Blockchain will help Economy.

[sicnarfwb]

Blockchain technology can help Economy by means of regulations(taxes needed) to limits its capability to avoid the effect of competition to the government national/fiat currency. Taxes is needed in this emerging ICO's that provide the government funds rolling in its market.

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[BlueStackz]

Blockchain was imagined as an approach to guarantee the dependability of the digital currency Bitcoin. It is a genuinely basic idea, an advanced record that record all exchanges that happen inside its framework, much like any firm or individual monitors their funds. The distinction is that the record is freely accessible to all individuals in the framework, making it difficult to adjust records without being recognized. This implies individuals can assume that money related records are totally exact without relying on a reliable outsider like a bank, a legislature or an application to affirm it.
This has expansive ramifications crosswise over numerous businesses. Not exclusively will it cut expenses and enhance proficiency by evacuating outsiders, it additionally considers far more noteworthy adaptability by giving exchanges which are an unchangeable reality, which can encourage the sharing of accounts. For instance, blockchain can enable companions to share protection, or neighbors to have a similar vitality contract and guarantee that everybody pays for precisely what they utilize.

What you are saying here has nothing to with the topic. I don’t see any way the explanation you have made can help change the economy. And by the way, Bitcoin can’t change any economy, it is we the people that decides whether we want to change our economy or let it remain bad.

The only way to help our economy grow is through good governance. When the government are not doing what they are supposed to do, then there is no way the economy is getting good, it will remain the same.

[Napole0n]

It must be admitted that blockchain is a good system for restoring slow server systems, I'm sure that with blockchain we can save the transaction system so it can be faster, and cheaper.

[creeps]

True to an extent. We have to admit blockchains are awesome for tracking digital trade and stuff but honestly it is still fairly a very young system. Blockchains are even younger that Bitcoin and it still has holes and disadvantages that people in this forum has already pointed out. But ultimately yes, blockchains could help the economy if executed perfectly.

In the future, blockchain will hit the mainstream. Right now, a lot of companies are taking risk to invest on this technology and so far they are doing good on that. Government should adopt first this system so blockchain technology will help their economy grow. There's a big potential on this technology only if those big people support cryptocurrency and stop on saying negative thoughts about cryptos.

[Senja Kemuning]

Blockchain technology can help Economy by means of regulations(taxes needed) to limits its capability to avoid the effect of competition to the government national/fiat currency. Taxes is needed in this emerging ICO's that provide the government funds rolling in its market.

Blockchain has been widely used to solve various transaction problems especially that require speed, and someday soon will become the standard that replaces the current system is too complicated and many problems.

[Comfort1]

Blockchain will go a long way to help change the economy for the better. There is going to be a very fast and secured transaction. Security on the part of every transaction being made help stabilize the economy to some extent.

[OrangeII]

Blockchain technology can help Economy by means of regulations(taxes needed) to limits its capability to avoid the effect of competition to the government national/fiat currency. Taxes is needed in this emerging ICO's that provide the government funds rolling in its market.

Blockchain has been widely used to solve various transaction problems especially that require speed, and someday soon will become the standard that replaces the current system is too complicated and many problems.

well, blockchain will indeed help the economy if in good use. but I feel that not only do we take advantage of bitcoin, even blockchain has also been used for money laundering, and to conduct illegal transactions. well, but I am so convinced that blockchain is able to bring about better economic development.

[Magiklair]

I think it is possible because the system of blockchain is very smart and intelligent. it will be great if it is widespread. many businesses have started using it and will continue doing this in the future because it is profitable

[Akpuv]

If only the government in various countries will open up and see the enormous benefits of blockchain technology and embrace it rather than only seeing the negative aspects of Bitcoin. This is one technology I am quite sure will help to reduce election frauds and manipulations if it is well managed or improved upon. Blockchain is a very transparent system.

[Babyhouse]

In blockchain individuals could own fractions of a work in which they gain and share knowledge, empowering people to learn from others and better understand the world. The open nature of the decentralized economy is truly inspiring. There is a real opportunity to solve many of the problems associated with our financial system.

[Kusnechik]

Blockchain will not only help the economy, but also simplify the interaction of citizens with government authorities.

