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Author Topic: Can Blockchain help eliminate the basic problems in the world?  (Read 298 times)
Andrew S
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July 12, 2018, 09:45:46 AM
 #61

I do not understand why blocking technology is not widely used.  How would she simplify the work.
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July 13, 2018, 11:06:59 AM
 #62

Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?
I don’t think, that Blockchain can solve the global problem of poverty, because it is not so easy. It depends on us, if we would not help and share with those people, not any blockchain will help us.

I don’t know about the basic problems but I am sure that blockchain technology will help people to solve their financial problems. It is a fact that it is not easy but with the passage of time when people know the use of blockchain technology, they will create ease for themselves. The future is that of blockchain technology and the people will use it like cellular phones.
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July 13, 2018, 11:23:20 AM
 #63

I do not understand why blocking technology is not widely used.  How would she simplify the work.

Probably because you don't understand what the blockchain technology is...
Oh, wait, you were talking about the "blocking" technology, sorry but this is bitcointalk not facebook.

Blockchain is able to bring decnetralized to the community, which soon can be converted for bringing the power back to the people.
Nowdays, big companies are able to control the people with monopoly, they are able to control one section that usually causes the poor people to pay huge amounts of money just because they don't have any other place to get this specific service from.

Bitcoin is going to save a lot of money to the community and is going to save it from big companies and organizations that are just trying to use and hurt the community and make money on our back.

Yeah, and how is this decentralized bs going to save you from a company that holds a monopoly?
Is the community with only with the help of the blockchain going to be able to produce a car, to refine oil or to create an internet service?
Or is the blockchain going to transform all the people there in scientist and by tomorrow you can develop your own seeds and say fu to Monsanto?  Grin

I don’t know about the basic problems but I am sure that blockchain technology will help people to solve their financial problems.

Yeah, I'm getting this confirmation like every damn day.
For like 99% of the people here the blockchain means free money for every.....

The only thing that the blockchain is doing right now is disrupting education, screw education, the blockchain will give me money, this is the new trend around here.




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July 13, 2018, 01:45:35 PM
 #64

Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

If government using blockchain, government can save a lot cost and save a lot budget. That saving can used for poverty program and increasing quality of life on that poor peoples.
Blockchain is very usefull in any purpose and i am believe with eficient technology like blockchain, government can make budget more eficient and spending more money for peoples

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July 13, 2018, 01:50:11 PM
 #65

Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

In my own opinion, yes it can, if most of the government will just allow people to use cryptocurrency on their country then people can live a very wealthy life just the same as japan today.

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July 13, 2018, 03:32:30 PM
 #66

I don’t think that blockchain can solve the problems of ecology for example, or poverty (villages  in some African regions still don’t have electricity or water supply). Someone quoted here that cryptocurrencies can help people live better!?!! What??? If they find electricity, then a computer, then internet and then online shop, then  order bread and fresh water and then pay with crypto, that would be a pure magic

 But without exaggeration or sarcasm, yes, blockchain  can be a massive tool in solving other global issues.


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July 13, 2018, 03:49:51 PM
 #67

Blockchain is a great technology which can give us security to store our data in secure format and I think there is no way to intrude the blockchain technology details from some other people with out the appropriate details.But is this change any basic problem of world? like can save the people from unemplyment or can fulfil the food requirements of poor people. Roll Eyes

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July 14, 2018, 07:52:38 AM
 #68

Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?
Blockchain is not a magic wand that we can wave to eliminate these basic, yet persistent problems. Poverty, for example, is a product of many factors like lack of education and unpleasant environment. Blockchain must first eliminate this factors to finally erase poverty--I don't see that happening.
Well this is even non sense to get this thing. How block chain can directly eliminate poverty from our societies. This sent the duty of block chain to get things better for society. It is just a method of payment or you can say an earning source as well. But that doesn’t have any directly link to elimination of such big dilemma of society. This may help to reduce things but not fully capable to eliminate it.

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July 14, 2018, 08:44:52 AM
 #69

I believed that the blockchain technology that we have in these cryptocurrencies are the key to solve the current basic or common problems that we have in this world because they are really making this cryptocurrencies because they know that there is something to fix and if just the countries will adapt the cryptocurrencies then it will slowly help the country to have a better state.

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July 14, 2018, 11:51:28 AM
 #70

Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?
For some people, YES it can, but not for everybody. Just like in the office where you’re working, it’s not everyone that gets promoted, so when it comes to Bitcoin not everyone would be so lucky. Thank God I’m lucky though. But as usual you have to be hardworking for something good to come your way, and not only by being hard working, you need to be smart and try to be at the right place by the right time. Working hard and not thinking smart is a waste of one’s time, seriously.

