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Author Topic: Can Blockchain help eliminate the basic problems in the world?  (Read 513 times)
HungryJack (OP)
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July 05, 2018, 11:40:37 PM
 #1

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?
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July 06, 2018, 01:02:09 AM
 #2

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?

It can reduce the cost of intermediaries in certain cases, but you would still need someone to enforce what is said in the blockchain. For instance, if you put information regarding a property of yours in the blockchain, just because it says so in the blockchain, it doesn't magically put a barrier in your physical property that stops people from entering. So you still need a government to enforce violence upon thieves to protect your private property, or at least some sort of private security. You can think many examples like these.

People that think blockchain will dis-intermediate everything and render governments completely useless are not being realistic in my book.

Now what blockchain can do, at least a censorship resistance one like Bitcoin, is to protect your wealth from evil governments, to move value across the globe without permission etc, which is already an huge thing and insanely undervalued.
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July 06, 2018, 01:02:32 AM
 #3

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 so, blockchain technology can't put an end to these problems. Blockchain technology has been here for almost a decade and it does not affect the poorest of the people in the world. This technology had only made the rich, richer the way i see it. They all have the resources to manipulate things they want.
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July 06, 2018, 01:05:13 AM
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 #4

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.

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July 06, 2018, 01:21:32 AM
 #5

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.

You are right, but I think blockchain can help improve this problem. For example, blockchain technology will be applied to life. Create new jobs. People and governments have more income. This will help improve the lives of so many people.
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July 06, 2018, 01:51:28 AM
 #6

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.

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July 06, 2018, 03:38:32 AM
 #7

I doubt that blockchains could solve the world's problems. It's like saying that the peoblems of the world could be solved with money. The problem is that people don't care so much now. Having 7 billion people now and a dwindling resource is also a problem. I do believe in what thanos was figthing for. Less people mouth to fees means better meals for people.

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July 06, 2018, 03:54:01 AM
 #8

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?

my opinion is related to blockchain whether it can answer problems related to poverty and hunger in a country or in humans, I think blockchain is not able to answer that, blockchain only answer related to alternative trading problems, digital transactions, work related issues can work as bounty hunter, or buying and selling, is about starvation trying to keep planting or agrarian staple food crops that will be eaten, may be useful and successful for all of us
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July 06, 2018, 03:56:55 AM
 #9

I think the problem is that there are just too many mouths to feed. We live in a planet that has very limited resources and people who tend to horde them from others. I believe blockchains could alleviate the problem by giving people money to spend butbthisnis just a stopgap and not a long term solution. We should look into lessening our population.

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July 06, 2018, 05:32:38 AM
 #10

Of course blockchain can help since working into crypto world don't need legal identity. In order to help them we should teach them and encourage on how it will benefit for them if they will use crypto and what are the possibilities that might happen in the future if they will continue using it.
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July 06, 2018, 06:26:52 AM
 #11

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?


definitely can help lessen but not totally eliminate poverty, the problem with third world countries are the access on the internet by a common people or poor people of their state, since blockchains are internet-based platforms, lacking of computer use and internet connections hinders many third-world country.

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July 06, 2018, 08:40:24 AM
 #12

Blockchain is just a technology that aims to reduce the cost of intermediaries enhance the security of transactions.  when you need to buy something.  If you use blockchain there is no need to pay for intermediary services like bank .... blockchain will contribute to improving the world and making the world better.  It can not completely resolve poverty and lack of food.
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July 06, 2018, 05:19:57 PM
Last edit: July 06, 2018, 05:40:51 PM by stompix
 #13

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?

Nope.
It has been debated a hundred times already.
The blockchain is not some socialist magic wand that will reduce poverty and will grow food out of sand and garbage.

The poor will remain poor and the rich will become richer, the blockchain is just a database, nobody has survived 30 weeks in the desert sucking on his usb stick with a mysql database on it.  Grin

I think the problem is that there are just too many mouths to feed. We live in a planet that has very limited resources and people who tend to horde them from others. I believe blockchains could alleviate the problem by giving people money to spend butbthisnis just a stopgap and not a long term solution. We should look into lessening our population.

