Bitcoin Forum
May 21, 2018, 12:34:46 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 5 6 7 8 »  All
  Print  
Author Topic: Can blockchain change financial industry?  (Read 381 times)
Tonygold1967
Jr. Member
*
Offline Offline

Activity: 140
Merit: 5


View Profile
April 16, 2018, 12:21:25 PM
 #1

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?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1526862886
Hero Member
*
Offline Offline

Posts: 1526862886

View Profile Personal Message (Offline)

Ignore
1526862886
Reply with quote  #2

1526862886
Report to moderator
1526862886
Hero Member
*
Offline Offline

Posts: 1526862886

View Profile Personal Message (Offline)

Ignore
1526862886
Reply with quote  #2

1526862886
Report to moderator
bituperio
Member
**
Offline Offline

Activity: 182
Merit: 12

DATABROKER DAO - UPCOMING ICO!


View Profile
April 16, 2018, 12:26:11 PM
 #2

I think so yes, it will change many industries, but the most important thing is to make the technology more widely available for everyone without specialised knowledge or tools.

AK47-
Sr. Member
****
Offline Offline

Activity: 504
Merit: 250


Secure, scalable blockchain that actually works


View Profile
April 16, 2018, 12:35:59 PM
 #3

It can definitely make it scam proof. As you must be aware, a huge fraud took place at Punjab national bank in India where 11,000 Crore INR were scammed from a nationalized bank. Had that bank used blockchain technology in that system, that scam could have been avoided.
It is only after such scams get unearthed that people realize the importance of blockchain technology. I have a strong feeling that sooner or later more countries are going to adopt this technology and we will see a revolution in the financial industry.

|
               ▄
            ▄█████▄
         ▄███████████▄
      ▄████████▀████████▄
   ▄█████████▀   ▀█████████▄
 █████████▀    ▄    ▀████████
▐██████▀    ▄█████▄    ▀██████▌
▐████▌   ▐███████████▄   ▐████▌
▐██████▄    ▀▀   ███████▄█████▌
▐█████████▄     ██████████████▌
▐█████████▄  ▄   ▀▀   ████████▌
▐███████████████▄    █████████▌
▐████ ▀████████▄  ▄    ▀██████▌
▐████    ▀███████████▌   ▐████▌
▐██████▄    ▀█████▀    ▄██████▌
 █████████▄    ▀    ▄█████████
   ▀█████████▄   ▄█████████▀
      ▀████████▄████████▀
         ▀███████████▀
            ▀█████▀
               ▀
   
>_FOR


    ███▄▄▄▄▄▄▄▄▄▄▄▄▄         ██
    ███            █
             ██    █             █████
 █████             █▀▀▀▀▀▀▀▀▀▀▀▀▀█████
 █████▀▀▀▀▀▀▀▀▀▀█  █             █████
 █████          █  █      ██
       ██       █  █
 ██             █  █           ███
            ██  █  █      █▀▀▀▀███
   █████        █  █      █
   █████▀▀▀▀▀▀▀▀▀▀▀▀▀█▀▀▀▀▀
   █████             █
         ██          █   ██          █████
                ██   █      ▄▄▄▄▄▄▄▄▄█████
        ███▄▄▄▄▄▄▄▄▄▄█▄▄▄▄▄▄█        █████
        ███
                  ██      ▀
 

█▄▄              █▄▄
█████▄▄         ██████▄▄
████████       ████████ █
████████ ██   ████████ ██
████████ ███ ████████ ███
████████ ████ ██████ ████
████████ █████ ████ █████
████████ ▀█████ ██ ██████
████████    ▀▀██  ███████
▀███████         ▀███████
   ▀▀███            ▀▀███
       ▀                ▀
 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
 

             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
|
Maxre
Full Member
***
Offline Offline

Activity: 322
Merit: 100



View Profile
April 16, 2018, 12:41:24 PM
 #4

Over time I think blockchain has changed the financial industry today in the world.
so it is not impossible that blockchain technology will be developed again for a variety of purposes that are beneficial to mankind.

