What problems can Bitcoin & Blockchain solve ??

[maiduytrinh]

Bitcoin is a payment tool, exchange tool, investment tool. Most of all it comes with the Blockchain tool. It is a great technology with many advanced features such as security, anonymity and convenience. Blockchain is being studied for use in the fields of life. Introduction is high tech

[1715535326]

1715535326

[1715535326]

1715535326

[1715535326]

1715535326

[1715535326]

1715535326

[1715535326]

1715535326

[1715535326]

1715535326

[perova93]

We need full transparency of all systems! crypto system will give us the opportunity to see purely the whole picture in any field! this will give us a reduction in inflation, due to the extermination of corruption! Fast transactions and exchange will allow you to develop faster and increase the rhythm of the global economy!

[jennyhoang293]

Most I like is money transfer money can wire money anywhere, it can also support problems with bitcoin money.so there are many problems that solve
There are a lot of scenarios that basically any scenario where partners equality wants to create a database between them, but does not quite trust a partner to run a classic database. Do not be afraid of a partner this storage db will fake the data. For bitcoin, blockchain technology solves, among other things, double the problem of spending. Even people who hate electronic money also see the potential behind blockchain technology

[gabbie2010]

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

Blockchain technology is widely adopted and utilized as a chain supply and its ability to solve many societal problems this is attributed to its decentralized feature which invariably makes provisions for a wider application in many economy sector of the society. Meanwhile bitcoin is utilized as a digital currency with a feature as a store of value.

[chenczane]

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

In my own opinion, bitcoin and blockchain technology can help a county to grow and be successful. For an individual, they can help financially. Let's just say I am an example of this. Last year, the whole 2017, I was drowning in debt. Many things happened to me and my family that's why I was forced to lend some money. My cycle, debt-salary-pay bills and debt-short-debt. It is just like that. But when I earned because of my investment, I paid all my debts and now, I am debt-free and can spend all the money to my family.

[darkphoenix2610]

I think it is the fast transaction and the transparency of the project, It is a high potential in replacing the world banking itself I guess bitcoin has its hopes of becoming a permanent crypto currency someday.

[bloodyvio]

bitcoin solves the fiat transfer problem
bitcoin transactions do not take a long time different from fiat transactions, especially when transfer to different countries

and blockchain can prevent from all sorts and types of data manipulation
because every data flow must be through the confirmation before it arrives

[pitiflin]

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

Be used as an alternate currency, used to record transparent data, send money from anywhere in the world, eliminate the use of longass account books to record data. There are so many things that I could tell you on what blockchains can solve. In simple words, they just make things much easier.

Read this: https://blockchaintechnologycom.wordpress.com/2016/11/21/advantages-disadvantages/

[Indrawan77]

There are a lot of things that bitcoin and blockchain can solves, with bitcoin we can easily send money to other people that lived anywhere, and you dont need any documents to do that, it opened more chances to get income, which will be decreasing unemployment and make people's life become better
Blockchain technology could make any transaction become transparent, it had been used in settling land dispute and some of the institutions still observing to used it in different sectors

[sajidm]

Bitcoin solves many problems one of those problems is financial problem.. many people has no job. in bitcoin they can do business privately or they can also do bounty campaigns that will let them earn money...

[gesdan]

right now I don't know about problems that bitcoin solve until right now but, maybe it will solve the problem in the future, maybe right now there are not people that using bitcoin, so they can't solve their problem with bitcoin. so I think if there are many people that use bitcoin, bitcoin can be the problem solver

[IndigoRed]

Blockchain and cryptocurrency has opened doors and new possibilities. Blockchain has even been dubbed as the "internet of value." Imagine a new and efficient financial structure because there will be no need for a middleman or a gatekeeper. A blockchain based currency will challenge the conventional ways of money transfer and will make it a whole lot better.

[ice18]

Most of the leading industry problems today can solve by blockchain technologies lets start with financial institutions like banks transactions are not totally secured and transparent in banks as we all know some problems may occur with the current systems today next is healthcare many projects today are using ai as long as blockchain to solve and simplify things within this industry another is in cyber security which data is verified and secured using cryptography this is only some of the most common problems that can solve by blockchain, in the future many more problems will be able to solve by this technology.

[esteam026]

Blockchain is a new technology that does not yet have many applications but is being gradually incorporated into their system. If it was two years later, it would have been a lot of blockchain

[bharal07]

One of the problem bitcoin is solving now is unemployment. Faster transactions can be easily done through bitcoin. It also has the power to enable potentially world-changing financial innovation.

[Roberttran]

Blockchain technology provides transparency, openness and increased security especially for the coming of the future.  With bitcoin you can use online payment services which can be stored into personal assets. without intermediaries or controlled by a bank or government

[1993jochico]

In my own opinion, It can solve the problem of every country that is a very slow transaction and high fee's on transferring money because in BTC we can have a transaction in just a second or a minute with lower fee's aside from that I think it can lessen the corruption of the government of every country because it is decentralized and no one can control the circulation of every economy.

[Brenda Karenn]

A lot that I can't list all here. You can google it, there are tons of information about Bitcoin and Blockchain applications. However, I'm going to list some. As for Bitcoin, it provides anonymity for users, solving the problem of leaking personal information. Also, the fee charged for foreign transactions is very low. So this can be a major advantage for travelers.
Blockchain technology offers a solution to digital identity, which is now riddled with fraudulent problems. There are still a lot of fields beneficial from this innovative technology!

[longwintershere]

decentralization is the key aspect. also a transparency. Whatever happens on blockchain, you can see that. And whatever you see, you can fully trust it as it was confirmed by certain amount of miners

[Cynthia Andradee]

Bitcoin brings convenience. Bitcoin users can pay for their coins anywhere they have Internet access. This means that buyer never have to travel to a bank or a store to buy a product.