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Title: [2015-03-28] venturebeat.com: 4 ways Blockchain technology will change the world Post by: LiteCoinGuy on March 28, 2015, 06:22:30 PM 4 ways Blockchain technology will change the world
While Bitcoin has received the lion’s share of attention since its conception, recently the Blockchain — the distributed public database used to record Bitcoin transactions — has just begun entering the spotlight for enabling some important capabilities outside of Bitcoin. http://venturebeat.com/2015/03/28/4-ways-blockchain-technology-will-change-the-world/ Title: Re: [2015-03-28] venturebeat.com: 4 ways Blockchain technology will change the world Post by: unamis76 on March 28, 2015, 06:51:17 PM This is just the beginning of what services can the blockchain provide for us... The blockchain by itself is as big or bigger than Bitcoin, and the technology will probably prevail longer than the coin :) Nice article
Title: Re: [2015-03-28] venturebeat.com: 4 ways Blockchain technology will change the world Post by: LiteCoinGuy on March 28, 2015, 09:52:23 PM This is just the beginning of what services can the blockchain provide for us... The blockchain by itself is as big or bigger than Bitcoin, and the technology will probably prevail longer than the coin :) Nice article no "coin" (value), no secure blockchain. Title: Re: [2015-03-28] venturebeat.com: 4 ways Blockchain technology will change the world Post by: unamis76 on March 28, 2015, 10:20:51 PM This is just the beginning of what services can the blockchain provide for us... The blockchain by itself is as big or bigger than Bitcoin, and the technology will probably prevail longer than the coin :) Nice article no "coin" (value), no secure blockchain. Exactly, the blockchain needs value. But as I've said, it doesn't exactly need to be a coin. If it's beneficial to the users, the blockchain will always be secured I think :) So yeah, the tech will prevail the coin. Probably other coin will replace it! But we don't know yet :) Title: Re: [2015-03-28] venturebeat.com: 4 ways Blockchain technology will change the world Post by: pitham1 on March 29, 2015, 03:05:52 AM I would like to see some real-world application of electronic voting using blockchain. I guess it will happen really soon; the first test case would encourage a lot more people to try it out.
Title: Re: [2015-03-28] venturebeat.com: 4 ways Blockchain technology will change the world Post by: Kprawn on March 29, 2015, 07:19:02 PM I think the most interesting technology would be the "Smart contracts" ....I might be a bit biased, because I hate lawyers. :(
The elimination of the need for a 3rd party in legal matter like these, would make things easier and cheaper. Most people do not even know of these features built into the protocol. ;D ;D Title: Re: [2015-03-28] venturebeat.com: 4 ways Blockchain technology will change the world Post by: Bizmark13 on April 01, 2015, 06:32:40 AM Using the blockchain to store data has already been attempted by Datacoin and it was pretty much a failure. Storj intends to store entries in a blockchain but will host the actual files off-blockchain. This is a smart move and is probably the only feasible method of getting past the blockchain bloating problem which is what killed DTC. Unfortunately, this means that many of the benefits of the blockchain such as infinite redundancy are also lost.
This is just the beginning of what services can the blockchain provide for us... The blockchain by itself is as big or bigger than Bitcoin, and the technology will probably prevail longer than the coin :) Nice article no "coin" (value), no secure blockchain. By "coin", I'm guessing he meant Bitcoin. Both Storj and Ethereum have their own "coin" currencies independent of Bitcoin. I'm not sure about the other two but there are altcoins that have already implemented some sort of voting feature - e.g. BitShares, Qora, and NXT just to name a few. |