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Author Topic: Are Companies Ready for a Decentralized Future?  (Read 303 times)
coinocean03 (OP)
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June 07, 2018, 11:44:56 AM
 #1

Survey results presented by Deloitte during the recent Consensus event show that corporations are changing momentum and opting to explore the possibility of blockchain to build practical business applications. According to the survey, 74% of large firms see a compelling business case for this dynamic technology.

The survey was conducted between March and April of this year in seven countries including France, Canada, China and the US. Find out what the survey had to say!

Read the article here : https://coinfrenzy.io/are-companies-ready-for-a-decentralized-future/
ghost07
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June 07, 2018, 12:08:53 PM
 #2

`they are already doing this like amazon samsung alibaba they are already decentralized i think. soon more coin will be decentralized because they see those big companies applied cryptocurrency to use as payment and other form.
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June 07, 2018, 12:20:00 PM
 #3


Change the only constant thing expected to happen in this world, they must be ready for it decentralized system is now already practiced by some of the people which is experienced the way of its transactions.
Hopeman1
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June 07, 2018, 12:24:41 PM
 #4

Blockchain does not mean decentralization, so the blockchain studied by these large enterprises may be centralized, just like XRP.
So in my opinion, decentralization is not necessary.

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June 07, 2018, 12:34:47 PM
 #5

Blockchain is obviously out of the box technology and I think blockchain technology will be used more and more after few years but not now. The reason is simple, adoption of the blockchain takes time, companies know that they can sue it but government could be a disturbing part here as they wont allow it to use so simply. They have to follow the rules and regulations as well as keep up the reputed relations with them. They cant just go against of everything and thus make it happen the way they want. Its true that everything is open source here but that doesnt mean they can get everything on board just like that.  Smiley
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June 07, 2018, 12:41:19 PM
 #6

Survey results presented by Deloitte during the recent Consensus event show that corporations are changing momentum and opting to explore the possibility of blockchain to build practical business applications. According to the survey, 74% of large firms see a compelling business case for this dynamic technology.

The survey was conducted between March and April of this year in seven countries including France, Canada, China and the US. Find out what the survey had to say!

Read the article here : https://coinfrenzy.io/are-companies-ready-for-a-decentralized-future/
Hi guys, I think that now almost company is not ready for applying the blockchain technology in to their production and business activities! I predict that They need from 5 years to 10 years to fully apply the blockchain technolygy!

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June 07, 2018, 12:41:59 PM
 #7

with blockchain finding its way into every business, i thing everything will run on the decentralized network very soon. so its very possible for companies to be decentralized later

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June 07, 2018, 12:48:09 PM
 #8

They are scared of a decentralized future. The rulers have always used their power to live at the expense of their people.
They are among the wealthiest as they levy a tax from people for sparing their lives or so they think.
Decentralization would weaken their power so hence they'll try their best to resist it.
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June 07, 2018, 11:52:35 PM
 #9

Currently, I think most of the companies are only exploring the idea of transforming into crypto, but at least they are doing that. Some will change their ways, some will not. But it will be interesting to see in the future, who will be the winners. Those who will stick with fiat or those with crypto... I hope the latter ones. Cheesy

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June 07, 2018, 11:56:06 PM
 #10

Companies and banks are actually interested in decentralized blockchain tech to just decentralize their server not like making it transparent or anonymous like bitcoin. So what they are talking about is implementing blockchain tech to make secure and stable database.

 
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June 08, 2018, 04:33:25 AM
 #11

Adopting blockchein technology does not mean a transition to decentralization. States and business structures are interested in blockchein technology primarily because this technology allows for storing large databases on the Internet with a very high level of security.
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June 08, 2018, 05:35:20 AM
 #12

Survey results presented by Deloitte during the recent Consensus event show that corporations are changing momentum and opting to explore the possibility of blockchain to build practical business applications. According to the survey, 74% of large firms see a compelling business case for this dynamic technology.

The survey was conducted between March and April of this year in seven countries including France, Canada, China and the US. Find out what the survey had to say!

Read the article here : https://coinfrenzy.io/are-companies-ready-for-a-decentralized-future/
I'm sure about medium-low tier companies are ready for the decentralized future. But for high tier companies and then there is a lot of news about that. The majority of big companies in US were starting to develop the decentralized system through use the blockchain technology.

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June 08, 2018, 01:43:55 PM
 #13

This is really a nice article to read and I think not so many companies are ready to accept the decentralized circumstances. But this is true that so many big companies are working to adopt the technology. They are gathering all the relevant information for a database from where all will be shared or decentralized. By implementing this it will be a great start for any giant companies. They will be able to reduce bureaucracy and make their all operation transparent to the world. 
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June 08, 2018, 01:57:29 PM
 #14

Well those look like good news but I didn't like that part where around 44% of the inquiries actually considered that the blockhain technology is over hyped. Of course that doesn't necessarily mean that there is a bubble, or that the prices will collapse eventually, once people actually start using it, but it probably means that a lot of projects out there wont have a bright future because they should already be overpriced.

There is definitely some use case, and that's good. People are also starting to understand that the technology has a future, so lets wait and see how everything develops.

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June 08, 2018, 02:01:22 PM
 #15

Decentralized and blockchain are future of Internet companies and it has good future of growth and will create many opportunities for people  in near future.
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June 08, 2018, 02:03:06 PM
 #16

Well those look like good news but I didn't like that part where around 44% of the inquiries actually considered that the blockhain technology is over hyped. Of course that doesn't necessarily mean that there is a bubble, or that the prices will collapse eventually, once people actually start using it, but it probably means that a lot of projects out there wont have a bright future because they should already be overpriced.
By the time blockchain technology has real world applications,maybe it will be replaced by a better technology? Modern day tech evolves faster than anything else and there are already projects like HashGraph which solve blockchain's problems.This is aspect should also be considered.Not that blockchain would die so soon but it's future is not very bright in terms of real world applications.

There is definitely some use case, and that's good. People are also starting to understand that the technology has a future, so lets wait and see how everything develops.
Yes there is a paradigm shift but yet to hit to the actual use cases.
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June 08, 2018, 02:23:44 PM
 #17

Survey results presented by Deloitte during the recent Consensus event show that corporations are changing momentum and opting to explore the possibility of blockchain to build practical business applications. According to the survey, 74% of large firms see a compelling business case for this dynamic technology.

The survey was conducted between March and April of this year in seven countries including France, Canada, China and the US. Find out what the survey had to say!

Read the article here : https://coinfrenzy.io/are-companies-ready-for-a-decentralized-future/
I think they are not yet ready but even if they don't, they need to adopt it if they want to be ahead in the competition. Those companies needs blockcchain technology to be efficient on their transaction.

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June 08, 2018, 02:27:41 PM
 #18

I think that small companies will not immediately join the crypt, but the large ones already understand that the digital future is waiting for us all, and this future comes very quickly. Many large companies and firms have already started to study cryptocurrencies and blockchain.
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June 09, 2018, 07:47:40 AM
 #19

In recent times big companies are already connected with decentralize system like Samsung, Amazon etc. That’s why i think in near future all coins are connect with this system.
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June 09, 2018, 08:07:53 AM
 #20

Based on this Block chain is the one of the leading tech in the world through internet we can know that many big or large companies are using this tech based on its good facilities also BMW , Wallmart etc company already adapt this tech and many countires also wants to adapt this technology.
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