Dark_lord
Jr. Member
*
Offline Offline

Activity: 62
Merit: 0


View Profile
April 16, 2018, 12:43:51 PM
 #5

Short answer: YES!
It has many applicabilities, and there is no question about it. If our societies want to further develop, we need to use and implement blockchain.
Nhebu
Member
**
Offline Offline

Activity: 196
Merit: 10


View Profile
April 16, 2018, 12:50:14 PM
 #6

It can definitely make it scam proof. As you must be aware, a huge fraud took place at Punjab national bank in India where 11,000 Crore INR were scammed from a nationalized bank. Had that bank used blockchain technology in that system, that scam could have been avoided.
It is only after such scams get unearthed that people realize the importance of blockchain technology. I have a strong feeling that sooner or later more countries are going to adopt this technology and we will see a revolution in the financial industry.
Because blockchain technology promotes transparency and reliability, I think is useful enough to fight scam specially if the scammer is the central authority. The important thing that blockchain acquire is to stop financial institutions like bank to fight fraudulent scam.

⧱▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  ●     Uchit - The Hub of Communication and Collaboration based on Blockchain Technology.     ●  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬⧱
⧱▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬      Whitepaper     Facebook     Twitter     Telegram       ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬⧱
PRE-ICO | 1st April 2018
jmalkovich
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250



View Profile
April 16, 2018, 12:55:01 PM
 #7

If the blockchain technology does not solely used in crypto money, but used in another industries, it will absolutely chance the system in many ways.
But if the technology will be limited with the money, there will not be a crucial change in the financial industry.


retail.global
 

















   

















   

















  ◣  FACEBOOK
◣  TWITTER
◣  TELEGRAM
◣  MEDIUM
shaheer001
Full Member
***
Offline Offline

Activity: 280
Merit: 100



View Profile
April 16, 2018, 12:57:42 PM
 #8

Yes it is strong and fast new technology and it will be implemented in many field in the world and hope soon it will be the major financial industry in the world.

                                       BITIMAGE   -   Presale: BIM Tokens                                   
  NEXT-GEN DIGITAL MEDIA MARKETPLACE    White Paper 
  Facebook | Twitter | Telegram | Medium | Bitcointalk | Bounty 
Leftneck
Jr. Member
*
Offline Offline

Activity: 126
Merit: 0

“Protocol and Token to Reinvent Skill Validation”


View Profile
April 16, 2018, 01:06:13 PM
 #9

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?
Very likely
Because Now many projects use the blockchain system as its foundation.

│   Skyllz.org   │
The Unified Protocol to Asses, Validate & Empower Human Skills
────────────────────────────────────────────────
Lareina
Full Member
***
Offline Offline

Activity: 294
Merit: 100



View Profile
April 16, 2018, 01:07:04 PM
 #10

Yes it is strong and fast new technology and it will be implemented in many field in the world and hope soon it will be the major financial industry in the world.
This can be regarded as the most promising technology in recent years. It will not be long before the world will use it extensively.

anggriani
Sr. Member
****
Offline Offline

Activity: 378
Merit: 251



View Profile
April 16, 2018, 01:16:20 PM
 #11

why not? I believe it will happen soon and blockchain will be used in various sectors (not just financial).

but the blockchain has the biggest enemy, the government and the people who love corruption. they will not like blockchain and the various ways they will do to thwart the massive adoption of blockchain.

