The article discusses how blockchain technology is being used beyond cryptocurrencies and highlights four key areas where blockchain is making a significant change in the global economy.
The first area is decentralized betting markets, where blockchain-built betting protocols introduce decentralized platforms that are governed by the community instead of a third party, paving the way for a fair and trustless betting market.
The second area is IP-Patented Digital Assets, where non-fungible tokens (NFTs) have become a reliable tool in the creation of IP-patented digital assets.
The third area is tokenized securities, where blockchain is enabling people across the world to buy tokenized securities such as stocks that reside on-chain.
The fourth area is non-custodial storage, where blockchain technology is introducing non-custodial wallets that give users full control over their funds, free from government intervention.
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