receive tokens when they post content that other people want to see. You can check <strong><u><a href=\"https:\/\/bitcoin-storm.live\/\" target=\"_blank\" rel=\"noreferrer noopener\">bitcoin-storm.live<\/a><\/u><\/strong> for more information.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Blockchain_Will_Increase_Transparency_In_Politics\"><\/span><a><\/a>#3 Blockchain Will Increase Transparency In Politics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Political voting is currently a game of smoke and mirrors. The votes are counted by big corporations such as Diebold, who have an incentive to give their clients favourable results.<\/p>\n\n\n\n<p>This problem can be seen in the 2016 US presidential election when it was speculated that voting machines in crucial states were rigged against Democratic candidate Bernie Sanders.<\/p>\n\n\n\n<p>Blockchain technology can revolutionize how you vote and potentially end this perceived corruption. The votes would be encrypted and recorded on a decentralized ledger which is extremely hard to hack.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Blockchain_Will_Allow_Refugees_To_Receive_Aid\"><\/span><a><\/a>#4 Blockchain Will Allow Refugees To Receive Aid<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The individuals often struggle to receive necessities such as food and medicine. Usually, it\u2019s unclear whether an individual has access to the necessary funds for living expenses.<\/p>\n\n\n\n<p>Blockchain technology can make it possible for aid to be sent directly to a refugee, regardless of whether they have a bank account or not. This would save time and money as intermediaries \u2013 such as banks \u2013 who charge fees wouldn\u2019t be necessary.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Blockchain_Will_Allow_People_To_Control_Their_Data\"><\/span><a><\/a>#5 Blockchain Will Allow People To Control Their Data<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In recent years, there has been a shift towards big corporations owning people&#8217;s data. This information is often used to target advertising at the consumer and generate revenue. But unfortunately, it also allows these organizations to manipulate elections \u2013 as seen with Cambridge Analytica \u2013 and sell users&#8217; sensitive information to the highest bidder.<\/p>\n\n\n\n<p>Blockchain technology would allow people to see what information is being stored about them and then decide whether or not they wanted that data to be shared. A decentralized system would ensure transparency and security and prevent these large organizations from taking advantage of the individuals who use their services.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_Blockchain_Will_Allow_Artists_To_Own_Their_Work\"><\/span><a><\/a>#6 Blockchain Will Allow Artists To Own Their Work<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Artists often struggle to profit from their work because of copyright issues. This would mean that artists could upload their content onto a decentralized website which is difficult to hack. People who want to view this content would then have to pay in cryptocurrency, which would go straight to the creator.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_Blockchain_Will_Stimulate_The_Sharing_Economy\"><\/span><a><\/a>#7 Blockchain Will Stimulate The Sharing Economy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The sharing economy is quickly becoming a popular way for people to make money without renting out offices or storage spaces. This means that barriers between nations are also coming down, as it\u2019s now possible for someone in Australia to share a ride with someone in New York.<\/p>\n\n\n\n<p>The problem with the sharing economy is that it\u2019s hard for people to trust each other, as the transactions are typically not transparent. Blockchain technology can make these exchanges safer by recording them on a decentralized ledger which would be extremely difficult to hack. In addition, this would open up the sharing economy to a global market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><a><\/a><strong>Conclusion<\/strong>:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The future of blockchain technology is uncertain, but it\u2019s clear that the potential applications are wide-ranging. This revolutionary system can facilitate transparency and even democratize industries that have traditionally exploited their user base. You may not know what the future holds for decentralized ledger systems, but these seven points highlight how they could change the world for the better.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blockchain technology is a secure way of passing information from one party to another without<\/p>\n","protected":false},"author":1,"featured_media":8711,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1669],"tags":[600,713,849,1440],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>7 Things You Can Do With Blockchain That Will Radically Improve Our World<\/title>\n<meta name=\"description\" content=\"Blockchain technology is a secure way of passing information from one party to another without the need for a middleman.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"7 Things You Can Do With Blockchain That Will Radically Improve Our World\" \/>\n<meta property=\"og:description\" content=\"Blockchain technology is a secure way of passing information from one party to another without the need for a middleman.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.webtechmantra.com\/blockchain-that-will-radically-improve-our-world\/\" \/>\n<meta property=\"og:site_name\" content=\"WTM - 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