Bitcoin Forum

We live in a world where our online IDs are in the hands of the government and banks, and we rely on them to keep it secure. Blockchain IDs on the other hand, put you and you only in control. Therefore, you can store all your passwords and any other personal information on the blockchain, eliminating the need of passwords in everything. In the future, these ID services could be applied to government services, medicines and any other record keeping agency.

Blockchain system exist to combat greed and middlemen and to give individuals ultimate control of their identity and activity. In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.

I don`t know about the password thing, unless you yourself become the password, via dna(spit,blood),fingerprint and or picture/video.

Yes Blockchain is the tool needed to do this, check out my last post. I show how it can be done, Without the government.

Yeah I think these all are possible. I think all of the solutions are already available now, like the swarm technology together with the blockchain. The only thing to do is to combine them all and let the government and people embrace it.

But ofcourse government can only be the starting point but we as crypronians and blockchain supporters will be the responsible on how the world population.will.embrace this,as.we need to advertise more and popularization to be the best adapting method.but this is a great idea for blockchain innovative procedures

No it's not perfect, but it's better than the system we have currently, and quite sure there will be a better solution than Blockchain in future.

that is not how blockchain or banks or government work! none of them have anything to do with "passwords and personal information"! banks hold and control your money, and governments snoops around in your personal affairs. and blockchain is just a public ledger that holds transaction history protected by cryptography. it is not supposed to hold your passwords or personal information.

it is apparent that you are hyped up about something you don't understand. blockchain is not even good for those things such as medical records,... it is not efficient and there are a lot of other better ways.

Your listed points are the ultimate goals of the blockchain. nevertheless, I believe having one's password stored offline is most safer and secured, anyone can be careless online and can be spied upon. The use of middleman in handling records can be very expensive and even may lead to breach of trust.

Human history is always riddled with insatiable greed and selfishness resulting into conflicts and problems which ordinary people like you and me can experience. This was true before and sadly this is even truer these days. Good thing that this weakness of human nature is partly addressed by the blockchain technology but then again just like any man-made invention nothing is really perfect here. We have the capacity to make things complicated and hopefully blockchain can sort things out. In my own opinion, the blockchain technology can be a big leap for humanity but still this is not the cure-all for all the ailments humanity can be into.

Agree, there's no perfect systen. It's just that blockchain technology beats the traditional way on how we secure information without putting it in the hands of middle-man.



I do not feel secured putting such credentials online. Stay with the traditional and most secured way in protecting your password, keep it offline.

What you are proposing are available now,you can find more secure services where youll be needing yourself or some parts of your body as a password like fingerprint,facerecogniton this is secured rather than you keeping the password all your secrets save on services that uses this kind of verification is secured

Not perfect but for now blockchain is the only solution, and Blockchain is the technology which makes Bitcoin secure.

As in the above quote at present blockchain technology is the only platform that has got the potential to make things move flawless and in an efficient manner. Maybe something highly advanced than this could emerge in the future. If it isn't that effective we could've never attained such a big growth in the blockchain technology, by now almost each and every firm have begun to adopt the blockchain technology into their businesses.

I think the Op is making these statement regarding to what he/she saw in one of the blockchain project e.g VelixID that intend to use blockchain and other technology for identity verification. Blockchain technology can keep records in more secure and transparent ways. However, its use in medical field might be limited nobody will put medical histories of their patient in public database that anyone can view. That may be dangerous

There is no such a perfection, there is always better.thats why tech is getting better everyday, new solutions and new techs.blockchain can be the best tool to reach better.

You are missing the point. It is not easy to keep track of passwords and other private stuff offline which is why storing everything online is a boon in this aspect, but security is the top priority here.

The blockchain combined with individual security measures is one of the best way to store our private information online in my opinion.

It will only happen when the government decide to use blockchain technology, otherwise we will not see something new in this world. All institutional that works under the regulation of the government cant do something which is not proposed by the government (at least in my country).

Nothing is perfect, everything has the good and the bad sides, so does blockchain too. But blockchain is definetely the best technology that we are having at the moment amd could be implemented for different purposes. It's much more secure and reliable and what is the most important it enables secure data that you can't change or interveene in any way. That is the huge potential for privacy protection and it should be used in best way.

The use of cryptocurrency as a means of payment and blockchein technology can hardly be called an ideal solution. Along with a number of advantages, cryptocurrency also has many disadvantages. Now the cryptocurrency is only developing and it is possible that many of them will be eliminated in the future. One of the advantages and disadvantages of a cryptocurrency is its high price volatility, which, at the same time, comes from the principle of decentralization of cryptocurrency. However, because of this, it is very difficult to use as a means of payment by business structures. Nobody knows how this contradiction will be resolved.

Blockchain is definitely here to stay. God knows if we're going to be using bitcoin, eth or some other digital asset to store value in the future. But Blockchain is definitely the new internet. I mean, come on, it has potential to change industries all the way from agriculture to aviation!!! https://cryptotradernews.com/technology/14-tech-innovations-that-could-revolutionize-the-blockchain-industry/ (https://cryptotradernews.com/technology/14-tech-innovations-that-could-revolutionize-the-blockchain-industry/)

I think blockchain is great revolutionary system it offers a new way of verification, and up until now it had proven that its an effective solution to settle some problem, but blockchain still a nrw technology sooner or later therr will be some party find its weakness, so blockchain need to constantly evolving to stay on track to become solution for all problems

For the next generations the blockchain technology is a solution.
We need a lot of time for the blockchain mass adoption however. The young generation is exposed in this ecosystem but the elderly still haven't discover the decentralized world. Having said that, there are still people who do not want the blockchain technology to be omnipresent due to the fact that there are still different target groups that needs to be served.

Blockchain has important use cases, such as in providing security and transparency in transactions. However, the mistake some people make is in thinking that absolutely every bit of data must be on a blockchain. This is why there are so many centralized ICOs: people want to take businesses that could be run using a traditional database and capitalize on the idea that it's somehow better on a blockchain. So, to sum it up, yes, blockchain is a great solution for money, but it's not the best solution for other types of data necessarily.

they are all possible things, the blockchain is the technology of the future, intermediaries are eliminated and the data are certain visible to all, is the right path for a future in which we will have complete control of our funds (of our lives?)...

.. that is not how bitcoin and financial instituations works you mean.

blockchains DO NOT have to be limited to 'transaction history'

a blockchain could easily hold a publickey and a social scurity number
1P0oy487Addr355 : SS xxxxxxxx
then when signing into any service, you dont need stord 'passwords' on institutions. you simply need to sign a message using ur key

EG imagine your with bank of america, and you have your bank account linked to ur social security number
bank of america log-in screen
"please paste signed message of: B0A ssxxxxxxxx May42019 rand:6852455"

now by pasting in a signed message. you have not revealed the private key (your control) but you have proved your identity to log into your account

There is transparency in using blockchain technology which people are preferred to use it.  Some of big companies are using it already and it is possible that the others players will do the same. It takes time to be finally adopted cause it is not a simple adjustments and it needs to set everything especially for it's security.

Blockchain technology is a great tool looking at the use case it tends to provide but i don't think we can call it all perfect yet. It's too young for that as this technology is still undergoing several scrutiny and upgrades. It's feature of providing full transparency on any blockchain network it's pretty awesome but we are still fighting with its decentralization as most blockchain networks are not fully decentralized. Let's hope the future turns out great for this technology or it may be discarded just like other technologies that have been abandoned before.

i think blockchain is the perfect solution for replacing transactions via fiat because the blockchain offers many things such as easy access to the blockchain as well as confidentiality of identity will be very safe

Blockchain is not a perfect solution. Because blockchain has not yet become like the bank's online account. Online accounts are under the highest security. We can not avail all the benefits if we want blockchain. But blockchain is a bit more useful because it is very easy to use.
So in the future, the blockchain will be more perfect.

Thank You

@pooya87 You forgot adding the visibility of information.
@OP, any information that you put up on a public blockchain would be visible to the whole world.
Anybody who access the blockchain will be able to see all the information you put up there. Just in case you think of adding "password and personal information" on the blockchain(again, this is not possible as blockchain is not meant for this) you might just want to rethink.

I guess opinions differ on this matter. Blockchain voting systems already exist and have even been tested in some places, if I am not mistaken. What Blockchain adds to the voting system is inability of faking the votes or voting more than once. As for medical records, I found the following article interesting: https://www.computer.org/publications/tech-news/research/blockchain-health-medical-records-cloud-security. It explores the pros and cons, eventually concluding that it probably makes more sense to store the data off-chain but the hashes on-chain.
Blockchain might not be the best solution, but in many cases it's a viable one.

