If more and more companies start accepting bitcoins and altcoins as payments, which sector do you think will benefit the most from it? The first thing that came to mind is supermarkets, simply because it is the one that most people frequent to. The other thing I could think of is the automotive industry as well as real estate. But what do you think?
Definitely insurance and real estate business. I do not know what the real estate governmental part is called but the place that keeps the records of which part of the land and which flat and what not owns by who could really be imported into blockchain systems and you can keep a record of who owns what real estate and so forth via that system very easily.
Just give the ownership to someone on that system and if you want just change it on the chain itself. Would make a worlds difference for them. For insurance as well, you can make insurance claims and so forth via blockchain systems.
As long as insurance is kept on the blockchain there is no gray area, all records are there, what you have used and what you haven't used and all things in between will be kept there. It would be definitely amazing for these both business models, already been tried to do so far and it looks promising.