By now, we all know the most known use of blockchain technology:cryptocurrency.
Of course, this isnt all there is though.
In fact, the majority of news in this space often appears hyped or pointless.
From an outsiders perspective, it appears as though companies put things on the blockchain simply because they can.
This led to things likeblockchainified salmonand baby milk formula that, you guessed it,was on the blockchain.
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When TNW asked what surprising potential use of blockchain Layer saw, he was quick to focus on fashion.
This changes the clothes in your closet from a liability into an asset, he told me.
From the above example, we can see how blockchain technology will impact physical products.
But what about other interesting uses of blockchain technology?
Effectively, we need to register and login to every single platform individually.
Alongside this, whats keeping Web3 from mainstream adoption is the identity layer.
It has the potential to put people back in the online driving seat.
Did you know Patrick Layer and Fabian Vogelsteller are speaking at theTNW Conferencethis summer?
Check out the full list of speakershere.