It depends on the situation, but yes there are many cases where blockchain makes sense. Your example idea looks interesting, but there are many gotchas regarding privacy, so it depends how it is implemented. Usually the needs of a government are not the same as of an individual.

I think voting is a very good place to try, as long as people can maintain their identities secret, and yet not allow someone to posses more than one. Or you must surrender to the idea that you will know the identity of each of your assigned keys but yet unable to know how each voted, just that they voted or not...

Yes i'd like to see some real world implementations of blockchain elsewhere.

For me there are no perfect things here, so i could‘nt say that blockchain was perfect solution for us in our everyday transaction,but thanks that this thing was come here in our life.

There's no doubt that blockchain technology is a superb development in our modern internet world where in just a click almost everything is possible. However, at its young age and some resistance on the government, the reality of full capability is still far from reality. Some sectors were able to see weak spots on this technology considering this is all online transactions and without central authority.

In short, blockchain technology is not that perfect. Though it's a great technology.

There is a lot left to be done. I won't be waiting for the change. I'll make it happen.

I agree, every inventions have its pros & cons but I think it's a good start with blockchain as to help lessen such issues.

It is not perfect, but it is a good solution for several problems related to a large amount of data, has a greater security and etc. That is, it is not perfect, nothing is, but each case has a problem and blokchain solves a lot of these.

It will take a lot for governments to involve blockchain technology in the system

Most people don’t actually want decentralized. Cash is far more decentralized than credit cards, but cash is dying as credit cards surge. One of the reasons for this is that credit cards allow for chargebacks, security against fraud, and prevent you from losing money if you lose your wallet. All of these things require a master authority which can judge which transactions to reverse.

Therein lies a large part of the problem, much government today is there to serve itself and enforce the servitude of others.

Thanks to Bitcoin and the associated blockchain, holding government accountable to the individual is now a possibility.

There are applications on the horizon which we never dreamed possible.

I hope... 8)

Yes it is, Many people associated blockchain with the cryptocurrency ,bitcoin yes it is true that ,it was the success of bitcoin that gave the world insight into the blockchain technology  .Bussiness is the sector that take the advandage of blockchain.it reduce the time cost and accountability,so blockchain is best innovation of the world.blockchain technology provide security ,transparency ,immutability and decentralization to the world

Another technology might be introduced whose usefullness can outweigh Blockchain but at the moment, blockchain is super useful maybe not perfect because it has other shortcomings which for me could be the synchronizing usage with the internet because, every person don't know how to use the internet. But as far as data collection and accountability are concern, I think blockchain is handy.

We are already moving from credit cards to online payments or simply via phone or any other gaddets.  It will be the same with blockchain technology, which sooner or later will be used in the future on a large scale.

It just our hope maybe, because the fact we can't never do that. As OP said we had had government that always make a change become wear away. However, if you say blockchain is not perfect solution to make transaction in our daily activity it's wrong. Because if we compare blockchain with bank payment system or with cash system blockchain can be a competitor. Those payment system has an advantage and disadvantage severally, but surely those payment system can make people's live comfortable, so as people can use the all three method without a compulsion and they can make use of it well.

I also think that there is nothing ideal in this world, including the world of cryptocurrency.  There is always something to strive for.  But one thing I can say for sure is that the blockchain technology is ideal for cryptocurrency.

I do not get it why not just make your blockchain which can store all your personal information than using a public blockchain. like bitcoin wallet is only designed to store bitcoin ledger but some people are using it to store their notes forever. and even one bad guy has stored a child pornography content on the blockchain which cannot be removed ever so why use public blockchain for personal use. learn some skills and start developing your own future and believe me it will be much better and powerful.

I totally agree, it may be the best for now but we'll never know in the future. With the current advancement and people who loves to explore on things, I guess they might be able to create another technology way better than blockchain.

i agree on your point . we are now in the future and the people today are now more smarter than compare to the people on the past and this means that they will always be curios to explore and invent new things or new technologies that will be better than the previous/current inventions we have so far  .  but if we will be foccusing on today situations  , i think blockchain isnt really the perfect solution  but it can be a good solution for creating a new posibilities  .

Actually, you have a point here like blockchain will be very useful to those people who wanted their own privacy and will not able to change by other hands like government. But we must remember that the government is not really accepting bitcoin in our community because they will have lost control to people.

 I like that the unity that the blockchain technology offers significantly rebuilds its position in the market. For example, the taklimakan project. It creates an ecosystem where both crypto market professionals and beginners can coexist. Both parties interact on the principles of partnership and increase the benefits of their own, and the crypto community as a whole, because the more educated people in the system, the more blockchain technology is distributed into ordinary life and make it more comfortable

I think that the currency market has long been waiting for such a reset. blockchain allows to take a fresh look at the rules of the game. now small companies, united in one network, are able to compete with monopolists. blockchain makes the market more equal

It is a pity that not all countries share the view on the usefulness of the blockchain. Of course, fraud on cryptocurrencies has seriously undermined investor confidence, but the blockchain technology itself cannot be attributed to the evils of people who manipulate currencies.

Firstly, what do you mean in Online ID? If you mean our private ID, then yeah, they are in hand on governments and banks and this is very logical. ID means identity document which is very neccesary for governments and for many service to make identification of you, it's another task how they secure it, btw you can't control what they do with your information like they can't control you at the moment.
Btw something that reduces government's control, won't be integrated, sorry but that's true.

I do not think blockchain is a perfect solution it still needs a lot of improvement or maybe people just need another version of the blockchain. as we can see there are many different projects which emerged from this new technology such as smart contracts and whole new systems but everyone needs a private blockchain which can store their own information rather than publishing it in public.

The part in which blockchain solves the middle man issue is absolutely true, it is a technology which is less than ten years old and we need more development and research to reach a level of technology where it is used extensively in every aspect of life, major companies are researching and investing their time to explore its possibilities and we might see blockchain as an integral part of life in the future for transparent and secure storage .

The birth of Blockchain is a testament to the development of the scientific and technological revolution where the applications in the present life are used a lot. Such as education, information technology, finance, human resource management. It reduces labor and costs for us and the future I believe is even more diverse and better than the present.

That's true, we rely on the bank and governments to secure our ID's but I don't understand the password thing you are saying. I think it can be possible, that our medical records will also easy to access the results and all our records online, online voting is also easy and convinient but hopefully, there's no cheating happens when voting online can be possible.

I think that blockchain is very flexible technology with a great potential. But how it will be used depends on companies which will decide to try it. Let's hope it will bring some good changes in our world.

Yes solutions based on blockchain guarantee the confidence of the parties: its members can not make changes to the base and can not violate the conditional protocol. It is believed that this provides a very high level of trust in the contract.

Blockchain is changing everything. Even governments are interested in its applications. Data can not be forged which is most important factor for its popularity

I think blockchain is a prefect solution and i think will be used in a lot of domains, and i think is the best solution than what is used today, i hope also governments will start to use it on future.

Because technology is evolving, there may be another technology that can be seen bigger and advantageous that the Blockchain technology, so, the solution it brings to us right now; can be over turn by another technology. Will agree that as at today the best technology can be seen as the Blockchain but the future will tell if they are perfect solution or not.

Blockchain is the revolutionary technology with some additional features as compared to the existing technologies which help us to secure and hassle-free transactions without revealing the password or other personal information on the blockchain and gives the control of identity and activity to the individual.

Blockchain boils down to a more difficult database to be managed and maintained. It is nothing more than a threaded list that has, and can handle, a large amount of data. I do not remember seeing another use other than storing data safely. And it is precisely what limits it to a "perfect solution."

To the present situation blockchain technology integration is a perfect solution on each and every industry for a efficient functioning. People find it different, and maybe in the future we might see advancement. Once each and every data were recorded hand written, later it was done by computers, further cloud and this way the growth of technology doesn't have an end, it keeps on improving.

I believe blockchain is a very promising technology that we can rely on as of the moment. But we are not sure in the future because maybe in the future, someone will be able to come up with another technology that will be better that blockchain. As for now, I can say it's not a perfect solution because nothings perfect, everything has it's downside.

In the future there may be some technology which would be better than blockchain, it's hard to predict. Now, blockchain is revolutionary technology and for me, it should be constantly monitored and even improved because new technologies always need to evolve. Whole topic of cryptocurrencies is still developing and maybe many cryptos and systems would be eliminated or changed a lot in the future.

