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Elon Musk Wants Crypto’s Best Ideas. Ethereum’s Vitalik Buterin Delivers 13

Ben Brown
Elon Musk and Vitalik Buterin are having a conversation about Ethereum on Twitter. | Source: Reuters/Flickr/Shutterstock; Edited by CCN
Elon Musk and Vitalik Buterin are having a conversation about Ethereum on Twitter. | Source: Reuters/Flickr/Shutterstock; Edited by CCN

By CCN.com: Elon Musk is getting deeper and deeper down the cryptocurrency habit hole. After yesterday’s mysterious tweet which read simply “Ethereum,” the Tesla chief then asked Ethereum founder Vitalik Buterin for suggestions on what to develop on the blockchain platform.

Buterin responded with a list of 13 real-world use cases for cryptocurrency and blockchain technology. The list included everything from payments to insurance to new governance systems. Here’s Vitalik Buterin’s list in full.

1. A globally accessible financial system

Buterin highlights cryptocurrencies most obvious use case – financial infrastructure. The Ethereum founder suggested payments, a store of value, and insurance. Insurance might chime with the Tesla CEO who recently announced a new Tesla insurance program.

2. “Sign in with Ethereum” options

Buterin told Musk that Ethereum could be used to replace the ubiquitous “sign in with Facebook” option. He said it should be replaced with a “sign in with Ethereum” button to completely bypass intermediate companies.

3. Secure and transparent registries

Aside from financial applications, Ethereum can also be used to record data securely and with better transparency.

Read the full story on CCN.com.