Smart Contracts vs. Application-Specific Blockchains
Besides the addition and subtraction of numbers on a distributed ledger (i.e. cryptocurrencies), blockchains hold the power to provide most — if not all — of the services that centralized computing can provide. Thus, as the community of builders continues to grow, we have seen the very beginning of not only decentralized money, but also decentralized file storage, computing services, financial services, real-life asset ownership records, supply-chain management, personal identity, energy distribution, health records, governance, and more.
