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Author Topic: Blockchain will help Economy.  (Read 2016 times)
Rath_
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June 11, 2018, 05:25:51 PM
 #61

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.

Don't expect Bitcoin to change anything. The whole process is complex and can take place only if the community manages to spread the knowledge about cryptocurrencies and its benefits. Blockchain is not only about finances but also can be used in many different projects. It will take some time to develop this kind of applications. A few decades should be enough time. Our world is going to change vastly.
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June 11, 2018, 05:29:43 PM
 #62

I really love the fact that blockchain technology will play a major role in our economy. Imagine what will this provide in terms of our business process. Corruption will be minimize in terms of the process. It will be cost effective as middleman will be remove, digital transaction will be faster and more efficient. It will create many opportunity. I strongly believe that this technology is for the masses and not only for the big companies.

that's true, and many are benefiting from this technology. and I think the less the level of corruption using this technology makes all the big companies will use it in the future.
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June 11, 2018, 05:29:52 PM
 #63

Actually, it is not a huge impact to the community but I think in the economic state there's a little contribution through blockchain.
Yes, they are right that blockchain is a kind of technology software system database that may help people make their lives easier by using this decentralized form of a blockchain that makes fastest transactions in the easiest way of sending digital money. Being transparency of bitcoin transactions history.

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June 11, 2018, 05:56:57 PM
 #64

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.
Bitcoin will help the economy of every country that supporting bitcoin. Because bitcoin can lift the while country. Just trust bitcoin and study well about it cause it is so volatile now cause bitcoin has the cheapest price and technology, the world so I create the future of money cause. Cause I am aware of the future
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June 11, 2018, 05:57:17 PM
 #65

Some bank In my country starting to use technologi blockchain
Because blockchain have a simple transaction and very fast when make  transaction
divowok
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June 11, 2018, 06:31:28 PM
 #66

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.
Blockchain will play a massive role in our economy. So long as everything with an issue can be solved in some way with blockchain. Something like Fr8 Network will help solve the fundamental issue of brokers taking most of the revenue in supply chain logistics. They will remove the intermediaries and bring revenue back to carriers and distributors. Something like Muirfield IP, private equity on the blockchain, with a goal to reinvent and improve private equity investing through the use of blockchain technology.
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June 12, 2018, 10:20:41 AM
 #67

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.

Blockchain is a digital decentralized register that allows you to register transactions without intermediaries, such as banks.
It is possible to emphasize advantages: cost reduction and speed of calculation, decentralization and transparency.
All Blockchain data is widely available and complete, protected and secure.
But the main problem is that it takes a lot of time to implement the technologies on Blockchain, it can take several years, although the cost of technologies is estimated now. This is the risk, you can make a profit, and you can and losses.
Blockchain is a very great technology and has provided a safer investment opportunity and chance to the people who want to invest in crypto. It is one of the leading software platform for those assets which are digital. Blockchain has provided greater security to the crypto investors as well. It has also given an end to the scams that has looted so many new comers into the market.
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June 12, 2018, 11:33:19 AM
 #68

Blockchain technology is making a big change in the entire functioning wherever it is adopted. Particularly over the financial system it is gonna make a big change. Future is gonna be a completely dependent on the blockchain technology which is found effective and efficient compared to the traditional system.

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June 12, 2018, 02:02:17 PM
 #69

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.

For some reasons, I see that blockchain is the evolution of technogy which breakthrough the barriers of poor and rich people. With this kind of technology, economy of a country which accept blochain would surely bloom because they embrace the future of monetary system.

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June 12, 2018, 02:53:54 PM
 #70

Blockchain technology is a good technology ... I think this technology plays an important role for the country because with ease in transactions, this blockchain can eradicate corruption because without any intermediaries. If this is implemented in my country, I think it will be very useful to stabilize the country's economy.
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June 12, 2018, 02:58:39 PM
 #71

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.

For some reasons, I see that blockchain is the evolution of technogy which breakthrough the barriers of poor and rich people. With this kind of technology, economy of a country which accept blochain would surely bloom because they embrace the future of monetary system.

Block chain is one of the way for people to earn cryptocurrency by just investing on a mining hardware, that is the reason why cryptocurrency can help the economy to grow even more so japan is just taking advantage of this current situation in the cryptocurrency world.

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June 12, 2018, 04:34:51 PM
 #72

I am 100% percent agree with you blockchain technology can be able to know in detail and detailed every data of all movements and transactions and this is actually very easy to know and access data more fully and able to monitor more deeply from an economic concept and crypto combines technology and economy become one of the unity to support the future of the world both technologically and economically, my opinion is further more fundamental if the blockchain is really valid by the government technological progress in individuals both economically and banking will be simpler and faster access, and a very big advantage and simple management, may be useful and successful for all of us
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June 12, 2018, 05:06:08 PM
 #73

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 like bitcoin but I can boldly say that blockchain has brighter future than bitcoin.The fact that bitcoin allows us to earn,protect and  send our funds without any intermediaries is very good,but Look at blockchain it has already used in many countries,Goverments use blockchain for their institutional purposes,for public safety...In my opinion blockchain has a bigger target on international level,It allows us to weak criminal behaveours between institutions...
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June 12, 2018, 05:53:15 PM
 #74

Blockchain is a future technology that will be needed by every human being. Like the internet at the moment, I read the earliest history of the internet and the case is the same as the current blockchain. Humans will only use a technology if some people have used it. And the function of blockchain will be very helpful for life that is mastered by digital. I think bitcoin will have the same fate as blockchain, because these technologies will need each other.
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June 12, 2018, 06:24:21 PM
 #75

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 bitcoin and blockchain can help the economy infact the country that supporting bitcoin and alt coins are countries that have a gooddoubt economy. Imagine your country supporting bitcoin and other cryptocurrency your country willsupporting become rich and many opportunities will pop up everywhere
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June 12, 2018, 07:09:44 PM
 #76

the main benefits of blockchain is transparency and a new platform for jobs and much more considering all these equations blockchain will boost the economy like industrial revolution we will see blockchain revolution
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June 12, 2018, 07:15:58 PM
 #77

I really love the fact that blockchain technology will play a major role in our economy. Imagine what will this provide in terms of our business process. Corruption will be minimize in terms of the process. It will be cost effective as middleman will be remove, digital transaction will be faster and more efficient.
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June 12, 2018, 07:32:47 PM
 #78

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.

Blockchain not only can help one's economy can even help the country's economy. With blockchain, the record of a transaction is accessible to everyone and the state will have no trouble chasing corrupt people in their country because they will not be able to dodge again and manipulate a transaction.
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June 12, 2018, 07:41:39 PM
 #79

Looks like blockchain will facilitate humans in transacting in the future. If humans feel helped and feel eased then this will easily help the economy around him. Because of the ease and speed of transacting is necessary to help the economy of a country.
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June 12, 2018, 08:15:06 PM
 #80

Looks like blockchain will facilitate humans in transacting in the future. If humans feel helped and feel eased then this will easily help the economy around him. Because of the ease and speed of transacting is necessary to help the economy of a country.

Block chain is the only transaction who can separate people from paying taxes and because of that, people are loving cryptocurrency because bitcoins give them the freedom to have a financial freedom in life.

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