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Author Topic: What are the opportunities we have in blockchain?  (Read 1280 times)
jatin729 (OP)
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March 31, 2018, 11:44:41 AM
 #1

Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities  students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized

Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.

Guyz Share your thinking and idea so we can explore more about blockchain

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April 01, 2018, 08:40:49 PM
 #2

One of the major advantages I think is not actually the payment system potential, but the functionality that smart contacts offer.

Bitcoin is definitely lagging behind in this area, as it will either require a few forks, or sidechain implementation to approach the smart-contract functionality offered by its rivals, but once it gets there, decentralized applications and decentralized file storage systems are only a matter of time.

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franky1
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April 01, 2018, 08:50:30 PM
 #3

avoiding 'currency' usage:
voting
law creation
land registry
identity
credit rating
school qualifications
manufacturing/supply control
asset audits
public notaries
patent timestamping
time limited licence application/renewal/acceptance

the list goes on

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April 01, 2018, 09:00:09 PM
 #4

avoiding 'currency' usage:
voting
law creation
land registry
identity
credit rating
school qualifications
manufacturing/supply control
asset audits
public notaries
patent timestamping
time limited licence application/renewal/acceptance

the list goes on

Bitcoin isn't capable of most of these with its limited smart contract functionality, which is why it probably wont succeed as the number 1 crypto forever.

I think that most of these are covered by individual altcoins, but a truly functional smart-contract system would allow for all of these to be handled by a single coin, NEO and EOS are approaching that level of sophistication, ethereum is lagging behind.

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April 01, 2018, 09:10:04 PM
Last edit: April 01, 2018, 09:28:13 PM by franky1
 #5

Bitcoin isn't capable of most of these with its limited smart contract functionality, which is why it probably wont succeed as the number 1 crypto forever.

I think that most of these are covered by individual altcoins, but a truly functional smart-contract system would allow for all of these to be handled by a single coin, NEO and EOS are approaching that level of sophistication, ethereum is lagging behind.

topic title is about "blockchain" not "bitcoin"..

but anyway it doesnt really need sophisticated smart contracts for the list i done.
also smart contracts are not about blockchain technology, but about transactional tech

sophisticated smart contracts can make things happen even if the owners node is switched off as they are self activating after the fact, on the network
however even just using <bitcoin address><value> people can make bitcoin wallets that react in many different ways. without neding smart contracts at all so the list is not something which cannot be done today

as for the future, ANYTHING is possible and the list would be too big to write

but here goes sticking purely to blockchain tech
sidechains -  instead of one chain/archive of data. there can be many regional archives of data that are then archived by a ultimate chain
hashchaining - instead of blocks of transactions/ cleartext data, blocks of hashes which separately/offchain has meaning/utility
command chaining - instead of transactions. commands can be chained

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April 01, 2018, 09:59:00 PM
 #6

The biggest opportunity in blockchain is that security to our coin and money why. The blockchain has or using a 256 encrypted mix password or privatekeys. And base on my research it is not easy to hack and no one this earth can do it now. Maybe next few decades if they decrypt it.
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April 01, 2018, 10:02:56 PM
 #7

Application of blockchain is so huge, that could find applications in any field, in my opinion, the most promising are finance, trade, security and medicine.
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April 01, 2018, 10:06:40 PM
 #8

Blockchain is not the only interesting technique of cryptocurrencies. There's the p2p networking, the actual cryptography, the consensus algorithms like proof-of-work and proof-of-stake, privacy features like zk-snarks and ring signatures.
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April 01, 2018, 10:11:50 PM
 #9

We have several opportunities with blockchain, such as Supply chain management, Quality assurance, Accounting, Smart contracts, Voting etc.

Only a few blockchains (from different coins) have the opportunity to create smart contracts. You can not create it on bitcoin.

Voting? Where have you seen that? It can only be created with a smart contract, so.. it can not get done with bitcoin.


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April 01, 2018, 10:29:19 PM
 #10

There are too many to mention. You can see it in the projects around the crytocurrency space. Even here on the forum, you can see that there are a lot of application of the blockchain technology. It is not merely limited to recording transfers of coins or tokens, it has a lot of applications in the real world scenario.

For example, it can be used in health care where you can record every details, tests done, previous histories, etc. of a patient on the blockchain, so when it is needed it would be easily be pulled out by any authorized personnel in any hospital or health care provider anywhere in the world. That is something that should be a million dollar idea, but it really needs more support. I forget what was the name of the project, which I saw around the forum. Maybe someone can supply the name here.
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April 02, 2018, 07:03:45 AM
 #11

It’s true that this is obviously the future technology. Best things about Blockchain technology are – it is decentralized, there is no third party involved. Hacking is pretty much harder. So, it’s huge secured and Transparent. Cost will also be saved in this technology.
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April 02, 2018, 07:13:04 AM
 #12

From a practical point of view, blockchain is an opportunity for members of the community to direct their resources very quickly to those projects that seem appropriate with low risks. This is an alternative system for financing science, education, medicine, the social sphere, development not through trust institutions of experts, but through community consensus.
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April 02, 2018, 07:17:20 AM
 #13

blockchain technology is very beneficial to everyone in the world.
even for the future one of the most useful blockchain technologies you can read in my signature.
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April 02, 2018, 07:23:40 AM
 #14

As franky1 said, those are the possible uses for a decentralized blockchain. But how would those uses be efficient and who pays for the costs? Will they have token rewards for the maintainers?

It might be cheaper to run a centralized database than a decentralized, append only ledger.

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April 02, 2018, 07:44:41 AM
 #15

One of the key advantages of using blockchain is the opportunity to eliminate intermediate units, increase efficiency and speed of operation. The challenge for startups, however, is to understand the nature and operation of blockchain and to look at how to manage effectively when investing or moving to a new technology. From the government block, banking-finance, supply chain, e-commerce, high-tech agriculture ... and there's no denying that a blockchain is being used more in every way.
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April 02, 2018, 08:01:40 AM
 #16

Blockchain technology is the best decentralization technology I suppose following internet and torrent later on. Some people say its overrated (my regular IT guy friend) But I think it will be used in many industries after 2025 or 2030?

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April 02, 2018, 08:45:21 AM
 #17

There is no doubt, that a decentralized network like blockchain is going to revamp the world, mostly the public sectors where transparency and authenticity is must needed. Moreover there are lot of companies working on same tech, to specially mention here there are few countries too who are trying to blend their current public sector platforms with decentralised network.
Also as Frank1 mentioned the list, those are just few startup sectors the list will go increases with time.
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April 02, 2018, 08:54:11 AM
 #18

Nothing much good about the block chain that won't scale and most of it was taken
from bit-torrent and re-hashed anyway and is not the word of god like many of the
faithful here like to preach.

Lot's of opportunities in Bitcoin including getting out without having to take a loss
on your gamble if your not too greedy but to many burger flippers that would be the
end of a dream so they will stay in until someone turns the lights off.  

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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April 02, 2018, 09:55:37 AM
 #19

yes, today's, blockchain has attracted many people to use the blockchain system. part of industries can already see the opportunity to combine with the blockchain system. DNC is a cryptocurrency whose value is equal to 4.25 grams of gold and then saved in a blockchain system.

