Investing. Finance. Stock Market. Trading. Economy. Technology. Business. Crypto.
Crypto Smart Contracts.
Some examples and potential for Smart Contracts.
How are Smart Contracts changing the story in Crypto and BlockChain. Crypto BlockChain records a Series of Transactions: Smart Contracts are alert triggers. How Rules can be applied to ledger lists.
Personal.
Every personal errand and task and leisure activity is a list.
Food: It is difficult to keep track of diet plans and meals but a crypto ledger should help. And now see how diet changes affect fitness and body weight. Smart Contract triggers for changes in fitness after good diet changes. dApps to see what food combos are good and what diet works long term.
News: Have a list of important topics or relevant authors to track. And add important articles or just snippets of news to a distributed ledger. Get smart alerts for any changes or news updates. Use an AI assistant to organize your notes in a meaningful way for insight.
Books, Music, TV, Movies: If you have a Ledger of what you watched in the past and what you liked about it. Maybe summaries and comments. So now you can find future productions by the same actor, director, music composer, writer or photographer. And the ledger stays with you rather than a website. Smart Contract triggers for personal picks or price reductions. dApps and AI to help find independent composers or documentary films that are less well known out of the thousands.
Pay Per View. Have a ledger of genres and channels that you like. Whether it is movies or shows or sports events or concerts online or TV series. Trigger alerts for price drops or last minute events. Alerts for any live streaming events on YouTube or elsewhere. AI dApps to find relevant info on your superstars from websites.
Workout: Choose a workout plan or exercise schedule. Keep a full ledger of all your workouts: weight, sets, reps, rest schedules. Conditioning and volume. The ledger stays with you at all times. Also complimentary yoga and aerobics sessions for balance. Over the years this will be more useful whether working our on your own or having a personal trainer. Triggers for missed workouts or over exertions. dApps AI to see if the workout plan is too advanced or not working for you. dApps AI to adjust the workout plan for travel days or stressful days.
Family.
All information about personal stuff should be kept securely.
Education: Use a ledger of all your certificates, degrees, tests, scores and projects. Use dApps to help you with a current course to find material or give you summaries of past courses that are needed. Triggers can be set up for awards for exceptional progress or unique work rather than just good grades and test scores. Triggers for new courses available on a topic or University admission deadlines. dApps AI to find relevant info on the course from the internet or books.
Health: Have a personal ledger of health records, tests, diagnosis and medications. Personal file. Along with your favorite doctors or therapists or herbal healers. Check for warning signs for cholesterol, pressure, sugar, or salt using any kinds of urine, blood or hair tests. Triggers and alerts for any personal warning signs or local health alarms. dApps AI to find relevant diet and exercise plans for any alarming signs.
Auto Maintenance: Have a nice list of vehicles and upgrades. Ledger records of maintenance along with miles and fueling records. Journeys and trips. Smart Contract triggers for maintenance or routine checks. Triggers for any alarming instrument readings or smart sensors. dApps AI to find tips and tricks for better maintenance.
Wills. Keep a Ledger of legal contracts and wills and business dealings. Lists of parties to deal with and lists of items. Now this ledger can also store the records of transactions. Including real Estate ownership and titles. Triggers for legal clauses and exceptions. Triggers for counter party transactions.
Energy. Use Smart Contracts to reduce usage at peak hours. Increase appliance use during low rate hours. Store generated solar and wind power in batteries. Release it during peak hours for maximum billing. This is a way to monitor energy use and the current toll rates. Triggers based on high tariff rates and unusual usage.
eCommerce.
Purchasing and sales are all transactions.
Travel: Watch for price drops or new route listings or new hotel promotions. Keep a ledger of all your past stays for frequent use program. Smart Contracts for travel deals and sales. Prizes for frequent stays. Frequent flyer ledger.
Shopping: Keep a Ledger of all items on wish list. This list stays with you and not kept with a merchant. Store the product warranties, extended warranties and service records along with receipts. Alerts for great or negative reviews. Alerts for offers. Alerts for quantity discounts or group shopping discounts or seasonal discounts.
Deals: Store a list of memberships and subscription along with visits and use. Alerts for membership deals on clubs.
Taxes: Review a Ledger of taxes to pay on out of state shopping. A Ledger of tax savings on health expenses or tax savings on charities. Keep daily records for taxes rather than yearly, with daily transactions for earnings, spending and deductions. Smart Contracts for any potential tax conflicts.
Media. If you load photos, videos, music or articles online then it would be easy to count the number of views and payments from users. Smart Contracts to trigger which items are popular. dApps to find what items are popular with which users and times to post.
Work.
All business processing are basically transactions.
Job interviews: Keep a Ledger of job interviews with names of companies, dates, qualifications, requirements and results. Also store the name of hiring manager and interviewers and office location. This record can check for discrepancies and bad hiring. Smart Contracts with Alerts for new positions.
Commute. Have a Ledger of daily rides with routes and location information. With personal reviews and preferences. Maintain a list of timings, to match with other carpool users. dApps to schedule daily carpool rides. Smart Alerts to match with local shuttle buses or local transit.
Stock trading: Use personal records of large stock transactions and holdings. Also store voting records at annual meetings. Personal list rather than web. Alerts and records of dividends, taxes, stock splits and earnings. Alerts for any companies in portfolios and lists.
Insurance contracts: Need a Ledger for multiple insurance contracts for various categories such as: health, home, auto, worker compensation, travel and others. Also have combination rules and exclusions. Triggers for payouts and payments.
Loans: Record a Ledger of loans and credit along with interest rates or adjustable. With records of payments and inflation readings. Also useful for CrowdFunding from multiple anonymous donors. Rate change alerts. Triggers for pending payments.
Supply Chain: Ledgers are great to track movement of goods along supply chain. Easy to find goods in transit or intermediate locations. Similarly a Ledger can be used to track ingredients in food package. Alerts for goods stuck in transit. Quality or recall alerts.
Smart Gadget.
Similar to smart phone. To carry smart records. Other records transactions. Along with identification management and hot wallet.
Investing.
After this big correction, crypto will need a new set of innovations. Not more wallets or currencies or exchanges. But a new set of features and utilities for broader user adoption beyond currency trading and increased speed. Wider acceptance among merchants.
The dominant platforms will consolidate power by adding the next wave of technologies. Similar to how credit cards have exclusive bonus perks. Or club memberships and subscriptions. Partnerships with drone deliveries or AI or autonomous driving or solar wind power generation. Promote new startups.
Summary on Investing.
If Smart Contracts are still in vogue after market downturn then you know where some of these can be used. Stronger crypto currencies may be at a good buy point. Holding at good long term support. Fed Action supports Crypto.
Markets.
Indexes. Still much above support levels. Can potentially drop much more. Bonds. Fed reduction in balance sheet and probably reducing bond balance. Currencies. US Dollar, Swiss are strong. Safety. Everything else has crashed. Oil. After the Biden trip, oil may crash to 80 or below. Oil may be in surplus. Commodities and Agriculture. These bubbles are ready to collapse. Gold. Gold cannot breakout past 10 years. Silver platinum doing worse.
Politics.
If Biden can reduce the price of oil, he can reduce inflation, the Fed can ease tightening and growth can resume. Supply chain issues will resolve. Less leverage for Russian oil. The bubbles will inflate again. And the Democrats have a chance of doing well in the mid term elections.
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Disclaimer: Edu and info only. Not legal, tax, accounting or investment advice.