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July 14, 2018, 02:42:34 PM
 #71

Blockchain can only help people if they join signature campaigns or invest with bitcoin helps them in their financial but nit totally solve poverty and hunger because only those people who have the knowledge about cryptocurrency is earning so the government should be the one responsible in solving these problems.

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July 19, 2018, 06:39:24 PM
 #72

What problem do you mean because here in the world a lot of problems and I think Blockchain will solve the problem in some areas but will not fix the problem as a whole, Blockchain is not a technology that can quickly fix all the problems there must be a stage that must be developed in time not a bit, is not a way out if problems can be solved only with money but must also be filled with more important terms than that, the problem will always exist in every economy that exists today, the great man is very indifferent in the condition of the disadvantaged population, the game always there.

Blockchain system can help people directly...It is a system or program to reduce the intermediaries and secure the data on file. Blockchain can not produce money for this people,  it can, some how protect the identity of the people on record. Recording one individual is done manually globally, then maybe if you have a better idea, you can always talk to the government people or any company for you better suggestion.
Bitcoin is going to eliminate the fees the banks gets for every single transaction, there is no better business than banking you do nothing and yet you receive a cut every time money moves, while in bitcoin you are also going to pay a fee the fee is based on the size of the transaction and not in the amount of money being transacted like what happens with banks.
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July 19, 2018, 07:02:53 PM
 #73

Blocking will help to simplify the creation of a single database of people.  I do not understand why until now this technology is not used.
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July 28, 2018, 11:09:41 AM
 #74

Blockchain is not some magic wand that can fix everything, it's just a type of database. Problems like poverty and famine are not cased by databases obviously, they are social problems that need social solutions. Some people believe that blockchain can curb corruption, but it hasn't been tested yet, and it also seems unlikely, because there are many examples of technological attempts to solve corruption fail, because corrupt individuals often find ways to circumvent them.


Yes.  Like you said, the problem of the world is caused by the world itself and the humans living with it. Some things may change in the way we have been doing things, would help to bring some development to how people live their lives but does not mean some governments will not stop their corrupt activities, or everyone will just jump from being poor to being extremely wealthy overnight.
In most of the third developed world and underdeveloped countries, corruption led them to where they are today, so what makes it different even when the blockchain technology kicks in?

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August 01, 2018, 09:57:00 AM
 #75

I believed that the blockchain technology that we have in these cryptocurrencies are the key to solve the current basic or common problems that we have in this world because they are really making this cryptocurrencies because they know that there is something to fix and if just the countries will adapt the cryptocurrencies then it will slowly help the country to have a better state.
The electronic money market will help the human world take a new and more modern step in life. Electronic money aims to attract investors and their users to boost the economy faster. Its purpose is to bring great value to mankind especially to increase profitability and quick and easy transaction regardless of anything.

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August 01, 2018, 10:15:11 AM
 #76

Bitcoin is a not a business that does charity. This is a technological improvement run by all the world together. Globally we improve it by using it. The issue at hand is not something that can be solved with this type of technology. If we want to feed people or bring them water and food than we need to stop going high tech just for us and start focusing on stuff for people in other countries. You think places in Africa and Latin America and Asia have troubles just because of themselves ?
It is a problem for all of us when there is waste food everywhere in the world and we still fail providing food for each other. The problem is we do not see each other as humans but just other nations citizens.

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August 10, 2018, 08:22:28 AM
 #77

If we are talking about the government using blockchain as means of cost-cutting and being more efficient I think it would benefit the poor overall and the before expense being used before can now be shifted to other projects of the government which will benefit the poor and the needy. But I don't think it will be enough to solve the poverty situation overall as I don't think that the expense being save will be big. Solving poverty will always depend on how big and how will the government manage their budget on focusing amd solving it.
Well, that would be for a government that is willing to work to bring a huge solution to its people and solve some economic issue going on in the world. As it is, it is obvious that so many of the leaders in the corrupt nation will still find a way to do whatever it is they have been doing. Like you mentioned in your last statement, it still will all ball down to how things are managed and sure, blockchain technology may bring about transparency and accountability, but it would not just solve the world problem fully.
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August 10, 2018, 04:48:59 PM
 #78

Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?
As many guys are already said here, I can agree that only people can handle that and if we will have the best tools but no people who would use them so it is pointless and worthless to have them.

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August 15, 2018, 06:34:04 AM
 #79

Blockchain can help resolve some of global problems, like corruption.
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August 15, 2018, 09:11:09 AM
 #80

The Australian Securities Exchange’s recent decision to scrap their CHESS transaction system for Distributed Ledger Technology (DLT) is just one of many examples of centralised networks being replaced in favour of a decentralised blockchain approach. However, blockchain networks, and by extension cryptocurrencies, find application in industries extending far beyond the scope of financial services.

Healthcare is an example of where blockchain is helping to create efficiencies by storing encrypted patient information that is shared across healthcare providers, removing the need for form filling.
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