3. Use Cases

Blockchain has a large number of use cases. Let's take a look at some examples:

• Remittance: Blockchain simplifies the process of transferring money to a distant location by eliminating unnecessary intermediaries and reducing transaction fees.
• Digital art: NFTs help artists prove the authenticity of their digital works.
• Real estate: Blockchain can be used to facilitate the sale of real estate properties.
• Finance: DeFi protocols enable for the first time to borrow or lend money on a large scale between unknown participants and without the need for a central authority.
• Gaming