Business Opportunities on Blockchain 1. EdTech Startups I explored a lot of Blockchain courses in Udemy, Blockgeeks, etc. Some of these courses are good. But, there is a room for improvement. It can be made much simpler, interesting and engaging. I recently came across . It teaches you to write a smart contract by building a game. It was on top of . There is a good demand for such platforms. I would recommend you to read the book . CryptoZombies HackerNews The Innovator’s Dilemma CryptoZombies _The fastest way to learn how Blockchains work is to build one_hackernoon.com Learn Blockchains by Building One _According to Wikipedia, a blockchain is:_medium.freecodecamp.org How does blockchain really work? I built an app to show you. 2. Blogs There are a lot of articles with jargons about Blockchain, but stories are less. There is a good audience who is looking for simplified explanations. Since it’s an emerging market a lot of ideas are still to be imagined. You can write about Blockchain by thinking about its use cases in different industries. Eg. How will Blockchain impact the health industry? or the education industry? You can also write by combining ideas from different fields. is a great book that can help you explain topics simply in an understandable way. Made to Stick _The ultimate 3500-word guide in plain English to understand Blockchain._hackernoon.com WTF is The Blockchain? _It wasn’t too long ago that Silicon Valley scoffed at cryptocurrencies. All over coffee shops in Mountain View and…_hackernoon.co We already know blockchain’s killer apps 3. Idea Validation You have a startup idea. You know it works when you put it out on the market with a basic version of the product (MVP). Only when people pay you money you can be sure. Typically starting to accept payments can be difficult. You need to register a company, complete the legal process, etc. Cryptocurrencies help you prevent such hassles. You can create a wallet, set up the API and start accepting payments in no time. 4. Solutions for Non-Techies It’s difficult for non-techies to use blockchain themselves. Startups like are addressing this market. There are potential in ideas which can help non-techies take advantage of Blockchain solutions like generating a smart contract, managing ICO funding, etc. I was exploring ICO turnkey solutions, most of them are expensive. You have to raise a seed round to afford such solutions. An affordable solution is definitely a need. Coinbase 5. Non Profit The biggest problem the Blockchain solves is that it eliminates the middleman. Producers get reasonable revenue for the work. In India middleman has exploited the agriculture industry. Non-Profits are trying to use the Blockchain to connect consumers and farmers directly on the Blockchain. Find an industry you are familiar which is exploited by a middleman. Experiment ways you can use Blockchain to eliminate them. There you go, you have an idea for a non-profit. Ethereum is one of the biggest social enterprises on the Blockchain. They have created a platform which can benefit programmers, entrepreneurs, social entrepreneurs, miners, etc. Investors can fund the Non-Profits with the help of a smart-contract. This means if only certain milestones are achieved the funding will be released. This will make Non-Profits more responsible for the work they do. Blockchain also increases transparency to the system. You can find out who exactly benefits from your donation on the Blockchain. _Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any…_ethereum.org Ethereum Project 6. Raising Funds It has been never easier to raise investments for your idea. The biggest problem ICOs solved is anyone anywhere could be an investor. You don’t have to go through the tedious process or generate a certain amount of revenue to be eligible. Scamsters has taken advantage of these. In the future probably there would be some mechanism to prevent fraud. If you have an idea. investment wouldn’t be your biggest hurdle. You just need to convey the idea to the right people to help you raise investments. Entrepreneurs usually have these skills in their blood. medium.com How to Validate If Your Ideas Need a Blockchain 👏 , 😊. Claps Please Thank You Follow us, HackerNoon and me ( Febin John James ) for more stories. I would like to introduce you to two amazing services. Earn pays you bitcoin for reading emails. Mentorbox summarises popular books and provides actionable insights.
