Using the blockchain, an independent player may offer AirBnB hosts or Uber drivers a way out of the small fees they pay for using these platforms. Airbnb, Uber, Upwork, could go down the blockchain route themselves. The contract between employer and contractor is treated as part of the blockchain, and it stays there permanently as part of the record. If a dispute arises, they can go back to the record for verification.
2. Flight Bookings
A blockchain-based app that allows you to transact with the airline directly instead of going through an intermediary, there is no need to pay transaction fees. The ticketing process is treated as part of the blockchain. As payment is with Bitcoin, the ticket is treated as a unique link in the blockchain, which may also serve as a permanent record of all transactions between the airline and its customers.
Instead of going through Gmail or some other email provider, messages can be recorded into the blockchain. A small fee might be required per email, but since the blockchain makes email safer and spam-free, consumers should be more than willing to pay up. Spam mail will be a thing in the past, since spammers wouldn’t want to spend money for sending us their nonsense anymore.
4. ONLINE ADvertisments
The blockchain could be Google’s worst enemy, at least when it comes to online ads saved into, then served from a blockchain. Website owners and people who click on an ad served from the blockchain would get their money directly, with no intermediary (Google) between them. A search engine that comes up with a blockchain app built specifically for this purpose could spell trouble for Google, unless the latter beats them to it.
5. Digital Downloads & Music
Ebooks and songs can be encoded into the blockchain; albums likewise. Consumers will then reach out to authors and musicians, send money via the blockchain, then get keys for unlocking their ebooks and music. There will be no need for online bookstores and marketplaces; Amazon and similar marketplaces might cease to exist. What’s even better is that authors and musicians get all the sales proceeds from their work, instead of the measly royalties they will be earning otherwise.