Blockchain technology has revolutionised the way the world works in the last ten years, primarily in the most visible sector of cryptocurrency. Aside from banking and records, though, there are additional and more widespread uses to which distributed ledger technology (DLT) and smart contracts can be put.

4. Creative Arts

Both musicians and photographers have suffered from the digital era, but developers are beginning to come up with ways in which DLT could help creative artists register and license their rights, and thus get back the royalties they lose by online piracy.

5. Cloud Storage

Blockchain can provide an open source, secure, peer-to-peer cloud storage with Blockchain\'s DLT, which would help prevent loss of data through unscheduled downtime or hacking. Connected users might also be enabled to rent out spare storage space for crowd-sourced income.

6. Internet of Things (IoT)

Soon all life will be connected digitally, but manufacturers presently guard their ownership jealously and won\'t allow cross-platform communication between ecosystems. Decentralisation of the IoT on the Blockchain would cut out these corporate middlemen, and allow devices to communicate directly with each other on a P2P basis.

7. Vehicle Leasing

Smart contracts might also deal with leasing agreements for vehicles, using a blockchain document exchange system to implement a whole new era of \'take and drive away.