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Author Topic: Do we need blockchain technology?  (Read 11509 times)
primejia
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September 15, 2018, 09:55:30 AM
 #221

This is the time also that we accept the reality, even though digital currencies not takes place over fiat but it is necessary to be a part of this. Blockchain technology bring us into a new beginning, having a new life style.

even though I don't like the banking system, but the world needs an independent system where blockchain is able to make everything transparent in every transaction that happens, but blockhain has a process loading problem if it experiences a surge in transactions, this is a big problem if the world starts using it massively, at least this needs to be handled first.
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September 19, 2018, 11:10:33 AM
 #222

The technology of the future is unequivocally necessary, because it will bring a lot of new things with which people will work safer and more profitable.

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September 19, 2018, 01:29:10 PM
 #223

Throughout history, man has always sought and found better things. People don't confine oneself to for things , they always try to invent new things about the future. Blockchain technology will enable all sectors to work better.
Blockchain is innovative system for transaction records. It means that it is secure and safe since every amount is being digitalized and logged into a ledger where anyone can view and check, it can avoid the falsification of records and corruption among organizations. I think blockchain will be beneficial to economic aspect of a particular country specially when properly regulated.
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September 20, 2018, 12:15:26 AM
 #224

Well, there are too many social media on centralized servers why not on Blockchain? Don't you think that having Steemit as the only Social Media on Blockchain  is equally Centralization?
Free market should be allowed to thrive on Blockchain not just on centralized Internet.
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September 20, 2018, 03:03:36 AM
 #225

Tsukuba city government, Japan. Successfully try blockchain based collection system. This trial was conducted on 28 August. In the voting system, it is carried out using an identity card in a decentralized network typology.

Maybe it's one of the benefits of Blockchain technology that is applied to many people.
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September 20, 2018, 03:07:28 AM
 #226

Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.


Please enlighten me.
 
They use Blockchain technology because this is the technology of the future. Some transactions will become faster and those businesses want to promote blockchain technology worldwide and that is why. Blockchain technology is really needed for the future and ICO project owners are just wanting to seize the tremendous opportunity to get rich.

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September 20, 2018, 04:24:00 AM
 #227

The technology of blockchain is very useful for humanity in this age of the Internet. It helps solve practical global issues, primarily information on a global scale, helping to secure a large database for public viewing and use on the Internet. Crypto currency, this is only a small part of the application of this technology.

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September 20, 2018, 07:36:34 AM
 #228

Blockchain is distributed ledger based technology which is more secure and trusted than any other technology,  It is faster, open source no need special permission to come into blockchain world. There are many applications where blockchain can be used for i.e. financial institutions, Dapps, supply chain and logistics and many more. wide number of application.

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September 20, 2018, 07:45:01 AM
 #229

Blockchain is distributed ledger based technology which is more secure and trusted than any other technology,  It is faster, open source no need special permission to come into blockchain world. There are many applications where blockchain can be used for i.e. financial institutions, Dapps, supply chain and logistics and many more. wide number of application.
and today many government and institution begin to implement blockchain technology in their field.and maybe on 2020 could be moment for implementation blockchain technology in any fields.
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September 20, 2018, 07:49:30 AM
 #230

Blockchain is distributed ledger based technology which is more secure and trusted than any other technology,  It is faster, open source no need special permission to come into blockchain world. There are many applications where blockchain can be used for i.e. financial institutions, Dapps, supply chain and logistics and many more. wide number of application.
and today many government and institution begin to implement blockchain technology in their field.and maybe on 2020 could be moment for implementation blockchain technology in any fields.
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September 20, 2018, 09:11:23 AM
 #231

Hello everyone

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.


Please enlighten me.


There are too many projects that seek to collect funds in the name of Blockchain technology, while few are adopting the Blockchain to solve real life problems and only these kinds of Project would survive in the future. You don't have to worry about that anyway,I advice anyone in these space, "do not invest into some garbage ICO"
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October 10, 2018, 03:18:01 AM
 #232

Well, ICOs means that more and more opportunities for crypto currency to grow by competition. But then again, most of these crypto currencies that make it to the exchange doesn't survive long enough to be of any use or even achieve adoption. They're usually pumped then a huge down trend to becoming s sh*tcoin.

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October 10, 2018, 03:30:42 AM
 #233

in that case, some businesses don't really need blockchain, but for financial reasons, the existence of blockchain is needed by everyone
because the other function of blockchain is to make all transactions that occur, safer, cheaper and faster. Everyone must be able to use blockchain in the right interests, not in advertising systems, blogging and so on, where there are already centralized parties that are already perfect, although there must also be those that require transparency and require using blockchain
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October 10, 2018, 04:40:39 AM
 #234

I don't care about how highers of technology by blockchain, I am focus on how can I increase and take much profit with bitcoin and altcoin investment, trying buy altcoin or bitcoin at lower price and keep selling when higher price of bitcoin or altcoin. Always doing the same thing every day.
wahyu wida
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October 10, 2018, 04:51:28 AM
 #235

I don't care about how highers of technology by blockchain, I am focus on how can I increase and take much profit with bitcoin and altcoin investment, trying buy altcoin or bitcoin at lower price and keep selling when higher price of bitcoin or altcoin. Always doing the same thing every day.
i know what you mean. as long as there is an opportunity to make money, then it is used as well as possible. like blockchain technology, which carries cryptocurrency. but we need to remember that blockchain has been used in several companies to support its activities
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October 10, 2018, 06:11:43 AM
 #236

I don't care about how highers of technology by blockchain, I am focus on how can I increase and take much profit with bitcoin and altcoin investment, trying buy altcoin or bitcoin at lower price and keep selling when higher price of bitcoin or altcoin. Always doing the same thing every day.
i know what you mean. as long as there is an opportunity to make money, then it is used as well as possible. like blockchain technology, which carries cryptocurrency. but we need to remember that blockchain has been used in several companies to support its activities
well, that means this technology has been badly needed by some large companies. Well, I know, so many companies are trying to use blockchain. it can be said that blockchain is needed for current development.
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October 10, 2018, 06:32:04 AM
 #237

People are trying to make money from simple projects that are really trash, some others invest and lose their money, and these worthless projects are being abandoned by time. Don't worry about technology and blame people for being so stupid. However, blockchain technology is a universal technology that can be used for various valuable projects.

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Bitcoin_Delivery
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October 10, 2018, 06:38:54 AM
 #238

Blockchain is distributed ledger based technology which is more secure and trusted than any other technology,  It is faster, open source no need special permission to come into blockchain world. There are many applications where blockchain can be used for i.e. financial institutions, Dapps, supply chain and logistics and many more. wide number of application.
and today many government and institution begin to implement blockchain technology in their field.and maybe on 2020 could be moment for implementation blockchain technology in any fields.
Right now blockchain technology is being developed in many countries because blockchain is now a new technology. not a matter of bitcoin but people are attracted to this technology which is indeed efficient
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October 10, 2018, 06:55:44 AM
 #239

Blockchain technology has become very popular since the price of bitcoin soared in December 2017. At that time its name was increasingly known to the public. However very rarely do people have a clear idea about this technology.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

If I had a company, I would implement it into the financial system which's in my company. Because, blockchain technology is very reliable in automating hundreds of transactions, even if only in seconds.
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October 10, 2018, 01:40:36 PM
 #240

Blockchain technology is a revolutionary innovative technology that, if used correctly, can make positive changes in the economic sphere and trade relations.
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