Blockchain is definitely A SOLUTION to many problems in many different industries. From agriculture to aviation!!! Check this interesting article out:

https://cryptotradernews.com/technology/14-tech-innovations-that-could-revolutionize-the-blockchain-industry/ (https://cryptotradernews.com/technology/14-tech-innovations-that-could-revolutionize-the-blockchain-industry/)

That's right, after businesses adopt this solutions blockchain will be really much helpful perfect for our everyday transaction process, it's a good alternatives for now but in the near future it can be more useful to do every task where it will be lessen the executions of your payments needs.

Actually there are already some project that use blockchain technology for medicines and health care. People's identity and health record are stored in blockchain. I think soon government also apply blockchain  technology to store important information. And I think it is a good solution. I am sure blockchain technology will be very usefull.

I also think that the blockchain in the future is more likely to find applications in the field of distributed databases for notaries or medical institutions. Cryptocurrency is likely transformirovalsya and will lose its decentralized nature. since decentralization is a speed limit.

Well you described it as a perfection. However let's remmember everything digital depends on power supply and it can be broken down. About transparency...future will show if it's that straight forward.

I wouldn't say that blockchain is the perfect solution but I guess that blockchain could help solve the problem of anonimity. Being anonymous online is what Satoshi Nakamoto wants for all of us and we are all embracing it right now. And you're also right that we can store our own ID and pass in blockchain so we don't need to rely on the government.

I believe that there is no limit to perfection.  Because the blockchain is not perfect but it is the best thing that has happened to the cryptocurrency at the moment.  I believe that everything should evolve over time.

What it did by crypto it is just another evolution in currency system.  Indeed,  crypto did something great for us but not in the moment that it is use as currency  instead,  it is become an investment. This is the way we think that cryptocurrency is not just for certain purpose but it is applicable into other areas.

That is indeed the goal of implementing the blockchain technology- eliminating the need for a third-party trust system while relying on decentralized system wherein it is monitored publicly in a legder. But storing our password in our private keys has also the disadvantage of getting hacked due to its nature being accessible online. I guess it is advisable to not input your password online.


The anonymity factor that cryptocurrencies possess is a double-edged sword. It can be both beneficial and destructive at the same time depending on who is exercising it. That is also the reason on why the government prohibits the massive implementation of such since they fear that it might spiral out of control by means of purchasing illegal things.

Considering the features of Blockchain technology, it provides a system which permits easier verification of information on the blockchain network. Blockchain tehnology currently is been used by a lot of institutions such as medical institutions for verification of medical data on their ledger to help easy access of information. Blockchain technology has multiple purpose and feature that helps in the diversity of the entire ecosystem of the world. It is definitely the perfect solution.

When I saw "agriculture", I literally amazed about blockchain even I know that blockchain is a really a part of our modern technology. I read the article and it looks like blockchain was a good starter for a better living. Blockchain was similar to IoT projects, can have a p2p system where we can control and optimize each thing. Improving supply quality through blockchain was a wonderful idea.

If we live in country then anyway our doc done by gov will be in hands of gov anyway so nothing can help in this situation as i dont understand what you expect it will happen as we have gov ,so only way not to have it not to have gov at all which is impossible for me , anyway at this moment.

It's not the best solution. However, I prefer that it will be on the blockchain and not on a third-party system where anyone can get access to. Blockchain is here to stay.

I think if it's perfect, blockchain helps to avoid falsification (because it's immutable) and also gives people back control of their data (in the last few years they have turned into a business, look at facebook), it also helps to avoid censorship and freedom of expression on the internet

In my own opinion since from the start blockchain is very perfect give convient to make fast transaction using hash so therefore i believe a 100 percent blockchain is perfect solution.

Yeah, it might be the perfect solution to almost everything but then the technology is completely new. There are lots of problems we are facing and still needs a lot of development. This technology is still in its infant stage and it's potential can not just be described in words. Fortunately, every day the community and developers are bringing new solution to the existing problems. Hope to see a better and well developed blockchain system in the future.

Indeed. There is no such perfect solution for the problems we are facing right now but there exist better solutions that we might think blockchain technology can do provide. Due to the continuous rise and innovation of our technology, better solutions can do come up not just ending up into blockchain technology only because we people must not only be dependent into one thing at all. But for now, I do believe blockchain technology can do help us to provide our necessities right now.

Because something new is not known how to use, few are the ones that dominate. But it is not perfect for everything, nothing is.

We know that a company like a blockchain can do everything we can. I think it's best to think about all the good thoughts of blockchain. In my opinion, password, pin fingerprints, face recognition, these are probably the best security options. In my opinion, the password, the pin, from this Fingerprint, Face Recognition These are probably the best security options

Blockchain technology can certainly help to make many social processes more perfect. Experience in some regions shows that blockchain can significantly speed up and simplify data processing. In addition, this technology is developing intensively, which may allow it to be adapted for any social needs.

I agree with you, right if people say blockchain technology is the technology of the future, from the beginning bitcoin and blockchain technology were created to overcome financial problems especially in companies like banks and traditional methods that have a lot of disadvantages. But if it is seen that blockchain technology is still lacking in security and as you said, that there is no recovery in your transaction or wallet if you lose your password or make a mistake in transactions, hacking is also often experienced by some exchangers.

Yes.I think it is.You can transfer any amount of money as fast as possible without any additional fees or charges(except the gas prize) and its very reliable.Safe transaction around the globe.I think its a beginning of world currency.One world one currency.  The technology is upgrading day by day.So we can have so soon blockchain will provide solution for world finance.

Yes blockchain is perfecta solutions for the present day problems and if we look at the financial cycle it is true that blockchain has many good features which is now the fast online system and it is good to know that crypto has a good future. Blockchain is perfect solution for today need we need fast transaction due to fast delivery and other needs.

the realistic answer is no.
blockchain technology works best when you want to decentralized something and use it as a distributed ledger that is protected and updated using cryptography. that is why it is working best when it comes to cryptocurrency (aka bitcoin). but when you want to use it as a "database" then you are going to be facing a lot of inefficiency problems because blockchain isn't supposed to be used that way. for example people keep suggesting healthcare system but it won't work and it never will because the current system of using a simple database is more than secure and efficient for the purpose it serves.

It's hard or impossible to find a perfect solution,  as a proof, blockchain continues to be improved year by year.

However,  blockchain is very secure,  easy to use and it will be used more and more in the future.

Blockchain is a technology that is so good and has many benefits. Now the fact is that Blockchain technology has begun to be applied to various existing sectors. I've seen that a blockchain is being implemented by a financial institution. That proves that with the blockchain system, we can get a variety of weaknesses as well as far better security flexibility.

For some years back cryptocurrencies were being used just like the fiat currencies but now it has being integrated in so many industries such as the health, and also the production industries. When it was integrated, many people has seen its importance because it is providing so many solutions to their problems or challenges. Due to this reasons I think blockchain is the perfect solution.

Crypto is still a crypto and it still can be used for a currency and for an asset use  . nothing really change aside from the support for cryptos , before crypto is limited to use as a currency because not all stores and shops are supporting it but now there were now lots of merchants that are willing to adopt crypto on their business because they see to themselves that crypto is really the future of payment system 

In general, they have some external limitation on who can interact with the blockchain and its features. These are not anything new, they’re distributed append-only data structures with a list of individuals authorized to add to it. Consensus protocols have been studied in distributed systems for more than 60 years. Append-only data structures have been similarly well covered. They’re blockchains in name only, and as far as I can tell the only reason to operate one is to ride on the blockchain hype.

For me, there's no such thing as perfect, everything has its pros and cons. However, I can see that bitcoin is a very promising technology wherein we can make safe & smooth transactions. Thus, I can say that blockchain is the best technology right now but we can't tell for the future because our technologies are advancing and who knows someone might be able to create another technology that is way better that blockchain.   

Bitcoin does have a lot of potentials to grow, but it is not a reliable solution for a long time. Satoshi Nakamoto did not complete his project, will you stay on an incomplete project for your future development. we need an improved blockchain Technology which has complete control on its development no matter if it is controlled by someone but still we need progression. It can be an exponential growth or maybe slow growth but still we are humans and we are going to make a lot of mistakes. On this blockchain, those mistakes will become permanent.

using blockchain-based technology has many advantages and many things can be applied to this technology. almost many aspects can use blockchain technology as a backbone. because transparent and open-source system are community needs. with the blockchain technology provides global information disclosure and with blockchain technology development openly there is no longer a monopoly from capitalists.

