Blockchain will help Economy.

[fauzan Ichsan]

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

many governments are reasoned like that, so they cannot legalize cryptocurrency. actually with blockchain system, it will provide many benefits that facilitate us to do something, but sometimes they don't want to lose their safe place

[zoeylee]

For me blockchain will help economy for transactions is transparent to everyone. It could prevent any corruption for any company or businesses.

[trauchot]

The blockchain is developing new technologies and helping to find new opportunities in any area accessible to humanity and to seek new discoveries, so many countries understand this and legalize cryptocurrency with blockchain technologies and many others cryptocurrency technologies, so that they can improve their economies.

[mornabo]

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

many governments are reasoned like that, so they cannot legalize cryptocurrency. actually with blockchain system, it will provide many benefits that facilitate us to do something, but sometimes they don't want to lose their safe place

if managed properly? maybe possible? because in the blockchain all transactions will be visible and transparent, of course all transactions can be monitored directly, everyone must register their bitcoin address so that everything can be controlled by the government?

[zhanyiguai261315]

Blockchain technology is a disruptive technology that promotes technological change, organizational change and efficiency change throughout the economy!
The blockchain technology itself ensures that the up-link information is synchronized, not tamperable, and not easily lost, which has been able to solve too many problems for the real economy.

[niteroy]

The blockchain technology can eliminate the possibility for corruption, fraud and falsification of documents, references and other documentation. For example, in the food industry, the use of blockchain technology can help combat product falsification and non-compliance with shelf life, which will reduce the number of defective products on the market and increase the income of producers and sellers of legal products, and this will have a positive impact on the economy as a whole.

[kripkiki12]

Blockchain technology will play a significant role in many industries from accounting to logistics. I believe there are also more fields that have not been utilized just yet, but will be in the next couple of years.

[Umkar]

Blockchain technology is a disruptive technology that promotes technological change, organizational change and efficiency change throughout the economy!
The blockchain technology itself ensures that the up-link information is synchronized, not tamperable, and not easily lost, which has been able to solve too many problems for the real economy.

Absolutely right, blockchain technology helps protect against fake information and can take the economy to a new level. Today, many sectors of the economy need the introduction of blockchain technology, because only it can improve their quality and efficiency. The banking sector of the economy is already testing and introducing blockchain technology, because bankers understand the benefits and possible profits through the use of this technology.

[Ahimoth]

Blockchain technology is a disruptive technology that promotes technological change, organizational change and efficiency change throughout the economy!
The blockchain technology itself ensures that the up-link information is synchronized, not tamperable, and not easily lost, which has been able to solve too many problems for the real economy.

Absolutely right, blockchain technology helps protect against fake information and can take the economy to a new level. Today, many sectors of the economy need the introduction of blockchain technology, because only it can improve their quality and efficiency. The banking sector of the economy is already testing and introducing blockchain technology, because bankers understand the benefits and possible profits through the use of this technology.

Blockchain technology is one reason why some crypto project become successful. So if our technology have blockchain surely it will help not only us but also our economy to have a easier and secure technology. While the thing we can get in blockchain is no one can control it and help many people to have work through it so that the rate of unemployed will be lessen.

[UNOE]

Blockchain probably will help economic prosperity, but for some people it would be end of their jobs and careers, then they will have to find another job and some of them will remain unemployed which will cause another social problem. Disruptive technologies and ideas always change our view of how we see the world.

[redsap]

this is economic revolution, with blockchain this can create some oppurtunity to cover the big hole in time and transaction fee for someone in any other side of world. well this really made world like a little place for doing economic activity

[kaisa]

All consider blockchain to be honest and fair technology, but I think that technology is man-made even though everyone believes blockchain can help the economy. however, behind it all there is a high level of trust by humans in technology. So I think it's not just the blockchain that helps the economy, but the whole technology like big data, IoT, AL, etc. that help the human economy grow.

[Fredomago]

this is economic revolution, with blockchain this can create some oppurtunity to cover the big hole in time and transaction fee for someone in any other side of world. well this really made world like a little place for doing economic activity

If being used and implemented properly this system can lessen the  delays and can make faster transaction deals between two far aways country
to its subordinate without using any third party services, the sole purpose is to be recognized as a good system that will developed much easier
and friendly use transactions.

[Anarchist]

The blockchain won't really help the economy but rather the companies. They are the one that will take the full advantage and they will save a lot of money. A bank firm will easily be able to save about 10% on the transactions costs, reduce by 20% the insurance operating costs. After a year it could be  several millions saved. Of course, don't expect to see then the prices decreased

[Allura74]

The blockchain won't really help the economy but rather the companies. They are the one that will take the full advantage and they will save a lot of money. A bank firm will easily be able to save about 10% on the transactions costs, reduce by 20% the insurance operating costs. After a year it could be  several millions saved. Of course, don't expect to see then the prices decreased

I believe blockchain can really help economy of each country since it is a secure and transparent system that can lessen the corruption of the government in terms of project amd expenses granting that they will security, then crypto currency as one of the precious product of blockchain can help many people too and can possibly contribute to their economic growth too.

[reality18]

Blockchain has the capabilities of harnessing the economy of a country. This is due to the fact that Blockchain offers job opportunities and financial freedom and satisfaction to the people. Blockchain creates jobs like bounty management, cryptocurrency merchants, developers, bounty participants, traders etc.

[tanxpresisit514]

The blockchain is developing new technologies and helping to find new opportunities in any area accessible to humanity and to seek new discoveries, so many countries understand this and legalize cryptocurrency with blockchain technologies and many others cryptocurrency technologies, so that they can improve their economies.

Many countries refuse to accept bitcoin as a means of payment, but agree to use blockchain for use in their countries. Blockchain as a bitcoin technology turns out to be applicable in many fields of life such as banks, agriculture, transportation, trade and even the military industry. The Blockchain makes the working method very efficient so that it increases economically, because there are savings in all sectors.

[Dr.Osh]

Blockchain has the capabilities of harnessing the economy of a country. This is due to the fact that Blockchain offers job opportunities and financial freedom and satisfaction to the people. Blockchain creates jobs like bounty management, cryptocurrency merchants, developers, bounty participants, traders etc.

I think this technology will not only help the economy, but everything related to the transaction will also be helped. well, it can be said that this is a good system, and quite fast. even a few days ago I read a number of articles that used the blockchain for things other than economics.

[elpiji]

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.

maybe yes, for example in my country, where most of the officials are corruptors, if my country adopts the blockchain I am sure there will be no corruption or money laundering here because everything will be transparent and nothing can be hidden from everyone,

[South Park]

For me blockchain will help economy for transactions is transparent to everyone. It could prevent any corruption for any company or businesses.

The blockchain is going to change the world, I do not have any doubt about it but it is not going to prevent any kind of corruption, that is a mistaken idea that many people in the forum have, and that is not going to happen, corruption is going to keep happening because humans are always going to find a way to try to get advantage out of any system that is created by them.