Do we need blockchain technology?

[horrifiedx1]

Yes, blockchain technology is the real Internet. This is a must in the future information age. The birth of the blockchain protects the Internet. When information security is more perfect, the Internet will be used again on a large scale.

right, security is hard to hack, we know to send something must solve a lot of blocks, so I think it's hard for hackers to solve it one by one. besides that speed is an important reason to support performance in order to follow the needs of an agency, as currently many banks have implemented that system

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[Moshaid]

I agree with you, recents projects on the blockchain stream doesn't worth their hype apart from some essentials ones that are showing great use case and importance. I think their should be an intermediary where new projects can be reviewed before sales this will help in regulating scam and unwanted projects on this stream. 

[jikurpa]

one day the technology will be needed in the times and technology and maybe the blockchain is made to answer those needs

[2chase]

In fact, among the huge number of useless projects in which the blockchain technology is absolutely not needed, there is also a very large number of projects that really allow for qualitative improvement in many areas of life thanks to the blockchain. First of all, this is all connected with the need to store and take into account a large amount of digital data.

[FlightyPouch]

one day the technology will be needed in the times and technology and maybe the blockchain is made to answer those needs

Every technology being made are used, and that is the reason why technology are made, it is because we need it to make our lives and works efficient and more comfortable. With a lot of technologies being made, we can't keep up. Blockchain is being studied for a long time now and there are technologies already that is based on the Blockchain. If I am not mistaken, theres this play table where in it was implemented with the blockchain technology. But for me, technology is not needed, it is just there to make ourselves more comfortable with our jobs or work, more likely we want it not need it.

[ecnalubma]

Yes we need blockchain but it depends on what type of application most of the projects don’t need it necessarily or they just jump on the bandwagon in the fear of missing out. Having blockchain to be applied in sectors that need transparency must be push while projects with no use will fail.

[aditasetia123]

Yes we need blockchain but it depends on what type of application most of the projects don’t need it necessarily or they just jump on the bandwagon in the fear of missing out. Having blockchain to be applied in sectors that need transparency must be push while projects with no use will fail.

blockchain actually could be implemented in any field.such as banking sytem, election sytem ,and soon.some country already applied blockchain technology in their system.

[loloos]

Yes, because the blockchain technology is must needed in the crytpo world, as it records all the transactions done.
And the transactions once officially recorded will not be lost. 

[darklus123]

Many people are asking these questions. In fact, many people cannot understand the true meaning of the blockchain. The blockchain is already the consensus of high-end people. Future blockchains can even change every corner of life. This is the only evidence that the Internet can exist for thousands of years.

The blockchain technology is not only for the means of digital world,it can gives us the transperency with security over anything,this can be implemented in to many real life things other than the crypto currencies.But still many people not aware of blockchain technology but they still complaining about it and they tell it is scam.

because they don't understand the technology it self they were only aware that this technology can be a medium for illegal activities because of the security that this technology provides. Internet will surely exists as long as the technology will continue to grow

[gegewojinnian18]

Usually most people are ignorant of the future judgment. You don't know the blockchain. In fact, the blockchain is the real Internet. The development of the blockchain in the future is ten times that of the mutual understanding network, but I don't think you probably understand it.

[munareal]

The blockchain technology can be used in many other projects that can change all aspect of our lives. The blockchain is the protocol behind the crypto economy but has other uses that will give transparency and efficiency.

[mega_carnation]

Technology needs to be adopted and blockchain is one of it. This includes the dependency of the company or government that will start to use it within their system. If they want to give people transparency then they should start using it but if they don't want to, they can also adopt it but they don't have to publicize it.

[Douglasyukanov]

all of this is a consequence of all the many blockchain service innovations that are abusing or preliminary experiments to find out how far blockchain technology works,
but there are also certain people who use blockchain technology with elements of laundering and fraud.

[jatin729]

Yes we need because there are certain things in the centralised system that only can be solved by decentralised system i.e. Corruption, theft of personal data and blockchain can change the banking industry like never happened before.
But still most of companies don't want to implement blockchain because of controversy of crypto but there are more than enough applications of blockchain rather than only crypto.

[Kiryahs]

There are projects that we dont need, thats right... These projects have no future. But there are some that bring us new tech, something that we've never even dreamt of... Blockchain is future.

[Pab]

Whatever we need or not blockchain will our daily life
Many will not know that they are using services supported by blockchain
China already is using blockchain for food tracking
now they are developing blockchain to protect intellectual properties from spying
there is estimate that blockchain industry value will reach over 2 trillion dollars
 

[rafi035]

the possibility can happen without anyone knowing it and the blockchain technique was created with economic and technological developments so that in the future it will be needed

[logicgate]

The blockchain technology can be used in many other projects that can change all aspect of our lives. The blockchain is the protocol behind the crypto economy but has other uses that will give transparency and efficiency.

Agreeing with the statement I must say that we are in need of those useful technologies. We should promote it as much as possible because it is goanna be the base of business lights. Now some companies are issuing the salaries through blockchain which could appear as contribution in huge price graph of bitcoin so same as you I think we need this technologies.

[Danslip]

The blockchain technology can be used in many other projects that can change all aspect of our lives. The blockchain is the protocol behind the crypto economy but has other uses that will give transparency and efficiency.

Agreeing with the statement I must say that we are in need of those useful technologies. We should promote it as much as possible because it is goanna be the base of business lights. Now some companies are issuing the salaries through blockchain which could appear as contribution in huge price graph of bitcoin so same as you I think we need this technologies.

I am agree with your opinion regarding the usefulness of blockchain technology. Currently Western Union payment network is busy with testing the blockchain for fast-forward payment solutions. Paying salaries is not look like real contribution to society if we gonna consider the trouble,problem factor during paycheck period.

[lovesybitz]

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.

Well I guess you must know the benefits first of the blockchain technology. Remember that with it bitcoin will never be created as well.
Meaning, bitcoin and Blockchain has a connection to one another. Only the business owner who understand what blockchain is will adopt iots concepts. And as we all know that blockchain too are decentralized and no wonder why most of the government are against with it.