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Author Topic: Will governments use blockchain in international agreements  (Read 332 times)
cah ndablek
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April 16, 2018, 03:16:03 PM
 #41

With rapid technological advances,it is surely possible for major countries to rely on smart contracts to simplify the transaction process and more because this system can reduce the occurrence of corruption and make it easier for someone when they want to do the buying and selling process online.

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Silberman
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April 16, 2018, 03:28:59 PM
 #42

How do you think, when governments of countries are going to start using blockchain technologies in international agreements? Can smartcontracts protect from falsity on that level?
I really do not see why they will want to do that, international agreements are not just signed by two people, there are entire delegations of people negotiating about every single thing that is in those agreements, creating a smart contract will not allow to break the treaty in the future and we know that happens all the time, so I really doubt that is going to happen.
wladsem555
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April 20, 2018, 09:23:56 AM
 #43

I think this is an interesting question. First of all, it is necessary to understand exactly where in the international agreements the technology of  blockchain can be applied. If it concerns certain dates and stages of implementation by the governments of the countries of concerted actions and the signing of specific documents, then it seems to me that the technology of blockchain can be applied. If it is a question of the negotiation process of governmental delegations and international conferences, then the application of this technology can cause difficulties.
bitfocus
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April 20, 2018, 09:30:21 AM
 #44

major governments, even some from the 3rd world countries are taking the blockchain seriously along with major banks - eventually, every government will create their own centralized crypto with their blockchain.
Rose119
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April 20, 2018, 09:34:52 AM
 #45

How do you think, when governments of countries are going to start using blockchain technologies in international agreements? Can smartcontracts protect from falsity on that level?
I really do not see why they will want to do that, international agreements are not just signed by two people, there are entire delegations of people negotiating about every single thing that is in those agreements, creating a smart contract will not allow to break the treaty in the future and we know that happens all the time, so I really doubt that is going to happen.

Honestly I also doubt that.
And I think in many year that it will happen.
GeorgiyBilyk
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April 20, 2018, 10:08:04 AM
 #46

finally, the world begins to slowly take the bikkin and all the crypto world into their own hands! I am sure that those countries and people who resist the development of the crypto market will sooner or later surrender and take in their lives a new era of money!

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daarul50
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April 20, 2018, 11:30:20 AM
 #47

Maybe all governments will use blockchain technology when they start to get entangled with the increasingly chaotic economic conditions because many irresponsible parties use fiat money for money laundering activities. When they are desperate and do not know how to handle the problem then blockchain technology is one of the best solutions to handle the problem
Silberman
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April 23, 2018, 09:12:23 PM
 #48

Maybe all governments will use blockchain technology when they start to get entangled with the increasingly chaotic economic conditions because many irresponsible parties use fiat money for money laundering activities. When they are desperate and do not know how to handle the problem then blockchain technology is one of the best solutions to handle the problem
It is very unlikely that governments are going to try to use the blockchain technology in order to avoid money laundering activities, first of all because most money laundering activities goes through banks and governments know they could solve the problem by imposing very harsh regulations on banks but they simply do not want to do it, why? Because many corrupt government officials use those services as well.
almersyn
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May 12, 2018, 07:40:49 PM
 #49

How do you think, when governments of countries are going to start using blockchain technologies in international agreements? Can smartcontracts protect from falsity on that level?
The current growing technological block is growing rapidly. As soon as the government will make blockchain become one of the systems in a field. In the banking sector I think there are many who use blockchain
asbak66
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May 12, 2018, 08:02:43 PM
 #50

For blockchain yes because blockchain is not only about bitcoin but is very big than that
Example on bank industries blockchain can prevent from any crime through bank such as money laundry,corruption activity or anyone else that brake the law since because of its decentralized system

zolfa
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May 12, 2018, 08:41:50 PM
 #51

do not you know that the panmunjom declaration between south korea and north korea in the peace agreement that happened in the last few weeks, is noted in blockchain ethereum. and it's done by Ryu Gi hyeok. i read from coindesk that he is a gamer.

even banks also plan to use the blockchain system, after they lose consumptions, with the purpose for increase consumers again.
machineskill
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July 05, 2018, 08:55:47 AM
Last edit: August 05, 2018, 11:36:39 AM by machineskill
 #52

Blockchain will bring alot of utility also for dis life. It is also an important step. Just as the invention of light bulbs, the internet, ... it has changed our lives.Blockchain means not only bitcoin or cryptocurrencies but alot of thing can be on blockchain which will make everything transparent to whole citizens.
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