Bitcoin has come along way, and so have the altcoin ecosystem. Many altcoins have fallen to be a fraction of their worth, to some being powerhouses of the cyrptocurrency world. New technologies and patents alongside big companies such as IBM, Deloitte, Walmart, NewEgg, and many more have joined ranks with new startsups to form some unique alliances. Tokenized tracking systems for food storage to transcontinental shipping monitoring, the new wave of fresh ideas flooding the investor space is something not seen since the dotcom boom.
Think outside the blockchain with Mesh Networks
Some companies have decided it’s more fun to unite the many altcoins, and have been working towards such a goal. Such as these alternatives to conventional internet providers, internet via any mobile device and one where you get paid to share your connection:
- Blockmesh – a device to device mesh network on the blockchain to establish a communications network where otherwise would be difficult, operating via bluetooh and wifi.
- Rightmesh – a device to device mesh network on the blockchain to establish a communications network where otherwise would be difficult, operating via bluetooh and wifi.
- Smartmesh – An participation based earning ad-hoc mesh network on the blockchain, established via radio signals on mobile devices.
Yet not many have been seen trying to create a sustainable cryptocurrency future, instead of a dominance, and if you think about the way technology evolves, it’s safe to think there will be a need for multiple blockchains all doing different things, needing inter connectivity and a baseline to communicate / transact with.
A Future With More Choices and Less Restriction
By allowing more companies the ability to track and monitor costs, they’ll be forced to pass that down to the consumers or face the competition of startups, doing exactly that, at a bigger profit than themselves. By monitoring costs, companies can more efficiently carry out daily operations, while reducing the amount of overhead needed, where otherwise little bits here and there aren’t tracked and add up in the end.
The blockchain will also allow media companies the ability to provide just what the consumer wants or give their business to the competitor. The ability to track and mesh the micro-transactions of royalties, ads, data purchases will make consumer marketing that much easier, passing the savings and new features to the consumer, with less strings and more on demand service.
Altogether the blockchain can allow for movie and tv networks to directly sell shows to the consumer, much like they’re doing now, but on a much more broader basis and without much effort by the consumer, the key to sales in general, don’t be a burden to your consumers or face bankruptcy.