13 Blockchain Non-Financial Use Cases and Business Opportunities

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5. Reputation verification and ranking

Blockchain technology can be used to assess the reputation and ranking of both individuals and organizations. This would permit the creation of a reward system based on reputation, something that some platforms already offer. Ironically or not, this system would fit well with China’s new Big Brother plans where everyone’s actions would be taken into consideration to grant them a trust index, from individuals to companies, which, in the end, could even affect people’s chances of getting a loan, for instance.

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