Bitcoin Forum

Blockchain is what is trending right now despite the fact that Government is giving us ash moment but believe me that next more years to come Blockchain will take over everything, industries oil companies and many more, but right now everything seems hard..

Blockchain is actually expanding and governments are one of the largest contributor.
Governments around the world are restricting blockchain use as currency but are researching for other uses.

https://www.coindesk.com/1-billion-blockchain-fund-launches-with-chinese-government-backing/

I think you are right. But I pray let government adopt crypto currency as a method of payment

Why do you give an example of the oil industry? I think in the field of voting, research and international relations (document flow, transportation of goods, etc.) blockchain will be more productive.

I think that in next 3 years blockchain will reveal its full potential in many sector ... it will be a really revolution with the decentralization of many sectors and services.
I'm really excited about that!

I would like to see how the blockchain absorbs all the branches of our world, in order to make it more transparent and fair, because it is with such actions that we can hope for honesty

I agree with you. Some companies implement blockchain in their business. For instance, NagriTech company that produces organic fertilizers is a good example in agriculture sector

the government for the current time has always made it difficult for the presence of blockchain technology to be acceptable, because of the many regulations that govern and complicate the presence of blockchain by many countries, especially in Asia like some time ago like in China, Korea and most other Asian countries that limit technology to developing in his country.

Whatever will be great or receive worldwide acceptance will first be rejected. Cryptocurrency is now being applied in different areas of life. For instance, i know of three good different projects on blockchain that have been integrated into health and life saving process.

Blockchain has practically penetrated into all spheres , many large companies are not just interested in it and already adjust it to their needs and this is only the beginning, the real boom of blockchain is still in the front .

Indeed, virtually everyone has heard the claim that blockchain will take over business and redefine companies and economies. Although we share the enthusiasm for its potential, i'm worried about the hype. It’s not just security issues (such as the 2014 collapse of one bitcoin exchange and the more recent hacks of others) that concern us.

That is true indeed. The governments are rarely having anything against blockchain, since the technology is truly great and denying it is losing potential profits. However, the problem is that blockchain is often separated from its particular implementations in cryptocurrencies. Thus, the govs can love, adopt and develop blockchain projects, but ban cryptocurrencies and ICOs at the same time. Thus, if we want this market to survive, we need to prove that cryptocurrencies have more ups and downs and are rather secure to use.

Not everything, some things are better with a central authority.

Blockchain has already entered many sectors, and in the future there will probably be more sectors touched. In my opinion, gradually the government will also accept blockchain even with the crypto currency, however technology to simplify life activities is needed for the future.

True to say that this is currently hard to implement but it will happen very soon, may be within a couple of year. Already so many big companies have started to implement this technology in their operation. I believe the ratio will rise up more rapidly in coming days.

and healthcare, blockchain might take over everything in the future but there will be few of current coins in the future most are going to fail. I don't think also blockchain is for every industry.

Well according to my knowledge, the popularity of Blockchain is increasing day by day. It will be implemented in almost all the sectors and soon it will take over every sector and business.

Blockchain is a great technology that enables millions of data to be stored and can not be hacked or manipulated. This technology solve a big problem of online digital system as it was very prone to hacking. Now this solution can be applied in banking or commercial purposes. Many record keeping agencies, supply chain and quality control industries  have already implemented this technology to their system.

I don't think so, it's a technology which helps solve the problem of transparency and peer-to-peer, and i think it'll support in such industries like payment and data storage. Further applications are really unclear.

Yes , exactly even I feel the same . The blockchain will definitely take over everything in the near future.

Sure he will. This is the age of information technology. And the blockchain system provides the most reliable and fastest way to transfer information.

Undoubtedly blockchain is getting popular day by day by most of the companies. I think it is being possible for its automation and transparency. Since this is quite new technology, it is taking a bit time to get introduced. But its features announces that within a very short time giant companies are going to adopt the technology with their operation.

I think the blockchain will be very useful in the state apparatus. Blockchain is able to solve the problem of corruption and make the financing of industries more transparent. For business, blockchain is also a useful technology. But we will have to wait for some time for the blockchain to come into people's lives.

