Blockchain will help Economy.

[cherryfer]

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.

Digital processed for payment was being used before Bitcoin come up. It was very helpful to our economy because every transaction had taxable deduction in accordance with the law of each country. Regarding to blackchain  which is crypto currency like Bitcoin is really big help to economy.

[DMCR lah]

the country's government wants to provide a bright future to the cryptocurrency market, but also the financial and economic sectors. The big banks have not yet decided to work with cryptocurrency, but some of the less respectable banks have applied the opportunity to work with tokens that their customers desperately want. In Spain, tax minimization for blockchain companies is also being developed. The Spanish government is already working on the bill. The main goal of the Spanish people is to establish the safest investment system in ICO.

[Reid]

Wow. That was defined well with good deep English words. 

Transparency. Yes it can be seen but cannot be revised. That is why every transactions must be fully examined before making it happen. Triple checking will be the best suit for a perfect transaction.
No banks. No one will make any issues with everything you transact.
With a large amount of money, bank clerks tend to visit their manager just so to make it sure and there is a possibility for a hold. Here you are your manager. No one can hold you for what you will make.

[developer101dev]

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.

Block chain can help the economy depending on how the government is looking on cryptocurrency, some of the countries are not legalizing cryptocurrency because they are being affected on a negative way like decreasing of funds due to people who prefer invest on cryptocurrency more than placing money on banks.

[DOLONCHAPA]

Bitcoin is virtual coin. It is using for buying,  selling and also paying. It is predicted that Bitcoins will be the world most using currency very soon.
World is now moving to virtual and every international marketplace going to be dependent on bitcoins .
Now Bitcoins using worldly for various types of business also using in various online marketplace. Clients and worker use bitcoins for paying and buying.
So Bitcoin obviously plays a vital role on the economy.

[slocker]

Yea blockchain can help, but this cannot be the question. More it could be will government accept usage and allow it. This is more to me to be question.
This can be good and from our point of view probably is but many dont like this cuz they cannot control it. Maybe im wrong on this but this seem to be that many countries are banning this and we have some that want this to be accepted globally.

[carlisle1]

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.

Yes, it's very transparent and reliable. Several countries have their "transparency portals", where people access the records of their public administrations online. It's good and useful, but a system like Blockchain would bring much more reliability and transparency to the citizens.

I also like the idea because an adoption like that would cut worthless expenses on the public administrations. Less employees would be needed, so more money could be used for what really matters and isn't having enough budget at this time because there isn't enough money to sustain a heavy payroll and to attend the basic sectors of society at same time.

If the government apply blockchain for infrastructure development, I'm pretty sure that it will get rid of the corruption since it's transparent, as people have known for a long time that infrastructure development which takes up majority of the country's budget often being used as a tool for corruption but blockchain with its transparent open ledger will simply stop it, public will know where the funds are moving, so that there's basically no chance for people to go corupt, I must say that such thing will help improve country a lot!

Sounds like you're from asian dude,because bitterness is what you are imposing about the corruption in every governmental infrastructure project,but we have same outlook on this mattersince im a government employee and i with myself knows this issue has been happening ,and i am very hard hearted whybi cant do anything to stop this,but since blockchain is here now,maybe the corruption will be lessen if may not be stopped

[JackssHarriss]

Blockchain technology is definitely innovative and can be the foundation where new security measures are created on. I think within the next few years we will see a lot more projects using blockchain technology, it's already happening actually, which ultimately will help the world economy. If you guys are looking for a new virtual currency marketplace, check out HBUS (www.hbus.com) it is launching July 6th and will offer its users the most secure platform, compliant with all regulations, and free trading days for the first thousands that register with them.

[slashz9]

I guess it's going to be a little hard for the public to accept, that's the problem for some people they prefer to be closed while the blockchain makes it transparent.
as well as for security in the long term I do not think anyone will want to keep the assets for too long, people will still choose safer, this makes the trust of some people can be lost, let's hope that better technology will emerge at least 10 years.

