Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: him21sri on January 16, 2018, 11:53:43 AM



Title: Future of blockchain
Post by: him21sri on January 16, 2018, 11:53:43 AM
In past months we have seen many third generation blockchain projects come in an effort to solve the problem of scalability with the current blockchain.

What do you guys think which project is solving the current problems in the best way and will probably be the future of blockchain. I am thinking to invest some in this space that is way I am asking for your reviews about the similar existing projects. Currently I am inclined to Cardano(main reason being open source, so lots of great mind will work on this project in future).


Title: Re: Future of blockchain
Post by: niknik1966 on January 16, 2018, 12:58:32 PM
More and more countries are using and developing block chain technology. Keeping of various kinds of information, election system, transactions between banks, etc.


Title: Re: Future of blockchain
Post by: munareal on January 16, 2018, 01:48:09 PM
Blockchain will be adopted by central banks and cryptographically secured currencies will become widely used.Block chain  will do for payments what email did for communication.


Title: Re: Future of blockchain
Post by: isaac80 on January 16, 2018, 02:44:24 PM
I think what we should do is to spread information about blockchain and explain the system in an easier way for people of different professions to understand. Also adjust blockchain to other spheres by this creating new bonds.


Title: Re: Future of blockchain
Post by: Crystacool on January 16, 2018, 02:46:48 PM
Yes, in 2017, the development of blockchain is very fast, and many companies have joined in the development of blockchain. I think this is a good phenomenon and can promote the development of blockchain.


Title: Re: Future of blockchain
Post by: Dextroboy on January 16, 2018, 02:59:46 PM
even now a lot of banks use blokchain technology
there are some examples of it in my country already wear it


Title: Re: Future of blockchain
Post by: sergio red on January 16, 2018, 03:25:53 PM
future of blockchain is bright in my opinion. there are some reasons.
blockchain have the potential to reduce cyber risks by offering identity authentication through a visible ledger.
Car rental agencies could use smart contracts that automatically allow rentals when payment's received and insurance information is confirmed through a blockchain record.
Small businesses could use blockchain to create trusted trading platforms among themselves.
the future of finance in many nations could be dominated by bitcoin and cryptocurrencies.
blockchain technology will make the world even smaller as it increases the speed and efficiency of transactional activity.


Title: Re: Future of blockchain
Post by: Dmitry_K on January 16, 2018, 04:46:37 PM
Today we can definitely say that the technology is waiting for a good future, in many different spheres they are introducing blockchain and it's fine!


Title: Re: Future of blockchain
Post by: maeusi on January 16, 2018, 04:58:40 PM
Blockchain will revolutuionize the whole financial sector and will also be used by several sectors where integrity of data is needed. Good example is the coup of Kodak, who integrated blockchain for photographers and buyers. Every picture, ownerships and contracts are part of blockchain without need of third party. Also health sector and insurances and all kinds of accountings will profit from blockchain. Every individual will be able to profit from blockchain also.


Title: Re: Future of blockchain
Post by: mkmittalg on January 16, 2018, 05:09:13 PM
Blockchain will be adopted by central banks and cryptographically secured currencies will become widely used.Block chain  will do for payments what email did for communication.Block chain future is very nice.


Title: Re: Future of blockchain
Post by: slaman29 on January 16, 2018, 05:19:15 PM
In past months we have seen many third generation blockchain projects come in an effort to solve the problem of scalability with the current blockchain.

What do you guys think which project is solving the current problems in the best way and will probably be the future of blockchain. I am thinking to invest some in this space that is way I am asking for your reviews about the similar existing projects. Currently I am inclined to Cardano(main reason being open source, so lots of great mind will work on this project in future).

You'd be surprised to learn that a LOT of these so-called third generation blockchain coins have actually been around for years, many of them unknown to the majority of us. I myself only recently learnt about Aidos Kuneen, and only because of a gambling website that started accepting it! Had no idea DAG coins were 3rd generation, I did wonder where did 2nd generation go, and is it so soon to have 3 generations in less than ten years? Or in fact even less since DAG has been around for even three years.

So hard to say the future. All I can generally see is a small handful of projects SOLVING existing problems. The rest say there are problems but I don't see how they can solve it.

And er, open source? That's most crypto on Github...


Title: Re: Future of blockchain
Post by: santiPOGI on January 16, 2018, 05:21:39 PM
blockchain will be smoother in the future, securities, transfer and all date code will be better than now.
crypto community is upgrading every time and we can expect that all that FIAT can and control all over the world will crypto have too,
all business and establishments will have available for cryptocurrencies. this is possible because BLOCKCHAIN IS BETTER THAN EVER!