Many companies are seeing the positivity of blockchain technology. It is a breakthrough not only for peer to peer transactions but its use is beyond that. Logistics has seen its benefits in tracking down stocks from different countries in order to minimize hoarding. There are airports that sees the use of this technology. I know many more will look into it and see that blockchain is indeed the future.

Blockchain is a great technology with many uses Like record keeping, data storing etc. It is becoming popular because of its versatility and transparency.

I believe a lot in the blockchain and its development in the future. At this moment in the world is a word whose meaning is known by few people, but in the future I am sure that this technology will enter all the houses and improve the lives of people and many businesses and sectors. It's a big revolution that some governments, banks and "strong powers" do not like, but nobody can stop it

Of course they don't. Because it will force money to spin only in the environment of the consumer. And not one penny will not be able to settle in anyone's hands.

 Talking about crypto payment method.  Well actually nowadays there are some country using crypto as a payment method ,where you can easily pay bills using mobile phone . Such on fast food , restaurant, hotel and etc.  But unfortunately it seems in the future crypto will no longer become a payment method in daily basis, because some of the government gradually banned and declined crypto ,due to some causes , which is probably for me the common reason why market nowadays is suffering because of huge decline .

Note: I'm not spreading anything that can cause panic I'm just sharing my doubts because of the market situation.  .lol

Although government is doing their best thing to stop the growth of blockchain, still they can not hide the fact that this platform is what the world needs as a replacement for the old system that can not already sustain the current need of the world.

At the moment, everything is hard and harsh and not just the government,
But to be honest, everyone would later have to accept the importance of blockchain to the universe, because it makes everything totally easy and convenient
Which is why we need to withstand in this bearish period and hopefully, the green candles will be back

Always DYOR (DO YOUR OWN RESEARCH); It will help alot

it can be said that blockchain is a future solution that can be implemented in various fields, for example, finance, health, education, industry etc. but on the other hand some countries are still not 100% believe it, and still not sure

I'm telling you guys, Blockchain is key to tomorrow's future technologies. Just recently, I read that stanford university has commenced a research facility for blockchain technology in collaboration with Ethereum. Not to add the fact that some major corporations have started integrating the tech into their work processes

Blockchain is a really good system that helps to decentralize things. It also helps to maintain transparency which is very good.

I think hhere’s a possibility that blockchain market can take over everything because they can centralize properly everything in this business and at the same time systematic.

I would akin to examine how the blockchain consumes each the angles of our star, in disposition to pissing it extended diaphanous and exposition, thanks to it is with much promptitudes that we can assumption for honesty

If the blockade enters the business then it will be interesting to watch the battle of the Titans. Blokchein can take everything in his hands. I will observe this carefully.

Yes I believe the blockchain will soon take over everything we do all over the world. The introduction of blockchain to cryptocurrency is already a good example of what the blockchain can bring to the world. The positive that surround the blockchain is more than the disadvantage and I believe it won't be long before it will be adopted in everyday dealings

I agree that cryptocurrencies and blockchain are the future . and that he will come into our lives and be everywhere . no doubt .

Hm i do not think that blockchain will overtake everything that is just not true in my opinion! Blockcchain will be implemented in a lot of businesses but will for sure not overtake them

Let's wait and see.  But I'm sure that blockchain will play a key role in the coming developments.  It will revolutionalize everything just as the internet did.

Agree, Blcok chain will definitely take over every technology in this world as of now and the technology of block chain is not only an advanced one but a safer and secured one where any thing can be done and will be protected inside I think. There are thousands of technology and innovations are booming but nothing can match block chain technology at least for another 10 years due the the potential and capacity of its platform.

I think with the development of blockchain, many financial intermediaries will go into the past. After all, this is the advantage of this technology - the rejection of a third party in transactions and transparency of operations.

I think its possible but its just a theory. People dont let this can happen. But we 'll see , anybody cant know the future.

