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Bitcoin => Bitcoin Discussion => Topic started by: Ahsadahmed on March 20, 2018, 07:00:11 PM



Title: Which sector would benefit from the blockchain technology the most?
Post by: Ahsadahmed on March 20, 2018, 07:00:11 PM
Finance or supply chain   ?


Title: Re: Which sector would benefit from the blockchain technology the most?
Post by: simple999 on March 20, 2018, 07:02:58 PM
Finance or supply chain   ?

finance, and their contribution to this technology, the supply chain, in principle, also plays no small role in this process


Title: Re: Which sector would benefit from the blockchain technology the most?
Post by: gentlemand on March 20, 2018, 07:03:14 PM
I keep an eye on a few forums where project proposals are made in return for funding. So far all the most compelling ones are supply chain and very few are finance.

I'm not so sure your average finance professional would welcome the level of transparency that blockchains can offer, supply chains actively want it.

But at this stage of the game I'm not sure anyone knows who will benefit. There's a vast amount of noise and still almost no utility. The real ground breaker may come out of on area barely considered yet.


Title: Re: Which sector would benefit from the blockchain technology the most?
Post by: waqarkahloon on March 20, 2018, 07:07:58 PM
Currently we see usage of bloackchain in finance much but when people will realise its usage in industry as supply chain then it will be main backbone and we will see much potential in term of jobs creation and benefits of it.  Right now it is much undervalued and less used because of small exposure to industry and it's benefit


Title: Re: Which sector would benefit from the blockchain technology the most?
Post by: VIC-btcforum on March 20, 2018, 07:12:38 PM
finance


Title: Re: Which sector would benefit from the blockchain technology the most?
Post by: wxa7115 on March 20, 2018, 07:45:31 PM
It is difficult to know, there are many potential applications for the blockchain but not a single one has materialized yet, the two the op proposes are some of the most common proposals by people that think the blockchain can change their business models, but still even after so many years this is still all theory and no substance yet.