Can blockchains replace retail giants like Amazon and eBay?

Blockchain tech is causing a massive rethink in how the internet can be used across all sorts of applications – from social networking, to financial transactions, to establishing binding contracts, and more.

I have written before how blockchain technologies are disrupting industries from finance, to entertainment, and even in ending global poverty – all through startups that have leveraged on smart contracts in rebuilding industries from scratch.

For example, Smart City initiatives like those in Singapore include proptech upstarts that let users sell real properties through the blockchain – all complete with the contract, cryptocurrency payment, and transfer of title. It’s a matter of time until these smart contracts are accepted as the real-world equivalent of an actual paper-based land title.