There are many prejudices, misreports and misunderstandings when it comes to the topic of blockchain. The technology offers enormous potential. So that everyone can benefit from it and the technology and its possibilities become more tangible, we clear up the prejudices

No: 3

There are no concrete and meaningful use cases for Blockchain!

As blockchain remains an intangible topic, the general public is often unaware of current developments. In fact, there are currently more than 30 blockchains on the market. There are numerous developers for decentralized applications on the blockchain and many service providers offering blockchain-as-a-service, among other things. In addition, the number of blockchain startups is growing rapidly. The impressive scene in Berlin is often cited. However, NRW is catching up, which is not least evident from the Blockchain Masterclass.

If we look at the big names and the global players, it quickly becomes clear that they are also working on being able to use blockchains without barriers: IBM, SAP, Oracle, Microsoft and Fujitsu are just a few examples.

Textile retailer KiK uses Blockchain with the goal of a seamless representation of environmental and social standards along the entire supply chain. Mercedes Benz is the first manufacturer to use blockchain technology to map CO₂ emissions in its global battery cell supply chain. The world’s largest brewer, Belgium’s Anheuser-Busch InBev, producer of Budweiser among others, is working with blockchain startup BanQu to track products in its supply chain.

In addition, there are many research networks, institutions and projects that are currently working on the use of blockchain technology in practice. Some implementation examples may still be pilots for now, but if we think back to the development of the Internet, it was no different.