I think the focus on data openness is overly simplistic. Blockchains like Ethereum, Solana, and Tezos are attracting a lot of brainpower and capital. This is oc

I think the focus on data openness is overly simplistic. Blockchains like Ethereum, Solana, and Tezos are attracting a lot of brainpower and capital. This is occurring because of price action, for sure, but also because of their ability to allow actors to interact with each other in a way that minimizes the amount of trust required from any single actor in the system. They do this by distributing trust among different actors in the system via an economic game that incentivizes actors to cooperate with the rules defined by the protocol. To put it another way, you're using software, cryptography, and game theory to minimize (not replace) the need for rules and rent-seeking middleman, banks for example. The promise is that this technology will mostly (not completely) replace these middlemen, thereby cutting down on the negative impacts of monopolies, and will democratize the creation and use of financial assets. Some initial use cases: Lending and borrowing. Solend automatically matches borrowers and lenders, allowing lenders to earn interest on any asset on the Solana blockchain. You can currently earn 6% on USD-backed stablecoins, and withdraw at any time. Compare that to your current checking or savings account. Purchasing and creating ETFs. TokenSets allows you to create a financial instrument, called a Set, backed by any tokens you want, in any allocation. The protocol will automatically buy/sell the underlying assets for you. Then, that Set can be traded as well. The possibilities are endless. Distributed wireless infrastructure. Helium Network sells wireless routers, and distributes rewards to routers that provide coverage to the network. Tokens are used to purchase network bandwidth. They have nearly 400K hotspots worldwide. Some more links if you're interested: https://www.preethikasireddy.com/post/what-do-we-mean-by-blockchains-are-trustless https://www.preethikasireddy.com/post/what-do-we-mean-by-blo... https://www.simplilearn.com/tutorials/blockchain-tutorial/what-is-ethereum https://www.simplilearn.com/tutorials/blockchain-tutorial/wh... https://seekingalpha.com/article/4468835-solend-defi-lending-borrowing-on-solana https://seekingalpha.com/article/4468835-solend-defi-lending... https://www.tokensets.com/ https://www.tokensets.com/ https://www.helium.com/ https://www.helium.com/