Blockchain will help Economy.

[Xising]

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 it does. The technology behind cryptocurrencies is a big market as it yields a fair amount of money through its transactions and trades. Therefore, if more people, say in one country or locale would venture in it and earn enough money, enough to keep an economy moving, then in time, it would not only affect local market, but also economies in general. However, since there are not that many cryptocurrency users, it's still far ahead before the market can do or effect such change.

[Twentyonepaylots]

Blockchain technolohy will eliminate the need for centralized institutions such as the bank and government to simplify trade relations, turning the traditional financial and commercial model into something more interesting: a distributed, transparent, autonomous system for moving funds. Blockchain gives us the technological ability to create records of all human trading relations, currency exchange, all kinds of digital and physical assets in a completely new way.

The Blackchain system is a very good options to be adopted by the financial and business institution, yes, a digital recording system on its transaction, this could facilitate all transaction with advanced system on data safe keeping, or data recording. But with relation to the improvement of economy, i am not so sure if this would help out or contribute to the economy.

[senne]

Blockchain has provided people to enhance their security system, despite may companies being against Bitcoin they still believe that Blockchain can be taken into their daily usage. Many banks and companies have already started to implement Blockchain technology to provide a stronger foundation to the company and prevent any corruption in the system. This technology is no longer confined to crypto only and has expanded its branches in various sectors.

[gambitcoin53]

as the nature of blockchain technology are digital, there are many other windows for development, it is a never ending work in progress, the transparency of its nature really defines its sophistication, given the freedom of anyone to view the whole chain of a certain transaction, it is efficient and fast in terms of result, but as all digital is prone to hacking no matter how secured, it is vulnerable to system corruption or glitches. but i am sure the blockchain system will always be upgraded.

[Jessica2009]

 The blockchain technology will actually help the economy since in blockchain technology the transactions are recorded from the manufacturer to the buyer .There is no chance for black money  to flow since all the transactions are recorded in the blockchain . There is transparency in the transactions transparency is needed for an economic growth, the transaction is done fast since there are no third party influence  so transaction fee is low compared to fiat currency  since all transactions are recorded in blockchain  no theft  happens.

[anhhung409]

Yes, I think blockchain helps a lot so the economy of the world a lot. Many ideas, many ecosystems are born to help improve our lives as well as our economy. Blockchain can replace companies, factories, businesses. It offers many ideas and solutions to improve the environment. In addition, it creates jobs for millions of unemployed people with stable jobs

[Caladonian]

The blockchain technology will actually help the economy since in blockchain technology the transactions are recorded from the manufacturer to the buyer .There is no chance for black money  to flow since all the transactions are recorded in the blockchain . There is transparency in the transactions transparency is needed for an economic growth, the transaction is done fast since there are no third party influence  so transaction fee is low compared to fiat currency  since all transactions are recorded in blockchain  no theft  happens.

That's the good thing and if being implemented and reviewed by most government bodies, it's a good way building system for your business safe
and fast, blockchain is a good alternatives for those who can manage to advance level of transactions, the system is really effective in terms of
reliability, it's just needed to be well understood.

[ylnar123]

This is indeed a proof of the revolution of the rise of the digital age. While all individuals are starting to compete to develop eth-based token projects that are supported by the blockchain system to be one of success in this century

The rise of digital currency is proof that everything has evolved. Specified by the revolution of blockchain is the success of cryptocurrencies in which initiated by Bitcoin and other successful digital currencies.

[pinoyden]

Yes, I think blockchain helps a lot so the economy of the world a lot. Many ideas, many ecosystems are born to help improve our lives as well as our economy. Blockchain can replace companies, factories, businesses. It offers many ideas and solutions to improve the environment. In addition, it creates jobs for millions of unemployed people with stable jobs

But still , the blockchain technology wont still be possible without bitcoin and other cryptocurrencies because these so called digital currencies are the real one that help the economy.

I dont think blockchain will be discover without them although cryptos are not also possible to work without the help of blockchain technology.

So overall both of them got the credits

[iv4n]

Yes, I think blockchain helps a lot so the economy of the world a lot. Many ideas, many ecosystems are born to help improve our lives as well as our economy. Blockchain can replace companies, factories, businesses. It offers many ideas and solutions to improve the environment. In addition, it creates jobs for millions of unemployed people with stable jobs

But still , the blockchain technology wont still be possible without bitcoin and other cryptocurrencies because these so called digital currencies are the real one that help the economy.

I dont think blockchain will be discover without them although cryptos are not also possible to work without the help of blockchain technology.

So overall both of them got the credits

What you wrote man!? Do you understand anything yourself, because I doubt that anyone else understands you. Both of you are crazy I can't believe what am I seeing.  Blockchain to create jobs for millions, and how's that possible? Other man thinks that blockchain needs to be discovered, really? I don't mind you because of your bad English, we are learning, but your comments doesn't have any logic, learn more, don't waste time here.

People, people, it's always about us. Blockchain, economy, money, crypto, cars, pencil, computer, are just randomly chosen tools that help people who use them in the right way. Don't fool yourself or others, blockchain is technology and its tool for us to use it, if we use it in a right way it will help, if not it will create more problems.

[BitcoinLoan]

This is indeed a proof of the revolution of the rise of the digital age. While all individuals are starting to compete to develop eth-based token projects that are supported by the blockchain system to be one of success in this century

The rise of digital currency is proof that everything has evolved. Specified by the revolution of blockchain is the success of cryptocurrencies in which initiated by Bitcoin and other successful digital currencies.

Technology by its nature is morally neutral, which means blockchain has the tremendous power to help our future Economy. Hopefully when the dust settles, this revolution leads to a less violent, more free, open world.