Blockchain technology is almost impossible to hack because of the process that it takes to overcome is hard and must be knowledgeable on how to crack it. Some news about somebody being hacked are just cases of people being careless and not reading the information well enough that it becomes a trap for non-readers.

It is really good that you pushed in to specific because I was about to misinterpret this thread. If you're going to talk about security, I am 99% sure that this is going to be the best solution in this generation of technology. Blockchain enables you to have great control over your security like passwords. The 1% thing that is left are the threats that could be done that we really don't know.

Yes, today, blockchain can decide many problems and some people call it the perfect decision. We do not know anything about the future - probably, the new technologies, better than this one, will appear.

I think that if it is the perfect solution, not only for the things that OP announces, it is also a technology that should be applied for all political elections in the nations, I do not believe that there is any other technology superior to this one so that cheating is never allowed. , many systems claim to be the most transparent, but I think none can match the incorruptible capacity of Blockchain.

Fast transactions, ease of transactions, everything is usable by blockchain, in fact there are many Blockchain-based projects that always provide systems progress to some processes, there are elements in the systems that are easily recoverable and increase their capabilities if they are applied Blockchain technology, if the payment systems in supermarkets were made through the purchase of tokens or coins, payments would be done instantly using technology, eliminate all possible queues, it is much better than the RFID systems that have been something polluting by the electromagnetic emissions that produce such rays.

This is just one example of the multiple technologies that can be improved, so the ability to acquire blockchain depends on the desire of people to generate more progress.

I am not sure about whether Blockchain will be a perfect solution or not. But I know that Blockchain has a very big potential in itself and it will be a better solution for so many fields.

I agree, most especially now that our technologies are keep on advancing and people are so fun of exploring on things one might be able to create another technology that could be a better solution than blockchain. I guess it is still to early to conclude that blockchain is the perfect solution.

Blockchain is a technology system that is carried out in a decentralized manner so that implementation in the company will create very strict efficiency and control because monitoring is carried out simultaneously in a short chain, so that if something goes wrong, it can be immediately recognized and corrected.
In addition, the use of blockchain removes servers centrally, so they cannot be hacked or manipulated for someone's benefit. All data is open, all employees in one division can support each other for the progress of the company.

Blockhain is a technology that is so extraordinary and has such a good function. now many sectors have recognized it as a solution to various problems. blockchain is a technology and with technology, the progress of the era can be used as a bridge to a much better era. so in my opinion blockchain is the right technology to support a much better life.

Yes I think that was the ultimate aim of blockchain. It would be really great to live in such conditions and be independent from those who try to count our money.

A perfect solution does not exist because people will always find ways to cheat the system regardless of the level of security they have to break. Blockchain might not be the perfect solution but as it stand now I think it is the best solution for the security of our money and identities. Of course like everything else there is still some improvement and adjustments we need to make but right now it's definitely better than what the governments are using.

The main solution blockchain solved is the double spending problem and it is a revolution that was bugging the community for a long time when it comes to digital currency, the possibility is enormous and even now major mainstream companies are investing their time to explore about the possibilities and with time we will see many solutions with the development of blockchain. If the real developer behind blockchain would have stayed longer we would have major updates and solutions by now, but he disappeared before that without exploring the next stages and that is a real bummer.

There is nothing perfect in this world, that is why as time goes on there are new inventions which comes to beef up old stuff. We don't know the next technology that might come up some years to come but the blockchain technology is one of the greatest technology that has evolved in our generation making transaction easier and faster and the store of data like never before.

I agree, there's always room for improvements and as far as blockchain technology is concern it has proven to have helped in securing our money and identities for years now. I think blockchain the best solution for now but we don't know yet in the coming years, maybe someone will create another technology better that blockchain.

Maybe you are talking about a blockchain based storage where the fingerprint of the data (a very tiny amount of data) that stored in a separate storage location is recorded on the blockchain, this keeps the data safe. It is very inefficient to make blockchain a storage for large files, the nodes will have trouble verifying all the data as it will take time. The best application is the online voting, this will keep corruption and internal manipulation away from the process. On the blockchain based IDs, I can only see it as a tool to verify the data, the information of in the ID can be verified on the recorded data fingerprint on the blockchain, again this ensures that the said identification data is legitimate.

At this moment blockchain technology takes the lead and has provided with efficient solution wherever it is used. As days pass things will go digital and the need for advancement too will increase. By that time we can expect things to get growing bigger and better with improvements or a technology beyond blockchain technology.

Bitcoin comes close to being a miracle that is happened. It is also the first ever software which can't be shut down once it got released and executed, think about that. 

Since we are in an era where Information technology is the major trend, Blockchain is a perfect solution to all related activities of information in terms of information handling, management, recording, etc. The digital distributed Ledger of the Blockchain technology can be utilized by almost every firm, business, company etc to manage data and information.

Blockchain or a public distributed ledger technology can really solve a lot of existing real world problems:
1. Near real-time trading, clearing and settlement of assets (land titles, stock ownership, etc).
2. Crypto currencies for almost frictionless transfer of value to another entity/person to anywhere in the world, anytime.
3. Identity protection in the blockchain
4. Traceability of goods in the blockchain
5. Democratic voting using blockchain.

These are just some of the real world application. Cryptocurrency is just one of it's major application.

The blockchain technology is very great and can perfectly improve several areas of human life. I don't agree with the fact that, it is a perfect solution. However, it is more efficient than the existing solution

Banks and government cannot keep your ID's and personal information safe because anything can happen and they might get hacked someday and all of the information you sent or given to them be stolen by hackers if their system is breached.
Here take a look at the meaning of blockchain from google.
https://i.imgur.com/PY1VQD1.jpg
Blockchain isn't and can't be used to store passwords.

That's correct, I think he didn't know what is the purpose of blockchain and its cryptography.

unless a better secure contract algorithm is being replaced blockchain is the solution of today. 

Yes I agree with you, maybe this is everyone's solution to the future with the Blochain, all that has to be done is to combine them all and let the government embrace its people ..

There is a big possibility that blockchain will be the perfect solution to our problems especially in taking out the middle man. Once middle man is already taken out, it will be easier for us to control everything by our own.

You have stated the advantages of blockchain which is very useful especially to those people that didn't know yet the use of blockchain. Blockchain have plenty of uses especially if it will be use in good purposes while blockchain will be worse also if someone will try to use it has a bad intentions.  

Nothing is impossible, the perfect blockchain solution? In the current era of digital technology. Blockchain is the best technology we have today and can be implemented for different purposes. It's much safer and more reliable than what matters most, allowing safe data that is difficult for you to change.

I think the blockchain is an amazing revolutionary system, and until now it has proven that this is an effective solution to solve some problems, Blockchain is the perfect solution for current and future needs, for that I believe 100% blockchain is the perfect solution ..

Blockchain is, like all systems in the world, far from foolproof and perfect to answer all existent problems in the world today. However, in terms of bridging gaps in terms of data sharing and production, payment processes, high intermediary fees, hidden transaction fees etc., I believe that blockchain has quite effectively provided great solutions. For example, some crypto/blockchain projects delve into securing international payments for products and services without having to deal with processing fees or long waiting times, or even rewarding and incentivising content creators to create and share quality content to earn tokens, or making trading more accessible and convenient for first-time crypto traders etc, and even ensuring that private/individual data is more secure and minimising the chances of data manipulation, which is very often heard about, considering all the news about data leaks from major companies recently. If there is a current problem in a traditional system e.g. payment processes and transactions, blockchain is currently the best solution to deal with it. What do you think about, for example, integrating blockchain as a solution in online shopping and e-commerce?

I came across a project recently on Medium (https://medium.com/blockcart/blockcart-the-one-stop-ai-solution-to-all-businesses-3510bb60902d) called BlockCart - It looks like they are helping online shopping customers to regain control over the data they enter into shopping carts when they checkout, and also incentivising them for sharing their data with businesses that may use such data for marketing campaigns and also to better provide customer service to these consumers. Imagine not having to worry about the security of your credit card details when you make purchases! Apparently, they are working on a global shopping cart across multiple e-commerce websites so customers like you and I don't have to open multiple carts and checkout multiple times. And if businesses have access to the data these customers willingly share, they'll also be able to better recommend products and promotions to consumers - blockchain sure is an exemplary solution in this case!

