What problems can Bitcoin & Blockchain solve ??

[jak3]

I don't know, tell me what physical currency will give you will Bitcoin cannot. I think Bitcoin provides additional security and flexibility with the money. it provides you with all the freedom you want and all the experiment you can do with it. It helps to remove all the corruption and without slowing down the network it provides a military grade security. maybe that's nothing for you but it is an awesome and cute stuff for everyone around the Bitcoin community.

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[MilfordGannon]

There are a lot of benefits in using crypto currency and lock chain. Firstly by using crypto currency the user can easily transfer the token to anywhere in the world with very les time and transaction fees, also as the market is decentralized any third party cannot involve in the transaction. Blockchain is a completely secure form of storing information.

[Nezerlan]

Bitcoin is already solving challenge of slow and limited banking transactions at a ridiculously low fee. Blockchain is widely used now by some logistics companies to track fulfiments and shipments

[choice84]

First of all, I want to talk about decentralization and how BTC can change traditional economy. Secondly, the new transparency level for payments and transactions. But blockchain can be implemented only in countried with low corruption and digital economy.

[sandialoveth]

The bitcoin and the blockchain are still solving various problems of the people. Its helping the economy enormously, its making the people employed, people noe can work on their own and also can do bounty campaigns.

[Cult]

I think the major issue bitcoin may potentially solve is replacement of fiat money system. State monopoly over money lets governments fiddle with the economy as they wish in order to meet their political goal, which however brings negative consequences such as economic crises. If Bitcoin becomes mass-adopted it has all chance to push all fiat out of the market and protect the world economy from interventionists.

[zolfa]

there are many things that can be solved by blockchain, I see that the world economy is the main target blockchain that can be resolved.

the blockchain is also used by someone to record and save the agreement between North Korea and South Korea.

[LodisMcguire]

Bitcoin can make us control our transaction ourselves without third party like banks to interfere.There're no fault in the system so far,you can safely do transaction to overseas.For blockchain,it can be used to record company transaction so it will be recorded and reduce the chance of embezzlement of money.

[Mhd-Bobbi]

What problems in the world can Bitcoin and blockchain technology solve ?

The first blockchain was conceptualized in 2008 by anonymous people or groups known as Satoshi Nakamoto and implemented in 2009 as a core component of bitcoin that serves as a ledger for all transactions. The discovery of blockchain for bitcoin makes it the first digital currency to solve multiple dispensation issues without the need for a trusted authority or central server. The bitcoin design has become an inspiration for other applications.

[collins_89]

Bitcoin is a virtual coin and peoples are trade with this coin and blockchain provides the security when trades are occur. That’s why it needs more security for the investors.

[AllenTurner]

Through the blockchain technology, transaction becomes easier and faster. Various economical crisis can be met with Bitcoin and blockchain technology. It provides adequate transparency and is therefore anti corruptive in nature.

[Gutenhans]

The most important 2 problems that Bitcoin can solve are:

Printing money without a end PROBLEM (limited supply)

Banks "printing" digital money PROBLEM, every time when you deposit money with your bank that bank can lend 90% of the sum to someone else, because it's must have only 10% reserve (can't do that with bitcoin because of ownership)

The solution to these 2 problems will give us financial freedom. Something that we did not even hoped for  before bitcoin.

[dbijoy]

Blockchain is gaining speed in the humanitarian sector. The technology is still in its early days, yet more than half of social-good blockchain initiatives are estimated to impact beneficiaries by the end of this year, according to a Stanford University report published in April.
These concepts have the potential to impact countless people. The report, which analyzed 193 organizations, initiatives, and projects that are leveraging blockchain to drive social impact, identified 20 percent of them as providing a solution that would not otherwise have been possible without blockchain, and 86 percent as providing material improvements over existing solutions.Still, the road for blockchain integration in philanthropy and international development is not an easy one. Development organizations, nonprofits, and governments tend to be risk averse and slow to adopt innovative and disruptive technology. And there remain a slew of unanswered questions about the potential negative implications. 
“Another significant barrier to wide-scale adoption is that introducing a new technology does not solve for the local economic and political forces that often impede the effectiveness and transparency of aid or philanthropic initiatives,” adds the report. “In order for blockchain to be a transformative solution, collaboration and open dialogue is required across borders and sectors to develop a sustainable and scalable solution.”
A growing number of donors are paying attention. In just the past few months, both the United Kingdom Department for International Development and Denmark’s Ministry of Foreign Affairs released reports on the opportunities for blockchain in international development. The United States Agency for International Development also released a primer two months ago on how

[DavidCallahan]

The world of crypto currency has done a lot of merits for the people who have worked in it. It has made people into millionaires and billionaires. A lot of people got jobs because of it, the country's economics conditions improved. Not only that, but it was able to make all the countries into one market.

[jaocoincrypto18]

What problems in the world can Bitcoin and blockchain technology solve ?

The economy of every nation that adapt Bitcoin and blockchain technology have become more improved by reducing the unemployment alone which is the most common problem of every country in which if the unemployment will reduce then of course the purchasing power of the people will become strong that it will help their economy to become more strong and stable too.

[IndigoRed]

Bitcoin is already solving challenge of slow and limited banking transactions at a ridiculously low fee. Blockchain is widely used now by some logistics companies to track fulfiments and shipments

Very true. I remember reading one comment before and it stuck with me ever since. It went something like, “Cryptocurrencies will do to money what the email did to the letter.” So basically, bitcoin and blockchain provide a revolutionary technology that allow for quick, easy and seamless transactions, simplifying our everyday tasks. No need for international wire transfers that take days. This could help shrink the wage gap too, since nobody can take or steal money from people through banking anymore. We can also have a decentralized internet and a more democratized system overall.

[Tr2nkh0nh101]

Payment, security, anonymous. Along with that, Blockchain is being applied to complex systems such as smart phones and management

[CordandAN]

In broad terms, they can solve an immense variety of problems. I don't think I have enough time and space here to list all of them, but among of the most important, or KEY, problems are preventing fraud and eliminating the unnecessary intermediaries, including government, in a wide range of public and personal matters. The fewer intermediaries, the lower costs and chances of power abuse, corruption, and red tape.

[Capradina]

There are some issues I know can be solved with Bitcoin:
1. Limited company in collecting investors. This problem often occurs when companies that have good quality but have no funds and investors.
With Bitcoin companies and investors worldwide can connect, and can make transactions or cooperation (within a project) easily. investors can send large amounts of funds quickly and at a low cost.

2. Fraud in managing the finances of a government agency or company.
We all know that the level of corruption and embezzlement of money often occurs in an agency.
With Blockchain technology all transactions can be seen clearly, so the cheating rate will be reduced.

3. Unemployment.
Trading, mining, and Bounty can reduce unemployment within a country.

[ajiejot]

What problems in the world can Bitcoin and blockchain technology solve ?

For my own opinion, the blockchain technology is really helpful, because it enable the transparency of the payment of the people to each other. And Bitcoin is the medium of Blockchain, we use Bitcoin as currency, but that currency is virtual, you can use it without going to the bank.