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Author Topic: What are the opportunities we have in blockchain?  (Read 1276 times)
makatia
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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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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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KIKI.loi
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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.
riosakamoto
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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.

 
richan
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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.
mrs_bitcoin
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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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RyhaniFoyej
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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.
hoamoclan
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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
m.mendoza
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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.

cuteboy2016k
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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
Minerall
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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.
crptotrader007
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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.
samvel86
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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.
Leezee
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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.
dilemamis
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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.
ajoygb
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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!
Amanda Green
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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.
olgafox0404
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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!
Jose Rizal
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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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