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Author Topic: Blockchain will help Economy.  (Read 1193 times)
Ganbound
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August 13, 2018, 07:57:54 AM
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Actually Blockchain is on its initial stage lots of improvement is still needed, But we can't neglect the potential of blockchain because most of popular companies are working on modal which will be working on blockchain.
For example-- IBM, deloitte and startups like essentia, Mobu, wemark. It is obvious that blockchain will help economy in near future.
Blockchain is helping and assisting too many altcoin which is a indirectly helping the economy. I think that still Blockchain is in initial stage and hopeful that in future it will be more helpful for the economy.
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August 13, 2018, 10:16:22 AM
 #282

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.
How exactly is Bitcoin going to help the economy of any country, this is one thing I still don’t understand when people bring up this topic. If Bitcoin is going to help any country’s economy, it can only just make little impacts and nothing much.

If we want our economy to be good then we have the hard work to do and not just invest in Bitcoin and believing that it is going to change our economy and make it better, that’s no good point at all.

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August 13, 2018, 10:35:42 AM
 #283

Blockchain technology can become an unprecedented Web-based seamless economy layer, serving as a technological buffer for payments, decentralized exchange transactions, requests, and transfers. digital asset allocation, release, and implementation of smart contracts.
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August 13, 2018, 05:19:53 PM
 #284

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.
If we will have wise enough people to manage blockchain and integrated properly into a small business and whatever else area, I'm thinking that in that case we will have a beautiful effect on economy Zone by blockchain.

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August 16, 2018, 03:53:44 PM
 #285

Bitcoin can help every individual by making life easier and better, and if government will provide wise and affordable taxes on earnings, it will help economy also.
BartS
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August 16, 2018, 05:32:12 PM
 #286

How exactly is Bitcoin going to help the economy of any country, this is one thing I still don’t understand when people bring up this topic. If Bitcoin is going to help any country’s economy, it can only just make little impacts and nothing much.

If we want our economy to be good then we have the hard work to do and not just invest in Bitcoin and believing that it is going to change our economy and make it better, that’s no good point at all.
The biggest help that bitcoin is going to bring to the economy is the usage of money with a hard limit and with a rate of inflation known in advance, if bitcoin really becomes adopted the economy of that country or even the world will get very strong, this is why the gold standard was so successful the investors knew the exchange rates of every single currency of the world which allowed them to foresee the cost in any part of the world, something impossible to do now, and bitcoin has an even greater advantage since its quantity is limited while we do not know how much gold is still in the surface of the earth especially in the deep ocean.
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August 28, 2018, 02:23:49 PM
 #287

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.
Yes, blockchain is definitely very helpful. The transparency and security provided by it can improve the working of many sectors. Banks spends huge amount on settlement and clearing purposes which can be saved with the help of blockchain technology. It can also make smart contracts more secure. Further it has many applications in the field of artificial intelligence, healthcare, supply care management, insurance, etc.
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August 28, 2018, 02:35:54 PM
 #288

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.
Yes, blockchain is definitely very helpful. The transparency and security provided by it can improve the working of many sectors. Banks spends huge amount on settlement and clearing purposes which can be saved with the help of blockchain technology. It can also make smart contracts more secure. Further it has many applications in the field of artificial intelligence, healthcare, supply care management, insurance, etc.

   Blockchain is already helping with many things. Faster and safer transactions, it can be public or anonymous, depends
from you. When we know that inflation with Bitcoin isn`t possible it helps.
   In future when Blockchain become more adopted it will help more. It`s good that we finally have something that can help
global economy. Fair distribution is what we need, Blockchain can help us to publicly keep track of everything that`s happen
with tax money, with investments of public interest.

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NowLovebed
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September 08, 2018, 04:21:56 AM
 #289

I think If you transact in significant amounts in Bitcoin, you need to convert to a stable currency like USD immediately to prevent the risk of losing the undue value of holding a volatile currency like BTC. This "advantage" is so small over the current system.
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September 08, 2018, 06:01:23 AM
 #290

Yes, blockchain may help the economy because blockchain can give us some opportunity for earn money and get more profit.
and blockchain also can help individual for making life better and be come more easy.
glowing10
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September 08, 2018, 06:06:17 AM
 #291

Actually Blockchain is on its initial stage lots of improvement is still needed, But we can't neglect the potential of blockchain because most of popular companies are working on modal which will be working on blockchain.
For example-- IBM, deloitte and startups like essentia, Mobu, wemark. It is obvious that blockchain will help economy in near future.
Blockchain is helping and assisting too many altcoin which is a indirectly helping the economy. I think that still Blockchain is in initial stage and hopeful that in future it will be more helpful for the economy.

It is helping millions of people as they have started taking keen interest and may be if govt comes forward we could have millions of job created in this space. It will directly help the economy as well and may solve many problems of the country which normal people face.

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September 08, 2018, 06:17:16 AM
 #292

Yeah indeed it is really true that blockchain could really be the way that could help the economy through transparency by the use of blockchain. The government of south korea had already eyeing on this system to completely eradicate the corruption on their country since the s-korea are now one of the develop and well manage country.

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September 08, 2018, 06:26:53 AM
 #293

Now many of the countries are working for blockchain technology to improve it and start working for it it is helpful to the economy and it is the crypto world now that blockchain technology is handling the crypto transaction and the E business is expanding with this technology and through this those who are unemployed they work and get paid through crypto.

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September 12, 2018, 08:00:10 AM
 #294

I think its good for our economy. Company can save more cost and company can expand their bussiness. If many company expand their bussiness, it will creating more jobs and it will be good for world economy.
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September 16, 2018, 06:19:39 AM
 #295

yes you are bitcoin and blockchain technology will help the world economic conditions and with bitcoin all transactions can be very safe so bitcoin can be one of the perfect solutions to overcome future economic problems. so have as much bitcoin as you can right now because I am sure that in the future bitcoin will be increasingly difficult to obtain.
Blockchain is a digital technology that is capable of recording and filtering all data on many interconnected servers so that it is very difficult to manipulate or steal without being discovered, because of the monitoring of many servers. The added value proven in bitcoin is the cost is cheaper, transactions are easier and safer. This technology can also be applied in many fields such as forestry, agriculture, trade, etc.
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September 16, 2018, 07:41:36 AM
 #296

Bitcoin will restore the underdeveloped economy. For the reasons for applying Blockchain technology to the business, finance.
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September 16, 2018, 08:07:02 AM
 #297

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.

I think blockchain provides important things for the protection and trust of crytocurrency because it gives comfort to insert some bitcoin without knowing other people even though they can see some that we have and how many times we make transactions in my opinion this is still reasonable and very safe for me . how about yourself???
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September 16, 2018, 08:14:02 AM
 #298

To make blockchain will help the economy, should adopt it , use it like the peer to peer organising a payment without involving a third party. Blockchain should not be refer only as an speculative investment because it become a bubble and it really pop this time.
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September 16, 2018, 08:18:06 AM
 #299

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.
Of course yes! Blockchain technology really is a big help to us and to our country's economy and even worldwide. Here a lot if people gain, the jobless and those whose job will only support the basic needs of the family.
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September 16, 2018, 08:31:19 AM
 #300

it is true that blockchain is very useful, but the problem is anonymous transaction records, which provide an opportunity to disguise illegal transactions such as money laundering, terrorism and drug transactions. this is a dilemma for blockchain technology

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