    ▄█▄
   ██▀  ▄█▄
  ██▀  ▄█▀  ▄▀
 ██▀  ▄█▀  ▄▀
▐█▌  ▄█▀  ▄▀
██   ██   
██   ██   
██   ██   
▐█▌  ▀█▄  ▀▄
 ██▄  ▀█▄  ▀▄
  ██▄  ▀█▄  ▀▄
   ██▄  ▀█▀
    ▀█▀
████
▀▀▀▀
▄▀▀▄▄▄▄▄▄▄▄█████████████▐████
▀▀     ▄▄▄▄▄▀██████████▐████
▄▀▀▄▄▄▄▄█████▀ ▀▄▄▄     ▐████
▀▀     ▄▀███▄▄▄▄       ▐████
▄▄   ▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▐████
▀▄▄▀▀▀▀▀██████████████▐████
▄▄   ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▐████

▀▄▄▀▀▀  ██████           ▐████
██████▄▀▀▀▀▀▀▀▀▀ ▐████

▄▄  ████▀▄██████████▐████
▀▄▄▀▀▀▀ ▄████████████▐████
BIDIUM       ▄█▄
   ▄█▄
  ▀██

▀▄  ▀█▄  ▀██
 ▀▄  ▀█▄  ▀██
  ▀▄  ▀█▄  ▐█▌
   █   ██   ██
   █   ██   ██
   █   ██   ██
  ▄▀  ▄█▀  ▐█▌
 ▄▀  ▄█▀  ▄██
▄▀
  ▄█▀  ▄██
   ▀█▀
  ▄██
       ▀█▀






























hao2067755834
Jr. Member
*
Offline Offline

Activity: 98
Merit: 1

Unibright Token Launch - 10th April 2018


View Profile
April 16, 2018, 01:23:49 PM
 #12

There is a lot of money transfer and transaction in the financial market every day, and the blockchain technology will significantly reduce the transaction settlement time!

Using block chain technology can significantly reduce cost, payment speed and fraud risk, which can ensure the transaction is verified and completed in an instant!

▃▃▃▃▃  U N I B R I G H T  ▃▃▃▃▃
⟪ Blockchain-Based Business Integration ⟫
visit: https://unibright.io/
Fendi23
Member
**
Offline Offline

Activity: 196
Merit: 15


View Profile
April 16, 2018, 01:29:24 PM
 #13

in a few years i think blockchain can't change the financial industry because any of countries still restrict and prohibit payments using blickchain.any of them considerthat blockchain is a threat and can disrupt nstional stability
thanks. Smiley

bit..what?
Jr. Member
*
Offline Offline

Activity: 70
Merit: 0


View Profile
April 16, 2018, 01:38:18 PM
 #14

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 agree. I think the blockchain technology has the potential to change the financial industry.
This is a good chance for the society to permanently change the financial industry to the positive one. I do not know if this will happen, but I hope so.

   ▬▬▬▬ ViValid.io  |  every item has a story
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▬▬▬▬▬▬▬▬▬▬ PRE SALE 14th May 2018
PutuPartoHarjo
Member
**
Offline Offline

Activity: 154
Merit: 10

Presale starting soon: aquaintel.io


View Profile
April 16, 2018, 03:36:05 PM
 #15

According to some articles, one of the banks that have implemented Blockchain on its system is Royal Bank of Canada (RBC). They developed a distributed ledger technology (DLT) system based on Blockchain technology called Hyperledger. The application has already been made in the financial transactions of their branches in the United States and Canada. This means that this technology when used by other conventional banks, may be going to use a different name with the concept remains the same because it is developed based on open source.

|▌   AQUA™   《   REVOLUTIONIZING THE TRAVEL INDUSTRY   》   AQUA™   ▐|
☰☰☰☰☰☰☰☰☰☰☰◤       TOKEN SALE : MAY 7, 2018       ◥☰☰☰☰☰☰☰☰☰☰☰
Telegram    Twitter    Facebook    ONE PAGER    Instagram    LinkedIn    Medium
tonylewisverdu
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
April 16, 2018, 03:38:08 PM
 #16

yes I'm sure it will.. we still don't know what improvement will happen to blockchain because it is still in infancy stage and if blockchain would mature I'm sure that technology will really benefit..

