One of the things that continues to be fascinating about blockchain technology is that it is often working behind the scenes. At this point, blockchains are not particularly aimed at consumers, as the vast majority of people do not yet think to involve them or even fully understand the benefits.
This does not mean, however, that they are not making life a little better for consumers already. In many ways behind the scenes, blockchain concepts and applications are already having an impact on people in various industries and activities.
1. Supply chain assistance
This could be the biggest way blockchain technology is already affecting our lives and will continue to do so in the future. Essentially, through the blockchain's ability to track inventories, record transactions and shipping details, track individual products and even collect and share data with human managers, it can enable greater supply chain efficiency like never before. .
This is the maximum benefit behind the scenes, in a sense, because while most of us, as consumers, do not consciously worry about the efficiency of the supply chain, it affects what is available to us and about how we can do it easily. Blockchain technology can effectively guarantee that we are approaching a world where we always have access to everything we want, at least for shopping.
The supply of stocks is a category or a rather specific idea to mention, but in reality it is one of those that poses a series of difficulties in a traditional online market. The sites that sell photos tend to undergo a huge cut, which increases prices for consumers and discharges potential photographers' earnings. In addition, photo rights can be very difficult to maintain for photographers and consumers, through traditional sales practices.
Blockchain can help make everything more direct and more clearly defined, lowering prices for consumers and helping photographers maximize revenue at the same time, and keeping things clear about rights. A particular blockchain system – Photochain – is already doing it.
3. Simplified bets
The secret is that cryptocurrency bets are increasing online. Most of the major casino and betting platforms still do not use it, but a growing number is indeed turning into a crypt as a means of reassuring old and new customers about security and transparency. However, we are also observing that blockchain is used in other ways in the same sectors.
Basically, a public ledger that shows an intelligent contract activity has the ability to randomize results and establish fair results so that consumers can be more confident. This technology is in its infancy, but it can add a level of transparency and authenticity to virtually any online gambling practice, which ultimately affects millions and millions of people.
4. Customer service
This may or may not be a behind-the-scenes practice when all is said and done, but the idea is that blockchain technology can facilitate automated customer service for companies with online components.
Right now, the best solution when you need online customer service is talk with a chat bot, or occasionally with a real person, or send an email or send a tweet with your request. With blockchain enabled customer service, however, smart contracts can effectively ensure that customers get what they want as quickly and clearly as possible.