[yvesp110]

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.

Digital processed for payment was being used before Bitcoin come up. It was very helpful to our economy because every transaction had taxable deduction in accordance with the law of each country. Regarding to blackchain  which is crypto currency like Bitcoin is really big help to economy.

Before the arrival of bitcoin there was no proper system to send and receive money but now the fastest way of sending money at any area of the world has become too easy, we can have fast transaction of money using blockchain, it saves our bitcoin as wallet and help us sending money as fast and safe transaction, so I think our economy has become great now only because of the blockchain system development. We are not only earning but saving, sending with fast transaction only because of bitcoin.

[CryptoFeller]

Transactions on the Blockchain technology ensures secure, safe and low transaction fees. So this will allow the natives to interact freely with the outside world in terms of financial services. This will help them to generate income from foreign exchange. Moreover projects integrated on the Blockchain technology attracts a lot of investors worldwide and this could also generate income for the country.

[BigDig]

Technology blockade can radically change the entire global economic system. However, the disclosure of this potential requires compliance with a number of conditions. One of them is that the world's government will make concessions for crypto and will not interfere with the development of the market.

[PHPSELLER]

Transactions on the Blockchain technology ensures secure, safe and low transaction fees. So this will allow the natives to interact freely with the outside world in terms of financial services. This will help them to generate income from foreign exchange. Moreover projects integrated on the Blockchain technology attracts a lot of investors worldwide and this could also generate income for the country.

I think that the blockchain technology will help a lot the economy in the future, because really, it's a great technology and can make a révolution in the digital world, as you said it's safe and secure and have a low transaction fee, with these characteristic it will really help a lot of projects in the financial term.

[lelangsabun]

yeah agree with it, bitcoin can growth and help the economy but it still hard for it for being accepted by the people itself because there still any media that publish every neg side of it, every a good thing that have a two side of it, but we are the people must use it wisely anyway

[Morgann]

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.

In my own opinion, if government will have their own mining hardware in order to use block chain to improve the economy then they will earn more funds more than asking people to pay taxes on necessary needs, and people will be also free from financial problems since added value taxes will be decreased or removed.

[Noctis Connor]

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.

Digital processed for payment was being used before Bitcoin come up. It was very helpful to our economy because every transaction had taxable deduction in accordance with the law of each country. Regarding to blackchain  which is crypto currency like Bitcoin is really big help to economy.

Before the arrival of bitcoin there was no proper system to send and receive money but now the fastest way of sending money at any area of the world has become too easy, we can have fast transaction of money using blockchain, it saves our bitcoin as wallet and help us sending money as fast and safe transaction, so I think our economy has become great now only because of the blockchain system development. We are not only earning but saving, sending with fast transaction only because of bitcoin.

Agreed, for the record bitcoin is the new currency that should be develop and accepted by other countries , it should be better if bitcoin can contribute to the society itself, it can improve the economy by the use of technology it has, technological advancement is the bridge to the future, Im still hoping that bitcoin can be recognize by some countries in order for the world to have a brighter future.

[victoryana]

The blockchain is widely used in the fields of today's life such as medical services, academic education records, or calendars that require precision and security  Blockchain will help Economy

[jcarlo]

Blockchain technology absolutely can help economy. If many company and government applying blockchain on their service, it will reducing a lot cost and its more eficient. Beside that, the data will more safe and it creating transparant data

[cheann20]

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.

Yeah blockchain will help economy, becuase it is a very good to earn from an individual, we can progress  some good and nice future in our economy,  blochchain is a way to make grow our economy, and the blockchain technology will reduce the operation cost of enterprises and increase their office efficiency, just saying

[chrisculanag]

The blockchain can be very big helpful in terms of the lives of every person as well as in the economy. As others say it's used in businesses, online payments and many more. Many countries still accepting blockchain because they know the important of this .