[bizarro]

it is a good idea to update economic society in all word in very near future with good facilities for all players using it

[bintangkejoraku]

blockchain technology is not just about bitcoin, but if talking about improving the economy I think bitcoin is the most appropriate answer.

[dirham99]

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 agree that because the economic crypto technology will change slightly but I want to notice that it will change the scope of our finances in business and invest.
What a macro economy baout that I am sure that crypto technology will simply change it.
and we will see the crypto will dominate in the future.

[Btcallans]

The blockchain economy is a scenario and potential future environment in which cryptocurrency replaces current monetary systems, potentially on a global basis. This will help the  economy since it creates a new transparent economic environment and it shapes the rate and direction of innovation.

[Persiville]

Yes, I think blockchain helps a lot so the economy of the world a lot. Many ideas, many ecosystems are born to help improve our lives as well as our economy. Blockchain can replace companies, factories, businesses. It offers many ideas and solutions to improve the environment. In addition, it creates jobs for millions of unemployed people with stable jobs

But still , the blockchain technology wont still be possible without bitcoin and other cryptocurrencies because these so called digital currencies are the real one that help the economy.

I dont think blockchain will be discover without them although cryptos are not also possible to work without the help of blockchain technology.

So overall both of them got the credits

What you wrote man!? Do you understand anything yourself, because I doubt that anyone else understands you. Both of you are crazy I can't believe what am I seeing.  Blockchain to create jobs for millions, and how's that possible? Other man thinks that blockchain needs to be discovered, really? I don't mind you because of your bad English, we are learning, but your comments doesn't have any logic, learn more, don't waste time here.

People, people, it's always about us. Blockchain, economy, money, crypto, cars, pencil, computer, are just randomly chosen tools that help people who use them in the right way. Don't fool yourself or others, blockchain is technology and its tool for us to use it, if we use it in a right way it will help, if not it will create more problems.

Funny how it seems, but actually he's right. Well we don't really mind, and honestly it seems that they didn't fully understand what blockchain really is, aside from that maybe they are just jumping out of nowhere when they heard this could provide you income or money without further knowledge what they've been jumping into. I know and i am hopeful that someday blockchain will be implemented and could help to utilize the economy and bring its best.

[sandisunny]

Bitcoin will help economy if and only if the government buys into the whole idea of "cryptocurrency" because bitcoin is already a threat to the government, that is why they put policies in place to try to stop it but then it has not been effective. And still the economy active poor will still not benefit from it.

[breathlessz]

Yes, I think blockchain helps a lot so the economy of the world a lot. Many ideas, many ecosystems are born to help improve our lives as well as our economy. Blockchain can replace companies, factories, businesses. It offers many ideas and solutions to improve the environment. In addition, it creates jobs for millions of unemployed people with stable jobs

But still , the blockchain technology wont still be possible without bitcoin and other cryptocurrencies because these so called digital currencies are the real one that help the economy.

I dont think blockchain will be discover without them although cryptos are not also possible to work without the help of blockchain technology.

So overall both of them got the credits

What you wrote man!? Do you understand anything yourself, because I doubt that anyone else understands you. Both of you are crazy I can't believe what am I seeing.  Blockchain to create jobs for millions, and how's that possible? Other man thinks that blockchain needs to be discovered, really? I don't mind you because of your bad English, we are learning, but your comments doesn't have any logic, learn more, don't waste time here.

People, people, it's always about us. Blockchain, economy, money, crypto, cars, pencil, computer, are just randomly chosen tools that help people who use them in the right way. Don't fool yourself or others, blockchain is technology and its tool for us to use it, if we use it in a right way it will help, if not it will create more problems.

Funny how it seems, but actually he's right. Well we don't really mind, and honestly it seems that they didn't fully understand what blockchain really is, aside from that maybe they are just jumping out of nowhere when they heard this could provide you income or money without further knowledge what they've been jumping into. I know and i am hopeful that someday blockchain will be implemented and could help to utilize the economy and bring its best.

I think with ease will help improve the economy, we know blockchain is a technology that can answer it. with a fast process and with decentralized system it will greatly help the transfer process

[Twentyonepaylots]

Blockchain technolohy will eliminate the need for centralized institutions such as the bank and government to simplify trade relations, turning the traditional financial and commercial model into something more interesting: a distributed, transparent, autonomous system for moving funds. Blockchain gives us the technological ability to create records of all human trading relations, currency exchange, all kinds of digital and physical assets in a completely new way.

Blackchain is non related to the economy of one country, it a software system serve as the  central  data base or recording on the digital treed of all the transaction on either buying or selling in the trading market. past,easy to use LINK for any transaction. i would say, it may facilitate the digital transaction on the treed but don have a great impact on the Economy of the Country.

[Yamifoud]

Blockchain technolohy will eliminate the need for centralized institutions such as the bank and government to simplify trade relations, turning the traditional financial and commercial model into something more interesting: a distributed, transparent, autonomous system for moving funds. Blockchain gives us the technological ability to create records of all human trading relations, currency exchange, all kinds of digital and physical assets in a completely new way.

Blackchain is non related to the economy of one country, it a software system serve as the  central  data base or recording on the digital treed of all the transaction on either buying or selling in the trading market. past,easy to use LINK for any transaction. i would say, it may facilitate the digital transaction on the treed but don have a great impact on the Economy of the Country.

Though we say doesn't have a huge impact to the community but it helping us to have a smooth transactions either in or out. As the community embrace these new system, they might find out that they could be more productive than of before which help to improve our economy but not in a certain way to consider that blockchain technology will solve our problem regarding's on poverty we have.