[kripkiki12]

I believe that blockchain will be implemented into the economy and will play a major role in several fields. Although I am not sure about the future of cryptocurrencies in terms of changing the fiat, but the technology behind it will be exploited widely

[Mariela]

Absolutely yes.eventhough there are many critics of this kind of technology.
I believe that thru cryptocurrency it will help those poor people to raise their life and also those businessmen to find another investment. So in these kind of matters will help the economy to develop its growth income.

[Kingsingle]

Yes. Currently, blockchain helps the economy in many areas, many business areas have been using blockchain technology to operate and resounding.

[TheClownSong]

Blockhain technology is transparant ledger and its can used in any sector. Government and company can use blockchain technology to make their service more eficient. Beside that, the data more secure using blockchain

[Spaffin]

Yes, blockchein will greatly help the economy of each state, especially where it is necessary to safely and openly store large databases. Such a need for blockchein technology will be required in many cases.
It is noteworthy that the Chinese government, although it has developed a two-year program to completely ban decentralized crypto currency, but issues the largest number of patents for the introduction of blockchein technology.

[himtater87]

Blockchain was imagined as an approach to guarantee the dependability of the digital currency Bitcoin. It is a genuinely basic idea, an advanced record that record all exchanges that happen inside its framework, much like any firm or individual monitors their funds. The distinction is that the record is freely accessible to all individuals in the framework, making it difficult to adjust records without being recognized. This implies individuals can assume that money related records are totally exact without relying on a reliable outsider like a bank, a legislature or an application to affirm it.
This has expansive ramifications crosswise over numerous businesses. Not exclusively will it cut expenses and enhance proficiency by evacuating outsiders, it additionally considers far more noteworthy adaptability by giving exchanges which are an unchangeable reality, which can encourage the sharing of accounts. For instance, blockchain can enable companions to share protection, or neighbors to have a similar vitality contract and guarantee that everybody pays for precisely what they utilize.

What you are saying here has nothing to with the topic. I don’t see any way the explanation you have made can help change the economy. And by the way, Bitcoin can’t change any economy, it is we the people that decides whether we want to change our economy or let it remain bad.

The only way to help our economy grow is through good governance. When the government are not doing what they are supposed to do, then there is no way the economy is getting good, it will remain the same.

Blockchain is the new technology in the world and it is not easy to understand for an individual, even governments take long time to understand this technology and that’s why they do not allow their people to trade in bitcoin. Bitcoin is backed by blockchain and those countries that completed their survey about blockchain technology have legalized bitcoin.

[ThorWin]

Yes. Blockchain will help the economy grow and may be more stable and transparent than other types of business. Only with the new blockchain technology can make the economy grow fast

[sheryl26]

Blockchain was imagined as an approach to guarantee the dependability of the digital currency Bitcoin. It is a genuinely basic idea, an advanced record that record all exchanges that happen inside its framework, much like any firm or individual monitors their funds. The distinction is that the record is freely accessible to all individuals in the framework, making it difficult to adjust records without being recognized. This implies individuals can assume that money related records are totally exact without relying on a reliable outsider like a bank, a legislature or an application to affirm it.
This has expansive ramifications crosswise over numerous businesses. Not exclusively will it cut expenses and enhance proficiency by evacuating outsiders, it additionally considers far more noteworthy adaptability by giving exchanges which are an unchangeable reality, which can encourage the sharing of accounts. For instance, blockchain can enable companions to share protection, or neighbors to have a similar vitality contract and guarantee that everybody pays for precisely what they utilize.

Indeed, blockchein will incredibly help the economy of each state, particularly where it is important to securely and transparently store substantial databases. Such a requirement for blockchein innovation will be required by and large.

It is imperative that the Chinese government, in spite of the fact that it has built up a two-year program to totally boycott decentralized cryptographic money

[Visteryy]

Of course.
It is new technology in the world and not easy to understand for an individual, even the government takes a long time to understand this technology and that is why they do not allow people to trade bitcoin.
Bitcoin is backed by blockchain and countries have completed their survey of legacy bitcoin blockchain technology.
In order to develop economically, it must be accompanied by many other things that must be developed according to the level of expertise, education and other skills to adapt to the natural conditions of the market.