No system is perfect, everything has its own shortcomings, however, I believe Baha Blockchain is the best solution to handle current problems.

Nothing is perfect in this world and so is bitcoin. But is indeed very innovative and helps the digital world a better place. I think it just compliments the internet world. Blockchain is the key to make things in the right order and avoid conflict. I mean, accurate information is a must in everything and imagine how many lives or casualties can be saved and avoided when there is no error.

Know a days blockchain is a trend that many projects, apps, website that offerd the service of bitcoin, it because transactions or paying bills, and others become easy beacuse of bitcoin. But for me i think blockchain not that so perfect for a solution to a certain problem, but it maybe contribute and a tool for improvement of a country's problem. Example in africa they developed a health app which focuses to their main problem and that is health care and that app is AfriHealth (https://www.afri-health.com) as we all know africa is not that well equipped when it comes to many field specially in health care but this was surprisingly that they developed a health app that powered by blockchain and i would say it was very well done project, its smart to use blockchain because its popularity. And with the use of this health app project, they can attract investors and if theres investment the economy of africa will grow also the health field will improve because of the app, it is worth to invest in this kind of project why? Because this app provide a wonderful health services such as, purchase medicines across countrys, access your own medical records, set an appointment in a doctor near hospital place in your neigborhood, and in case of emergency the app can be used to call an ambulance that is near to your place and also purchasing a insurance plan and many more. So i can say that this app that use the influence of bitcoin can make a country developed and to improve and it can benefit other country also because, yes easy transaction and access to this health app.

I don't believe anything or anyone can be perfect but I'd say Blockchain is the closest thing we have to perfection but it obviously still needs lots of improvement as the time pass

To estimate the advancement in terms of technology, blockchain is considered one of the most exellent technology invetion which could help human beings lead a world of being more and more developing and modern. Although nothing is perfect indeed, blockchain can serve us in many different perspects of our life, so should we take blockchain to an exception ?. Actually, blockchain brings a vast of potential that we can exploit lots of advantages to build a convenient life.

Blockchain is like fire or any other technology in hands of human. It can be either used wisely for good or misused to abuse and suppress people. For example, the original idea of bitcoin whitepaper is no longer the real idea of bitcoin. Was it said to be manipulative and used for enriching exchanges and major holders? Of course no, but it is! The same situation with blockchain usage: it CAN be used wisely to record people's data and then apply to it fast when necessary, but the question is, will people be willing to trust blockchain? Too much controversy nowadays to predict the way blockchain will develop.

Blockchain has not only something to do with passwords and privacity. Also it guarantees you that the stored data isn't modify by others, for example. And there are other many helpful uses of this tecnology.

Of you are right, but I think we have to wait many, many years to see Blockchain used in our day a day.

Its hard to entrust your personal details to someone even they said its secured like government and banks because we know that even them can manipulate it for the things they want. Blockchain really helps regarding transparency on everything and it will be a big step for our generation to the future ones.

I think the blockchain, banks, and government id are 3 different things and cannot be equated. Where the government ID is an identification and with this ID we can create a bank account.

Blockchain is indeed the perfect technology for me, but blockchain cannot be compared with banks and government id. How will we definitely still need a system that is centralized in controlling the government, people will be greedy if everything is in the form of a blockchain.

I totally agree with your idea except on the part on greed. Not very sure how the deincentivizaton should be handled.

And it depends on the kind of greed that needs to be deincentivized. Consumers greed? Possibly. Producers greed? Not sure about that.. We probably should lay more emphasis on sustainable living.

Indeed, but just fews person who are aware of it, most of them just afraid to adopt this system because blockchain is very transfarant that make possible all people know the transaction who made by one party. So, for the government I doubt they will interest with it especially for some government which has a high level of corruption cases, they will ignore it with certainty. I hope there are some person who has a power and he intend to change their system so that blockchain can be accepted.

But remember, we still need the government and banks for our other needs. Like for instance, the government is holding our social security number and other vital details to process our information whenever we need something from them. We can't deny the fact that we still need the banking system. Companies are using banks to send our monthly income. So even if blockchain is a perfect solution, we still do need to interact with government and banks in some ways. We can't fully eliminate them in our daily lives.

We can say that yes blockchain is a perfect solution because it hasn't been hacked so far. Not that i recognize it a main hack happened in the past except some "news" stating those facts.
Still the technology is so good that only those companies that uses it are the hacked ones due to their own security flaws.

In my personal knowledge about in blockchain technology, it is a perfect solution problems for the government to prevent corruption, graft and fraud every time there is an election campaign event will happen. It is also good for the business as well what it is, it could be the good tandem too and one of the good example for this was amazon.com and more.

Maybe blockchain is the solution to all the problems that exist in this world, from the banking industry to agriculture, but we still don't know because blockchain technology is still limited

Blockchain is changing the face of every data base and how to manage your affair with no one knowing what you are in to as a decentralized business and transaction.

We still kind of in centralized system of blockchain as many exchange still collect data to know who is behind the funds in that wallet but you can also keep your funds away from them and store it in a wallet that you control the keys.

Blockchain is solving most issue and is here to stay for more issue solve.

There is no doubt that the blockchain technology is the most advanced and developed technology ever found on this planet. There are thousands of innovations found in the blockchain tech daily making them immortal and long lasting. Blockchain might be a perfect solution for all the advanced techniques and I am sure that in some coming years we can see impossible turning possible only because of the blockchain technology.

Everyone might be having faith in the government of their country but the government is not stable and keep on changing as per the year changes so we cannot really depend on the next coming government to keep our identities safe which is completely opposite in terms of blockchain.

I am 100% damn sure that blockchain is the solution for various issues and problems. Blockchain technology can make the world a better place with the modern means of transactions. Blockchain has each modern and advanced techniques which if implemented with the major industries can make them work more consistently. I think that majorly the banking systems are in need of the blockchain techniques as blockchain would make the banking experience more faster and secure with would maximize the growth of banks implementing blockchain into their circulating systems. Even as you say, agriculture can be made most advanced with blockchain as well as the goods grown can be sold in the international markets giving multiple times benefits as we are having now.

How can you say that blockchain technology is limited ? i think its not bannable but only cryptos are   . Blockchain technology is different from a crypto because blockchain is not a currency and there is no restriction from it  . How can someone restrict or resist the usefullness of this technology ?  It can solve lots of problems and one that i think the best use for blockchain is for government election so that no one can modify the data not even a good hackers . This can clear out the cheaters   

Blockhain is a very good technology and has amazing functions. But it is better than the current system, and surely there will be a better solution than Blockchain in the future. But one thing that is sure is that blockchain technology is ideal for cryptocurrency.

Yes, the new technology will really destroy corruption and will significantly change the life of every person.Yet using this technology, the world must be a better place.

Blockchain technology is a perfect tool in the financial industry because of the high level of transparency it provides but the greed of men has led it being used in other industries in the world hence the numerous and baseless ICOs that are spamming the cryptosphere.

The fun fact is that there is no perfect decentralized solution as someone will be collecting data one way or the other. the exchanges are collecting all the user data and yet they are not regulated by any government, a few may be regulated in some parts of the world but the majority of the exchanges are not regulated, block chain will solve some major issues when it comes to securing data.

Blockchain may have hitches but is near perfect solution. Providing answers to what most traditional system in our finance, agriculture, data management, health ,etch couldn't solve. Blockchain coupled with Internet of things and Artificial intelligence is going to make our future so easy.

I think blockchain can disrupt the foundations of all industries. The use of blockchain technologies will most likely indicate a new development path in order to make services global, transparent and convenient not only for their founders, but also for users.So, yes, I think blockchain is a perfect solution

Now a total restructuring is taking place in the community. See how many merchants use blockchain, medical and educational institutions are interested in technology to facilitate the process of authenticity control and improve communication. Blockchain is already everywhere and it does not cause destruction, only a paradigm shift

I agree with you. Blockchain is the technology of the future. And so that more people understand its importance, it is necessary that new platforms appear where a user of any country could get acquainted with the technology. Taklimakan is an educational base, starting with the basic concepts of the blockchain and cryptocurrency, ending with advanced courses and tips for traders. Of course, people we are lazy creatures, but when the material is fed in a light form, it is easily perceived. The more educated people, the closer we get to the time when the blockchain technology will be implemented in all spheres of life.

