Mercryptocurrency (OP)
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June 12, 2018, 08:06:18 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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Tankdestroyer
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June 12, 2018, 08:58:15 AM |
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Blockchain can continue its development without cryptocurrency but it will be used to reimagine a business' industry particularly in the finance sector(banking and money remittance). Nevertheless, crypto will also develop side by side with blockchain technologies to improve decentralized payment system(since it's foundation will improve) in order to be used in peer to peer transactions more efficiently.
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Raypok
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June 12, 2018, 09:09:51 AM |
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Yes for sure, it's already happening for some time. Many publicly traded companies worldwide are developing, researching or participating in blockchain projects. The use case of blockchain is high on their agenda's, i think for some secor/branches this technology would be a massive step forward to make their bussiness processes much more efficient. As example think about crossborder logistic companies, like bulkcarriers, clearing at the customs with all the paperwork takes a lot of time, clearing paperwork through speeds up and its safe.
With regards
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avikz
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Blockchain is the foundation of crypto currency, Crypto currency is not the foundation of blockchain. It is just one use of blockchain's distributed public ledger system. So blockchain can certainly develop without the crypto currency. Especially in any data intensive sectors like land records, insurance records, medical records etc. Not in the future, but a lot of governments are now trying to effectively use blockchain technology in some of their record maintenance systems. India is known for its hostile mentality towards bitcoin, but even they are researching blockchain technology to make it useful for energy and fintech sectors. So, crypto currency is just a practical use case for blockchain and nothing else. The reach of blockchain is much more than we can imagine at this point of time.
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danivan7
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June 12, 2018, 09:13:56 AM |
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Hopeman1
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June 12, 2018, 09:51:14 AM |
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Many countries now recognise the value of blockchains, but they do not recognise the cryptocurrency market. Just like China, they only develop blockchain technology, but they deny the entire market.
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ranman09
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June 12, 2018, 09:56:40 AM |
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I agree also that the technology will still exist. Cryptocurrency is just one the uses of blockchain. Blockchain can be used in many cases. I believe Web 3.0 is the best usage for it. Information is money today
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Boldmaxx
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June 12, 2018, 10:05:59 AM |
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Blockchain usage can be applied in many other institution as well as platform other than cryptocurrency. For this reason, its usage will continued to be adopted by new industries. Cryptocurrency will also tag along in terms of growth as time goes on. But will blockchain development be dependent on crypto usage? The answer to this is a big no.
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Kakmakr
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June 12, 2018, 12:17:54 PM |
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It is not Chain Block technology, it is Blockchain technologies. Also, Crypto currency technologies are all built around some Blockchain type development and the two is very closely linked to the original project. <Bitcoin> The terminology is explained in the Bitcoin Whitepaper : https://bitcoin.org/bitcoin.pdf by Satoshi Nakamoto We cannot go around and make up our own definitions and terminology as we want to, because we need to speak the same language, when it comes to Crypto currencies.
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Melody2
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June 12, 2018, 12:33:31 PM |
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Definitely. Blockchain came about because of Bitcoin. Today we can see that the technology can be applied in several other aspects of business. Blockchain may be used independently of crypto but I don't believe it will stop the growth of Bitcoin and altcoins
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Angle22
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June 12, 2018, 01:36:39 PM |
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That can happen, because today many companies are using the blockchain system in managing their company, and that is without having to get involved with cryptocurrency.
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SabrinaSwo
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June 15, 2018, 07:36:50 AM |
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I want to share with you my latest discovery - HelloGold. It is the foundation which goals are both heavily vested in blockchain technology and focused on expanding the availability of products that are targeted at helping the underserved and unbanked. Moreover, they have really good conditions for people who joined to Airdrops.io on Telegram and Twitter - you can receive 150 HGT tokens. I did it and it is great! Anyways, good luck with your investments If you want, you can learn more #HelloGoldFoundation
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hugeblack
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June 15, 2018, 10:57:37 AM |
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Blockchain applications are not limited to digital currencies but extend to many uses such as documentation of documents, business processes, applications in shipping and export to the electoral systems. Bitcoin/cryptocurrency "Blockchain protocol" is one of the most famous applications of Blockchain, a significant contributor to the knowledge of people with this technology, but this does not mean that the rest of the applications will end with the end of Blockchain.
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hatshepsut93
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June 15, 2018, 11:09:53 AM |
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I thin people have wrong understanding that blockchain is the heart of cryptocurrencies, kinda like engine is the heart of automobile, and that you can use the same blockchain in other applications. In reality, cryptocurrency protocols consist of many vital parts like network of nodes, consensus algorithm (PoW/PoS, etc.), nodes that create new blocks via mining or staking, scripting. Blockchain is just a type of database that has some optimizations for working in decentralized environment, but it's not the source of decentralization, resilience and other properties, PoW and user nodes are. So, when companies tell us that they will use blockchain technology to make themselves more decentralized, they often mean that they will just use blockchain database, while putting very little effort on other parts like nodes and consensus, so in the end they might just waste effort without any progress. Many experts have already noticed that there are very few successful blockchain applications, most of them exist only in theory or in very early stages, despite the fact that this blockchain hype lasted for years.
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katelynsk
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June 15, 2018, 12:39:26 PM |
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Blockchain is a powerful technology that doesn't need cryptocurrency to operate. We just need to find another way to encourage users to participate. For example, fiat money, additional rights and bonus features in the system depending on the project. The advantages of the blockchain itself (reliability, stability, etc.) after all. "Miners" and "forgers" will keep their benefits in a different form.
But this cannot be told about entrepreneurs. I think this won't be profitable for them. ICO is often an easy way to raise money quickly (not to say about all those scammers), so that many companies introduce technology of blockchain for the sake of ICO and cryptocurrency themselves. So, they won't cancel the fund-raising process.
By the way, does somebody know such projects (blockchain without crypto) which already exist at the moment?