Blockchain is the most innovative technological advancement of the century. It can be utilized in many aspects such as logistics, administration, healthcare, elections, environment conservation, banking, transactions, etc. I believe that someday, it will be like the internet wherein almost everyone are using right now, but being feared before adoption takes place.

Technology is amazing and brilliant in truth. But in order to defeat all the giants in the global economy, the blockchain needs a lot of time. I guarantee you that.

I think that it is not needed everywhere. Because of the wave of the hype for crypto-currencies, the blockchain is trying to be attributed everywhere wherever possible, but is it necessary? Why do oil companies or timber mills need blockchain? It seems to me that ICOs that run with similar ideas are uniquely a scam.

To reach the global level of the blockchain will have to overcome many difficulties, ranging from human ignorance and ending with state regulation attempts.

Politics will also interfere the success if there's some great chances to this chain, as we knew that big companies will not allow easily any thing to go beyond their control, blockchain can be a great system for the future if the intentions of using it is for greater innovations and not only for the sake of those who will benefits a lot.

I do not know what you mean by "everything" but I have been reading some news/articles about huge international companies/businesses that are studying the use of blockchain technology.

Blockchain is the latest technology, the in thing that is slowly taking very the tech world, its on this technology that  guarantees the  safety of cryptocurrencies. Of late  the technology is venturing outside the crypto cycle and is currently being applied in the banking and medical sectors, its just  matter of time before its application is fully embraced ,it will revolutionize lots of sectors

the blockchain has already beaten everything like a space rocket that is in a contest with a helicopter. its speed can not be over emphasized and there are loads of projects, programs and packages that are warming up to hit the crypto air space int he near future

everything that has to do with technology in the globe now has a particular reference point that points towards the crypto currency in a way. it may not be out fully but must be related. that explains the reason why every thing that is technological and not in the technological space will be taken over by the blockchain technology

Yes, I think so too. This system is too independent and promising so I hope it will change the whole world, crypto is our key to the bright future.

Blockchain is the universal system that could be used everywhere in our life. I hope that those people who don't like it now will understand its benefit and will join too.

Blockchain has a good potential by its performance it self.
Its good also to technology for the future. And I think those people don't like it now will join also.

gradually people will like the blockchain technology I believe we see, blockchain technology will be accepted by the world

true, the question is when? It could take long time. what if it doesn't happen in our lifetimes?

I also believe that Blockchain is a huge breakthrough in the future, despite the fact that the governments of many countries do not recognize it, but they will have to admit it, because Blockchain is the future.

With the continuous development of blockchain technology, he will infiltrate all walks of life and will bring great changes to our lives and work. I dare not say that the blockchain will take over everything, but it is certain that many companies will be in the near future. Implementing blockchains in its business

Yes, although the current market is scary, I believe blockchain technology and believe that this industry can develop better, so I still hold my cryptocurrency, I believe this industry will have better in the future. Development, I will get wealth here.

yes, every sector of the world's economy.  what i know is that the blockchain  is a welcome technology that will transform the world's economy in the future. the characteristics of the blockchain which include among others, transparency and immutability is gradually attracting a lot of people , governments and industries to the cyptoworld.

Blockchain will not take everything, but many industries like lawyers, accounters, notorious etc will not likely exist in 10 years. Only people who are qualified to write the smart-contract and few professionals will be needed who can check if it all is correct according to the local law. That's sounds very realistic, what do you think?

What do you mean by this? I think lawyers and accountants should use blockchain so that their transactions should be fast and transparent.

Maybe in the years to come, everyone will be able to have access to the blockchain and use it for their everyday lives. It maybe hard at first but with the help of governments nothing is impossible with this new technology.

You are not far from the truth, blockchain brought that which is against the norm in the world today which is decentralization. Wide adoption is not that far, it will take place.

Completely agree and it's very exciting. The Technology is so useful and is just a matter of time before we see widespread adoption across many economic sectors. It is flawless beautiful tech, and the pioneers are on this forum. In 100 years kids at school will be studying blockchain technology and its history. Let it be known that I was a true believer :)

More and more governments realise the potential of blockchain technology and see the possibilities for the economy.
Blockchain tech. will be incorporated in every sphere of the life in the coming years.