If you take globally the industry as a whole, I understand why the use of the blockchain is not yet frequent and not regulated. sounds strange, but these technologies can be considered a means to control honesty. since the chains are unchanged and allow you to build a transparent relationship system, this can help reduce corruption. Not everyone wants it

The blockchain's ability to eliminate third parties so that it creates a fast, easy and inexpensive transaction process is the reason for rising market demand for this technology in addition to the security factor in transacting online..

Blockchain would be even a better solution to all current problem if it was less limited

Yes, those things are offers by blockchain system, it will helps the industry and brings innovation with this current working system around, if this one can be maximize everything will be lifted by this new offered chain, is perfect for those who's keen to maximize the use.

Of course, cryptocurrencies give more freedom to their owners. They were conceived to bring to the market unique currencies that are less dependent on governments and banks. Therefore, they received such popularity and at the same time received a strong rebuff from the governments of various countries.

Agree. Blockchain being a robust system that's secure and efficient for ensuring integrity of transactions, still has many flaws on it. These flaws are being improved over time, but the process is somewhat slow. Of course, Blockchain technology has gone far with the inception of Bitcoin since 2009. Sending money over the world is now much faster and cheaper than it was before. Centralized financial institutions are reliant on an obsolete system which is slow, and expensive. Banks, governments, and other entities have realized this, studying the Blockchain more thoroughly.

Given the benefits that Blockchain technology provides, it could be the system of the future that powers not only our economy, but also our transportation, identities, and more. It seems to be the solution for almost anything on our lives, bringing a new era that was never seen before. While Blockchain is not perfect, it's bound to become better each day.

Nonetheless, Blockchain is a great solution for most but is not meant to be used for everything. In areas where Blockchain don't fit the most, other means will be used in the mainstream world. Just my thoughts ;D

Blockchain is today's competitive alternative to traditional methods of transactions through banks and others, the main advantage of blockchain is the transparency and decentralization of payments.That's the future.

It is true but real decentralized network needs efficient equipment so costs are to high for now.

Blockchain is a very secured server. I do not know why government won't implement this on the country. It is the best security until it was made. All important records, archives, keys, etc. really needs it to lessen security breaches. This thing is the future and we can't let the future be cheap since it is for the convenience of all.

First of all, blockchain is not a server, it is a system that connects so many computers in the world building what it is called decentralized chain of blocks, more detailed explanation you should read on wikipedia. The government didnt want to implement blockchain despite having so many benefits is the fact that the blockchain is decentralized, although there's some way to modify blockchain and make it more centralized however it seems that majority of the countries are still too afraid of using it, they are in the state of doubtfulness.

the idea of ​​the blockchain was born to respond to the need of decentralization. how can I make (in this case a currency) decentralized?
the answer was to "create" the blockchain.
surely there is great potential for developing other types of blockchains or some similar technology.

I would not call it a perfect solution but rather a solution which needs to be given an opportunity to be utilized than all these negativity about blockchain solution and cryptocurrencies. Blockchain technology would solve a whole lot of corruption if implemented in the financial systems of most governments.

I agree with you that the blockchain eliminates the role of third parties, because it will increase transaction costs. In addition, Blockchain technology can economically reduce unnecessary costs, so that products are produced economically.
In an increasingly efficient era, the issue of price, quality and speed of delivery is crucial to winning the competition. The Blockchain provides solutions to achieve such quality.

Blockchain technology has a broad usability and cryptocurrency is just one of the many ways Blockchain can be utilized. Apparently, every work or field works with information and data. These information or data can be well managed using the Digital Distribution Ledger feature of the Blockchain technology which allows its storage, verification, transparency, etc.

Yes,blockchain  will  be pouplar

Agree. Blockchain technology may not be a perfect solution, but it's still better than what we've been accustomed for a long time ago. Replacing the banking system of the past, would allow our economy to improve for the better. This becomes a reality, when Blockchain provides faster and cheaper transactions for the world. Given that transparency and efficiency are one of the key aspects of Blockchain, it could very well eliminate corruption and bring autonomy towards mainstream payments.

Banks and governments have realized this, and have started to adopt Blockchain technology for their own benefit. Of course, the flaws of this emerging tech are still there (such as lack of scalability and fungibility) but it's improving over time in order to become as perfect as possible. One needs to know that Blockchain technology is not meant to be used for nearly everything in our lives. In some aspects, Blockchain cannot fit well due to its many limitations.

Which means that, Blockchain will co-exist with other existing technologies in order to make our world a better place. Perhaps, in the future, decentralization will become more widespread across the world, taking some dominance from the centralized realm. If this becomes a reality, then people would have more control over their identities and funds in a whole new way that was never before seen. Just my thoughts ;D

Essentially the middle man is another human, and humans are the most unpredictable kind of beings. We tend to trust machines and technology a lot more, and rightfully so. In Blockchain, you are putting that trust into cryptography and transparency. Transparency allows everyone to see and verify the rules, while cryptography ensures it does not get tampered. To verify something, a large number of nodes must all agree, which means they will outnumber any potential hacker. Thus, Blockchain is very hard to hack.

Blockchain is a good solution but definitely not the perfect solution. We all know that everything had its own advantages and disadvantages and Blockchain is not an exception. We cannot doubt the fact that it improves transaction speed, security and all that, but it is not perfect.

There are a number of healthcare organizations utilizing blockchain technology. Perhaps they have found use cases for private blockchains. In my research of the problems within the healthcare industry, providers may have difficulty accessing patient data due to the siloed nature of the data - in different databases and inaccessible when needed.

Completely agree with you, mate. There's not even a single technology in this world, that it's perfect. Every once in a while, flaws are discovered which reflect the humans' errors as a part of daily life. While this is true, we work our way towards minimizing or improving such flaws as much as possible. This applies to Blockchain technology as well. Since Bitcoin's creator is known to be human, and not a machine, many flaws are existent within cryptocurrencies and their underlying technology (which is the Blockchain).

Still though, Blockchain has the potential to transform nearly every industry in the world today. Its large applications are within finance, but it can also be used for identity verification/issuance, proof of ownership, elections, and more. It's not a perfect solution, but it's by far the best solution available to help change our society towards the better.

Nonetheless, I believe that as time goes by, Blockchain will continue to improve until it's near perfection. It's hoped that it will help improve our economy by bringing cheaper fees and faster transactions while eliminating the need for a middleman. Hence, it'll do well from now and beyond. Just my opinion :)

Yes.Blockchain is perfect solution.But not 100% perfect solution.More security should to be add soon as possible.There are so many hacking scene reporting in these years.Even then high security exchangers was hacked.There should be a system to prevent these types of hacking scenes.I doesn't mean hack proof system.That can't build any soon.But close to it at least a way to cancel the value of coin.What do you think about that?

Blockchain isn't the perfect solution to our problems but its sure an upgrade to current technologies as it offers unrivalled security and easy to use services

I do not know the relevance of blockchain in ID. But I think it may help a lot in different things today since we need right now is transparency. Blockchain technology will give us an adequate information on which, what and how a certain thing happen. If there is a blockchain technology, we can easily grab the data we need and it assure us that voting or election will not be corrupted by candidates.

Will just give a hope that using blockchain technology will help to have an effective voting system cause isn't tested yet. It is the use of blockchain to have certain limitations and we've never known how it works into the other areas aside from it is used into cryptocurrency.
I know we are into developing its system and quite to see more improvements and integrations in the future.

Agree, blockchain can have a lot of uses in the future like the above mentioned but for now it is only limited to cryptocurrency. Blockchain is still being developed and improve to be better so I guess we can expect more in the future or in the coming years.

The level of security that Blockchain technology provides, is more than enough to replace current systems of the old century. It may not be perfect, but developers from different projects and regions have worked effortlessly in order to improve the technology for the better. The best thing, is that Blockchain technology brings us a level of autonomy that's never before seen. For the first time in history, people can be in control of their own money and even identities by embracing such technology.

As time goes by, we'll be able to experience faster and cheaper payments that are possible to take the world by storm. It's only a matter of time before prominent entities like Banks, governments, and corporations realize this in order to use Blockchain technology more thoroughly.

Nonetheless, I believe that Blockchain technology will reach near-perfection within just a few years from now. Just my opinion :)

Blockchain technology is the solution to the modern problems that we are currently facing right now such as transparency and trust issues and with this technology, we don't have to worry about those issues anymore. There are a huge variety of uses with this technology maybe some people will not recognize it now because of negative impressions about the technology but sooner or later they will be surely using this technology in my own point of view. 8)

There is a reason why humans trust machines or new technologies these days and the word "TRUST" is one of the major reasons why if you get what I mean.