D200
manhont
Full Member
***
Offline Offline

Activity: 308
Merit: 108


GIF by SOCIFI


View Profile
April 16, 2018, 03:40:42 PM
 #17

Once the Internet was a new technology and many thought that he had no place in this world, now he is used by almost the entire population of the globe, innovations are inevitable! Blockchain will replace the entire financial system, but this will take time

aardvark15
Hero Member
*****
Offline Offline

Activity: 728
Merit: 506


Secure, scalable blockchain that actually works


View Profile
April 16, 2018, 03:42:43 PM
 #18

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?

Banks are already experimenting with blockchain technology. My understanding is that they see potential for its benefits but want to create their own centralized blockchains rather than use Bitcoin or any other decentralized open ledger. This shows that this technology is relevant and is probably here to stay and even if banks don’t use Bitcoin, I think there is room for many variations out there.

|
               ▄
            ▄█████▄
         ▄███████████▄
      ▄████████▀████████▄
   ▄█████████▀   ▀█████████▄
 █████████▀    ▄    ▀████████
▐██████▀    ▄█████▄    ▀██████▌
▐████▌   ▐███████████▄   ▐████▌
▐██████▄    ▀▀   ███████▄█████▌
▐█████████▄     ██████████████▌
▐█████████▄  ▄   ▀▀   ████████▌
▐███████████████▄    █████████▌
▐████ ▀████████▄  ▄    ▀██████▌
▐████    ▀███████████▌   ▐████▌
▐██████▄    ▀█████▀    ▄██████▌
 █████████▄    ▀    ▄█████████
   ▀█████████▄   ▄█████████▀
      ▀████████▄████████▀
         ▀███████████▀
            ▀█████▀
               ▀
  
>_FOR


    ███▄▄▄▄▄▄▄▄▄▄▄▄▄         ██
    ███            █
             ██    █             █████
 █████             █▀▀▀▀▀▀▀▀▀▀▀▀▀█████
 █████▀▀▀▀▀▀▀▀▀▀█  █             █████
 █████          █  █      ██
       ██       █  █
 ██             █  █           ███
            ██  █  █      █▀▀▀▀███
   █████        █  █      █
   █████▀▀▀▀▀▀▀▀▀▀▀▀▀█▀▀▀▀▀
   █████             █
         ██          █   ██          █████
                ██   █      ▄▄▄▄▄▄▄▄▄█████
        ███▄▄▄▄▄▄▄▄▄▄█▄▄▄▄▄▄█        █████
        ███
                  ██      ▀
 

█▄▄              █▄▄
█████▄▄         ██████▄▄
████████       ████████ █
████████ ██   ████████ ██
████████ ███ ████████ ███
████████ ████ ██████ ████
████████ █████ ████ █████
████████ ▀█████ ██ ██████
████████    ▀▀██  ███████
▀███████         ▀███████
   ▀▀███            ▀▀███
       ▀                ▀
 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
 

             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
|
Report to moderator 
|
sureblinks
Jr. Member
*
Offline Offline

Activity: 70
Merit: 0


View Profile
April 16, 2018, 03:44:33 PM
 #19

yes sir, it will definitely change a lot of things.

▰▰▰▰  BINEURO  ▰▰▰▰
The Neuronet to manage your Google advertising campaign
https://bineuro.com/web/
13abyknight
Sr. Member
****
Offline Offline

Activity: 448
Merit: 251



View Profile
April 16, 2018, 03:49:03 PM
 #20

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

Blockchain technology has already revolutionised the financial industry as we are already witnessing many banks putting all of their resources on the blockchain. Traditional ledger maintenance is a thing of the past as everything is instant and real-time here. Moving on, more financial institutions are implementing this in a move to automate most of its associated processes.

FORTUNEJACK
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████
███████████████████████████
███████████████████████████
▀█████████████████████████▀
Pages: [1] 2 3 4 5 6 7 8 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!