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Author Topic: Can blockchain change financial industry?  (Read 1948 times)
MortonAlden
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August 09, 2018, 05:16:50 PM
 #401

Blockchain is new technology which change a lot of things in the world. In nearest future a lot of things will be based on it.

Here is an article: https://icoguide.com/en/blog/blockchain-in-the-real-world-industries-it-can-revolutionize-and-change-everything

Author claims, that blockchain will be able to change financial industry. What do you think? Do you agree?
Blockchains are very good if you use it. It is good for safety of your firm and coins TAU, XRP and ADA are good for investments and if they use blockchain, it will increase the value very soon. The projects of these coins are also good.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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EconomydayS
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August 10, 2018, 07:48:49 AM
 #402

It's easy. He will. Thanks to the decentralized blockchain system, various frauds and frauds can be avoided. Everything will be available and visible.

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Orang Tua
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August 10, 2018, 08:58:35 AM
 #403

Blockchain is new technology which change a lot of things in the world. In nearest future a lot of things will be based on it.

Here is an article: https://icoguide.com/en/blog/blockchain-in-the-real-world-industries-it-can-revolutionize-and-change-everything

Author claims, that blockchain will be able to change financial industry. What do you think? Do you agree?

Yes, blockchain has transformed the current financial digital industry globally. This is not impossible that blockchain technology will be developed again for various purposes that are beneficial to humanity. In the future, blockchain will be more perfect and will become a world trend.
leoni_lach
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August 10, 2018, 05:30:56 PM
 #404

Sure it can! After all, each of the tools and even new cryptocurrencies all this is also of course partially but changes the financial industry as a whole.
Sri Asih
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August 11, 2018, 03:04:22 AM
 #405

Blockchain is new technology which change a lot of things in the world. In nearest future a lot of things will be based on it.

Here is an article: https://icoguide.com/en/blog/blockchain-in-the-real-world-industries-it-can-revolutionize-and-change-everything

Author claims, that blockchain will be able to change financial industry. What do you think? Do you agree?

It still takes time for Blockchain to change the global financial industry, even though some have begun to adopt. Many companies run ICOs to generate funds and continue to use coins. So, automatically the financial industry has changed itself. This is a very good development.
phuenvi1987
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August 11, 2018, 03:14:48 AM
 #406

Blockchain change financial industry, may be.
Ramset39
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August 11, 2018, 03:35:19 AM
 #407

Blockchain can and indeed has changed the financial landscape. For example, in Japan people used BTC to pay for daily shopping. Even blockchain is being researched and applied to other non-financial sectors.
BILGPS
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August 11, 2018, 08:56:38 AM
 #408

Just like now people using blockchain technology for various purposes then the financial industry will more complex because the competition will tough and then the option with us will be easy many functions across the world will operated through blockchain and this will be supporting by financial industry.

oxoxoxox
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August 11, 2018, 09:01:07 AM
 #409

The blockchain can change the financial industry, and the blockchain can bring more convenient systems to many traditional industries. I think the blockchain is a very promising technology!

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lovemsngr
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August 11, 2018, 05:57:29 PM
 #410

yes sir, it will definitely change a lot of things.
Right, by being decentralized and eliminating the middle man it will facilitate the transactions. Soon we will see how most countries adopt this technology because it can offer society many significant benefits.
aliraza6663
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August 11, 2018, 06:51:58 PM
 #411

With paper-world trading, the time frame for clearing and settlement of a transaction is generally referred to as 'T+3' – that is, three days after the trade (T), the transaction is settled.

With blockchain technology, the entire lifecycle of a trade – execution, clearing and settlement – occurs at the trade stage. With a digital asset, trade is settlement, and the cryptographic keys and digital ownership they control can lower post-trade latency and counterparty risk.
imteaz
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August 11, 2018, 06:53:53 PM
 #412

Well, we believe in crypto, and yes blockchain can certainly change the world financial industry, for example how banks works, and how investing and deposit and transfers work. We might see lots of changes in the coming 5 years. It will be good for people for sure.

meaamir86
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August 11, 2018, 06:54:00 PM
 #413

Blockchains can serve as a fully transparent and accessible system of record for regulators. The can also be coded to authorize transactions which comply with regulatory reporting.

For example, banks have severe reporting obligations to agencies such as FinCEN. Every single time they authorize a transaction of more than $10,000, they must report the information to FinCEN, who stores it for use as an anti-money laundering database.
farland7
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August 11, 2018, 07:44:22 PM
 #414

So this is really true because this is a very new and reliable system, many of the projects have become popular simply because they have released something that is already on the market but with blockade because it is very reliable!

I agree. Blockchain is one of the most reliable technologies out there. It's revolutionary and it’s the future. Cryptocurrency isn't the only way to apply blockchain. It can be used in transportation, logistics
kalashnikovski
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August 11, 2018, 08:30:15 PM
 #415

The system blockchain becoming working in the financial industry. Example Sberbank if look on the big company. With small companies the examples more. 
Janevinex
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August 11, 2018, 08:32:33 PM
 #416

Of course it can change , you can watch it now, as many stores already accept cryptocurrency, so the future is great

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WillBe
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August 11, 2018, 11:14:43 PM
 #417

blockchain technology is the latest technology and this will certainly change the world finances. because this technology is very advanced and invites us to do everything quickly and certainly easier, this will be very useful and it seems that if the government agrees this will really help them in managing the world finances.
eriwis
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August 12, 2018, 12:44:49 AM
 #418

Blockchain is new technology which change a lot of things in the world. In nearest future a lot of things will be based on it.

Here is an article: https://icoguide.com/en/blog/blockchain-in-the-real-world-industries-it-can-revolutionize-and-change-everything

Author claims, that blockchain will be able to change financial industry. What do you think? Do you agree?

Yes, I think this technology will change this industry in the future, but there are only people who do not benefit from this technology because they get it from the current financial system. There are still many who doubt blockchain, this is understandable because blockchain is a new technology.
Sadyshagg
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August 12, 2018, 04:33:04 AM
 #419

Money has already gone digital with almost everything bought online. Something like Bitcoin which makes transactions easy and fast, and also eliminate third parties will with time be preferable.
Bitcoin_Delivery
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August 12, 2018, 04:34:31 AM
 #420

P2P Lending Services is likely to be replaced by blockchain technology. which is indeed pure and clearly no other party is involved. and I am sure that in the next few years it will be proven
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