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vendorLazy
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June 15, 2018, 12:54:28 PM |
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A lot of projects use cryptocurrency just because it's profitable and the blockchain technologies were already in use but had a different name, don't think that brings something new into the world
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budismile
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June 15, 2018, 01:15:34 PM |
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I think the blockchain system will continue to grow even in the absence of cryptocurrency, many systems have been built from Blockchain. I myself have imagined in the future, all the technology will use the blockchain system.
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franky1
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June 15, 2018, 01:22:32 PM |
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publicly audited chains are called blockchains privately audited chains are called distributed ledger technology (DLT)
the data these 'blocks'/ledgers hold do not have to be financial. they can be identity, location, product ID, batch numbers, vhicle information, biomedical information.
basically any data that needs to be stored in more than one place for a 'place' to utilise the data efficiently will benefit from blockchain/dlt as it ensures the copies are valid and equal. it can help to ensure remote locations have data but dont have control of editing the data without certain permission/audits done automatically via the protocol
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Cult
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Enter the future of gaming
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June 15, 2018, 02:16:07 PM |
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Smart contracts are a good example. Issuance of tokens is not obligatory for that. Basically it can include any function which is to be implemented when some event happens or some requirements are met. And the main advantage of it is that it can't be changed as soon as it's activated.
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Maveth13
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June 15, 2018, 03:34:33 PM |
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Not just in the future, blockchain is being used not just for cryptocurrencies now. It's being used for audit processes, supply chain transparencies and even file security. If you've been or watched blockchain conferences you'd see a lot of companies or businesses incorporating blockchain in their system. Deloitte has been a fan of blockchain technology for a long time.
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Tylev
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June 16, 2018, 06:25:20 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
The technology blockchein can really be used in various sectors of our economy and in general our lives except for crypto currency, including where it is necessary to safely store large databases. So, in my country blockchein technology is used to store data of the land cadastre, that is, data on the status and characteristics of each land plot in the state and its owner.
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adeola1
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June 17, 2018, 07:00:00 AM |
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Blockchain is the establishment of cryptocurrency, Cryptocurrency isn't the establishment of blockchain. It is only one utilization of blockchain's appropriated open record framework.Blockchain can positively create without the cryptographic money. Particularly in any information serious areas like land records, protection records, restorative records
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aezotxmb
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June 17, 2018, 03:54:44 PM |
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I think the block chain technology will be difficult to develop if it leaves the encrypted currency. The encrypted currency is an incentive system, and the block chain technology that is not motivated is not a real block chain.
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feinter
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June 17, 2018, 04:19:49 PM |
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Of course, it is possible! Cryptocurrency is just one of many different blockchain usability methods. For example, we know that ethereum has a smart-contract function, that might be used in a variety of human daily activities.
Artificial Intelligence and blockchain technology are a match made in heaven. Blockchains can feed AI data safely and securely. Sensitive and personal data can be used to improve our lives and the lives of future generations, and with blockchain tech’s encryption, the information will remain anonymous and immutable.
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senin
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June 19, 2018, 04:08:27 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Of course, blockchein technology can be used separately from crypto currency. This primarily can be where you need to safely store the data of large information bases for use by various consumers in the online mode. It can be any large amount of information that must be protected from outside interference, but which must be put on public use on the Internet. There are as many ways to apply blockchein technology.
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Morvarid89
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July 04, 2018, 01:48:36 AM |
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sure. BTC is simply a financial market. It's like forex, and blockchain is technology.
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HSRP
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August 03, 2018, 09:08:20 AM |
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Of course, it is possible! Cryptocurrency is just one of many different blockchain usability methods. For example, we know that ethereum has a smart-contract function, that might be used in a variety of human daily activities.
I also hope to find something new. To better the electronic market, and not sell the electronic money clean, directly affect the investor community. Hope e-money makers study them scientifically and for value to the community. The main purpose is to promote the global economy.
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Ranly123
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★777Coin.com★ Fun BTC Casino!
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August 03, 2018, 09:15:18 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Most probably yes, blockchain does not only tackle on cryptucrrency only, and hopefully we can find something new which would develop through blockchain aside from cryptocurrencies.
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Madara_Uchiha
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August 16, 2018, 10:26:35 AM |
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Blockchain is technology. The method of its application can be different, and the degree of decentralization is only a parameter that can have different values.
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zhanyiguai261315
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August 16, 2018, 10:53:28 AM |
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Of course, the cryptocurrency is just the application of the blockchain! The cryptocurrency is just the money needed to maintain the operation of the blockchain! Many technology companies do not need to maintain and run projects through cryptocurrencies!
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paynercash
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August 16, 2018, 12:19:06 PM |
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Surely, the use of blockchains can be applied to many other organizations as well as platforms without cryptocurrency. The use of Blockchain Technology is adopted by the new industry and will continue continuously. Over time, its use has continued to grow. It will never stop by Bitcoin or Altcoin.
It's all in the elements to create this technology era. Each sector is connected to each other to create a great work. And the special thing here is that it can not be lacking, this is complementary to that. It is very difficult for Blockchain to go alone without electronic money. This is unlikely, I believe it is.
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bongnor531
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August 16, 2018, 12:24:47 PM |
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I believe that the answer is yes. The technology itself can be used in various areas, like in logistics, procurement, finance, insurance, etc. Tech giants and national banks are also considering to implement the blockchain technology, so I think the future could be bright even without cryptocurrencies.
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Mastsetad
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September 07, 2018, 10:34:37 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Without cryptocurrency I don’t really see any use for blockchain. Blockchain is meant to run alongside cryptocurrencies and they are meant for cryptocurrency, without cryptocurrency there will be no use for blockchain unless maybe they will find something else to do with it, but I don’t see any useful thing that they can create on the blockchain which is not cryptocurrencies like bitcoin.
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Gumpfire
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September 07, 2018, 03:47:08 PM |
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I think blockchain technology can live without cryptocurrency but i think it will not continue its development because blockchain technology has started its popularity because of bitcoin and cryptocurrencies, so i think blockchain will be no use without cryptocurrency.
