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Author Topic: Blockchain as a revolutionary technology?  (Read 612 times)
coinswebid
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March 29, 2018, 08:49:11 AM
 #41

the truth about blockchain is an experimental technology,,
so, pros and cons will always come to this blockchain,
but, in personally i believe blockchain tech will change the world soon or later  Wink

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97percent
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March 29, 2018, 08:57:37 AM
 #42

Blockchain not only revolutionary but it is a breakthrough in technology. We will see it will become the main platform for the financial system in the future.

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March 29, 2018, 09:05:54 AM
 #43

Blockchain is a hierarchical database that allows the transmission of information stored on an encrypted system, thus ensuring very high data confidentiality. Blockchain technology is designed to resist data changes, once someone performs a bitcoin transaction or any virtual currency the data will be recorded and there is no way to change it. The blockchain is like a ledger that records all transactions and updates that take place simultaneously on all computers in the network. Blockchain technology allows users to make payments online directly without intermediaries and without any individuals or organizations. Blockchain was born paving the way for a fast, convenient and cost-effective e-commerce payment revolution.
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March 29, 2018, 09:15:39 AM
 #44

Definitely yes. Many leading companies either use or implement blocking technology. Another question about crypto-currencies. How much they are necessary and useful
really what you say. if large companies have started researching and constantly searching for information about blockchain technology with all its advantages and disadvanteges, surely they will apply it to their corporate systems. because more advantages compared with the weakness

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March 29, 2018, 10:11:40 AM
 #45

Definitely yes. Blockchain technology is a technology that will continue to evolve over the next hundred years. Everything in our everyday life will be integrated and used in this technology.
This is real revolution Wink

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pharaon
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March 29, 2018, 10:21:24 AM
 #46

Definitely yes. Many leading companies either use or implement blocking technology. Another question about crypto-currencies. How much they are necessary and useful
Why do you have doubts about the usefulness of other crypto currency, because in addition to blockchain and bitcoin technology, there are many other interesting and promising projects. I also believe that in the future we will use crypto-currencies as a means of payment.
marmeladko
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March 29, 2018, 10:25:01 AM
 #47

Yes, I think that blockchain can change your life for better. It will improve all industries, starting with financial markets and ending with medicine. And no matter what will be with cryptocurrency world, blockchain will live forever.

jinxing
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March 29, 2018, 10:39:19 AM
 #48

I think blockchain is a revolutionary technology. Because this technology is very helpful in protecting data. Not only bitcoin using this technology even other companies such as banking companies also use blockchain technology. And this is very helpful.
zetoteam
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March 29, 2018, 10:42:16 AM
 #49

It's transformational technology.
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March 29, 2018, 10:51:02 AM
 #50

Definitely yes. Many leading companies either use or implement blocking technology. Another question about crypto-currencies. How much they are necessary and useful

Alts, like most startups, need to be clearly addressing a serious pain-point in order to survive long-term.
kashwin663
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April 03, 2018, 05:07:23 PM
 #51

Hi guys, have you ever thought about blockchain? If it is really revolutionary technology? I am reading many pessimistic opinions and articles, that it is not good technology. For example speed and massive adoption, we see this problem in Bitcoin blockchain and the transactions on blockchain, because it is the oldest one and there are the biggest number of transaction stored in blockchain, will this happen to every altcoins in the future? Will the Lightining network solve this problem? Why the Lightning network is not fully released - thanks to the miners - they want bigger rewards or? And what about mining - what will happen if we invent a quantum computer? Could we really trust in decentralized anonymous transactions in today's world?

Looking for your replies.

I belive that it is really revolutionary technology because it allows for radical disintermediation of multiple global industries and digital currencies and other financial instruments and beauty blockchain is you do not need to talk to vendors before you start leveraging it example if I wanted to send you money today I do not need a circle or coinbase account I could just open up a free and open source bitcoin or ethereum client and send you the funds immediately and The same is true for smart contracts also
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June 04, 2018, 06:06:10 PM
 #52

I think that this topic is interesting for many people. Bumping this post to see more interesting arguments!


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June 04, 2018, 06:14:54 PM
 #53

There are better technologies than a classic blockchain.

For example DAG (IOTA´s kind of blockchain, blockchain 3.0) which solves scalability and transactions are much cheaper!

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Sarisang
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June 04, 2018, 06:44:52 PM
 #54

the blockchain is a system that not only could be used for crypto, but blockchain has a vast field. transactions in a transparent blockchain and certainly can be trusted to make blockchain more and more are adopting. in all the world is starting to become a new innovation that is very useful and worth to be used.
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June 04, 2018, 07:24:52 PM
 #55

blockchain is a revolutionary technology for the simple reason that it makes trust in transactions without third parties.People are now trying to develop it for the better.
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June 04, 2018, 07:30:54 PM
 #56

Blockchain will definitely redefine the future of this planet. We can currently see and experience the action of Blockchain manifesting in various sectors- health, sports, finance, manufacturing, and so much more. We are in a good race, let us hope for more goodies
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June 04, 2018, 07:42:38 PM
 #57

Yes. Its a indeed a revolutionary technology. We have seen many organizations are making plan with it in differenct sectors like banking, accounting. Also I think future supply chain industries will run by blockchain technology too.
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June 04, 2018, 07:44:43 PM
 #58

Blockchain is a very young technology to make any conclusions. In next 5-10 years society will be assimilate thes technology and the we will answer you question.
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June 05, 2018, 11:06:06 AM
 #59

I think this is not so revolutionary technology. But this is good opportunities to create electronic currency and electronic goverment.
Also this is good opportininties for business to collect money for create new products and other technologies.
This technology will develop and will stay more faster ans safety.
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June 05, 2018, 11:10:07 AM
 #60

Blockchain has been a revolutionary technology, the block chain as the Internet, if who made a block chain development priorities, so which country relief has dominated the world, and this is where the various national development blocks in the cause of the Blockchain.

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