Well if the machines were programmed to just do that then people will be more likely to put their trust into the machine than the human, the blockchain transparency itself is a huge advantage, people have been trying to solve the trust issues that cause so many problems like corruption, nepotism and many more now finally blockchain arrives but it seems that people are still ignoring, so yeah. If blockchain is used for the right things it will massively benefits the society. People who says ill words about blockchain on more of social aspect doesn't seem to comprehend the real side of blockchain if used for right things.

The irreplaceable nature of blockchain is an important factor for financial institutions to care about and find ways to build applications based on their own blockchain, even considering it a payment solution of the future. However, until now blockchain has not become a popular payment method and has not really benefited electronic payment.

Agree. One needs to know that Blockchain is NOT a technology that can be applied to anything in our lives. It's not designed to be scalable, neither it's capable of handling situations in real time. Which is why, Blockchain will be capable of handling certain areas, while other technologies fill the gaps of Blockchain tech. Still though, it's not the perfect solution but it's the best thing available right now to help transform our society for the better.e

It helps to improve not only finance, but also our identities, and more. With adoption from banks and governments worldwide, we would be dealing with Blockchain technology in the future without even noticing it. Despite this, Blockchain has its setbacks just like any other technology created by man.

Nonetheless, time will tell us whenever Blockchain becomes fully implemented within the mainstream world. It's a solution which aims to bring transparency, security, and most of all, immutability of records. Just my thoughts ;D

Blockchain is among the very few revolutionary technologies in our contemporary world. Aside the usage of Blockchain to practice decentralization, Blockchain can be utilized by by almost every field or sector across the globe. Due to its digital ledger feature, every business, company, institution, firm etc can adopt and use it for the transparent storage of huge data and information under a well secured platform.

It's hard to find a perfect solution, as things change very often, blockchain is improving every day, it becomes stronger and much more mature, but I don't think it's perfect.

The more it will be adopted,  the more it will close to perfection, as most of weakness (high fees, scalability) will be fixed over time.

That's certainly true, mate. Perhaps, in the future, Blockchain will improve well enough to handle most of the world's transactions. But, even if Blockchain doesn't make it, another technology will. After all, we've seen how DAGs (which aim to be Blockchain's successor) have seen a recent surge in demand. New cryptocurrencies such as IOTA, Constellation, Coti, and Nano, rely on this new technology to deliver instant, and fee-less transactions.

Despite this, it seems that Blockchain ain't going away since it's widely used by Bitcoin and many other prominent cryptocurrencies on the market. With several improvements, it could become perfect enough to handle most situations in real life. Banks, and governments have started exploring the technology more thoroughly, which means that Blockchain may well be the solution of the future to transform our economy, healthcare, transportation, governance, and more.

Nonetheless, Blockchain seems to be the best solution around to solve most of our real-world problems. Just my thoughts ;D

Agree. Still, Blockchain seems to be the perfect solution for most things in our daily lives. For finance, proof of ownership, and immutable identities, Blockchain seems to fit well for such purposes. However, due to its many limitations, it cannot be used properly for storing data in a similar fashion as a regular database. Which is why, we'll continue to see other technologies being used on specific areas where Blockchain cannot satisfy daily needs.

With several improvements related to privacy and scalability, Blockchain will become better everyday. Banks and governments have already expressed their interest into it, so it should only be a matter of time before most of the things we do today will become transformed by the Blockchain. However, it's important to note that Blockchain can exist either in a decentralized or centralized manner. Given that centralized authorities will make use of the Blockchain, the system itself will be centralized for the whole world to use.

Of course, crypto will still exist in a decentralized fashion. But, mainstream Blockchain applications will definitely become centralized as they're backed by Banks and governments worldwide.

Nonetheless, I hope that Blockchain remains solid enough that no other technology could replace it. Just my thoughts ;D

That's certainly true, mate. But, I believe that's a factor related to the market and the crypto industry in general, than the technology itself. Volatility or unstable prices will always be there unless the whole crypto market becomes properly regulated within the mainstream world. On the other hand, Bitcoin's limitations in scalability prevents it from being used as digital cash. It's good as a store of value, which is why most people have been hoarding it instead of spending it to promote the crypto economy.

Still though, Blockchain technology is widely capable of handling the world's transactions no matter what. The real problem lies on the developers themselves which impose certain limitations to such technology (such as lack of scalability and privacy). However, if Blockchain's capabilities are used at their fullest, then you'll realize that it's perfect for mainstream finance. Some centralized cryptocurrencies have been doing this (like Ripple), allowing the Blockchain to process thousands of TPS without limitations.

Despite this, Blockchain is not perfect in the same way as any other technology developed to date, because it was created by a human. Which means, that there will always exist bugs that need to be minimized as much as possible over time. All in all, it's hoped that Blockchain will perform better in the future. Just my opinion :)

Imagine a blockchain based forum that claimed consensus from all members before censorship could be applied.

As close to perfect as..

I really agree with you, that we really need a difference with the existence of the blockchain that really helps us all, not just us. already a lot of companies have used blockchain technology in transactions.

Sometimes the problems that exist at this time, are anonymous which often troubles some blockchain users, most likely why the government is very reluctant to use blockchain technology, it could be anonymously like you really mean ...

Blockchain technology can be solution to the many challenges affecting people across the globe. It is about time governments especially those in developing countries adopt blockchain and invest hugely in this amazing technology.  With the right measures put in place and enough political will, life would be easier with blockchain.

The implementation of the Lightning Network, shows us that Blockchain technology itself is not self-sufficient or perfect. Its limitations in scalability, has led developers to look for other alternatives that would help remediate the situation. With a layer-two solution like the Lightning Network, Bitcoin could finally achieve a higher transaction capacity like never before. Sending money will be instant and dirt cheap, in contrast to other well-known cryptocurrencies on the market.

Despite this, Blockchain has its issues in the same way as any other known technology today. As long as it improves over time, it'll become closer to perfection. And knowing that Banks and governments have shown deep interest in this technology, gives us an indication that it'll be widely used within the future.

Nonetheless, slowly but surely, we'll get there as developers work hard on bringing the Lightning Network to the world, and several other solutions which are highly beneficial towards Blockchain's long-term success. Just my thoughts ;D

Actually, it can be the perfect solution to all of the economic problem today I guess. There will be no corruption if blockchain will really adopt by the government and use it because of it's transparency to all people. We all know they can't manipulate it that's why it is the best solution in some cases like that.
It may happen in the future but as of today, it cannot be applied because of many people that don't understand what blockchain is and what it can help in our economy.
I hope they can understand it immediately like many of ours so that people can be really happy and transparency to all people will be given.

I am excited to see what else Blockchain will help our system. I know this is a long run before we see the benefit but I think it will aid our corrupt system to become more transparent and avoid those powerful people to control our private data.

Banks now are in the study about Blockchain, I guess they are ready to jump anytime if ever Blockchain becomes mainstream. We are just waiting for the government to release regulations being favored with Blockchain and with cryptocurrencies.

So far, Blockchain seems to be the best solution for finance. Despite its setbacks, developers have been improving it every step of the way. Bitcoin being the world's most popular Blockchain, has been limited in terms of scalability and privacy. I guess that's why Blockchain hasn't been fully adopted by the mainstream world yet (apart from being somewhat difficult to understand). The crypto space needs to mature until it becomes solid enough to take over predominant financial institutions. Even so, Banks will still dominate the economy because they're largely backed by governments worldwide.

In the future, both Banks and governments worldwide will adopt Blockchain technology because of the many benefits it brings to our society. Immutability, and transparency of transactions prevent corruption and fraud in many ways. Which is why, Blockchain will become implemented within many areas of the world even if it's not perfect. Unless some other technology becomes available that's greater than the Blockchain, I don't see it going anywhere.

Nonetheless, Blockchain may not only be the perfect solution for our economy, but also for healthcare, transportation, proof of ownership, certificates of birth, and much more. Just my opinion :)

Yes, block chain is the real reason why decentralized and anonymity transaction is very effective. The block chain is the real reason for every successful transaction that has being made and it can be viewed publicly. I am pretty sure that with this technology integrated with other system will definitely help every transaction at ease like having a paperless transaction and all could be done online or digital.

