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Author Topic: Development of Blockchain in future.  (Read 1856 times)
gary_57
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May 30, 2018, 09:44:16 PM
 #21

Blockchain has developed a lot from its beginning. But, sometimes, it faces some technical issues.hink the technology should be more considered to their focus. Besides, The privacy system should also develop so that it can survive frauds and scams.
TianaStam
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May 30, 2018, 09:52:11 PM
 #22

Blockchain technology is not enough developed and requires for improvements, and is not used on an industrial scale, except for bitcoin and some other cryptos. Many improvements are still required, as in terms of security as scalability.
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May 30, 2018, 10:58:02 PM
 #23

Blockchain is a great invention of BTC this helps and change the business ideas and it helps in many ways also many big companies are also adapt this system based on this developers are developing this system because of its usefulness other companies also want to develop this system. Satoshi invented this after this it’s so usable & many companies get huge benefits from it.
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May 30, 2018, 11:14:51 PM
 #24

As we all know that technology doesn't stuck at a single place. It always improves day by day. In the same thought, I believe that blockchain is being developed continuously. Do you know that what kind of development would be in blockchain? Please share your points. Thanks.
Yes I totally expect the protocol to evolve and in fact I am surprised to see it have the same problems it had back then in 2016 or 17. All that talk about bitcoin failing as currency - well, it hasn't really been solved (apart from SegWit, which is a move in a right direction but it is only short time solution, really).

I would expect Bitcoin to evolve every year at least with a pace of computers and Internet (look, do we have Web 3.0 now? Why not Bitcoin 3.0?)
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May 31, 2018, 01:56:36 AM
 #25

maybe in the future we can see the blockchain system in the public, because as we can see that blockchain is the safest system that I know because it will give you high security like in bitcoin, and of course the transparency which is we can see all the transaction inside the blockchain systems

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May 31, 2018, 02:16:42 AM
 #26

Blockchain technology is very much helpful. It offers feature that can be use in lots of purpose. This is why many investors engage in business that uses blockchain technology.
victoryana
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May 31, 2018, 02:48:25 AM
 #27

The blockchain nature is a transparent shared ledger that many users have the ability to track and manage together. Whenever a Bitcoin is spent, a transaction is created, users can find the details like the payee, the receiver and the Bitcoin amount of the transaction. Hope this technology will upgrade in the future
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May 31, 2018, 02:50:12 AM
 #28

Blockchain technology will be used first in finance, then in the Internet of Things, and so on. Blockchain technology will continue to grow, but it will also increase people's acceptance of it. Not everyone can accept blockchain technology. Many people think that this is just a bubble. Some people even know Bitcoin, but don't know the blockchain. Blockchain technology still needs more time to settle.
AnthonyLa
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May 31, 2018, 05:27:42 AM
 #29

Blockchain is developing every moment and also new plans are created day by day.
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May 31, 2018, 05:47:21 AM
 #30

You know, "Blockchain technology" has become the new Buzzword in the financial and ICT industry. If your company are not developing some "Blockchain technology", then you are not on par with the trends in the industry. The puppet masters have found a way to split Bitcoin from the Blockchain and to push people into developing competitive products for Bitcoin, based on "private" Blockchains.  Roll Eyes

The problem is, most people were attracted to Bitcoin, because it had no central authority and decision making is based on consensus from the general public, not some decision made by a CEO of some powerful organization or a board of shareholders.  Wink

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May 31, 2018, 05:55:04 AM
 #31

Blockchain technology is necessary in every sectors of professions. One day an examination official in my country was asking me if blockchain technology can be applicable to examine sectors. I explained how blockchain technology can bring lasting solution to examine malpractice and manipulation of results.
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May 31, 2018, 05:57:18 AM
 #32

As we all know that technology doesn't stuck at a single place. It always improves day by day. In the same thought, I believe that blockchain is being developed continuously. Do you know that what kind of development would be in blockchain? Please share your points. Thanks.
The biggest advantage of blockchain is used to create cryptocurrency.
Beside that, many company use blockchain to store informations because it's fast and safe.
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May 31, 2018, 07:53:02 AM
 #33

Yes, I agree with your statement. Moreover, I also believe that blockchain technology will upgrade day by day. As it has already change the recent days with its concepts. It is not just for cryptocurrency but also for different kinds of things based on technology.
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May 31, 2018, 07:56:17 AM
 #34

The blockchain technology will infiltrate into each industry, which will bring about great integration between industries, which will effectively improve our work efficiency and facilitate our daily life. Some technology companies will first operate block chaining technology.
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June 01, 2018, 12:03:18 PM
 #35

Yes there are many. The emergence of blockchain cyber security tools may be the next big thing in blockchain. The need for a more secure blockchain-based identity approach, in which no one holds all the keys, will emerge. The insurance and finance sectors are two of the most likely to experience deep, and threatening, disruption from blockchain technology. Blockchain will drive digital transformation of the enterprise specifically with automation, digitization of processes, tokenization of physical assets and activities and codification of complex contracts.
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June 01, 2018, 02:59:43 PM
 #36

Yes there are many. The emergence of blockchain cyber security tools may be the next big thing in blockchain. The need for a more secure blockchain-based identity approach, in which no one holds all the keys, will emerge. The insurance and finance sectors are two of the most likely to experience deep, and threatening, disruption from blockchain technology. Blockchain will drive digital transformation of the enterprise specifically with automation, digitization of processes, tokenization of physical assets and activities and codification of complex contracts.

I'm not sure I quite follow here. How do you see 'blockchain' helping in those instances you mentioned? Are they going to be centralized or decentralized blockchains? What advantage do people get from using a blockchain over some git like data storage with async cryptography and keys for users?
billbear
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June 02, 2018, 09:36:42 PM
 #37

in my opinion all kind of development in some ways and period of time will be available in blockchain but it can depends from people needs. what of them - nobody knows for 100%
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June 02, 2018, 09:51:55 PM
 #38

I  hope  in the near future that the  Initial  public  offering  (IPO) and  banks globally will embrace the  Blockchain technology  and  it  will become an accepted form of  operation by all.
JeffreyKen
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June 03, 2018, 05:28:32 AM
 #39

Blockchain is already a developed process and it future is still shining like moon.
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June 04, 2018, 05:33:55 PM
 #40

The world is now beginning to recognize the strength and benefits of blockchain. As more companies will start their R & D activities in blockchain, we will see many other uses as well. Especially health care can use blockchain to maintain their own integrity because this particular sector lacks serious integrity problems in many countries Blockchain technology has been created or created or camouflaged to provide services So it needs to be improved over time and it's still better. I think this technology will be valuable all over the country and in the future.
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