Has a “Killer App” For Blockchain Arrived? How Gaming Can Trump ID, Supply Chains and Trade Finance Uses
With the recent increase in popularity of the blockchain technology, many believe that it is only a matter of time before this tech enters the mainstream. However, to do that, it will first need a catalyst, and many have been wondering for a while just what that might be. This has given rise to the elusive “Killer App” theory.
Can It Be Gaming?
Gaming industry generally is trailblazers for adopting new technology. Can the story continue again?
Gamers are arguably a great target audience for blockchain applications like cryptocurrencies. They are used to online payments and dealing in fungible items that only exist within a digital ecosystem. They’re familiar with virtual currencies too. Online games and game stores like Steam often have their own digital wallets that contain credit bought with fiat currency.
Besides enabling payments, blockchain records could help gamers build a profile of their in-game achievements, forming a “resume” when joining tournaments or esports teams. The startup hopes this will help proliferate Bountie coins among the community.
Xpring is a Ripple initiative that builds infrastructure and helps innovative blockchain projects grow through investments and partnerships. They are strongly focused on projects that build on and utilize XRP and the XRP Ledger. Their objective is to build a robust community of developers, entrepreneurs, and companies who believe that blockchains, and the XRP Ledger, in particular, will transform industries. The project will use a mixture of investment, grants, and incubation to lure companies and expand the use of XRP whilst allowing Ripple to continue to focus on its financial services business.
DreamTeam is the infrastructure platform and payment gateway for esports and gaming. DreamTeam is the ultimate teambuilding and skill-growing platform that solves problems for hundreds of millions of gamers who want to find teammates, improve skills, manage teams, and earn money. And with the unlocking of blockchain and smart contract technologies, DreamTeam is building a one-of-a-kind payment gateway for players, teams, tournaments, and sponsors.
Gaming sector is the most likely of scenario as the double-digit year on year growth has no chance of slowing down in the near future. The possibilities are immense. Supply chain is also likely to make a major breakthrough, although the sector doesn’t affect mainstream as much as gaming does.