Blockchain's decentralized nature, transparency, and security have proven valuable in DeFi, NFTs, and gaming. AAnd this have made some organizations prefer use it.
Perhaps it can also change how we send money, pay with phones, and use some financial services?
Let's discuss and see if blockchain can work for these uses.
The scope of blockchain is much much bigger! Think about any area where the chain of data needs to be preserved, blockchain can be used. So payments is only a very small area that blockchain can transform. The actual possibility is much bigger.
It can be used in medical records, land records, taxation and what not! Some government has already started using blocks and technology to maintain land records and for issuing birth certificate. Do a little Google search and you will get those details.