I'd like to have some examples for our everyday life, but I think that we may see it more clearly in the future, ideas will come and they will bring more new ideas (you may call them inovations)
There are some classical examples:
- An airline company that sells tickets online through a smart contract. The client will be refunded by x% if the flight departs or arrives at destination with more than n hours delay.
- A farmer buys an insurance to cover him from bad weather. If the minimum temperature from dayStart to dayEnd will be more than n day below zero degrees C the farmer will cash a certain amount.
As you can see the above examples relies on Oracles in charge to update the "Virtual world" with data coming from the "Real world". And that's another great subject to debate.