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eternalgloom
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September 07, 2018, 04:01:14 PM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Without cryptocurrency I don’t really see any use for blockchain. Blockchain is meant to run alongside cryptocurrencies and they are meant for cryptocurrency, without cryptocurrency there will be no use for blockchain unless maybe they will find something else to do with it, but I don’t see any useful thing that they can create on the blockchain which is not cryptocurrencies like bitcoin. I kinda agree with this and I'm surprised this hasn't come up sooner in this thread. Blockchain without the cryptocurrency aspect could exist, sure, but what's interesting about that. You'd just have a public ledger, but no incentives for processing transactions. It's cryptocurrency together with a blockchain what makes it revolutionary.
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Impulseboy
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September 07, 2018, 04:03:20 PM |
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I think so, yes. I have read somewhere that the blockchain technology will be used in virtual reality. Even without cryptocurrency, other business industry can still run on blockchain and not just cryptocurrency.
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automaticmoney
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September 07, 2018, 05:21:57 PM |
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Blockchain technologies cant be developed without crypto both the crypto and blockchain both work one to one in tandem we can expect both grow individually
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denuhaqiqi
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September 09, 2018, 02:03:50 AM |
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Blockchain technology can track and record every information and transaction that occurs, and the unique record cannot be falsified. Blockchain can be used by companies to share information transparently and efficiently. This is of course useful not only for financial transactions, but also for other things such as logistics (blockchain can record vehicle movements, travel journals, calculate the amount of fuel used, so it can determine the timing of vehicle replacement parts), health (blockchain is used for make health records in the hospital and record each of these changes appropriately, making it easier for patients to move from one hospital to another), education (blockchain is used to record, store and verify diplomas and other academic records for each student without being able to be removed or falsified), even the government can use blockchain for general elections, tenders, procurement and purchase of goods. so that it avoids acts of corruption in government institutions (because the blockchain is able to make and save these records without being able to be deleted).
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yusupjatigumilar
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September 09, 2018, 02:19:19 AM |
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it's impossible for me to say that if blockchain is without crypto currency, blockchain usage is really good if used in several fields such as in government to make government transparent but I think if the government uses blockchain technology without crypto currencies they use the blockchain won't work , because the blockchain system runs when there is mining activity which confirms and verifies in each relaxation block where the miner will get rewards in the form of crypto currency from the blockchain they choose as a mining pool, so if there is no reward they can receive from mining there is no transaction which occurs because there is no confirmation from the miners in each block
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Tides_Network
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September 09, 2018, 03:07:38 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Blockchains don't technically need a currency, bitcoin is quite simply simply a token representing value but other more convoluted things can be put in blockchains besides simple tokens.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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leavolnhals
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September 09, 2018, 03:16:03 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
I do not think this will happen. The basic stuff is running very well but it still does not have a good foothold in the world. It needs to stay this way for a long time and need some revision to attract more investors.
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Aiko23
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September 09, 2018, 05:50:37 AM |
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Blockchain is a system of recording or databases that are widely distributed on the network, or also called the distributed ledger. So blockchain can stand without cryptocurrency. only now we find hundreds of projects using blockchain and create lots of tokens to deal with in the project
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jrrsparkles
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Eloncoin.org - Mars, here we come!
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September 09, 2018, 06:15:07 AM |
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Even if there is no crypto currencies the blockchain technologies have applications in this modern world so it will be developed on other fields too in the future,but now crypto currency already became part of our economy so it is not going to stay away from this world anymore unless a new technology comes and makes the bitcoin technology no use.
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sublime5447
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September 09, 2018, 06:47:56 AM |
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Innovation requires research and it requires funds. Theref ore, as long as the blockchain profitable for economy and profit one or more parties, blockchain will still get attention and development, unless there are other innovations suddenly appear like the blockchain itself which is given by Mr. Nakamoto to the world.
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Ridwan Fauzi
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September 09, 2018, 07:16:18 AM |
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The blockchain function is broader compared to cryptocurrency, as data processing and a transactional bookkeeping owned by blockchain will make various sectors, either from the industrial sector or other sectors, to adopt this technology. Who I know, blockchain was created to write all transactions in bitcoin, so if you ask blockchain to develop without cryptocurrency the answer is yes blockchain can develop without cryptocurrency. But on the contrary, cryptocurrency won't exist if the blockchain is destroyed.
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Dudeperfect
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September 09, 2018, 11:02:49 AM |
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To be honest, I believe that blockchain is not the blockchain without decentralization part of it. When banks and private institutions are adopting blockchain technology, they are not actually transferring the control as per the decentralization so we cannot take the full benefit of it in that case. However, when it comes to the real blockchain project, cryptocurrency is necessary as it is like the fuel for the whole infrastructure. We won't be able to use blockchain ideally without cryptocurrency, in my honest opinion.
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frowsiter
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September 09, 2018, 12:37:04 PM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Yes off course it will continue to rise no matter what happens. I mean it doesnt matter if the crypto currencies exists anymore or not because as you said blockchain itself is base for them and this thing is not the other way around. Blockchain is self sustained technology which is there and can be modified due to its open and decentralised source and thus anyone can use it for their own benefits. This tech can be used anywhere in the world and in any industry. So surely it will survive on its own no matter what happens with the crypto currency.
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geegaw
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September 09, 2018, 01:06:18 PM |
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Even if there is no crypto currencies the blockchain technologies have applications in this modern world so it will be developed on other fields too in the future,but now crypto currency already became part of our economy so it is not going to stay away from this world anymore unless a new technology comes and makes the bitcoin technology no use.
