Farm to Table
Web3 in Plain English
by Coding Raj
1y ago
Web3 Use Cases - Farm to Table The Problem How do you know the food you eat is from a local organic farm? Sure, the label on the bag of organic spinach says it is organic and came from a farm in the same state you live in. But is that label correct? Could the company that put that spinach in that bag be lying? The spinach could have come from an out-of-state farm, and the spinach is not organic. It was grown conventionally like most spinach, but someone along the way decided to just slap an organic label on it and charge the customer twice as much. Ouch! The same goes with maybe the Alaskan ..read more
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Decentralized Blogging
Web3 in Plain English
by Coding Raj
1y ago
Web3 Use Case - Decentralized Blogging The Problem For the 99.99% of the blogs out there, hosting on web 2.0 works. There is no need to have your blogs on a decentralized hosting platform. No one is going to take your blog down. But for the 0.01% of the blogs out there, a hosting provider or even the government will want to take your blog down for public consumption. Why? There are some legitimate reasons. You could be committing a crime with the content on your blog. And they should be taken down, especially if it involves violence. But often, it could be because they don’t like your con ..read more
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Electronic Medical Records
Web3 in Plain English
by Coding Raj
1y ago
Web 3 use cases in Plain English- Electronic Medical Records The problem When a patient visits the doctor, the doctor asks you questions about any health issues, then does an examination, and at the end gives you recommendations that could involve medications, treatments, and lifestyle changes. At the same time, the doctor is making notes on a paper chart, which a nurse or the front desk will later enter into the computer. Sometimes the doctor will enter their notes and assessment directly into the computer. Some doctors don’t even have electronic medical records. They have a paper chart. In ..read more
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Smart Contracts for Family Wills
Web3 in Plain English
by Coding Raj
1y ago
The Problem The father and mother of a family die, leaving two kids, one home, and a mixture of stocks and cash in the bank. The father and mother made a will, but there is a dispute about whether the executioner follows the will. What if the executioner is not following the will, withholding the money in the bank, and preventing the surviving family members from their share of the inheritance? What if the executioner is one of the kids, and they feel that the will is invalid and they are not getting their fair share? That person may improperly change or falsify the will, so it goes in their ..read more
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Smart Contracts to Reward Your Kids
Web3 in Plain English
by Coding Raj
1y ago
The Problem Your son or daughter wants a new e-bike or something rather expensive. As a parent, you don’t want to spoil your kids with costly gifts they may or may not use. But kids persist and will keep begging, persuading you to buy them that gift. So you make a deal with your kid that if they get straight A’s, you will buy them an e-bike. From the kid’s perspective - you get straight A’s, and your parents still don’t buy you that e-bike. They say the e-bike is too dangerous, which they may have a point, but they did break their word. And the parents will say that we didn’t have a forma ..read more
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Home Improvement Smart Contracts
Web3 in Plain English
by Coding Raj
1y ago
Imagine a smart contract generator that is geared towards home improvement. The contractor goes on a website and creates a smart contract. The smart contract will consist of the following Details of the home improvement The types of tiles used for the bathroom Along with more information on the tiles used Manufacturer Style, size, the color of tiles Where Which room will use the tiles How many tiles How long will the work take What days will they be working Which days will the contractor come on-site to check on the work The cost Payment intervals based on the specific conditions Ban ..read more
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Healthcare Research
Web3 in Plain English
by Coding Raj
1y ago
Web 3 use cases - Healthcare Research The problem The problem with Healthcare Research is that most research involves white people. And more specifically, white males. And non-white races, mainly black and brown races, are nonexistent. Women are more “complicated.” Now Web 3 and the blockchain won’t solve having other races be in RCT, random controlled trials - the gold standard in scientific research. Researchers need to recruit other non-white races for their studies to solve that. Also, RCTs are expensive, and many countries with money tend to be the US and Western Europe. Not every recom ..read more
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Streaming Music and Artist’s Royalties
Web3 in Plain English
by Coding Raj
1y ago
Web3 Use case for Streaming Music: Spotify could work with the Music Rights Holders and artists to create a smart contract, code on the blockchain, that would do the following: The customer listens to an artist’s song using Spotify. As the customer plays the song on their phone, the Spotify app on the phone will communicate with the smart contract on the blockchain. The smart contract will record the number of times the song is streamed on the blockchain. Spotify will pay the Music Rights Holders based on the number of times that song has been played, which is publicly available for everyone ..read more
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