Chinese insurance companies have also used blockchain. the prince of the Dubai state wants to secure state of documents by using the blockchain system. and now the blockchain system has expanded to all aspects of life.

but, sometimes blockchain is also used as a tool to commit the crime by manipulating blockchain, such as blockchain onecoin system.

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April 02, 2018, 10:48:55 AM
 #20

avoiding 'currency' usage:
voting
law creation
land registry
identity
credit rating
school qualifications
manufacturing/supply control
asset audits
public notaries
patent timestamping
time limited licence application/renewal/acceptance

the list goes on
It's a great idea to have these all records maintained through the blockchain. But as far as I have the knowledge of blockchain technology, it is a peer to peer network which avoids third party's concerns. There are many things that needs to be publicly available not only between two individuals.
As I am not technically sound with IT therefore I may not have a good understanding of blockchain and its various uses. My interest in the blockchain is concerned only upto the cryptocurrency.
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April 02, 2018, 11:02:16 AM
 #21

Blockchain technology is increasingly developed, allowing for secure data transmission based on extremely complex coding systems. Blockchain technology has confirmed that coins in the cryptocurrency market will grow. Blockchain develops many different areas. This helps us to trust and invest in the cryptocurrency market.

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April 23, 2018, 09:18:54 AM
 #22

The opportunity ia having access to anonymous transactions and also fast way of sending payment
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April 23, 2018, 09:24:36 AM
 #23

This blockchain technology has become popular due to the explosion of Bitcoin following it. The most interesting part about blockchains is that all parties involved in this application play the same role. By default, Bitcoin's blockchain system updates about 10 minutes, which makes it easier to implement and manage than an out-of-date hand-held system. In addition, blockchain technology does not pass through any third party, which reduces the transaction fees. In addition, each blockchain system is designed with its own interface - a wallet application of pre-coded types. Users often use wallets to pay for goods and services with encoding money.
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April 23, 2018, 09:43:26 AM
 #24

We live in a world of Digital Piracy. Creative entrepreneurs will benefit significantly in protecting their IP. its will help in the security aspect of other companies also by protecting their servers,computers and other digital stuffs
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April 23, 2018, 10:02:17 AM
 #25

The technology of the blockchain appeared recently. But already has ample opportunities for its application.For example, General electric and Chinese giant Ali Baba use blockchain technology in logistics.To keep track of all of the supply chain which involved a lot of contracts and contractors.Blockchain technology can be used in insurance medicine.This will allow the customer to have full control over their data.The technology can be used in online shopping.This will prevent you from being able to identify and you can break the link to this information at the touch of a button.

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April 23, 2018, 10:14:13 AM
 #26

The opportunities in the rise of blockchain technology is profit. If you have mastered this kind of technology then you are creating your own opportunity. Blockchain technology will be the technology of the future, it will not only be used in cryptocurrency but also in trade and commerce. It could also be used in the field of education as well as the government. If you are a master on this, then just imagine how much money you can earn by offering your services.
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April 23, 2018, 11:50:49 AM
 #27

Application of blockchain is so huge, that could find applications in any field, in my opinion, the most promising are finance, trade, security and medicine.
Financing,trading and security are indeed bout what blockchain can give,but what about medicinal?or medicine?i guess it will he part when foods are beinh covern by this technology but so far lets not get t foods and drugs..

We live in a world of Digital Piracy. Creative entrepreneurs will benefit significantly in protecting their IP. its will help in the security aspect of other companies also by protecting their servers,computers and other digital stuffs
In future not only digital aspects will blockchain get involved,all things that need service will be covered and if that becomes reality then whole world will be on the run for cryptocurrency
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May 03, 2018, 08:58:59 AM
 #28

There are a lot of advantages of blockchain, because this technology can be implemented in almost any sphere of our life. This technology allows you to keep information from all members of the system at the same time, making it impossible to break and steal it;
It is characterized by transparency of these transactions, so that any user can track the information about the transfer of funds and make sure that the payment in the system was actually sent; in addition, the system has the irrevocability of all transactions: the payer can not recall or freeze sent money transfer "retroactively", thus deceiving the recipient; Transfer of codes of monetary units and other virtual valuables from the payer to the recipient directly, without the participation of intermediaries
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May 03, 2018, 09:01:56 AM
 #29

Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities  students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized

Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.

Guyz Share your thinking and idea so we can explore more about blockchain
My suggestion is that it is best for ordinary people not to touch the blockchain investment. Because this is like taking hard-earned money to casino gambling. It is very likely that you will lose your net worth.
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May 03, 2018, 11:34:44 AM
 #30

My little research has shown that the following are some of the business opportunities that abound in blockchain technology;

1. Banking

Nevermind that blockchain — the backbone of Bitcoin — was created to circumvent traditional financial institutions. Or that banks originally opposed cryptocurrency, fearing obsolescence if unregulated currency ever went mainstream. Blockchain, it seems, now has a new friend, and it is none other than the global banking system.
2. Smart Contracts

One of the hottest features of blockchain is its ability to facilitate smart contracts. While the fintech, banking, and legal services industries are already dabbling with automated transactions that execute based on preset conditions, a whole host of other business are clueless that they, too, could benefit from smart contracts.

3. Connected Car

The automotive industry is proceeding steadily toward its goal to have more than 37 million connected vehicles on the world’s highways and byways within the next five years. The road to mainstream adoption of IoT vehicles will paved, in large part, by blockchain technology.

4. Healthcare

No industry requires more data to be processed daily than the healthcare sector. From patient admittance to recording surgical results, every patient represents a torrent of data that must be kept accurate, accessible, as secure. No technology can satisfy these requirements like blockchain.

5. Internet of Things (IoT)

The growth of IoT technology cannot be over exaggerated. With everything from cars to connected homes hooking up, the market for technologies to support IoT is enormous. With $6 trillion expected to be invested in IoT during the next five years, an increasing number of tech companies are looking for ways to carve out a share of the market. One of the best opportunities awaits innovators who can make IoT data move more quickly and remain secure using distributed ledger technology.
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May 03, 2018, 02:13:07 PM
 #31

these blockchain technologies will help to make internet more secure and it can also make future control over ai much more secure specially if these ai are used to drive unmaned cars and drones it will also lead to a wider job opportunities in this field and yes if it can replace currencies then it will be the new decentralized currency all over the world
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May 03, 2018, 03:04:15 PM
 #32

yes, and blockchain technology is becoming viral everywhere. Today every aspect of life uses blockchain, especially in the business world. such as blockchain real estate, blockchain microfinance, insurance blockchain, and others.

and all have a purpose for easy our lives, and if the public attention is higher to the blockchain, then the future of crypto will be good too.
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May 07, 2018, 08:56:45 AM
 #33

Blockchain technology has become the phenomenon of 2017. According to Google, Blockchain and Bitcoin were two of the most-searched keywords last year. Blockchain is also one of the Top 5 Developer Trends of 2018. Cryptocurrency, bitcoin, and ICOs (Initial Coin Offering) are fueling the blockchain discussion and increasing awareness of the technology. Smiley))
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May 07, 2018, 08:58:46 AM
 #34

