I’m trying to figure out the REAL value of blockchain. For example creating social network on BC is totally useless, BC for cryptocurrency is the REAL value
Can someone explain what’s the real value, why would I build something on BC except for “decentralization”. If I can build something with other technology why would I use BC.
What is it that I can do ONLY with BC and cannot be created with any other tech?
Please help me see the value in BC because I still don’t see it
I am not sure that what I'll say is unique to blockchain (check out DAG which is also used to make cryptos, for instance), but it is what it's famous for. Blockchain makes it impossible to fake data and to change the data which previously entered the database. A good use-case is provably fair gambling where one can check any bet and make sure it was truly random (that the system did not tamper with the data). The verification procedure also seems useful for ticketing and voting, but then again there are easier ways to organize that with a fairly high degree of precision. The best use-case of Blockchain is IMO cryptocurrencies because it's extremely important that the money is impossible to fake, and blockchain offers that.