Indeed, blockchain technology will still grow in other areas without cryptocurrency but I strongly suspect that this development will be maintained to some degree, it can not go any further in the future because it lacks a tool, a product that can be linked to other areas. And here, I can say this omission is located in cryptocurrency, this is where intermediaries that help blockchain technology clearly demonstrate its value and convenience, in addition, legal barriers and issues surrounding the blockchain remain unresolved, that just made the technology really stand out when it passed crypto, instead of other fields
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cizatext
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September 09, 2018, 01:22:04 PM |
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The blockchain technology was developed for the sole aim of making financial transactions easy and on a peer to peer system, so the blockchain can and is use in the finance sector of the economy. But cryptocurrency became the major user of the blockchain due to it operations which is base on blockchain as it bank and the system on which it runs. But blockchain will keep developing without cryptocurrency.
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deisik
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September 09, 2018, 07:44:57 PM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Technically, blockchain (it is blockchain, not chain block or chain saw, yeah) is just one approach to organizing a distributed, fault-tolerant database, so it can be used in this field specifically. It may be not a very efficient solution for in-house applications where there is no issue of trust between nodes, but in a trustless environment it is probably the best solution out there, though I'm not that tech-savvy to make any definitive conclusion in this regard In addition, it is rumored that the blockchain technology can be used for elections as it effectively prevents rigging the results, though I don't know if any government in the world would agree to implement a system which they don't have total control of. And especially in such delicate matters as the polls
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senin
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September 09, 2018, 07:47:11 PM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
The technology blockchein is not directly related to the crypto currency and may well exist by itself, even if there is no crypto currency. First of all, blockchein technology is used where it is necessary to openly and safely store large databases using the global Internet. In my country, for example, blockchein technology is used for open storage and use by one of the ministries of the database of the Land Cadastre, that is, the database where information is kept about all the owners of land plots of the country and their full characteristics. These data are constantly replenished and changed. Earlier, putting such information on the Internet for open use was dangerous because of all sorts of hackers, but now blockchein technology allows doing this with a high degree of security. There are a lot of such examples and they have nothing to do with crypto currency.
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jak3
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September 09, 2018, 08:14:56 PM |
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one of the most successful reasons behind cryptocurrency was blockchain system. It was taken a long time and it has a lot of potentials. People are trying to use it for numerous projects like smart contacts and even altcoins, But it can be used with mostly on solving problems which include huge databases. Maybe blockchain will become something like a new data structure.
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Zigzagkuy
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September 09, 2018, 08:28:15 PM |
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I think blockchain technology will continue to grow without cryptocurrency. Because this technology is a modern technology and certainly will continue to grow. Now many industries are using this technology. So blockchain technology is a very good technology for the future.
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junglist.massive
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October 20, 2018, 06:11:10 PM |
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If blockchain can't maintain crypto's trium ph, blockchain still has the opportunity to be implemented in industry or daily life. Because I’m pretty sure blockchain has a greater potential to be used and useful for humanity.
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Harlot
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October 20, 2018, 06:31:50 PM |
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Well a lot of multi-billion dollar companies are applying patents on their own version of blockchain so I think even without cryptocurrencies the technology of blockchain has left will be use on other matters. They have made versions for medical records, bank records, government projects there also there will still be a lot of ideas for different kinds of blockchain. Cryptocurrencies just became the face of blockchain which made it noticeable to a lot of people (especially companies) and now it will live on without them in the future.
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Rustamm
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October 20, 2018, 08:46:37 PM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Of course, if the cryptocurrency disappears, blockchaine technology will exist and develop further. Blockchaine technology is much broader than cryptocurrency. Cryptocurrency is one of the options for using blockchaine technology. This technology is now conveniently used as a safe storage of large databases in online access to the Internet. That is, for the first time, blockchaine technology makes it possible to summarize information on narrow directions on a planet-wide scale. Such an earlier opportunity was not available and the scope of its application in this regard is limitless.
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jossiel
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October 20, 2018, 09:18:23 PM |
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Blockchain can be used and is applicable for companies when they want a certain upgrade for their systems. And some are already applying it so even without crypto's they can use and adopt it.
But I've heard a blockchain "expert" said that blockchain wouldn't grow that far if bitcoin isn't associated to its growth.
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Dasha88fed
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October 21, 2018, 03:33:30 PM |
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Many countries now recognise the value of blockchains, but they do not recognise the cryptocurrency market. Just like China, they only develop blockchain technology, but they deny the entire market.
It is true that many firms, companies, banks, countries have seen the value of blockchain technology and rather quickly implement this technology, but do not talk about their position on cryptocurrencies. I believe that blockchain technology and cryptocurrency will develop in parallel but not necessarily together. As a result, cryptocurrencies will enter all sectors of the economy where there is a need for making payments.
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bitcoincitr
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October 22, 2018, 09:37:54 PM |
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Recently, cryptocurrency is the main use of blockchain technology. Technology can be applied in some other aspects of business. By time, we will see some branching and specialization on blockchain technology. This is called adaptation. But saying that blockchain technology can continue its development without cryptocurrency is ridiculus.
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Indrawan77
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October 23, 2018, 03:03:48 AM |
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Yes the blockchain could grow without crypto, now blockchain already gain popularity and the usage of blockchain not only rely on crypto but there are so many sectors in real life that ready to implemented blockchain, blockchain could create a transparent transaction that could solve many dispute problem
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sinkfish
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October 23, 2018, 08:13:14 AM |
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we do understand blockchain can do alot of improvement to current system. everyone is looking even efficient system for themselves, either for lesser worker or even bigger corporation. just that now we still dont know how to use yet.
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hahay
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October 23, 2018, 08:20:09 AM |
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That is for sure, with the transparent blockchain system there will definitely be many developers from various sectors will develop it without cryptocurrency. So far I see that after bitcoin continues to grow, the digital world is also more developed from various aspects, so of course I'm sure if blockchain technology will be a model for digital developers out there.
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margaret22
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October 23, 2018, 08:24:26 AM |
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I think the development of this technology would get much slowlier without cryptocurrencies, simply because less people would work on it. But I think it would continue.