Today, more and more organizations are looking to take advantage of blockchain mania. As a matter of fact, 58% of the large corporations are interested in building some kind of blockchain application. Grin Grin
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May 07, 2018, 09:00:52 AM
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From my knowledge,for software developers, the blockchain opportunity is huge and it is just getting started. Some of the companies leading the charge in blockchain technology include IBM, Microsoft, Deloitte, Ripple, Chain, Circle Internet, BitFury Holding, Yuan Technology, Coinbase, and AlphaPoint. Since six out of 10 corporations are interested in blockchain, it simply means more jobs will be created in this space.
The blockchain technology market size was $340 million in 2017 and is expected to grow to $2.3 billion by 2021. According to a report, 10% of GDP will be regulated by a blockchain by 2027.
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May 07, 2018, 09:03:42 AM
 #36

On average a bank spends anywhere between 40 million to 300 million USD annually on due diligence and customer verification process. Anti-Money Laundering and Know Your Customer procedures are essential elements of financial and legal transactions. On average a bank spends anywhere between 40 million to 300 million USD annually on due diligence and customer verification process. Anti-Money Laundering and Know Your Customer procedures are essential elements of financial and legal transactions.  Wink Wink
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May 07, 2018, 09:05:13 AM
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The blockchain offers unique solutions to numerous supply chain inferences. Because it stores all transaction information on a distributed ledger that cannot be altered and is fully transparent.  Cheesy Cheesy
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May 07, 2018, 09:05:44 AM
 #38

In the blockchain system, participants do not need to know the background information of others, nor do they need to be guaranteed by any third party. That is to say, the existing mode of Internet will be a challenge, all centralized platform may disappear, every one of us, every organization, machines and algorithms have the chance to freely with each other.

For us, the opportunity of the blockchain is not investment. History has proved that the more profound and revolutionary technological change is, the longer its implementation cycle is, the greater the risk and the bubble. The risk-bearers and ultimate beneficiaries of the technological revolution have always been a minority of geniuses, professional firms and institutional capital.
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May 07, 2018, 09:08:10 AM
 #39

The first application of Satoshi’s blockchain technology was of course monetary; his creation of a secure online ledger which tracks ownership of the “digital gold” known as Bitcoin. In the future, it’s likely that blockchain will be how society tracks ownership of all kinds, such as stocks, bonds, property deeds and even legal contracts. This technology has tremendous disruptive potential across a host of industries.  Wink Wink
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May 07, 2018, 09:17:42 AM
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Banking, payments, supply chain, insurance, security, and healthcare are a few industries that have already stated building blockchain-based applications. As mentioned earlier, 58% of large corporations are considering some kind of blockchain adoption. Obviously, this will lead to more jobs.
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May 07, 2018, 09:24:11 AM
 #41

For instance, blockchain can be used to keep track of assets and goods as they move down the supply chain. Other industries such as stock exchangecan make use of the blockchain mechanism to transfer ownership in a secure, peer-to-peer mechanism.  Cheesy Cheesy
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May 10, 2018, 08:34:21 PM
 #42

Simplified blockchain technology has confirmed that coins in the crypto currency market will grow and where the blockchain develops many different areas. This can help us to trust and invest in the crypto currency market. Cool
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May 23, 2018, 05:30:56 PM
 #43

Blockchain, the most advanced, popular and powerful technology in the Blockchain is the biggest opportunity that is more powerful tool to protect our currency and money. world, is very useful for all. This technology uses a strong password which is never hacked or stolen. Blockchain technology leads the progress of the public's projects and freeze the risks of their investments.
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May 28, 2018, 09:42:56 PM
 #44

I would be glad if banks and financial structures began to use blockchain in their transaction systems
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May 28, 2018, 09:55:46 PM
 #45

I would be glad if banks and financial structures began to use blockchain in their transaction systems

This German bank already change SWIFT for Bitcoin blockchain. When lighting will be released we will see more such examples

https://thenextweb.com/hardfork/2018/05/14/german-bank-using-bitcoin-international-fiat-loans/



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May 29, 2018, 04:53:01 PM
 #46

One of the hottest features of blockchain is its ability to facilitate smart contracts. While the fintech, banking, and legal services industries are already dabbling with automated transactions that execute based on preset conditions, a whole host of other business are clueless that they, too, could benefit from smart contracts.
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May 29, 2018, 04:55:08 PM
 #47

A big opportunitie might as well be there is no such thing as fake money in a blockchain.

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May 29, 2018, 05:28:12 PM
 #48

Blockchain is the biggest advantage of our money security. The use of Blockchain is huge and widely used and demanded. In my opinion, it is the most promising meaning, trade, tool for people's destiny change.
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May 30, 2018, 01:14:35 PM
 #49

I agree with you. Most people whi entered crypto in the last year dont have a clue about the system, information. Only how to earn

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May 30, 2018, 01:35:21 PM
 #50

Blockchain is a hot technology. I think the best technology in the blockchain is to work hard on this technology because nowadays blockchain talent is scarce!
Mastering the blockchain technology can find a good job!
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May 30, 2018, 01:35:50 PM
 #51

Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities  students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized

Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.

Guyz Share your thinking and idea so we can explore more about blockchain

Blockchain is understood as a data structure in which the data book is partitioned and shared across the entire system including independent storage entities. Shared folders are for network participants. This shows that in the whole system there is not only a single location, a document can be the sole authority, since duplicates of the same version of the ledger are located many places.
All copies are updated when new data or transactions are recorded on the blockchain through the consent of all participants.

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May 30, 2018, 01:43:01 PM
 #52

avoiding 'currency' usage:
voting
law creation
land registry
identity
credit rating
school qualifications
manufacturing/supply control
asset audits
public notaries
patent timestamping
time limited licence application/renewal/acceptance

the list goes on

In short,any services that needs a ledger. Blockchain is very useful for securing data and its just that people abused it for financial purposes like project funding

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June 05, 2018, 03:08:45 PM
 #53

the major advantage we have in blockchain are in blockchain you are 100% sure of safety both in terms of your password and also your payment will be delivered to your wallet.
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June 08, 2018, 03:22:00 PM
 #54

Let's start with the fact that Blokcheyin is essentially just a tool with which you can store transaction data (a database). A tool can not by itself be known to be good or bad, that's its capabilities as for me
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July 02, 2018, 09:10:13 PM
 #55

That's definitely true. We're in a technology that shall become the talk of the future. I'm really glad i know blockchain now. The fact that some governments have started adopting and integrating blockchain means the future shall surely be bright.
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July 05, 2018, 11:27:02 AM
 #56

The blockchain technology is well noted for its transparency, security and genuineness. It is with these qualities that make an indestructible system which can be used to collect and manage our financial transactions and other organizational records. Not only that but it has also be used to generate cryptocurrencies which have generated income so many people who invested into it.

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July 05, 2018, 11:28:59 AM
 #57

Tremendous opportunity in areas of trustless applications. I feel that rather than currencies, should focus on backend like banking systems.
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July 05, 2018, 11:36:08 AM
 #58

Blockchain is a opportunity for us to transparent everthing for every person
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July 05, 2018, 11:47:16 AM
 #59

One of the opportunities of Blockchain technology is its possible application in elections voting and identity management. If all countries adopt it in elections, it will enhance the transparency and credibility of elections and voting.
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July 05, 2018, 02:57:26 PM
 #60

Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities  students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized

Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.

Guyz Share your thinking and idea so we can explore more about blockchain

I think the most opportunities in blockchain is, everyone can invest a good project with blockchain as a platform.
For instance, profit in investing on ICO project is very good if the project succeed in the future. This is the most promising opportunity.

