Blockchain technologies help industries innovate

We talk about blockchain every day, we see things have been changed by it in some ways.

Not only entrepreneurs or investors want to make profits but also, in some good ways, many industries and some field, in particular, try to modify and use the mechanism of blockchain — a system that decentralizes authority, reaches consensus and enhance security and transparency.

Here I list some of industries or field that using block-chain tech to innovate. If you want to know those relevant encrypted coins, can go to this website: https://citicoins.com/

No.1 Financial services
Traditional financial system has a low speed in bank settlement and bank clearing services through the central department. And also different countries have different cold coins, so when applying cross-border transaction, the procedure will be complicated and inconvenient both for customers and staffs.

Blockchain can help to solve all those disadvantages. Ripple, a cryptocurrency ranks in top 3, has already succeeded in financial services business, especially for money transfer. Also Bitcoin uses block-chain tech to remove the central transfer part to offer bank settlement and bank clearing service. It hasn't appeared any wrong deal for 8 years. OrbitCoin, a digital asset and a payment system, offer an open source software for users to transact directly without an intermediary like bank, a credit card company or a clearing house.

No.2 Anime

In recent years, many reports on the poor salaries of Japanese animators, and the unfair remuneration has become a constraint on the development of animation industry. For this, Japan's Tokyo Otaku Mode recently decided to use virtual currency to resolve the crisis.
Tokyo(OTAKU COIN) will be applied to the payment function of Animation, comic and video game. It aims to boost the circulation and development and also take responsibility of Product distribution and sales. People gain tokyo currency when they watch, share or comment on the shows. And those currencies will give support to works or creators.

No.3 Communications
One typical example is EncrytoTel, a block-chain tech applied in communications. The team decides to build a firm and full-featured platform, making more contribution to increse the security of communications. It will cover more than 100 countries through direct dialing. Besides, EncrytoTel can be combined with external services via powerful API. The most important part is user will be given a free dial number and unlimited communicate traffics. This Platform will cover all numbers and will not record any information.

No.4 Fire department
Except commercial industries, some government departments also start to use block-chain technologies. For example, the fire department. But this fire department is special because it's volunteer based around world and the large majority of the fire departments in the United States. Some of those fire departments raise their operating expenses through bingo, door-to-door fundraising, "fill the boot" campaigns, and other creative ventures. But many fire departments are unable to raise the necessary funds due to zoning regulations and other roadblocks. Blazecoin(BLZ for short) is a mined and traded digital currency backed by the Blazecoin foundation that supports volunteer fire departments around the world.

For many years, one of our developers worked as a volunteer firefighter out of station 413. This number is meaningful to him as a firefighter and we thought this would be the perfect way to honor fellow firefighters and volunteers who risk their lives on a daily basis to save others.

We ain't sure if blockchain can thoroughly change our lives, but what we can sense at this moment is we are gradually heading to reach the consensus of just, democracy, security and transparency.