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Author Topic: What are the opportunities we have in blockchain?  (Read 1286 times)
NeverSop
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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.

taeewo
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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
CrystalPham
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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By default, Bitcoin's blockchain system updates about 10 minutes, which makes it easier to implement and manage than an out-of-date hand-held system.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
JerryJam
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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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Xester
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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.
carlisle1
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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
copyfile
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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
orangy
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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.
PaulMittin
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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
 #35

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.
Alyssaff
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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
Gracefs
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May 07, 2018, 09:05:13 AM
 #37

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
gezhid008
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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.
Sarahhd
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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
 #40

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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