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July 08, 2018, 01:27:57 PM
 #61

Blockchain technology can be used to produce positive results. For example, they can help migrants communicate with their families, keep their money safe by cryptocurrency and easily carry them. "
Or as at the United Nations in June 2017, at the meeting dealing with global warming. They have used Blockchain to create a platform of transparency that brings creativity and trust in the fight against climate change. "Countries, regions, cities and businesses that want to comply with the commitments made under the Paris Climate Change Agreement on climate change need to take advantage of all the advanced technologies available. And blockchain is the leading technology to apply to this problem.
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July 08, 2018, 01:58:41 PM
 #62

the main advantage of using blockchain is the opportunity to eliminate intermediate units, improve efficiency and speed of operation. blockchain will change the world, most of the public sector where transparency and authenticity should be needed.

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July 08, 2018, 02:08:49 PM
 #63

A system or chain of blocks is an ordered database that stores all information on all computers interacting with the network. The database keeps a list of signed blocks with a timestamp, a link to the previous block and other necessary data. Production never stops, and the list of blocks is constantly replenished.
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July 08, 2018, 02:30:05 PM
 #64

the innovating technology of blockchain is surely having an impact on the business life, peoples still think that it's only used in cryptocurrencies which is a totally wrong idea, the potential extends in many more fields because, the idea of a decentralized, secure and immutable data can be applied in, for example, cloud storage, Identity Management, renewable energy.. and there are already projects that are integrating blockchain in those fields, topics like this are a great help to expand one knowledge.

 
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July 08, 2018, 02:33:29 PM
 #65

It is true only few people are into blockchain technology as it was in the early days of computers. That is why those in blockchain field now can utilize it and explore all the opportunities available to advance their projects.
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July 08, 2018, 02:47:05 PM
 #66

Of course, everyone knows that the Blockchain technology is not just a crypto currency. The Blockchain technology has a lot of opportunities, which are already partially used in our world, for example - cargo transportation and cargo tracking.

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July 08, 2018, 03:04:00 PM
 #67

The blockchain technology is the most secure transaction system of bitcoin. As it is very secure, so we have a lot of opportunities in it.

Firstly its hard security system. For its excellent security system no one can hack a blockchain wallet.
Secondly It working capacity. The blockchain technology works peer to peer. For this reason it is difficult to anyone to find out the transactions. And so the hackers cannot hack this technology.
Another, one of the best reason is no one can find out the transactions so it is really good for the persons those who save their money. Because people can fund their bitcoin in their blockchain wallet and when the price will increase then they could sale their bitcoin.
Thus blockchain helps us a lot. Above all I think that there are many opportunities we have in blockchain.
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July 10, 2018, 09:06:26 AM
 #68


The bitcoin opportunity we have is exactly how we can communicate with each other more easily
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July 10, 2018, 09:09:45 AM
 #69

avoiding 'currency' usage:
voting
law creation
land registry
identity
credit rating
school qualifications
manufacturing/supply control
asset audits
public notaries
patent timestamping
time limited licence application/renewal/acceptance

the list goes on

Bitcoin isn't capable of most of these with its limited smart contract functionality, which is why it probably wont succeed as the number 1 crypto forever.

I think that most of these are covered by individual altcoins, but a truly functional smart-contract system would allow for all of these to be handled by a single coin, NEO and EOS are approaching that level of sophistication, ethereum is lagging behind.



The database keeps a list of signed blocks with a timestamp, a link to the previous block and other necessary data. Production never stops, and the list of blocks is constantly replenished. This shows that in the whole system there is not only a single location, a document can be the sole authority, since duplicates of the same version of the ledger are located many places.
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July 10, 2018, 09:42:26 AM
 #70

Some people are trying to force Blockchain everywhere but we have to remember that we don't need it for every single thing. The Internet was infact decentralized but it was impossible to keep it like that due to size. I doubt that we will ever switch to decentralized Internet, maybe if governments start to regulate it heavily then it might be possible.

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July 10, 2018, 10:01:57 AM
 #71

There is great opportunity for block chain technology, Bitcoin and crypto currency have this block chain technology and I think the best part is payment option will be very easy through block chain technology, Now days more companies and even countries also adopt block chain technology and studying about it, This block chain technology may be change in the world economy in future, this is just started only, it will be more secured and more reliable technology and this will be great success
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July 19, 2018, 06:33:59 PM
 #72

There are many opportunities when you are in a blockchain. You will recevie some amount from every new user of your chain. Greater the number of user greater will be increment in your amount. So do not miss the chance to new opportunities of blockchain.
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July 19, 2018, 07:02:24 PM
 #73

Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities  students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized

Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.

Guyz Share your thinking and idea so we can explore more about blockchain
Blockchain is a revolutionary system in every field but it is mostly use for buisness purpose.Blockchain is a backbone of crypto.Top 5 buisness
 opportunity according to me are 1)Banking 2) Small contracts 3) manufacturing 4) Healthcare 5) Supply Chain management system.
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July 19, 2018, 07:24:20 PM
 #74

There are always opportunities, but you have to be able to use them, to be able to keep track of the right moment and make profitable investments.
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July 19, 2018, 07:43:07 PM
 #75

Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities  students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized

Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.

Guyz Share your thinking and idea so we can explore more about blockchain
infact there are calls for the implimentation of this technology in the electoral process because of its high security system, issues of hacking are difficult with blackchain.
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July 23, 2018, 07:26:01 PM
 #76

There are too many to mention. You can see it in the projects around the crytocurrency space. Even here on the forum, you can see that there are a lot of application of the blockchain technology. It is not merely limited to recording transfers of coins or tokens, it has a lot of applications in the real world scenario.
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July 24, 2018, 02:59:49 PM
 #77

We have a lot of opportunities in bitcoin one of the of those opportunities of Bitcoin in Mobile Payments. Ilya Bershadskiy. Android developer. A couple of months ago we had the opportunity to  ;)develop an innovative financial application powered by Bitcoin – a virtual cryptocurrency that isn't going anywhere any time soon!
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July 25, 2018, 09:27:08 PM
 #78

Blockchain and bitcoin are suitable for every industry. I am working in the field of insurance and finance and I am waiting till blockchain will change everything. I hope it will happen soon. I have found one project Socratus. It is an insurance ecosystem which provides a digital platform with instant claim payment products for insurance companies. It is designed to help insurance companies to save their money and get their business on a new level. For instance, they can help the insurance company to lower expenses from 15% to 25% on claims handling and operational expenses. Basically, they work with different kinds of insurances such as e-commerce, cyber insurance, personal accident and etc. Moreover, they are powered by Smart-contracts & Socratus Oracles. I think this is really cool and it seems like an innovative and demanded project. I hope I helped.
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July 25, 2018, 09:59:10 PM
 #79

in my opinion the most important basis in such technology is how to instantly transfer funds and secure the signing of contracts with a minimum commission!
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July 30, 2018, 02:19:53 PM
 #80

One of the major advantages I think is not actually the payment system potential, but the functionality that smart contacts offer.

Bitcoin is definitely lagging behind in this area, as it will either require a few forks, or sidechain implementation to approach the smart-contract functionality offered by its rivals, but once it gets there, decentralized applications and decentralized file storage systems are only a matter of time.