Yeah, blockchain is a revolution and its presently affecting every sector of the economy.

we know that blockchain has great potential to control every platform, blockchain will replace every old transaction model.

the blockchain is perfect, but some publics aren't ready to accept the blockchain concept. for some public, this is difficult.

Blockchain is said to be applicable on every single aspect of life, however, I think it's potential isn't being exploited as it should, people are mostly focusing on the part of trading cryptos.

Yeah sure, I believe so, though it might take a while before that will happen but in the future, blockchain will take over everything because of the security the blockchain presents, more people will join the space and that will make cryptos go main stream

There is no doubt about this and soon I think it will take over all the industries because everywhere you go you will find good projects backed by some good products. Surely it will take over soon.

These industries have started to adopt the blockchain system and you can see how the dozen news about the adoption of blockchain system has appeared anytime.  Just the matter of time until the blockchain system will take over the traditional system dude.

Blockchain has some advantages:
1. It can not be changed.
2. Hard to be hacked.
3. Easy to be created.
Bill Gates call it miracle. I think he has some reasons to call it. Some famous people believe in blockchain. It will survive until the new technology is born.

Maybe in the future we could use blockchain in a global trade which could bring more life for cryptocurrency. This is why we need to give our full support to the blockchain technology for us to benefit from it.

it is true that the blockchain technology will take over everything in the real world, only need a few more years to make it real.
which is clearly a lot of blockchain usage that can be applied to the real world.

indeed the sign to go in that direction has been seen, because the world market is very advanced and requires the support of the latest technology in payment systems, so to replace the payment system with conventional currency is considered ancient, and the need to be replaced with a more modern currency, and Blockchain is able answer the challenges of the future to take over the existing system, we see it in the near future.

Blockchain's a system which doesn't use third parties. This's very different from the traditional system which until now still has a dependency on it. In essence records of transactions that have occurred are stored by many computers scattered on the network itself. So it will be more difficult to hack the system which's on hundreds or thousands of computers, is less likely for all computers to experience interference at the same time.

So, if you pay your donut for example using Ethereum (one of the cryptocurrency), Ethereum for the payment of coffee is transferred from your Ethereum address to your store's Ethereum address in peer-to-peer. And this transaction will be recorded on all computers scattered on the Ethereum network.

At present the government has contributed on the use of the blockchain system, there have even been several which have implemented it into their banking systems.

I agree with you. Bitcoin and blockchain will be able to implement what many people in the world could not do. I think this is a new steam engine, which is now used in almost all sectors of life.

Perhaps in the next few years, the blockchain will take over. Now more and more countries have accepted it. Only a few countries in Asia are restricting it. Blockchain technology is still in its infancy, and over time, Its technology will continue to mature, and we should have confidence in it.

Yes  I agree
Blockchain will take over everything because the government will be powerless about it
If you look across to the World Cup
Tickets were sent over Blockchain
Over 109,000 tickets
It’s jjst beginning

I pray crypto blockchain takes over Africa. We can't wait to see it happen !

I think that in five years the blockchain will become the basis of the modern economic system and it would be foolish to deny it. IMHO

I am also convinced that crypto is the future. It just makes sense - so many aspects of everyday business can be made cheaper and more efficient through crypto, for example through the use of smart contracts. Yes there is some skepticism at the moment from governments, but eventually crypto will be a part of normal everyday life.

Not sure about that because it's not yet even implemented to the real life. It's too far to call that the blockchain will change everything. I just know that satosih has created the blockchain system caused by he was seeing a lot of disadvantages on the traditional economic system.

a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.
"we can actually have a look at the blockchain and see evidence of what's going on" blockchain will make thing easier it will make day to day transaction easy and transparent I think it will surely take over

Already for many years there is a crypto currency and a small acceptance has only just begun.For what you called necessary for many decades.

Governments started studying the innovative potential of blockchain and they are realising the benefits of it. There are good chances for wide adoption of blockchain technology and changing  the economies we have today.