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Author Topic: Blockchain Must Adapt to Build Trust in the Internet of Things  (Read 110 times)
ClaytonLWils
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May 29, 2018, 05:02:54 PM
 #1

Blockchain is a popular technology in recent time. And I do believe that trust should be build in it to get more acceptance among people. What steps can be taken to assure the trust issue?? Share your suggestion.


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May 29, 2018, 08:41:49 PM
 #2

It isn't to the blockchain technology to adapt. It's up to the companies to do it and accept the new technologies. There is not a trust problem with the blockchain but a lack of developers, studies from themselves and concrete example to show them.
Believe me, we don't see it on the news, but thousands of companies are looking to use the blockchain

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May 29, 2018, 09:56:55 PM
 #3

Agreed, everything from the food service industry, to voting technology to entertainment, even banks are looking into blockchain! If anything survives from this crypto revolution it seems like it will most likely be blockchain. It'll be interesting to see how companies tackle blockchain solutions, either through private means or by leveraging a third party block chain as a service (BaaS) such as ARDR (you can read more about them on our blog: http://bit.ly/ArdorandBlockchain ). In the end, however, this brings in another dilemma as private blockchains and BaaS are counter intuitive to the whole open source, decentralized model tied to crypto. It'll be interesting to see how thing develop.

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May 29, 2018, 10:07:12 PM
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It is true that blockchain should build trust and especially bitcoin with price issues, and if bitcoin prices are stable and good good trust will always come.

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May 29, 2018, 10:11:31 PM
 #5

Blockchain is a popular technology in recent time. And I do believe that trust should be build in it to get more acceptance among people. What steps can be taken to assure the trust issue?? Share your suggestion.


Blockchain needs no publicity, Government around the world are already adopting the use of blockchain technology! The blockchain technology is a welcome development across all nations, the only problem Governments are facing is the fear of bitcoin.
Bitcoin will indeed cause an economic crisis to any country that accepts/legalize it.
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May 29, 2018, 10:14:58 PM
 #6

Blockchain is a popular technology in recent time. And I do believe that trust should be build in it to get more acceptance among people. What steps can be taken to assure the trust issue?? Share your suggestion.


The blockchain technology doesn't need to do anything to gain the trust of anyone, It's by far the best technology in the last decade and even governments and big institutions are already adopting it in their system.



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May 30, 2018, 09:54:00 PM
 #7

 Yes there are so many scams that it is very hard to trust one. Blockchain to work on this trust issues so that people can invest more freely without any doubt in their mind. Some thing must be done for improving this.
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May 30, 2018, 10:14:45 PM
 #8

how one can trust with blockchain technology while there are still many people who do not understand blockchain technology.

I am more than happy to complete the solution from its roots. and it will produce a perfect and satisfying result.

so, the first thing we have to do is introduce this blockchain technology to the public.

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May 30, 2018, 10:28:53 PM
 #9

It isn't to the blockchain technology to adapt. It's up to the companies to do it and accept the new technologies. There is not a trust problem with the blockchain but a lack of developers, studies from themselves and concrete example to show them.
Believe me, we don't see it on the news, but thousands of companies are looking to use the blockchain
That's true, blockchain will be much successful because there are huge of companies that eagerly wait to adapt it and implementing it to their companies because they believe that it will be the best and right things to have them. They think that it will simplify so many things to their company. For sure that even simple and small establishments are trying to adapt blockchain because I believe that it will be much demanding specially in many businesses.


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May 31, 2018, 01:03:36 AM
 #10

If I think Blockchain requires a certain technical adaptation of traditional blockchain technology. complete identification and positive reputation of the participants, so that this data must be completely open and accessible to everyone who wants to know more about the technology.
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May 31, 2018, 01:19:56 AM
 #11

Blockchain was created to always adapt to suit the needs of people, so big entrepreneurs are looking for Blockchain technology for the company. the blockchain developer must often socialize to people so that everyone understands the usefulness of Blockchain technology so as to create trust around it.

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May 31, 2018, 01:42:01 AM
 #12

Blockchain is a technology not an object. Blockchain also does not need to be promoted to the public but they need to understand about the use of blockchain technology.
Although people do not believe in blockchain technology, blockchain will not suffer losses due to loss of trust.
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May 31, 2018, 02:10:04 AM
 #13

public blockchains are just called blockchain

private chains are now being deemed as distributed ledger technology(DLT) because they are not using the concept of decentralisation but instead distributed(within authorised/centralised entities)

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June 01, 2018, 09:56:05 PM
 #14

Actually bitcoin is the most trusted coin in the market of crypto currency. It has earned the trust through its successful services to the investors. Recently the low price in the market has led many investors negative about the market. But the real investors are still confident. Soon the price will increase and again the trust will increase.
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June 01, 2018, 10:45:52 PM
 #15

the thing that can make people believe in bitcoin is bitcoin legality, if all governments in every country legalize bitcoin, I think the problem of trust can be overcome.
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June 04, 2018, 03:19:16 PM
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June 04, 2018, 07:45:33 PM
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Blockchain is associated with bitcoin, but only because it was the first. Now many projects use blockchain and it is not connected with bitcoin. They use blockchain technology as transparent for their purposes.
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June 04, 2018, 11:28:01 PM
 #18

Blockchain is associated with bitcoin, but only because it was the first. Now many projects use blockchain and it is not connected with bitcoin. They use blockchain technology as transparent for their purposes.

Dude, you almost have word spaghetti down to a science.
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June 07, 2018, 07:06:45 AM
 #19

It has earned the trust through its successful services to the investors. Recently the low price in the market has led many investors negative about the market. But the real investors are still confident
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June 07, 2018, 07:39:25 AM
 #20

The application of blockchain technology has already begun in many countries. This is why many governments are not so annoyed by the cryptocurrency approach and have adopted many regulatory policies.
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