Well one of the simplest and fruitful way how can we be productive here is that you should involved yourself in signature campaigns which offer a fairly and awesome amount of money for every given tasks with the integration of a fulfilling kind of projects and service that they offer to everyone and for every service that you have done, it is exchangeable with a certain amount of token which you can trade.

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August 02, 2018, 08:25:49 AM
 #81

The blockchain is not the only interesting technique that uses in cryptocurrencies. There's the great networking system, that gives us anonymity of all transaction we are doing. It is very difficult to hack it.
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August 02, 2018, 08:30:25 AM
 #82

There are many opportunities when you are in a blockchain. You will recevie some amount from every new user of your chain. Greater the number of user greater will be increment in your amount. So do not miss the chance to new opportunities of blockchain.
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August 02, 2018, 10:55:24 AM
 #83

The blockchain is not the only interesting technique that uses in cryptocurrencies. There's the great networking system, that gives us anonymity of all transaction we are doing. It is very difficult to hack it.
I can safely say that blockchain technology will change the current economy. All significant corporations research and invest in Blockchain. There are also countries testing the replacement of the traditional currency with the virtual currency based on blockchain technology.
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August 03, 2018, 12:30:32 PM
 #84

The opportunity that blockchain provides is something that has to do with the safety.
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August 03, 2018, 08:01:34 PM
 #85

The blockchain is not the only interesting technique that uses in cryptocurrencies. There's the great networking system, that gives us anonymity of all transaction we are doing. It is very difficult to hack it.

I agree with you because it is really good technical opportunities to become independent from government. If you do something that consist of blockchain you will be in safe.

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August 05, 2018, 01:51:44 PM
 #86

It is lagging behind credit rating, land registry, identity, voting and other things.
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August 05, 2018, 04:13:42 PM
 #87

Our opportunity in the blockchain must be to invest in the undervalued altcoin, and then wait for the price of BTC to rise, the price of altcoin will slowly continue to rise.
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August 05, 2018, 04:24:58 PM
 #88

The blockchain ledger no doubt is one of the finest ledger or 'vehicle' on which the coins especially bitcoin is hoisted and have consistently shown progressive progressive upon improving and expanding its capacity. Blockchain offers quite a number of benefits and the prominent one amongst many is the opportunity and platform to bring decentralised financial operations to bear within or alongside the fiat system, this gives you the high and varied choices of doing stuff with your assets from the comfort of your apartment.... The bitcoin devs no doubt did a great job.

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August 05, 2018, 05:44:12 PM
 #89


Per your analysis from the scope of the internet it definitely gives a broad spectrum of illumination by my understanding that even though blockchain as we see is such a revolutionized platform with decentralized with bigger capacity and really in good care and as such that i believe there might be some much advancement in future which will really get rid of all rivals. For me am really safe using blockchain beacuase i control my own world with blockchain.
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August 05, 2018, 05:49:56 PM
 #90

The technology of blocking will in time be used in other areas, as this is a very promising direction.
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August 06, 2018, 10:20:06 AM
 #91

Initially, blockchain technology came into the market to provide cryptocurrency safer transactions but with time, organisations around the world are discovering its vast applications in real life. This tech has got a lot of potential and few are the mentioned areas where its implementation can be done effectively:-

-It can help a lot in carrying out electronic voting and thereby making the same secure and efficient.
-Health care industry can be helped with the blockchain technology in medical records keeping.
-Digital identity maintenance becomes efficient with this tech.
-Real Estate industry is also going to be helped when storing of info is done on the blockchain network.

Added to above that there are a lot more industries which will be helped with the blockchain technology.

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August 07, 2018, 12:28:57 AM
 #92

Bitcoins is not very capable of most if these as compared to block chains.
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August 07, 2018, 12:42:52 AM
 #93

One of the hottest features of blockchain is its ability to facilitate smart contracts. While the fintech, banking, and legal services industries are already dabbling with automated transactions that execute based on preset conditions, a whole host of other business are clueless that they, too, could benefit from smart contracts. By introducing manufacturing, supply chain management, and other sectors to the concept of smart contracts, developers will reap handsome rewards while helping to reshape those industries. How can smart contracts be useful in these and other non-legal use cases? The answer becomes clear when you consider more closely what what smart contracts allow you to do. Since smart contracts are simply blocks of code, they can be incorporated into a variety of software applications. But including them in a blockchain is best way to add security, accountability, and transparency to the process.
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August 07, 2018, 01:12:50 AM
 #94

The opportunities of blockchain is that transactions are chronological and publicly recorded.It manage the database that records bitcoin transactions and it is a decentralized transactions.

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August 07, 2018, 03:42:53 PM
 #95

The potential of the payment system is something that is really good.
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August 08, 2018, 06:09:05 AM
 #96

the main possibility of bitcoin and blockchain is that it has a flexible structure, and based on today's realities, when everything is connected to the Internet, it will certainly find its application. I think the technology came in just in time.
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August 13, 2018, 02:12:17 PM
 #97

Technology of blockchain is very good.

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August 13, 2018, 02:13:32 PM
 #98

I think the best thing about bolckchain is its payment system.
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August 13, 2018, 02:15:22 PM
 #99

Blockchain is the package of opportunities.
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August 13, 2018, 02:34:17 PM
 #100

That is why I  ask people to take their eye off the coinmarketcap and go deep to learn blockchain technology instead of criticizing base on market price. In future blockchain technologist will be wanted for employment in almost all sectors.
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August 13, 2018, 03:00:42 PM
 #101

The opportunity of blockchain should still be on BTC, and the development of blockchain is entirely due to the rise or development of BTC.


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August 14, 2018, 06:05:37 PM
Last edit: August 15, 2018, 03:50:36 PM by jatin729
 #102

Guyz I want to add one thing, Blockchain can be used in Voting system because as we all know once hash create, we can't change it. we can only see these hashes whenever we want.
Like in cryptocurrency transaction we have transparency we can see transactions detail of each and every address, how much he/she sent or receive. but we can't change information from these  TX ID.
There are many areas in which blockchain can help.

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September 12, 2018, 12:37:26 PM
 #103

Blockchain technology provides the following features: 1-the system itself is safe, transparent, which guarantees safe operation of operations; 2-accelerated system of payments and transfers; 3 - allows storage of information (identification, any other information), etc.
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October 06, 2018, 12:36:07 PM
 #104

The potential of the technology is enormous. This is the security of the Internet, it is a dedicated channel for the security services with a special level of security, in the end it is an excellent protection against the same hackers at the level of classical banks.

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October 06, 2018, 12:41:11 PM
 #105

Blockchain Technology is revolutionary and in more ways than one that's for sure. For starters, we can have more privacy where our data is concerned, more sovereignty over our data and can share in data projects whereby we can profit and not just the bog corporations profit by abusing their power and making a ton of money form collecting our data. Another great thing about the Blockchain is that being a distributed ledger, it can help weed out corruption that is rife in both private and public domains and by doing so can help streamline businesses and protect the people from corrupt governance, thus saving billions of dollars annually that goes into the pockets of the wrong people.


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October 06, 2018, 12:59:22 PM
 #106

Blockchain is a revolutionary technology which helps to keep record and track of transactions using the cryptocurrency. It helps developers to utilize the it and come up with new ideas which offers solutions to major problems in our society. The Blockchain can be utilized in the financial, agricultural, health, education etc industries.