Oh, give the poor money and reclaim the riches from the evilz hoarders.
This worked like magic in Venezuela!!!!


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.

Some people believe it can curb corruption, stop famine and disease because they have no clue what the blockchain is.
For most people here bitcoins,crypto,bounty,blockchain mean only one thing, money and for them money solves everything.
Unfortunately, the blockchain is not a money printing machine, and some will be hard hit by this reality.

blockchain only answer related to alternative trading problems, digital transactions, work related issues can work as bounty hunter, or buying and selling, is about starvation trying to keep planting or agrarian staple food crops that will be eaten, may be useful and successful for all of us

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July 06, 2018, 05:37:29 PM
 #14

I don't think so, Blockchain have application at almost problem of now. And everyone using it look like replacement of normal ways, they have a lot of disadvantages beside advantages. So i think it will be help a little, not almost.
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July 06, 2018, 05:51:41 PM
Last edit: July 06, 2018, 06:30:46 PM by EveryoneMATTERS
 #15

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?

basic problems? well yes I guess they are after all quite basic
Yes there is a way to fix everything, where this is a WILL they is a WAY and WILL ALWAYS BE A WAY!

I don`t have legal identity and I was born in Canada with a SIN card and birth CERTIFICATE
The randoms coming into my country have more BENEFITS than a man who has FED BILLIONS and is still feeds BILLIONS his entire life, THE MAN is literally outside right now dieing feeding these people and has been nothing but completely fucked by these assholes his entire life. Who will feed the world when he dies? GOOD LUCK CANADA IF YOU KILL OFF THE REST OF MY KIND NO ANGELS WILL BE LEFT TO SERVE YOU! and you all die it is quite the unfortunate TRUTH, but the TRUTH is they need us more than WE ever WILL need THEM.  your fancy houses, your fancy roads queen, your fancy fresh fruit you eat world that all belongs to ME! I DID THE WORK, I PUT IN THE TIME, I PUT IN THE VALUE!

https://www.youtube.com/watch?v=wFfi80pVWgs

haha if you had these guys out there building the walls and foundations for OUR KIND, the walls would fall before they finished! haha makes sense now does it not? CORRECT
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Blockchain and advanced cryptography well they sure can help but there is other ways to help as well, some never even thought of before as the public education has killed off most dreamers. Thankfully I was put in special needs when I was 5 and just ignored all their shit from a young age, cancer cannot grow in the minds of PURE.

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July 06, 2018, 06:14:00 PM
Merited by stompix (1)
 #16

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 does not give a damn about poverty and legal identity. Blockchain is just a public ledger where all transactions are reflected and is accessible by the people. How in the world could a public ledger put an end to poverty and famine? That is a rhetorical question and the answer is IT CANNOT.

...
You are right, but I think blockchain can help improve this problem. For example, blockchain technology will be applied to life. Create new jobs. People and governments have more income. This will help improve the lives of so many people.

It is the other way around. Blockchain could demolish jobs. Without the need for third-party entity then banks and such will be no longer needed. If ever they still exist, the job it needs will be lessen. Thus, less employee needed. Think of this as the conversion of manual method to automated.
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July 06, 2018, 06:21:33 PM
 #17

This is the reason why THEKEY is a great investment. They have the support of the Chinese government to issue identities on the blockchain. They will then spread out to Africa and other areas where it is needed.
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July 06, 2018, 06:23:42 PM
 #18

For legal identities, sure. Malta is actually attempting to tie citizens records to the blockchain. It's a huge step and they'll be the first to take it.

But for straight up poverty? That's just ridiculous.
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July 06, 2018, 06:27:35 PM
 #19

Blockchain will help in the development of a efficient platform to eliminate the basic problems, particularly with ease the necessity can be analyzed and upon the requirements distribution to the needy can be done in an efficient manner which is impossible and hard to achieve with traditional system.
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July 06, 2018, 06:35:23 PM
 #20

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.
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