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nazaididuan1
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October 23, 2018, 09:07:52 AM |
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Blockchain is a technology, and encrypted digital currency is just a product, an application of blockchain technology. Blockchain technology is already a hot topic! It will bring new opportunities to the existing traditional industries!
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WiresAreComing
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October 24, 2018, 06:04:49 PM |
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If one had a closer look on current ICO projects, it's hard not to notice that many of those projects can work without tokens. In some cases they're added just to be in the trend, no wonder we see lots of comments like 'does your project really need its own token?' This point, as well as governments looking into Blockchain solutions for governmental institutions, speaks for the idea that Blockchain will continue to develop even without Cryptocurrency. We can see this implication already, Cryptocurrency is only the most known part of Blockchain, not the whole technology.
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senin
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November 03, 2018, 06:48:44 PM |
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Many countries now recognise the value of blockchains, but they do not recognise the cryptocurrency market. Just like China, they only develop blockchain technology, but they deny the entire market.
Yes, now almost all states highly appreciated the advantages and real possibilities of the blockchain technology. Even those states that do not recognize cryptocurrency have a positive attitude to blockchain technology. This is particularly evident in the example of China, where the largest number of patents are issued for the introduction of this technology. Of course, cryptocurrency is not even the main use of blockchain technology. Its possibilities for implementation are very huge and diverse.
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South Park
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November 03, 2018, 10:47:09 PM |
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Of course the development of the blockchain is going to keep going even if cryptocurrencies failed, in fact banks are very interested in the technology and the same is true for many industries and governments as well, do not forget that what banks hate is that cryptocurrencies are above the blockchain since they understand very well that cryptocurrencies can replace them if the right circumstances appear.
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Bitfling
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November 04, 2018, 03:19:31 AM |
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I do believe blockchain is a technology and every technology always evolve. Blockchain not always related with cryptocurrency because blockchain can used in any bussiness like distribution or even election.
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wuvdoll
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November 05, 2018, 09:07:10 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
For sure. I know cryptocurrencies may look like needed for the technology to rise but right now there are a lot of companies that make new software and programs and started working with even governments not only other companies. CXC just signed a new contract with blockcert just to keep its certificates and so forth with the blockchain company and they will be offering digitizing of all the documents on their blockchain which will help people reach their documents anywhere they are. This allows government to just keep them on their computers and even there was some sort of natural disaster all of it will be saved on the chain. Basically these companies are offering amazing promises to companies and governments and that allows them to get bigger and make more money over time and they do not need cryptocurrency.
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Jaycee99
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November 05, 2018, 01:34:27 PM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Here is my point of view on how it will work which to see without bitcoin and any kind of cryptocurrency like altcoin. It is all posible why? it is because of you or rather the person who will get into it and create a better and good blockchain that can be seen its potential. Still just to enlighten you guys It will be all about the marketing strategy and all about the persons knowledge about Advertising and concepts of the blockchain. of some would say the cryptocurrency is the head of blockchain you are wrong it is the user it self who creates more or out of the original.
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andriarto
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November 05, 2018, 02:00:44 PM |
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I do believe blockchain is a technology and every technology always evolve. Blockchain not always related with cryptocurrency because blockchain can used in any bussiness like distribution or even election.
right, but on the contrary, cryptocurrency without blockchain, i don't think it can work. just happens to be between the famous blockchain and cryptocurrency together, so it's not the least analogous about both are same thing
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alex_gr_cc
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November 05, 2018, 02:25:11 PM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
In general, the blockchain technology can do without cryptocurrency. I know projects in which there are smart contracts in which cryptocurrencies are not used. It all depends on the business model. But, as a rule, the business model of blockchain projects is constructed using cryptocurrency. It is very convenient. Without this, most projects would not be able to monetize their ideas.
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yitzjoe
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November 05, 2018, 02:25:49 PM |
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blockchain core from cryptocurrency but we can implement blockchain in many other fields. like the blockchain in presidential or senatorial elections which allows for more transparency, effectiveness and efficiency. blockchain in the fields of medicine and hospital management focused on patient medical records and more
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blackhawkeye1912
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November 05, 2018, 02:31:28 PM |
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Blockchain technology can exist even without bitcoin or cryptocurrencies. However, for us to utilize fully the blockchain technology, these cryptocurrencies work together to make the function of blockchain possible. These coins acts as media to connect blockchain and the users.
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Escf4
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November 05, 2018, 08:56:13 PM |
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Blockchain technology can still continue its development without cryptocurrency , because they are of separate kind of technology , blockchsin can be used to other technogy and business , because its functions of gathering datas are suitable to other ,aside from cryptocurrency.
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GIGZI - INDEPENDENT WEALTH MANAGEMENT www.gigzi.com
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bayu7adi
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November 06, 2018, 12:33:13 AM |
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Blockchain is the foundation of crypto currency, Crypto currency is not the foundation of blockchain. It is just one use of blockchain's distributed public ledger system. So blockchain can certainly develop without the crypto currency. Especially in any data intensive sectors like land records, insurance records, medical records etc.
100 for you, here the blockchain level is above from cryptocurrency, it's true that people say this that cryptocurrency is only part of the blockchain, so Jack Ma once said that the blockchain would be the technology of the future, and bitcoin would be a bubble. In the future, blockchain technology will probably be needed without having to use cryptocurrency.
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Vektrum
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November 08, 2018, 04:51:25 AM |
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Cryptocurrency is just one of the products of blockchain technology. There may be many of them. Therefore, the blockchain technology, as a broader concept, may well exist without cryptocurrency. Blockchain technology can be used wherever large databases need to be stored in open access mode while maintaining a high degree of security. In the Internet system, this opens up unlimited possibilities, since it allows you to cover certain types of activities at once across the globe.