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October 09, 2018, 04:54:50 PM
 #107

Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities  students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized

Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.

Guyz Share your thinking and idea so we can explore more about blockchain
The invention of bitcoin is considered to be the boon for the humanity as it has opened many job opportunities for millions of people through out the world and there are millions of people who are getting benefited by bitcoin and has helped them to earn good life and if personally speaking then I am personally very much getting benefited by bitcoin like I am now self dependent and now I don’t need to depend on my parents for my daily expenses so no doubt that bitcoin overall is very beneficial.
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October 09, 2018, 05:04:14 PM
 #108

I believe that, along with modern technology, the blockchain will create its foundation for the ages. Now there are global changes, similar to those when the Internet appeared
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October 14, 2018, 02:59:07 PM
 #109

The relatively rapid speed of transactions, independence from the state and the local currency. Rapid administration of complex contracts without deanonimizatsii all participants in the process.

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October 15, 2018, 06:04:29 AM
 #110

Blockchain is the best technology for the current generation, the security system of blockchain is awesome nobody can hack,high speed process, free cost of transaction.
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October 15, 2018, 08:34:00 AM
 #111

This is a very good idea, to have time turned back to see how it was first invented!
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October 15, 2018, 02:44:31 PM
 #112

That is why I  ask people to take their eye off the coinmarketcap and go deep to learn blockchain technology instead of criticizing base on market price. In future blockchain technologist will be wanted for employment in almost all sectors.
in my opinion the blockchain opportunity is to expand access to finance, streamline business processes, lower costs, secure. that's 4 opportunities on blockchain.
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October 15, 2018, 03:54:41 PM
 #113

No one can deny the benefi and the contribution which blockchain has brought to our world. Nowadays, student can can get more information from the Internet and they can take advantage of it to enrich themselves, It is just my opinion
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October 15, 2018, 03:57:34 PM
 #114

The opportunities in blockchain technology, i must say is or are borderless since they are open to every individual who can take advantage of whatever is up and running and create another innovation from it. there is no limit to what DApp can be created. it all depends on who's idea is been implemented.

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October 15, 2018, 06:55:45 PM
 #115

From a practical point of view, blockchain is an opportunity for members of the community to direct their resources very quickly to those projects

That seem appropriate with low risks. This is an alternative system for financing science, education, medicine, the social sphere, development not

Through trust institutions of experts, but through community consensus.
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October 15, 2018, 07:20:16 PM
 #116

I think Blockchain offers great savings and is extremely secure. Blockchain technology makes a difference in the world. And in particular there are many people who have the opportunity to work on Blockchain technology in modern society.
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October 15, 2018, 07:50:37 PM
 #117

There are so many opportunities in Blockchain and people have really taken great advantages of that opportunities. Now people are integrating it with so many industries and it is helping them. It now being used in the health sectors and also the business industries.
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October 16, 2018, 10:56:26 AM
 #118

There are so many opportunities in Blockchain and people have really taken great advantages of that opportunities. Now people are integrating it with so many industries and it is helping them. It now being used in the health sectors and also the business industries.

Actually i dont believe that there are many ready to use products.
About which industries and which opportunities which are already used you are talking about ?

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October 16, 2018, 12:35:23 PM
 #119

There are so many opportunities in Blockchain and people have really taken great advantages of that opportunities. Now people are integrating it with so many industries and it is helping them. It now being used in the health sectors and also the business industries.

Actually i dont believe that there are many ready to use products.
About which industries and which opportunities which are already used you are talking about ?
I believe that blockchain is a state of the art new technology that helps and make people's life easier through this new secured digital transaction, and not only in crypto currency because blockchain brings a lot of application for this newly born generation.

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October 16, 2018, 02:28:18 PM
 #120

This blockchain technology has become popular due to the explosion of Bitcoin following it. The most interesting part about blockchains is that all parties involved in this application play the same role. By default, Bitcoin's blockchain system updates about 10 minutes, which makes it easier to implement and manage than an out-of-date hand-held system. In addition, blockchain technology does not pass through any third party, which reduces the transaction fees. In addition, each blockchain system is designed with its own interface - a wallet application of pre-coded types. Users often use wallets to pay for goods and services with encoding money.
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October 16, 2018, 03:15:43 PM
 #121

The opportunities that comes with blockchain is numerous,it makes work easy,its transparent,efficient,it has a technology everyone needs,for any industry..
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October 16, 2018, 03:30:54 PM
 #122

avoiding 'currency' usage:
voting
law creation
land registry
identity
credit rating
school qualifications
manufacturing/supply control
asset audits
public notaries
patent timestamping
time limited licence application/renewal/acceptance

the list goes on
Yes, I can add to the list-medicine,agriculture,logistics, as well as archiving of any information,and of course this technology can be used for military purposes.



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October 16, 2018, 03:45:27 PM
 #123

avoiding 'currency' usage:
voting
law creation
land registry
identity
credit rating
school qualifications
manufacturing/supply control
asset audits
public notaries
patent timestamping
time limited licence application/renewal/acceptance

the list goes on
Yes, I can add to the list-medicine,agriculture,logistics, as well as archiving of any information,and of course this technology can be used for military purposes.
not only in the military but the hospital also certainly uses the blockchain system, because this system is transparent and it's easy to monitor the entry and exit of funds easily
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October 16, 2018, 03:55:37 PM
 #124

Everyone has listed most of the opportunities where blockchain can be implemented and I am sure that it will be better than whatever system we have now, but, I want to suggest that blockchain should be taught in universities for software related courses and young generation should be made familiar with it. So that we can get new and innovative ideas in the future.

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October 16, 2018, 04:06:33 PM
 #125

When i think of about the blockchain advantages first of all i would think about the voting and payment systems. Than i would say about the education and exams. Ofcourse the decentralization would help thousands of business. Most importants are food, transport and health i guess. Also in gambling and betting the blockchain would use correctly..
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October 16, 2018, 04:33:20 PM
 #126

More and more we are seeing Non Fungible Tokens (NFT) such as the ERC721 being used for the ownership of a specific asset. One of the more popular example at the moment is CryptoKitties where each token represents a different cat and can be exchanged. This can also be applied for property ownership, like physical lands, and facilitate the transaction between the seller and the buyer. https://medium.com/coinmonks/regaining-power-through-land-ownership-125e9f52fd60
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October 17, 2018, 10:06:32 PM
 #127

The biggest advantage that blockchain technology provides is the elimination of intermediaries who consume resources and introduce an element of insecurity into many spheres of human existence. Blockchain gives confidence in the reliability of the transaction in an untrusted environment - this is the main purpose of developing Bitcoin.
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October 17, 2018, 11:13:22 PM
 #128

There are so many opportunities in the world of blockchains. Now the blockchain technologies are used all over the world with it being integrated into so many industries. In these industries people are using it which is giving more opportunities to people.

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October 17, 2018, 11:15:50 PM
 #129

the opportunity we will get from blockchain is anti data manipulation and decentralization
and blockchain can enter any industrial sector because this system is transparent and it's easy to monitor without anyone's approval

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October 17, 2018, 11:39:18 PM
 #130

Initially, the blockchain technology was known as the technology on the basis of which bitcoin works. I think that those who are not connected with the cryptosphere continue to believe that the blockchain is used only for this. But this technology is developing and every day it opens up new ideas for its use. I believe that we need to bring this to people so that they better understand the possibilities of blockchain.

