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Author Topic: Do we need blockchain technology?  (Read 11511 times)
Sengoko
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November 03, 2018, 06:56:01 AM
 #361

I don’t really know if that is right, whether we need Blockchain technology or not! But a lot of people do say that with Blockchain tech. That the government will be able to stop corruption but I don’t think that is true. Why I’m saying this is because anyone can make away with money through Bitcoin or any of these anonymous coins like monero or zcash and there will be no way to trace who was behind such. And there are lots of shit coins everywhere but I’m not worried about that.
passeroutpass
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November 03, 2018, 08:29:23 AM
 #362

Blockchain technology is an innovative technology that can be applied in any field, from the service sector to the political and economic spheres. It just is so not used. Just until there were enthusiasts who will create a project applicable at the political level. Also, not all officials will approve such projects and implement technology in economic activities. Especially in corrupt countries.
coinfinger
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November 03, 2018, 08:45:38 AM
 #363

The use of blockchaine technology is not limited to the cases you mentioned. This technology is very comprehensive. First of all, it can be used where it is necessary to store a large database with a high degree of security in the mode of permanent access to this database via the Internet. This makes it possible to coordinate the various actions of sellers and buyers, tenants and employers, and so on across the globe. This perspective was opened for the first time.
You can only be able to trace those that are making use of a regulated wallet and not wallets that are not being regulated. With Bitcoin, of course you can tell the actions that people are taking and be able to keep records, but you’re not able to know who is behind those transactions. One person can create many addresses on the Blockchain as much as they want.
PaulRobertT
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November 03, 2018, 09:00:27 AM
 #364

As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.
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November 03, 2018, 09:14:53 AM
 #365

Application Blockchain technology is endless. Only open-minded ones look for simple electronic solutions to solve real problems, and Blockchain technology will blow the minds of countless industries.
popolite11
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November 03, 2018, 03:12:04 PM
 #366

We do really need blockchain technology because it is not only about digital currencies - it can be utilized in various spheres of our life starting from data storage and ending with the elections system.
Do we need all those tons of altcoins? Of course no, and life will set things straight and let survive only those alts that are supported by a clearly demanded product.
All in all, I personally continue believing in the long life of blockchain and wait eagerly for all the news regarding its use in everyday life.

Many famous companies use it already, and they succeed in their business. Naturally, we need the blockchain. These technologies will help the counties to improve their economy and make the life of their people better.
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November 03, 2018, 04:54:25 PM
 #367

How else would we send money accros the world as easy as we can do it now with Blockchain tech?
diamond_shine1
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November 03, 2018, 05:26:17 PM
 #368

we need with blockchain power, it makes it easy for all access, fast and cheap transaction costs See in Asia, many banks have implemented a blockchain system on their bank

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November 03, 2018, 05:41:30 PM
 #369

I think not only needed, but simply necessary. Blockchain technology helps to integrate many projects, gives transparency to everything.

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November 11, 2018, 11:20:57 PM
 #370

As far as i have read about articles online that prove blockchain technology to be helpful in boosting ones economic status of a country and operations of companies that embrace the said technology. With that, i can conclude too that blockchain technology is really important technology in this era.

cahbagus555
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November 12, 2018, 07:18:08 AM
 #371

As far as i have read about articles online that prove blockchain technology to be helpful in boosting ones economic status of a country and operations of companies that embrace the said technology. With that, i can conclude too that blockchain technology is really important technology in this era.

Its true, blockchain needed to make service more faster and secure the data. In bussiness, blockchain can reducing a lot cost and it will make company expand the bussiness and more jobs created. In government, government can secure the data and i am believe government service will more faster using blockchain.
BitTraderCute
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November 12, 2018, 07:51:39 AM
 #372

As far as i have read about articles online that prove blockchain technology to be helpful in boosting ones economic status of a country and operations of companies that embrace the said technology. With that, i can conclude too that blockchain technology is really important technology in this era.