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yndye
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November 08, 2018, 05:00:41 AM |
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Cryptocurrency is just one of the products of blockchain technology. There may be many of them. Therefore, the blockchain technology, as a broader concept, may well exist without cryptocurrency. Blockchain technology can be used wherever large databases need to be stored in open access mode while maintaining a high degree of security. In the Internet system, this opens up unlimited possibilities, since it allows you to cover certain types of activities at once across the globe.
Yes, that's the beauty of this technology because it lets you have limitless possibilities because it can have a wider scope in a trustless system. Unlike in the technology that we have nowadays that is mostly centralized wherein there is a limit as to who can access it and then those who handle the system can freely do to whatever information is there in the system since they are the authority while in blockchain technology, it needs a permit to more than half of all the people who has access to it which makes it next to impossible of being hacked. As for the usage of blockchain technology without cryptocurrency, yes it is possible because it can exist without the other while cryptocurrency cannot exist without blockchain technology.
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spongegar
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November 21, 2018, 03:59:07 AM |
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I'd think that crypto currency and blockchain is independent with each other. Blockchain technology is just a means of distribution, record and other good stuff that could be applied to other things not just crypto currency. I just hope that we see more and more innovations on both crypto currency and blockchains.
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Argoo
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November 21, 2018, 05:06:05 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Of course, the blockchain technology may well exist without cryptocurrency. Cryptocurrency is only one of the uses of this technology. However, it can be used and is used in many other cases where you need to safely store large databases in online mode, that is, in the mode of constant access to this database through the Internet by everyone. For example, in my country, the blockchain technology is used by the Ministry of Justice to access citizens to information about the country's land cadastre data, that is, data on all land plots and their owners. For a small fee, any citizen can get an extract from the land cadastre on the state of any land plot in the country and it is very convenient.
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setupbounds
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November 22, 2018, 09:13:38 AM |
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I'd think that crypto currency and blockchain is independent with each other. Blockchain technology is just a means of distribution, record and other good stuff that could be applied to other things not just crypto currency. I just hope that we see more and more innovations on both crypto currency and blockchains.
Actually, I would say cryptocurrency is actually dependent on blockchain technology since that is the technology which it is laid on anyway, but blockchain technology is a technology on its own, and with or without cryptocurrency, it will always thrive. We all know the rate at which blockchain technology can be applied to a lot of things when used in real life or implemented, most especially when it comes to transparency and accountability which is what would actually be disrupting the way things are done basically in most sectors and in this case, we are already seeing it disrupt the financial sector.
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trauchot
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November 22, 2018, 10:38:41 AM |
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Of course, the blockchain technologies are already fully studied and implemented in those areas that people really need in the first place and with the help of these technologies we have already received incredible progress, so we are only at the first stage of development of the cryptocurrency sphere and blockchain technologies, so even if the entire cryptocurrency disappears, the blockchain technology will not go anywhere, because we need them and it will improve our future.
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redsap
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November 22, 2018, 10:42:47 AM |
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yeah of course that can be, blockchain are technology that made cryptocurrency, and without it block chain development can still flow but need some of object that can be impelemnt in that blockchain technology to make research still goes on
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serjent05
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November 22, 2018, 11:07:59 AM |
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Yes. There are projects out there that are running and are built in blockchain technology but has nothing to do with crypto. As a matter of fact, I’ve read somewhere a certain post that suggests blockchain to be best used in the government to promote transparency and to minimize fraud and corruption. I believe blockchain technology will continue and will be widely adopted apart from cryptocurrency.
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shiming
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November 22, 2018, 11:27:51 AM |
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in China. Alibaba uses a blockchain system without coins. Track logistics. It can also fight counterfeit products. Currently in use, there may be more occasions in the future.
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Gabali126
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November 22, 2018, 11:45:39 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
There is no doubt that the driving force of the blockchain technology is the cryptocurrency due to the direct monetary value attached to it. But even without the cryptocurrency, I believe the technology will still be developed by some organizations.
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harapan
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November 22, 2018, 12:45:02 PM |
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yes, the blockchain system is not at all tied to cryptocurrency. blockchain is a security system, and of course it can be applied in all fields, especially in the financial sector of the company.
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PlasticIcescapades
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November 22, 2018, 01:03:21 PM |
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Call me cynical, but unless there is a material interest at play, nobody is very interested in innovating. Cryptocurrencies have opened the door for people looking to make money. The example of some of them having made serious money, got others interested. The desire to become also become rich kept them in the crypto world.
This all helps the projects, few as they are, that are looking to use blockchain technology to innovate.
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guoyu78
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November 24, 2018, 07:00:42 AM |
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I'd think that crypto currency and blockchain is independent with each other. Blockchain technology is just a means of distribution, record and other good stuff that could be applied to other things not just crypto currency. I just hope that we see more and more innovations on both crypto currency and blockchains.
Cryptocurrency is not going anywhere that we should clear right now. Cryptocurrency will still be around for a long time even after the technology will go beyond blockchain. However right now there are a lot of banks and companies that use blockchain technology as a new improvement to the current system they have and they can use it without using any type of cryptocurrency with it. They are not hand in hand type of thing. Of course all cryptocurrencies as based on some blockchain however not all blockchain software has some sort of crypto backing it up. It is kind of like all thumbs are fingers but not all fingers are thumbs. The clear idea here is that blockchain is a new better technology and everyone uses it however crypto is not loved as much but when technology moves past the blockchain and finds something better the cryptocurrencies will still be around.
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d1ceplayer
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November 24, 2018, 07:49:46 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Of course, the blockchain technology may well exist without cryptocurrency. Cryptocurrency is only one of the uses of this technology. However, it can be used and is used in many other cases where you need to safely store large databases in online mode, that is, in the mode of constant access to this database through the Internet by everyone. For example, in my country, the blockchain technology is used by the Ministry of Justice to access citizens to information about the country's land cadastre data, that is, data on all land plots and their owners. For a small fee, any citizen can get an extract from the land cadastre on the state of any land plot in the country and it is very convenient. Yeah, that is the thing! Cryptocurrency is just an application of the blockchain technology and there is much other usefulness for it. When we want to talk about logistics and supply chain, or we want to talk about the health sector or name any sector that comes to mind, blockchain technology would easily fit into all these space and then be useful. Without blockchain technology however, there would not have been cryptocurrency, but without cryptocurrency, blockchain can still exist and I believe it will still exist.
