The fundamental value proposition for blockchains.
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The Scope
This database features numerous unique use cases across many verticals, including sustainability, humanitarian work, education, and others listed below. This includes applications on any network, anywhere in the world.
Education
Healthcare
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Media & Entertainment
Governance
Finance
Social impact & Sustainability
Security & Risk management
Information technology
Business & Marketing
Education
Healthcare
Media & Entertainment
Governance
Finance
Social impact & Sustainability
Security & Risk management
Information technology
Business & Marketing
Education
Healthcare
Media & Entertainment
Governance
Finance
Social impact & Sustainability
Security & Risk management
Information technology
Business & Marketing
Applications Spotlight
See some real world use cases of web3 applications
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The First Information Report (”FIR”)
The First Information Report (”FIR”) allows the citizens of Firozabad to register complaints against the police without worry of manipulation or dismissal.
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Starling Lab
Starling Lab, a research center launched by Stanford and USC, used the Filecoin network to preserve and verify digital evidence of Russian war crimes in Ukraine before submitting to the International Criminal Court.
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California DMV
The Department of Motor Vehicles in Oakland, California plans to tokenize 14+ million automobiles registered in the state to increase liquidity in vehicle marketplaces. It would also allow for a quicker issuance and transfer process and more secure ownership as well as promote less fraudulent activity.
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Starbucks Odyssey
Starbucks launched Starbucks Odyssey, an extension of its widely successful rewards program called. Odyssey offers new types of rewards and ways to engage customers through NFTs (like artwork, access to tickets to special events like coffee tastings, among other things). In addition, Starbucks Odyssey also partnered with Feeding America, and the Starbucks community was able to provide 125,000 meals to those facing hunger.
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ScieNFT
ScieNFT allows researchers and scientists to bring transparency and permanence to their publications, data, and other assets they generate in their work.
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Hivemapper
Hivemapper is a community-build global mapping (GPS) network, leveraging its user base to efficiently collect mapping data. Users use dash cams to capture street-level imagery as they drive, incentivized by tokens that reward data collection. Hivemapper turns this crowdsourced data into a world map that's constantly expanding and updating. Since January 2023, 19,000+ Hivemapper users have mapped over 3.9 million unique kilometers.
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Helium
Helium is a community-owned wireless network, powered by over 1 million individual hotspots in 200+ countries. The ecosystem built on top of the Helium network leverages these hotspots for a number of purposes from Helium's Long Range Wireless capabilities to monitor for forest fires to using Helium 5G hotspots to provide internet coverage in rural Montana communities.
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Health Heroes Program
The Bolivarian Republic of Venezuela partnered with Circle, Airtm (a fintech company), and the US government to distribute $18 million USD in US-seized funds from the Maduro dictatorship to front-line medical workers.
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Etherisc
Etherisc is an infrastructure provider for building insurance products. Mercy Corps Ventures (”MCV”) partnered with Etherisc and a number of organizations - ACRE Africa, Mercy Corps AgriFin, Ethereum Foundation, and Chainlink Foundation - to test automation using smart contracts for insurance payouts involving 12,500 smallholder farmers in Kenya. The results showed that 40% of the claims were processed within 24 hours (versus the 14 days through the traditional system) and insurance coverage increased by 27%.
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Circularise
Circularise is a software platform that creates “Digital Product Passports” - similar to “digital twins” - that allow for end-to-end traceability of supply chains. It has formed a number of major partnerships, including with automobile companies (e.g., Porsche and Mitsubishi), plastics companies (e.g., DOMO and Covestro), chemicals companies (e.g., Borealis) as well as Marubeni Corporation (a Japanese trading and investment conglomerate), Neste (Finnish oil refiner), and the City of Amsterdam.
Read moreCase Studies and Stories
Listen to companies and developers talk about what they’re building and why they’re doing it. Many thanks to the Celo Foundation for contributing to these video testimonials.
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The Purpose
Blockchains have spurred a positive paradigm shift in the way society is able to both transact and interact on the Internet — more efficiently, with verifiable information, with certainty and with greater inclusivity.
The Value Prop showcases the diverse and unique blockchain-based Internet applications that span verticals from social impact to education to security, among many others, all of which have been positively impacting people all over the world in different ways.
The Value Prop includes use cases and applications built on any blockchain network, reaching any part of the world, in numerous verticals. The Value Prop demonstrates the fundamental value – and utility – for blockchain (and crypto!), which will only grow over time.
We are immensely grateful to all of those who have submitted use cases and applications, and equally as appreciative for those who contributed time, ideas and efforts to bring The Value Prop to life!
Definitions
Vertical
“Vertical” refers to a sector of the economy as we know it today – an area with the same or similar business activities, products or services – but with more flexibility to adapt to the range of use cases with blockchain technology that may not fit neatly into one specific category or another. You can also think of it as a way to thematically group various use cases.
Use Case
“Use case” refers to a specific, real world utility for a blockchain-based tool, product, or service that meets an objective or helps to solve or overcome a problem.
Application
“Application” refers to a web-based program based upon, incorporating or otherwise leveraging blockchain technology that allows individuals or entities to engage in functions, transactions or communications, typically through a web browser.
Process & Methodology
To ensure The Value Prop highlights accurate information about the significant number of use cases that have grown over the past decade and a half since the launch of the Bitcoin network, we engaged in a rigorous process to collect use cases (and projects under each) and applied a strict methodology in including use cases in this database.
Process
We reviewed publicly available information including but not limited to forums, websites, press and publications and academic / professional research on various use cases for Internet applications that leverage blockchain networks and/or crypto-assets.
We engaged with various individuals who have specialized knowledge of the various types of applications being built using blockchains or crypto-assets (e.g., investors at venture capital funds, academics, regulators, and others who have created certain types of databases of various blockchain-based applications) to canvas for additional use cases.
We launched Community Policy Initiative No. 1 to engage with the broader web3 community to crowdsource the community’s knowledge of novel, innovative applications that highlight the fundamental utility of this new era of the Internet.
Methodology
The following methodology was applied to the use cases / projects included in The Value Prop:
1. Public information (e.g., name of application, category, description, development company, network used, link to site, and contact information) exists about the application that can be independently verified as accurate
2. Operational or near-operational Internet applications associated with the use case (i.e., generic ideas or trends for uses of blockchain technology are not included)
3. Existence of (a) users – current or past – for the application and/or public or identified metrics about the use, and (b) valid and working website providing information about the application.
4. Leverages or are built upon a blockchain network and/or include cryptoassets as part of the application.
About Us
The Policy Team at Polygon Labs is committed to advocating for sound laws and regulations to preserve the integrity of blockchain technology globally. Our approach is informed by our four Core Policy Principles.
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