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October 17, 2018, 11:45:05 PM
 #131

Blockchain provides us with unlimited opportunities. How many new projects appear every day that offer the use of blockchain in various spheres of life, it's great. Let many of them will not be able to succeed, but there are good ones that will soon turn the world upside down.

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October 18, 2018, 12:51:28 PM
 #132

The opportunities that comes with blockchain is numerous,it makes work easy,its transparent,efficient,it has a technology everyone needs,for any industry..
We can apply digital technology to do things more efficiently, easier, cheaper and safer. In other words, blockchain technology makes life better. The most important internet network must be available at high speed and stable. Without internet, blockchain cannot be realized
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October 18, 2018, 02:48:56 PM
 #133

Firstly, blockchain can makes a cashless society. Secondly, They can make a better quality of life, as they supply more value foe those who get profit from it.
blockchain changes buying and selling transactions more easily and we can see where our funds flow in the transper can be seen.
the development of the Blokchain system includes gojek, grab, namely online gojek transactions that are developing now,
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October 18, 2018, 02:50:29 PM
 #134

Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities  students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized

Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.

Guyz Share your thinking and idea so we can explore more about blockchain
As soon as manipul sees that others follow him, he throws them off, using their own inertia... Starting selling the cue ball at a high price, he vparivaet it “late in the rocket.” The price of the cue ball falls.

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October 18, 2018, 03:09:07 PM
 #135

The opportunities that comes with blockchain is numerous,it makes work easy,its transparent,efficient,it has a technology everyone needs,for any industry..
We can apply digital technology to do things more efficiently, easier, cheaper and safer. In other words, blockchain technology makes life better. The most important internet network must be available at high speed and stable. Without internet, blockchain cannot be realized
Yes.There are really a lot of opportunities that we can get from blockchain but for this to happen,there should be a strong internet connection.Blockchain has made the lives of the legends here more comfortable and has made a lot of progress in the lifestyles of the people.Blockchain technology has grown along with time so no wonder with blockhain,a bright future is waiting for us.

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October 18, 2018, 03:13:12 PM
 #136

The opportunities that comes with blockchain is numerous,it makes work easy,its transparent,efficient,it has a technology everyone needs,for any industry..
We can apply digital technology to do things more efficiently, easier, cheaper and safer. In other words, blockchain technology makes life better. The most important internet network must be available at high speed and stable. Without internet, blockchain cannot be realized
Yes.There are really a lot of opportunities that we can get from blockchain but for this to happen,there should be a strong internet connection.Blockchain has made the lives of the legends here more comfortable and has made a lot of progress in the lifestyles of the people.Blockchain technology has grown along with time so no wonder with blockhain,a bright future is waiting for us.

You are right, actually opportunities are always there we just need to know when it will knock to our doors and when is the right time to grab it and gain more profit from it.
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October 18, 2018, 03:16:14 PM
 #137

Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities  students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized

Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.

Guyz Share your thinking and idea so we can explore more about blockchain
Well, here it is necessary to take into account that since 2013/14 a lot has happened for bitcoin, not only for the blockchain and the full analogy is hardly possible, very good reasons are needed.

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October 18, 2018, 03:28:01 PM
 #138

Blockchain has brought forward the idea of a digital, cashless society forward.
The cryptocurrencies in the future, when gains complete acceptance, can become a exchange means in the future and not just restrict to be an investment asset.
Also, the coins will be good for making transactions throughout the world which will be highly secure and anonymous.
Also, the coins can head towards being a mainstream currency with the advantage of blockchain.

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October 18, 2018, 10:48:17 PM
 #139

Look at how many projects appear with different possibilities of blockchain application in different spheres. This shows that its possibilities are limitless. Let many projects will not be able to succeed, but their idea will be able to implement someone else.
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October 18, 2018, 11:48:56 PM
 #140

Blockchain has brought forward the idea of a digital, cashless society forward.
The cryptocurrencies in the future, when gains complete acceptance, can become a exchange means in the future and not just restrict to be an investment asset.
Also, the coins will be good for making transactions throughout the world which will be highly secure and anonymous.
Also, the coins can head towards being a mainstream currency with the advantage of blockchain.

As you mentioned,  there a lot of opportunities when you're using block chain , It fasten every route of transaction as well as clear information with optimized security protocols, Being transparent is what the people in crypto is looking for , at any point of view Block chain supports everything that are freely functional in this industry.
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October 19, 2018, 12:43:17 AM
 #141

The Blockchain technology offer a wide range of usability which makes it possible to be utilized in all sectors of our lives which include the health sector, agricultural sector, education, finance etc. With the help of the smart contract, all transactions and payment can be tracked using the transaction hash, hence the issue of fraudulent activities found with the old system of payment is curbed.

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October 19, 2018, 12:53:22 AM
 #142

As you know, blockchain which is seen as backbone of BTC. thanks to it, we can develop BTC more efficiently . Futhermore, blockchain is also applied in many aspect ch as medical industry, real estate...
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October 19, 2018, 01:06:41 AM
 #143

Blockchain gives credence to the reliability of transactions in unreliable environments - this is the main goal of developing Bitcoin. The biggest advantage provided by blockchain technology is the elimination of intermediaries that consume resources and introduce elements of insecurity into many areas of human life.
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October 20, 2018, 07:33:20 AM
 #144

The possibilities of blocking are endless. for example, tracking government actions, treasury costs, tax distribution, and their subsequent waste. There are a lot of useful moments.

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October 20, 2018, 07:35:18 AM
 #145

They will unite people into a single network, where everyone can see and learn everything they want - there are many advantages in this, but just as much - as it seems to us at this stage of human development - poloho - total control is interleaved. lack of privacy ..

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October 20, 2018, 08:00:06 AM
 #146

avoiding 'currency' usage:
voting
law creation
land registry
identity
credit rating
school qualifications
manufacturing/supply control
asset audits
public notaries
patent timestamping
time limited licence application/renewal/acceptance

the list goes on
Wow never tough of all this advantages abou what blockchain can give,this was the first time that i come to get that close on what i might benefits in future together with my love ones

Thats why i am thinkings still why other countries making crypto complicated when all of these services are in our way if we accept this technology
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October 20, 2018, 08:24:59 AM
 #147

The blockchain is become so necessary to implement in nowadays work. And it has been consistently creating many opportunities as per the time passes. And now I have a great example of it, the Indian government also looking for using blockchain technology in agriculture.

my account was hacked by moondefi since past few years。 the moondefi is a scam, be careful!
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October 20, 2018, 12:08:56 PM
 #148

Blockchain is one of the great inventions of the 21st century. Blockchain brings great potential in the industrial age 4.0.
Blockchain shares the role of centralized organizations and systems such as banks, governments and companies
Blockchain grants identity and data control to each user
Blockchain is a seed for a new structure in communications and business processes =)))
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October 20, 2018, 12:52:49 PM
 #149

Blockchain is a fantastic technology that lives us a lot of opportunities. Beginning from identification, registration and verification of data to their storage on decentralized clouds. Not to mention the smart contracts and the use of the blockchain in the military and domestic sphere, such as natural services or renting.

