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Author Topic: What problems can Bitcoin & Blockchain solve ??  (Read 576 times)
acheampong64
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July 27, 2018, 07:12:02 AM
 #101

What problems in the world can Bitcoin and blockchain technology solve ?
A lot of problems Buddy! Even within the blockchain system there are a lot of problems that can be solved by using Bitcoin and the Blockchain technology. Currently, there are projects focussing on medicine, energy, gaming, finance and so much more.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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chrismartin
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July 27, 2018, 07:15:41 AM
 #102

As the purpose of bitcoin is to make a transaction through blockchain without any involvement of third party and also the government, problems have been solve into it. Example, if we want to pay or deposits our money, bitcoin is their to store and also pay to the people we want to pay as a per 2 per transaction.
Williamnak
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July 27, 2018, 07:26:27 AM
 #103

Bitcoin and blockchain can solve problems related to currency like exchange or payment.
Ethannecessary1760
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July 27, 2018, 07:28:19 AM
 #104

There are so many problems that they can solve. For example, the project about medical or game.
joshuarose
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August 02, 2018, 02:16:04 AM
 #105

What problems in the world can Bitcoin and blockchain technology solve ?
to be honest I really like bitcoin and blockchain because it can help those who have a living need deficiency
ntodntodan69
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August 02, 2018, 02:49:58 AM
 #106

Maybe with the technology bitcoin and blockchain will solve the problems in the field of economy, for example in the field of transactions, and easy money digital. maybe that's one example.
First77 (OP)
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August 11, 2018, 04:35:06 PM
 #107

Will blockchain technology make online voting in National elections 100% secure and safe ??
dutchkay
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August 11, 2018, 05:24:53 PM
 #108

Bitcoin and blockchain have solved many problems already at this their early stages. Many companies have moved to blockchain technology by understanding it's usefulness. The voting system can be designed on a blockchain with transparency. Ethereum blockchain serves as Dapp for developers. Steem blockchain is a blockchain blog where you can earn by writing which have actually superseded Facebook and it's likes. There are blockchain where you can monetize your ads. Bitcoin serves as remittance and is solving delaying issues when it comes to transfers. Yet we are still in its infancy.
ghosong
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August 11, 2018, 05:39:38 PM
 #109

What problems in the world can Bitcoin and blockchain technology solve ?
There are many problems that are solved by bitcoin such as cheaper transactions because they do not go through bank intermediaries, and in the economy there are many unemployed people, with bitcoin they do not work alone without bosses without qouta by trading, they also carry out bounty campaigns. so bitcoin has many problems that are solved.
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