What do file storage, supply chain tracking, and online dating have in common? They’ve all been significantly upgraded using blockchain technology. Centralized systems face the challenge of using real-time, transparent, and immutable information to create a fraud-proof environment for all types of content and transactions.
We introduce three major disruptors to their respective industries: Filecoin (FIL), Nodle (NODL), and Vechain (VET). Let’s take a closer look at how each of these plays a unique role in rebuilding an outdated, centralized infrastructure that, frankly, has been exposed to the light of day.
Filecoin (FIL): Decentralizing cloud storage with IPFS
Filecoin emerges as a harbinger of change in the cloud storage space, disrupting the centralized infrastructure of traditional cloud models by integrating with the InterPlanetary File System (IPFS). Traditional cloud storage relies on centralized servers, making it vulnerable to data breaches and single points of failure. Filecoin encourages users to share their unused storage space, creating a decentralized and resilient storage ecosystem.
Miners on the Filecoin network verify and store files and earn FIL tokens as a reward. This distributed approach enhances the security and reliability of data storage and provides a cost-effective alternative to traditional cloud services. Filecoin’s disruption coincides with broader trends in decentralized finance (DeFi) and a paradigm shift towards a more democratized internet.
Nodle (NODL) and Click Camera App: Make your photos more reliable
In the realm of visual content authenticity, the NODL token plays a central role in the newly announced Click Camera app. The Click app, which runs on the Nodle blockchain network, addresses society’s growing concerns about fake news and manipulated images.
Nodle has built a decentralized wireless network for Internet of Things (IoT) devices. The network allows wireless devices to communicate and share data in a decentralized manner, leveraging smartphones’ existing infrastructure to create a mesh network of digital trust, without the need for traditional centralized network providers. You can connect his IoT devices. This allows the Nodle network to serve as the backbone for authenticating photos captured through the Click app, leveraging an immutable ledger on the blockchain for timestamps and geo- and cryptographic verification.
This kind of verifiable credibility has important implications for industries that rely on verified visual content, from journalism to insurance to social media to online dating. By providing a secure and transparent solution, Click cameras protect the integrity of visual data and leapfrog the fight against misinformation and fraud.
Vechain (VET): A revolution in supply chain management
Vechain, represented by the VET token, is a disruptor in the supply chain management space. Traditionally, supply chain processes have involved complex, centralized systems that are prone to inefficiencies and lack of transparency. Vechain addresses these challenges by leveraging blockchain technology to create a decentralized platform for supply chain management.
VET tokens play a pivotal role in the Vechain ecosystem, facilitating transactions and interactions on the platform. Vechain leverages blockchain to ensure transparency and traceability across the supply chain, reduce fraud, improve efficiency, and strengthen trust among stakeholders. This disruptive approach has garnered attention across industries from logistics to food safety, positioning Vechain as a transformative force in supply chain management.
Filecoin, Nodle, and Vechain exemplify the transformative potential of blockchain and its tokens to disrupt centralized infrastructure. Filecoin revolutionizes cloud storage, Nodle and Click apps provide photo authenticity verification, and Vechain reimagines supply chain management. As these blockchain disruptors continue to evolve, they contribute to a decentralized, transparent, and efficient future across various industries. At first glance, they are just getting started.
Monika Proffitt is a member of the Grit Daily Leadership Network, an internationally recognized speaker, advisor, serial entrepreneur, and author of the book Blockchain 101. She is the host of the podcast The Proffitt Show and has appeared in Inc. Magazine, Forbes, Nikkei, Vogue, Venture Beat, Hacker Noon, Grit Daily, and more. She teaches blockchain at the City University of New York and has lectured on the subject throughout the United States and Europe, including at MIT, Princeton University, and the University of Notre Dame. She lives in New York City.