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October 20, 2018, 12:59:35 PM
 #150

i'm just newbie. i don't have alot of experience about Blockchain. anyone help me please
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October 20, 2018, 01:33:46 PM
 #151

The artificial intelligence aspect of blockchain makes it simple to make complex work in field of data science, agriculture , energy and many other autonomous work to be carried out without much human resources.
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November 24, 2018, 08:08:09 AM
 #152

Look at how many projects appear with different possibilities of blockchain application in different spheres. This shows that its possibilities are limitless. Let many projects will not be able to succeed, but their idea will be able to implement someone else.
The use of blockchain is very broad, can be in all aspects of life. Opportunities are overwhelming, such as making a startup or online store using blockchain technology so that it is very efficient in bookkeeping, speeding up shipping or monitoring payments all fast and easy. In the future, competition will include quality, price and speed of service.
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November 24, 2018, 08:26:32 AM
 #153

Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities  students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized

Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.

Guyz Share your thinking and idea so we can explore more about blockchain

I don't really understand blockchain technology because I only focus on bitcoin and cryptocurrency, if there is further explanation about the blockchain and how it works, I will thank you very much for sharing knowledge.

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November 24, 2018, 10:01:44 AM
 #154

 Block chain was introduced as the back bone of Bitcoin when Bitcoin was created. All the banking sectors didn't welcome block chain  technology at the beginning  but now almost banks are accepting the Block chain technology .The block chain technology has become friendly in the global banking system now. and have started adopting block chain  .With block chain technology there will be no manipulation done and it will be  safe and secure .

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November 24, 2018, 10:38:44 AM
 #155


The Blockchain is an innovative Tech that has many substantial implementations. For instance, it offers real transparency that the traditional cyber world lacks. In addition, this tech makes it easy to track chains supply, share data, and ownership protection, ...etc. 







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November 29, 2018, 09:44:07 AM
 #156

One of the major advantages I think is not actually the payment system potential, but the functionality that smart contacts offer.

Bitcoin is definitely lagging behind in this area, as it will either require a few forks, or sidechain implementation to approach the smart-contract functionality offered by its rivals, but once it gets there, decentralized applications and decentralized file storage systems are only a matter of time.

I agree with you. I believe the reason why people trust blockchain because of the smart contracts offer as their information are encrypted stored safely on the shared ledger as well as autonomy where the owner will have full control of their wealth.
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November 29, 2018, 05:21:18 PM
 #157

Block Chain Technologies gives us an opportunity to earn money. But for some reasons some countries are against Block Chain. So far this opportunity is not available to all the people.

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November 29, 2018, 05:42:01 PM
 #158

 Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Blockchain is not the only interesting technique of cryptocurrencies. There's the p2p networking, the actual cryptography, the consensus algorithms like proof-of-work and proof-of-stake, privacy features like zk-snarks and ring signatures.  Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley
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November 29, 2018, 05:50:08 PM
 #159

Application of blockchain is so huge, that could find applications in any field, in my opinion, the most promising are finance, trade, security and medicine.
However, I tend to believe that blockchain technology is more suitable for cryptocurrency than for business, healthcare industry and so on.

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November 29, 2018, 06:24:00 PM
 #160

Blockchain is a incredible creation in the modern world i think. This is system is unique and no one control this method.
For this creation world going to digital. I just showing one big example to using blockchain you know that P2P transaction this is amazing.
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November 29, 2018, 08:43:44 PM
 #161

When the Internet appeared, many were unaware of its possibilities.Now what we see-a holistic global ecosystem in which there is every third inhabitant of the Earth..Blockchain will provide the whole humanity with a completely new digital world in which there will be completely different values and a completely different kind of relationship..As a supporter of this technology,I see its application in all spheres of life.
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November 30, 2018, 02:26:48 PM
 #162

Apart from being a distributed ledger, blockchain can improve education process, voting, IoT and networking, author’s right and intellectual property, forecasting, healthcare, real estate and it’s not the whole list. Making digital notes more substantial and at the same time guaranteeing their connection with the digital identification and their uniqueness, providing programming possibility of logical work of exchangers and automatic control of assets, blockchain opens the door for other opportunities. The technology creates an inviting atmosphere for achieving a dream of idealists and materialists.
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November 30, 2018, 03:46:43 PM
 #163

The nature of the ledger of the blockchain can be seen by others but at the same time it is safe because it cannot be changed by just anyone. This is what makes the Blockchain dualism.
This fact is also an advantage because it can make business integration between companies more efficient. Everyone can trust each other because all data can be recorded properly, can be seen by others even though there needs to be special access first.
If the data can be replaced, there will always be a track record because the concept of the chain itself cannot be replaced, it can only continue to be added.

 
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December 05, 2018, 12:20:36 PM
 #164

The artificial intelligence aspect of blockchain makes it simple to make complex work in field of data science, agriculture , energy and many other autonomous work to be carried out without much human resources.
There is so much that we can do with blockchain technology, because this technology can be applied to all sectors, such as agriculture, energy, finance and even defense of a country that can use blockchain technology. There are still many opportunities that can be done as long as our creativity continues to be developed.
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December 05, 2018, 01:46:29 PM
 #165

A few I can mention is the enhanced security system an immutable structure it possessed transparency reduced cost when transactions are made, and increased efficiency and speed the opportunity on blockchain is a great one
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December 12, 2018, 02:49:15 PM
 #166

Blockchain is a incredible creation in the modern world i think. This is system is unique and no one control this method.
For this creation world going to digital. I just showing one big example to using blockchain you know that P2P transaction this is amazing.
Blockchain is a sophisticated technology regarding bookkeeping that is very systematic and decentralized, facilitates and speeds up transactions so that in a short time it can be implemented. In addition, it can avoid budget leaks that often occur when using a centralized system. We can use it to simple activities, for example in friendship networks or online trading networks.
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December 13, 2018, 08:46:46 AM
 #167

Blockchain provide the decentralized ledger keeping blockchain is mainly useful in government documents with blockchain technology government files can be accessed in transparency main governments are planning to implement blockchain in their administration
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December 17, 2018, 04:47:23 PM
 #168

First, for the introduction of the blockchain, you need to rebuild large systems with a large number of participants. Each system seeks to preserve its properties and structure, resisting changes. Therefore, it is easier to start implementing the blockchain from small. As does the government of Sweden, which is slowly converting the land cadastre to the blockchain.

Secondly, the blockchain is not regulated in any way by the legislative base and is still far from it. “In order for technology to gain trust, it must meet standards. There are no standards — there is no compliance, ”explains Maxim Avdeev, head of the business development department at Life.SREDA.

Thirdly, a large amount of computing power and energy is needed to support the blockchain technology (for more details, see the article on mining bitcoins). Experts predict that the cost of electricity to support Bitcoin can by 2020 be able to reach the level of consumption in Denmark
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December 17, 2018, 06:33:35 PM
 #169

The blockchain is still in its infant stage and is comparatively new compared to other technologies out there. This means that there are tons of opportunities for blockchain. We can see an increase in the use of hybrid, federated, and other forms of the blockchain. Bitcoin and Ethereum, the two top blockchain solutions are also being upgraded with new updates including the lightning network for bitcoin and Constantinople update for Ethereum. We are on the verge of Web 3.0

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December 18, 2018, 01:26:15 AM
 #170

I think blockchain offering many opportunity to our economic system. In monetary system, blockchain can control money supply in market and for bussiness, blockchain can saving a lot cost. I think blockchain will be used in many industry including banks

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