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cc80aa
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November 24, 2018, 08:58:44 AM |
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what ever system or any institution can be use on blockchain will be continue what system will adapted they can use in industries sa well as the institution itself.
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Spaffin
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November 26, 2018, 07:23:47 PM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Of course, blockchain technology is evolving and will be developed without cryptocurrency. Cryptocurrency is one of the uses of this blockchain technology. The technology itself is independent of cryptocurrency and can be used wherever large databases need to be safely stored online. It is no coincidence that it is in China, where there are various obstacles to the circulation of cryptocurrency, at the same time, the largest number of patents for the introduction of this blockchain technology is issued.
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setialovers
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November 27, 2018, 12:50:24 AM |
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I am believe blockchain development will keep continue even without cryptocurrency. Blockchain technology create eficientcy for company or banks or government and creating transparancy. Company must be implementing blockchain to saving a lot cost and expanding their bussiness.
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MoreMoneyHunt
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November 27, 2018, 01:29:16 AM |
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Cryptocurrency is an example of one of the numerous ways to utilize Blockchain tehcnology. Cryptocurrency utilizes the distributed ledger feature which allows verified transactions to be immutably stored and tracked using the transaction hashes. In the same way, other sectors like finance, agriculture, health etc can utilize the Blockchain especially when huge data record keeping is paramount in running their services.
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twa
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November 27, 2018, 03:28:03 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
all possibilities can happen and no one can know for sure the government can also use blockchain technology to regulate the economic system in his country and maybe it can also use crypto currency and maybe just take the system it works if I think
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thaliaand
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November 27, 2018, 03:37:13 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Surely yes. As we know, blockchain is the technology that drives cyrptocurrency. All crptocurrencies use blockchain tech, but not all blockchain-based projects use cryptocurrencies. Answering your question, the possibility is certain to occur and even already and is happening. IBM (a global technology company that provides hardware, software, cloud-based services and cognitive computing) is developing blockchain PoCs and pilots without any cryptocurrency. Another example is the Smart Dubai project which aims to become a blockchain government by digitalizing the government and using blockchain as a source of media attention, citizen safety and cutting-edge technology.
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upsidedown75
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November 29, 2018, 10:46:44 AM |
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Cryptocurrency is an example of one of the numerous ways to utilize Blockchain tehcnology. Cryptocurrency utilizes the distributed ledger feature which allows verified transactions to be immutably stored and tracked using the transaction hashes. In the same way, other sectors like finance, agriculture, health etc can utilize the Blockchain especially when huge data record keeping is paramount in running their services.
Exactly. Blockchain in essence is basically the technology that cryptocurrency is built on. Satoshi simply put up that technology first before building the first real life application around it when it comes to its usage in the financial world with currency that can easily be used peer to peer without a third party. Blockchain really do have a lot of application one can think of, and the good thing about it is that they are enormous. Over time, we will get to see more practical usage of blockchain as we are already beginning to gradually see now, but normally, when it comes to a new technology, we all know it will take some getting used to as well as progress and development over time.
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gostop
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December 01, 2018, 08:05:37 AM |
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The blockchain leaving the cryptocurrency is only for commercial use and cannot be used for payment. These blockchains are often evidence of anti-counterfeiting or production tracking. But there are also coins that just have coins turned into information.
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Batman_Bitman
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December 01, 2018, 08:12:18 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Of course, blockchain technology is evolving and will be developed without cryptocurrency. Cryptocurrency is one of the uses of this blockchain technology. The technology itself is independent of cryptocurrency and can be used wherever large databases need to be safely stored online. It is no coincidence that it is in China, where there are various obstacles to the circulation of cryptocurrency, at the same time, the largest number of patents for the introduction of this blockchain technology is issued. Cryptocurrency is just one aspect and application of blockchain technology. There is more to blockchain when it comes to its application within every sector you can come to think of. There may be obstacles now within the space, but that does not simply mean this space will stop evolving. I believe blockchain technology is here to stay as it will disrupt a lot of things. We may not be able to tell what the future holds for cryptocurrency, but we are optimistic that it would definitely be here, but for blockchain, we are just getting started as far as I am concerned.
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b3llsf1l3s
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December 01, 2018, 03:21:19 PM |
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I'd think that crypto currency and blockchain is independent with each other. Blockchain technology is just a means of distribution, record and other good stuff that could be applied to other things not just crypto currency. I just hope that we see more and more innovations on both crypto currency and blockchains.
in my opinion the two things are interrelated cryptocurrency is one of them innovation as well as product of the blockchain itself, if only blockchain is released without crypto, then it is certain there will be no enthusiasts, because they think why not use email or ATM machines to make transactions
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Agapelove
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December 01, 2018, 11:40:30 PM |
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Yes of course it will. The only reason why there are so many coins out there is that where the money is. Huge amount.of money is being transacted here, that some people take advantage by trying to tokenize everything to earn money. But for sure blockchain will be very useful leaving only significant coins.
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senin
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December 02, 2018, 06:39:57 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Cryptocurrency is only one of the uses of blockchain technology. This technology itself can be used in many cases, in particular, where it is necessary to safely store large databases of various information online. If the cryptocurrency is perceived positively by not all states, the blockchain technology is highly appreciated by absolutely all states and now it is being studied and is beginning to be applied in practice. The largest number of patents for the introduction of this blockchain technology is issued in China, this country is very sensitive to the innovations of science and technology.
