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Author Topic: Would blockchain technologies continue Its development without cryptocurrency?  (Read 950 times)
b3llsf1l3s
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December 01, 2018, 03:21:19 PM
 #101

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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December 01, 2018, 11:40:30 PM
 #102

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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December 02, 2018, 06:39:57 AM
 #103

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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December 02, 2018, 09:49:27 AM
 #104

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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December 02, 2018, 10:47:05 AM
 #105

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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December 03, 2018, 11:19:36 AM
 #106

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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December 05, 2018, 06:45:21 AM
 #107

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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December 05, 2018, 11:58:34 AM
 #108

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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December 05, 2018, 12:50:14 PM
 #109

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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December 05, 2018, 02:38:03 PM
 #110

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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December 05, 2018, 02:48:44 PM
 #111

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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December 05, 2018, 05:15:05 PM
 #112

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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December 05, 2018, 05:34:35 PM
 #113

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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December 06, 2018, 03:25:17 AM
 #114

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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December 06, 2018, 06:48:15 AM
 #115

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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December 06, 2018, 08:41:16 AM
 #116

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
 #117

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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December 06, 2018, 09:46:24 AM
 #118

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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December 07, 2018, 08:21:50 AM
 #119

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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