I Found 5 Ideas For Blockchain Startup.

Insights that worth $$$. This should be illegal.

2 min readAug 28, 2023

Blockchain is the talk of the town. But behind this term lies the power and versatility that can revolutionize any business.

P2P Lending Platform.
Leverage blockchain for transparent and secure lending transactions.
Example: LendingClub, blockchain-based P2P lending.
Outcome: Platforms can earn between 1%-5% of the transaction amount.
Supply Chain Management System.
Implement blockchain for real-time tracking and management of supplies.
Example: IBM Food Trust, ensuring transparency in the food supply chain.
Outcome: ~20% reduction in operational costs.
Trading Platform — Marketplace.
Establish a platform for buying and selling art and collectibles using NFTs.
Example: OpenSea, an NFT trading platform.
Outcome: Sales fees can reach up to 2.5% of the total transaction value.
Identity Verification System.
Design a system for secure user identification and verification.
Example: Civic, blockchain-based secure identity verification.
Outcome: 10%-30% on data processing costs.
Educational Platform.
Create a platform to offer educational materials with guaranteed authenticity and quality.
Example: BitDegree, a blockchain-based educational platform.
Outcome: ~$10 million annually from course fees and certifications.

However, there are challenges that might occur:

Implementation Complexity: Not every IT professional is equipped to work with blockchain.
Scaling Costs: Starting might be easy, but scaling can be costly.

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