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Not all alt-coins are scams (I hope)

What is this post about?

Bitcoin brought to light the power of cryptocurrency and blockchain technology. I wanted to share some other projects to show the world that blockchain technology is a viable solution to real world problems. I had a look into some of the projects that are disrupting industries like advertising, communication, energy, finance, gambling, video games, privacy, and social media - here’s what I found:

Advertising

Personal data is gathered and sold to third parties, but the money never makes it to the user whose data has generated the value for the company using it.

Communication

Edward Snowden (among others) revealed the extent of surveillance technology collecting civilian communication data and expressed the need for a safe, secure and surveillance free method for individuals and businesses to communicate over the internet.

Privacy

With the shift away from physical cash and the move towards online payments, user privacy is at risk. Digitalization often means more surveillance, privacy is more important than ever.

Energy

Energy markets are inefficient and act in the interest of the middlemen, not the generator or consumer. With the continual transition to cleaner energy, the energy sector is looking to leverage new and existing technologies.

Financial Sector

The financial system is out of date and in serious need of an update. Traditional banking only runs during business hours and cross border payments are exceptionally slow, inefficient and costly. As we continue transitioning to a more digital world, money is making the same change.

Gambling

Gambling usually takes place in a physical or virtual casino, where the house always wins. Blockchain based gambling platforms will provide more transparency on how odds are formed, fees are charged and how payouts are scheduled.

IoT

With the introduction of IoT technology, the amount of data points being collected need to be managed and secured to avoid massive data breaches and leaks. The use of Blockchain technology can increase transparency and virtual incorruptibility.

Video Games

The video game industry is an ever evolving space which often adopted technological advancements before many others. The use of Blockchain is being explored for things such as in-game Microtransactions and digital collectables.

Social

Typical social platforms are run by centralized companies and depending on their jurisdiction, they may not be able to serve certain people. Censorship resistance is critical to allow for freedom of speech.

Looking forward

There are literally thousands of projects out there, these are just some of the projects I've found to be doing interesting things. If I’ve missed something super important, let me know. I might look into blockchain projects next that have the most current active user bases if you guys like these kinds of posts.
submitted by PM_ME_STEVE_HARVEY to CryptoCurrency [link] [comments]

Waterhole IO: mining pool, messaging platform, AIO miner, and marketplace

WATERHOLE IO: https://waterhole.io/
Waterhole IO is an established company with experiences in the cryptocurrency field since 2012 by delving into miners, trading, and now we have grown into a full-blown software development company specializing in blockchain technology. You may have heard of us or traded with us before under our handles BestCoin or atCoin on LocalBitcoins (https://localbitcoins.com/accounts/profile/bestcoin/). There are several key aspects of Waterhole IO as we strive to simplify and incorporate blockchain, mining, and cryptocurrency into our everyday society as listed below.
MINING POOLS
Waterhole IO operates several mining pools for different cryptocurrencies. At this moment, our online pools are BCH, ZEC, ETH, and ETC. In the future we hope to support even more coins as we establish ourselves further.
MOBILE APPLICATION for iOS and Android
Messaging Platform
Multi-coin wallet
Secure Trades
Miner Enhancement
AIO MINING SOFTWARE (https://waterhole.io/software)
MARKETPLACE
FREQUENTLY ASKED QUESTIONS (FAQs) (Updated 02-27-18)
Questions, comments, feedback? You can contact us directly at [email protected] or comment below and we do appreciate your inputs to help improve the quality of our work.
submitted by waterholeIO to gpumining [link] [comments]

Waterhole IO: mining pool, messaging platform, AIO miner, and marketplace

WATERHOLE IO: https://waterhole.io/
Waterhole IO is an established company with experiences in the cryptocurrency field since 2012 by delving into miners, trading, and now we have grown into a full-blown software development company specializing in blockchain technology. You may have heard of us or traded with us before under our handles BestCoin or atCoin on LocalBitcoins (https://localbitcoins.com/accounts/profile/bestcoin/). There are several key aspects of Waterhole IO as we strive to simplify and incorporate blockchain, mining, and cryptocurrency into our everyday society as listed below.
MINING POOLS
Waterhole IO operates several mining pools for different cryptocurrencies. At this moment, our online pools are BCH, ZEC, ETH, and ETC. In the future we hope to support even more coins as we establish ourselves further.
MOBILE APPLICATION for iOS and Android
Messaging Platform
Multi-coin wallet
Secure Trades
Miner Enhancement
AIO MINING SOFTWARE (https://waterhole.io/software)
MARKETPLACE
FREQUENTLY ASKED QUESTIONS (FAQs) (Updated 02-27-18)
Questions, comments, feedback? You can contact us directly at [email protected] or comment below and we do appreciate your inputs to help improve the quality of our work.
submitted by waterholeIO to CryptoCurrencies [link] [comments]

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