Latest and Potential New Items in Blockchain Industry

Nowadays, it is impossible to deny blockchain’s rockstar performance, as it is clear that cryptocurrencies and blockchain-based platforms will certainly play a key role in the future of many businesses, which has led thousands of people to buy bitcoin.

Accordingly, the year 2020 showed an increased acceptance of cryptocurrencies amongst traditional financial entities (e.g., PayPal’s addition of digital assets), as well as an increase in stablecoin usage, as demonstrated by Visa’s adoption of USDC.

In this article, you will discover some of the hottest projects in the blockchain industry in terms of innovation and value offer, which could end up boosting cryptocurrency prices all over the market.

Propy – Real Estate Transactions Powered by Blockchain Technology

Despite the COVID-19 crisis affecting the United States economy, more than 800,000 newly-built homes were sold in 2020, while other 5.64 existing homes were sold at the same period, as provided by US Census Bureau

As it is plain to see, the real estate market in America is solid, and Propy is one of the companies that believe in superior buyer’s experience and streamlined processes. The company simplifies transactions using blockchain-based solutions.

This way, customers can receive, counter reject, or accept offers instantly, while automatically sharing information with sellers or managing distinct offers for all existing listings within a single dashboard.

Propy allows customers to manage all their transactions within a streamlined system, exchanging information between buyers, sellers, escrow, and title companies. The platform relies on smart contract technology to permit users to audit transactions and manage documents.

Pixura – Seamless Experience for NFT Issuance

Following the NFT-trend, Pixura is a platform for people who want to create, track and exchange NFTs. Focused on user-experienced, Pixura’s interface allows non-technical users to create a marketplace in minutes.

Also, developers can use the platform’s APIs and custom integrations to innovate by themselves, working on top of Open Zepellin’s ERC-721 smart contracts.

With Pixura, any non-technical user can launch a crypto-collectible marketplace in no time, with no coding savvy at all. The platform has unique tokenization tools to permit users to customize their marketplaces in terms of apparency and experience.

Plus, users can track their tokens across different platforms and marketplaces while gathering insights provided by fans and collectors.

Patientory – Health Always in First Place 

Powered by blockchain technology, Patientory is a unique tool that centralizes all your medical information within a single place, making it easier to manage, share and track your healthcare.

This way, patients, doctors, and healthcare entities can securely access and transfer personal health information while providing valuable insights to improve health and quality of life.

Relying on blockchain technology via the PTOYMatrix, Patientory uses end-to-end encryption to process the high-volume demands of customers while preventing any patient’s sensitive health information from hackers.

Customers can instantly access their health information dashboard in real-time, interacting with others within the community and connecting with a care team whenever it is needed.

For further interoperability and cybersecurity, Patientory issues a native token called PTOY, which functions aligned with a HIPAA compliant blockchain-enabled Health Information Exchange and Storage System.

The PTOY token allows for health data auditability and access to the PTOYMatrix, ensuring access to healthcare information is always safe and encrypted.

Celer Network – Innovative Solution for Layer 2 Scaling

Celer Network is a blockchain-based platform built as an advanced layer-2 scaling tool. The project’s goal is to bring rapid, safe, and inexpensive blockchain solutions built on Ethereum, Polkadot, and other blockchains.

In this context, Celer offers several applications (e.g., cBridge, layer2finance, etc.) for users who want to have access to an interoperable space that reunites decentralized finance (DeFi), gaming, and many other use cases.

Layer2finance is Celer’s built-in solution to permit users to access all existing DeFi protocols without exposing themselves to expensive fees, tackling two issues at the same time – the extremely high transaction fees and the complexity associated with DeFi navigation and low usability.

On the other hand, there is cBridge, which is a multi-chain network that enables fast, inexpensive, and “any-to-any” value transfers within and across Ethereum’s layer-2 chains, Ethereum main chain.

Also, Celer is powered by an open-sourced platform with a full set of SDKs designed for developers. This way, they can build low-cost and efficient blockchain applications for many segments, including gaming, cross-chain interaction, DeFi, and micropayment solutions.

Final Thoughts

Although the use of blockchain technology is still heavily associated with cryptocurrencies, blockchain applications have the power to impact several other segments (e.g., real estate, healthcare, programming, etc.).

Over time, many conventional financial institutions (e.g., JP Morgan, Visa, PayPal, Goldman Sachs, etc.) are interacting and adopting this new technology at a slow pace, especially when it comes to gaining more security and processing power.

Also, another advantage brought by blockchain technology is cost reduction. Transactions processed on the blockchain do not need intermediaries for approval and operation, which guarantees a significant reduction in expenses.