This article is so interesting to know that how blockchain would benefit across different industries and i also find another article, link provided below, interesting where it states the blockchain misconceptions.
https://knowledge.wharton.upenn.edu/article/blockchain-brings-social-benefits-emerging-economies/

I personally say, of course... Blockchain is the perfect solution to answer all our needs for security, transparency, fast and efficiency. I am 100% sure that the bank system will be abandoned soon, all financial transactions will adopt the Blockchain system where all transactions are recorded in a ledger that can be seen and accessed by everyone.

Bitcoin may not have cured many things in our society, but Bitcoin may be the solution to the financial solution we have now. Blockchain technology is growing and if we really want to know if it will resolve most of the financial issues we have now it has to be in future. The current state of our financial system is full of corruption and full of enslavement and Bitcoin and blockchain is the solution to this. We are having the best system that if our governments will adopt will help in solving the problem that exists in our society and that system will be in blockchain technology.

The current things that are going on the Bank trying to adopt blockchain system to fasten and make their system more efficient, since blockchain can be used for centralized things aswell although there's nothing wrong but that alone make bank disappear a bit unrealistic to see from the current perspective as of now unless there's something that could really compete with bank.

This is a bit too ambitious. There is no such thing as 100% effective for science and technology.
There are rules, developments and inventions that apply only to a specific period. Blockchain is a very accurate and useful technological development for today's conditions. I'm sure a day will come out better. So in the future maybe we will be talking about other technological development, maybe future generations.

As you said, banks will soon be suppressed by blockchain-supported projects. Then these projects will put pressure from the better ones...

You can discover increasingly secure service  where youll be requiring yourself or a few pieces of your body as a secret phrase like fingerprint, facerecogniton this is verified as opposed to you keeping the secret key every one of your secrets facts save money on administrations that uses this sort of confirmation is verified.
Blockchain can be trusted due to so many reasons.
Its compatibility with other business applications due to its open-source nature and security. As it was meant for online transactions, the developers have paid special attention to keeping up the pace when it comes to its security.It really doesn’t matter what type of business one owns, Blockchain can easily be considered.

blockchain technology is very useful for supporting human activities with the system decentralized and secure so that control does not reside on third-party centralized. not only in the field of finance, this technology is useful also in various business fields like public services, health and other.

In my personal view, blockchain is not yet a perfect solution but a better solution for the perfect solutions to be built on.  Blockchain technology presents a system which is decentralized making it easier for people to join the blockchain network to share useful resources with no restrictions regarding who controls the amount of information sent or received.  In as much of its decentralized nature, I don't think Blockchain can be considered as the perfect solution. There is a long way for this technology...

It goes from each one, I think the blockchain system is a very secure system, but nothing is impossible, our government already imaginao join this system talves without fraud.

That's a perfect automatic system for controlling. If we would have a few PC's with the program, it easily could be broken. But blockchain prevents that.

many of banks are already trying to implement blockchain to their system, it is not like blockchain is unusable for all those big corporates. They even trying to develop it further to help them manage their system and make it more efficient, it seems like instead of pressing they will just found a more efficient way to manage their own system

BLOCKCHAIN IS THE KEY FOR THE NEW TECHNOLOGY!

I strongly agree that blockchain is the perfect solution of all. Blockchain is already been used in project studies and many more are studying it for future purposes. Blockchain is the wonderful technology that we should focus on than waiting for bitcoin to get high. If they implemented blockchain especially on that government system, it will be secured and no one can manipulate the documents.

Some of your mentioned use cases definitely are  good and can be made to reality but you are overstating a bit the potential of privacy on block chain. Governments will never allow total privacy on your money transactions because of tax and security reasons. The medical question also is not as simple as you can think because not only you need to access this data but also doctors in different locations.

Well to be honest I don't think we can completely eradicate the governmentally twisted society, we do have some ups and downs , some benefits and some bad sides but trust me this world sure is a very dangerous place and to be able to control it till this extent is actually a good thing.
What I think is that blockchain gives us strength and control that we always needed and banks and all gives us security and backup that we cannot go on without.
Integrating them both creates a beautiful picture, no one can go without the other .
I think it's an amazing addition to our economy.

For sure, Bitcoin defeats corruption and fraud in many ways. Its Blockchain technology may not be perfect, but it's the best thing around towards helping our economy improve for the better. Banks and governments worldwide have noticed this, adopting this revolutionary tech for their own digital currencies. While Blockchain is still a work-in-progress, it has high potential of transforming not only finance, but other areas of our society too.

With newly fond developments, Blockchain is now capable of handling a large number of transactions per second, as well as, providing little to no costs when sending payments worldwide. In contrast to existent payment processors, Blockchain provides cheaper and efficient transactions for the world. Its abilities can be expanded to way beyond finance, via the use of smart contracts. Which means that Blockchain technology could very well be the perfect solution for nearly every well-known industry in the world today.

Nonetheless, Blockchain will still be the perfect solution for finance unless another technology which is better comes into inception. Even so, it's hard to find a replacement for Blockchain after all. Just my opinion :)

The fact is that many government agencies have already realized the possibilities of new technologies and fully integrates the blockchain into their systems.  This applies not only to the banking system, but also to government structures.  It is a pity that certain governments in certain countries have a negative attitude towards cryptocurrency.

Exactly. If Blockchain wasn't a perfect solution for the world, many Banks and governments would've overlooked it. But, they've realized that Blockchain is extremely beneficial towards increasing transparency, reducing corruption/fraud, and lowering costs. When implemented across several well-known industries within the mainstream world, the results are outstanding. Perhaps in the future, if Blockchain technology becomes highly successful, it'll become a part of our daily lives. From healthcare, to transportation, and supply chain management, Blockchain will serve well its purpose.

Nowadays, it's already proven that Blockchain technology can scale towards millions of transactions per second. New consensus algorithms like DPoS and DAG make this widely possible. Within Bitcoin's early days though, Blockchain wasn't as robust as it is right now. As the years passed, many developments came in order to improve Blockchain technology every step of the way. Of course, Blockchain still has its flaws as with any other known technology today. But, it's the best thing around towards helping transform our society for the better.

Nonetheless, I believe that Blockchain technology will become widely adopted by countries worldwide. Those that are too restrictive towards Blockchain, will eventually adopt it as they grasp its benefits. Since it becomes easier to tax and track transactions within a transparent Blockchain, governments could take advantage of the situation. Hence, it's safe to say that Blockchain is the way of the future. Just my opinion :)

this indicates that the blockchain technology is accepted and becomes the solution in supporting activities in various industries, i think usage of blockchain technology will continue to grow in line with the necessities of the company and the consumer

It's a much better solution than using some of the fiat ways to do transactions. Usage just increases each day basically. Blockchain is really clever and doesn't seem to really need updating or changing.
For all that we have our altcoins. With all the different algo they use. A trustless service is the best service. I dislike human input because humans take time and I am not patient.

Blockchain technology is currently growing rapidly, many companies have applied it, starting from hospitals and others.

Even cafes in some countries have accepted bitcoin as a means of payment, and that's because they recognize blockchain technology.

Not to mention that humans usually makes more mistake than a robot that is specifically programmed just for that. A trustless automated system is what we needed at the moment to reach the peak of efficiency rather than just holding on the traditional way of managing our financials.

Blockchain system is not without flaws, but I am sure that it is very promising!
Unfortunately, I only know about the blockchain system from here https://bitcoinbestbuy.com/bitcoin-mining-guide/ (https://bitcoinbestbuy.com/bitcoin-mining-guide/) which tells how mining works.

Yes. For this reason, I believe Blockchain technology will become the epicenter of the world's industries within the not-so-distant future. Everything is already there to help transform our society for the better. Now, it's up to the people to adopt Blockchain in every way. The progress has been somewhat slow, since many people are still accustomed to the traditional Fiat system of the past. But, millenials are easily adapting to new technologies, making them embrace the Blockchain like never before.

Of course, we cannot hide the fact that Blockchain has certain limitations that prevents it from being used at a large scale. But, such limitations are being minimized as much as possible by hard-working developers. We now have the Lightning Network, DAG-based cryptocurrencies, and even fully private coins like Monero and Grin. Considering how far Blockchain has reached ever since it launched back in 2009, I'd say that it's the perfect solution for the mainstream world.

Nonetheless, as time passes by, new technologies will appear. Either the Blockchain keeps improving or it'll be left behind by a new technology which greatly overcomes Blockchain's limitations. But, it looks like Blockchain will be here to stay for a very long time. Just my thoughts ;D