The blockchain allows a very wide panel of application that can go beyond the monetary framework. This thanks to its transparency, its security and especially its decentralized aspect.
Here's how we can use the blockchain:
- monetary use, with the transfer of financial products, such as bonds, stocks, securities.
- use as a register, to be able to better track assets, but also products.
- use as smart contracts. That is to say, autonomous programs that automatically realize the terms and conditions of a contract, without a human being personally involved.
The possibilities of application are enormous, whether in the fields of health, insurance, banking, international trade, automobile, distribution, pharmaceutical industry, games, streaming videos, music, real estate, energy.
The blockchain could allow the launch of a Web 3.0, that is to say a new Internet that would be decentralized. It could generate a revolution in the economy through the token economy.
It will be first necessary for financial institutions and economic and monetary regulation organizations to allow, through a flexible regularization, the deployment of cryptocurrencies while monitoring their legal, ethical and ecological use.