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andika2018
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December 02, 2018, 09:49:27 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Cryptocurrency already recognized as digital asset or commodities in several country. I am believe cryptocurrency will still exist and growing more bigger in the future. Its true that blockchain can use for any purpose and make more eficient but i am believe cryptocurrency still needed in digital world
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Dimas99
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December 02, 2018, 10:47:05 AM |
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the possibility could happen in my opinion because the blockchain economic system can also be used by the government to keep up with technological developments and developments
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patarfweefwee
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December 03, 2018, 11:19:36 AM |
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I believe so. I read here in this forum that blockchain technology was used to collect votes. I mean blockchain technology is both transparent and flexible. Both could be used in more than many different ways in human lives. I just hope we will see more of these innovations in the near future.
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Cosbycoin
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December 05, 2018, 06:45:21 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
A lot of people think that Blockchain is only meant for cryptocurrency, while it is indeed meant for much more than that. There are lots of things that the world can do with blockchain apart from using as a payment option. Blockchain can be used to create a decentralized market, decentralized internet, smart contracts, encrypted messaging, authenticated voting and a lot things you can do with them, more than I can even remember. So Blockchain is not only for making payments.
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PlusOne88
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“Tackling Climate Change Using Blockchain”
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December 05, 2018, 11:58:34 AM |
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I think this is possible that blockchain will continue to be used even if there is no cryptocurrency. The blockchain technology can be used in so many ways. I here it can even store data especially the important files that should only be retrieve for view by their respective owner. This files like the ones that is very confidential or probably top secret files like that of the government. So for me it will continue to exist most probably. But as of now we knew it used for the digital currency which I believe will continue to exist in the future.
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Wodomi
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December 05, 2018, 12:50:14 PM |
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Yes of course it will. The only reason why there are so many coins out there is that where the money is. Huge amount.of money is being transacted here, that some people take advantage by trying to tokenize everything to earn money. But for sure blockchain will be very useful leaving only significant coins.
Blockchain will continue to be developed, because blockchain can be applied to all fields of business, not just cryptocurrency. Even people or companies that don't agree with bitcoin, still recognize the superiority of the blockchain and apply it to their business. Examples are Jack Ma, founder Ali Baba from China.
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KorakPawon
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December 05, 2018, 02:38:03 PM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
It's very possible to happen. Blockchain is basically separate from crypto, they can stand by their own feet. Blockchain as a technology can be used in any kind of field necessity, for example business just like Jack Ma as the founder of Ali Baba. Blockchain will keep growing and develop, perhaps later in the future, blockchain is not only for payment but also for more than that.
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pat4cryptoreal
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December 05, 2018, 02:48:44 PM |
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Blockchain technology is far above cryptocurrency. I know that most of us only see blockchain in the angle of just a technology use for transferring cryptocurrency, Blockchain technology enable easy unalterable data validation and transparency which is what is needed in almost every parastatals.
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bounceback
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Vave.com - Crypto Casino
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December 05, 2018, 05:15:05 PM |
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Blockchain technology is far above cryptocurrency. I know that most of us only see blockchain in the angle of just a technology use for transferring cryptocurrency, Blockchain technology enable easy unalterable data validation and transparency which is what is needed in almost every parastatals.
so far people know the important instrument of bitcoin is blockchain, even I see both of them cannot be separated because they are attached to the same body, but I agree if the blockchain is something much bigger and able to store various sensitive data with a very high level of security.
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Sama517
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December 05, 2018, 05:34:35 PM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
As we have seen today, the whole blockchain technology revolves around cryptocurrency. Without cryptocurrency as the driving force, some people or organizations may drop the development.
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ganlianshifu1
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December 06, 2018, 03:25:17 AM |
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Blockchains are not only used in the financial sector, but also in a wide range of applications! Although the blockchain technology is still in the early theoretical stage, the blockchain will show broad application prospects in many fields, such as the automotive field, the medical field, and the communication field.
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Stac
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December 06, 2018, 06:48:15 AM |
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The block chain technology a special device originated by Satoshi Nakamoto for the proper functioning of the bitcoin or the crypto currency..Block chain is an unavoidable part of bitcoin for its sustainability and its all transactions are recorded in an electronic ledger and it is controlling and regulating the transactions.The success of block chain technology along with the bitcoin is tempted to utilize to ensure the security and clarity of some other purpose as well such as for the banking sector, production side in the factory and for the accounts etc..The block chain technology its adoption can be further extended to some other field also.Eventually the block chain technology is leading us in to corruption free world and this technology can be adopted to many other field as well so that we can imagine a very prosperous and corruption free world very shortly.Bitcoin with the modern technology can do wonders in this world
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resty
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December 06, 2018, 08:41:16 AM |
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As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.
Is this possible happen in the future? If so, how?
Blockchain technology enables distributed public ledgers, secured and encrypted way and ensure that transactions can never be altered. While crypto currency is the one example of blockchain usage, this “distributed ledger technology” (DLT) is finding a broad range of uses. Data storage, financial transactions, real estate, asset management and many more uses are being explored. so that's the exact flow of Blockchain technology combine with crypto currency.
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AlphaGoo
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December 06, 2018, 08:47:35 AM |
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Yes, the blockchain can be carried out independently of the cryptocurrency. In fact, it is very simple to stop the flow of coins anywhere outside the block. This may become the mainstream of the future. But this will not affect the growth of the cryptocurrency market, and there will be many ways to exist in the future blockchain.
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calya
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December 06, 2018, 09:46:24 AM |
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blockchain was the mother technology if cryptocurrency.although there is no cryptocurrency, blockchain still could existing in the world.its not only about currency , but about ledger technology.
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Marsilius
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December 07, 2018, 08:21:50 AM |
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Yes of course it will. The only reason why there are so many coins out there is that where the money is. Huge amount.of money is being transacted here, that some people take advantage by trying to tokenize everything to earn money. But for sure blockchain will be very useful leaving only significant coins.
There is no any hurdle in the development of the blockchain technology it will definitely develop in the coming future but along with that the cryptocurrencies will also develop as blockchain is a technology in which these currencies are used as a means of transaction for the money and money is the important part of any business.
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