Its true, blockchain needed to make service more faster and secure the data. In bussiness, blockchain can reducing a lot cost and it will make company expand the bussiness and more jobs created. In government, government can secure the data and i am believe government service will more faster using blockchain.

blockchain function needed by any field.its technology bring effectiveness to provide secure data and speedity transaction.by using blockchain sytem, job could be done faster than before and it would reduce cost.
fly99
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November 12, 2018, 08:26:46 AM
 #373

You don't have to worry about blockchain technology, but you know that you can see that many blockchain technologies on the market will not be future. The blockchain needs a growth period. The 5G commercial + blockchain + artificial intelligence is linked together, and the blockchain must be able to reshape the world. But you can't invest blindly now.

yugyug
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November 12, 2018, 04:45:39 PM
 #374

Blockchain technology is an innovative solution for transparency, tamper-proof but private data security. Although blockchain was firstly applied to cryptocurrency like bitcoin but its use case does not limit on that field . There are other companies and other financial and banking institutions are already adopted this kind of technology. It also applied to supply chains, manufacturing, medical records, food supplies and even voting systems. So in our day to day life's routine blockchain could still be a part if it many years to come.
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November 18, 2018, 01:31:11 AM
 #375

Sometimes, not many fields, applications need Blockchain, but I can't name application needn't Blockchain, I can name apps need Blockchain such as Supply Chain, Identity... It solves Transparency and Efficiency problems
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November 18, 2018, 03:07:46 AM
 #376

As far as i have read about articles online that prove blockchain technology to be helpful in boosting ones economic status of a country and operations of companies that embrace the said technology. With that, i can conclude too that blockchain technology is really important technology in this era.

Its true, blockchain needed to make service more faster and secure the data. In bussiness, blockchain can reducing a lot cost and it will make company expand the bussiness and more jobs created. In government, government can secure the data and i am believe government service will more faster using blockchain.

blockchain function needed by any field.its technology bring effectiveness to provide secure data and speedity transaction.by using blockchain sytem, job could be done faster than before and it would reduce cost.
Until now, the blockchain is still being developed for other things, especially if it's related to the blockchain. so, right now, the world really needs this technology to develop even more.

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posi
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November 18, 2018, 03:40:12 AM
 #377

As far as i have read about articles online that prove blockchain technology to be helpful in boosting ones economic status of a country and operations of companies that embrace the said technology. With that, i can conclude too that blockchain technology is really important technology in this era.

Its true, blockchain needed to make service more faster and secure the data. In bussiness, blockchain can reducing a lot cost and it will make company expand the bussiness and more jobs created. In government, government can secure the data and i am believe government service will more faster using blockchain.

blockchain function needed by any field.its technology bring effectiveness to provide secure data and speedity transaction.by using blockchain sytem, job could be done faster than before and it would reduce cost.
Until now, the blockchain is still being developed for other things, especially if it's related to the blockchain. so, right now, the world really needs this technology to develop even more.
Yes, youre right about that because the blockchain potentials was the same reason why some government and the banking sectors respect crypto currency. Besides, when something has bunch of potentials like blockchain alot of it admirer are expected and very project have it own unique which is why I believe they supporters even if the project seems to be of no use to us in the crypto  and blockchain sphere as awhole.

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November 18, 2018, 03:45:27 AM
 #378

I think not only needed, but simply necessary. Blockchain technology helps to integrate many projects, gives transparency to everything.

That is right. Blockchain is not really needed by us since there are a lot of alternative ways to improve the transaction.

Blockchain is not the only way to develop or inprove the transaction but at this moment, Blockchain is the most favorable technology that is available. Also, blockchain technology can be applied to other things, there is this game that is also using a Blockchain technology, it is great and it may lead us to new technologies in the near future.
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November 18, 2018, 04:28:40 AM
 #379

blockchain technology is the most important aspect of crypto currency transactions, even in addition to crypto currencies, now blockchain technology has been used in several other aspects, therefore I think we really need blockchain technology
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November 18, 2018, 06:19:25 AM
 #380

Blockchain technology is needed in the current application such as cryptocurrency systen that we need for transaction. Blockchain teknology can used for militery system, education, and others. As we know, blockchain teknology make  the system simpler than the existing system and to be future system. With this system  can decrease cost and more effcient. That's why we need blockchain technology
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