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Author Topic: Blockchain technology is the future  (Read 767 times)
Danimore
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August 28, 2018, 11:28:02 AM
 #21

Yes, it's right, many countries and financial organizations are trying to build their private blockchains for themselves to meet the life's requirement in the future . The blockchain technology is very useful for all different fields in our life.

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HereToCreate
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August 28, 2018, 11:35:13 AM
 #22

I understand the basic of Blockchain Tech but how in the world is it filtered from bad data?
Information goes in and is passed around but what happen when bad data is entered and moves to the next step?   
kenman
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August 28, 2018, 11:40:42 AM
 #23

Industrial and Commercial Bank of China (ICBC), one of the Big Four banks of China, is registering a patent for a blockchain system in financial asset trading.

We also know China is very tight in the economy and especially in the crypto market. This is a good news for everyone who loves blockchain.
i think China will be the first who makes a break through in the crypto world, i am sure they will come up with a great idea of using the crypto

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arkawa040
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August 28, 2018, 06:49:06 PM
 #24

Industrial and Commercial Bank of China (ICBC), one of the Big Four banks of China, is registering a patent for a blockchain system in financial asset trading.

We also know China is very tight in the economy and especially in the crypto market. This is a good news for everyone who loves blockchain.
the blockchain has a great future, these are only the first ICO projects, then I think gradually all financial structures will move to the blockchain, only it can make the Internet safe.
Slash61
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August 28, 2018, 06:55:17 PM
 #25

The future still doesn't belong to blockchain because new innovations can still be realized in the future because everything can happen and it's too early to talk about it where some state authorities have not adopted it thoroughly, so we just wait for its development, the future of opportunities is still wide open, current developments is the starting point for advancing along with cryptocurrency.

Nedrek
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August 28, 2018, 06:57:15 PM
 #26

This technology has a great future. More and more IT and banking companies are turning their attention to it. This is a huge space for use.
amobi
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August 28, 2018, 07:11:23 PM
 #27

this your post about this event or would i say happening occurred since july but uptill now i wondered how it has helped the crypto market to recover from the bearish movement since then.  Cry
Aivengo111
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August 28, 2018, 07:28:34 PM
 #28

Yes, this is a very good news for everyone who likes the blockchain. Blockchain technology is changing the world, more and more people are joining cryptocurrencies, and more and more countries are using Blockchain technology, this is a very good start,
When more countries follow the leaders such as the United States, Japan, UAE, Sweden, Denmark, i.e. the countries with high living and economic standards, blockchain technology will spread even faster. I think it's the future that is being created now.
verpobs
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August 28, 2018, 07:48:12 PM
 #29

The block chain does not just represent crypto currencies. the block chain deserves to be the technology of the future with the facilities it provides in many different ways.
Samtob4
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August 28, 2018, 07:57:31 PM
 #30

Well i think it work out as you said it will really help blockchain technology and people will put 100 percent trust in crypto
thanhmmo19
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August 28, 2018, 08:34:21 PM
 #31

I feel that the longer the blockchain technology is indeed getting the best show. Even more people admire her. And now several countries also began to apply this technology in some aspects.
There are many countries that accepted blockchain technology by today such as Sweden, United States, Japan, UAE. They are world's financial leaders and know a thing or two about investing in future.
worldofcoins
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August 28, 2018, 08:45:31 PM
 #32

The main western countries are finding it harder to accept the blockchain technology because of the challenge it poses but those countries outside these borders are very much reacting the opposite and they should because it will benefit them.

+_-
Pamela1966
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August 28, 2018, 09:08:21 PM
 #33

Blockchain technology is a novel technology preferring solutions to man's problems and because of it's genuineness with relevance it has directly on man it's going to be expanding, more people and corporate world will be embracing it just like ICBC. indeed it's a big plus,  we should be expecting more of it from many other financial institutions and governments
Lilmon
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August 28, 2018, 09:11:12 PM
 #34

Blockchain is definitely the future as it is applicable on almost any area that society wishes to develop, the thing is that it's centralization is in conflict with a lot of governments currently and I think that would remain an obstacle for a lot of time.
Markperop
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August 28, 2018, 09:11:21 PM
 #35

Blockchain technology is a novel technology preferring solutions to man's problems and because of it's genuineness with relevance it has directly on man it's going to be expanding, more people and corporate world will be embracing it just like ICBC. indeed it's a big plus,  we should be expecting more of it from many other financial institutions and governments
in any case, what was discussed at the last G20 summit on the crypto currency, speaks of a positive trend in the development of the crypto-currency business. I think that the world is on the right track with the introduction of crypto currency into everyday life.

HELLO EVERYONE.
tillerthekiller
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August 28, 2018, 09:14:46 PM
 #36

Blockchains have the power to change the way our society functions if we can figure out the scaling and ease of use part. The decentralize ledger can change not only commerce, but logistics and democratic processes. We really are at the beginning of this thing. For those that are saying quantum computing will make blockchains useless... we aren't even close to figuring out how to do that. Not saying that we can't figure it out, but if we can control quantum mechanics, then our species enters a whole new realm of technical possibilities that are beyond even the blockchain.
freim
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August 28, 2018, 09:17:30 PM
 #37

thanks for sharing. I defend the same thoughts. blockchain will be a technology that can not be abandoned in the future.
labenea
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August 28, 2018, 09:38:40 PM
 #38

Blockchain technology is a novel technology preferring solutions to man's problems and because of it's genuineness with relevance it has directly on man it's going to be expanding, more people and corporate world will be embracing it just like ICBC. indeed it's a big plus,  we should be expecting more of it from many other financial institutions and governments
in any case, what was discussed at the last G20 summit on the crypto currency, speaks of a positive trend in the development of the crypto-currency business. I think that the world is on the right track with the introduction of crypto currency into everyday life.
Yes, it should be that all parties now begin to accept blockchain technology, we should not reject the progress of the times,
and never think that the progress of the times will only make us miserable.

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grendel25
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August 28, 2018, 09:43:30 PM
 #39

There is a lot of this sentiment about how blockchain is the biggest thing to happen to business finance since credit cards.  This is nice to say and people have been saying it years.  As soon as people paid for pizza with digital money we entered the future and the future can only develop further.  Every day there are new firsts for crypto currency.  First ATM, first ATM in some country, first ATM in some city, first game bought with crypto, first book bought...  This isn't just a "future" technology, Satoshi Nakamoto constructed a new frontier and we are all pioneers.

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stellaekun
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August 28, 2018, 09:45:50 PM
 #40

The irony of it is that countries like China banned ICOs and other cryptocurrencies but they are in the forefront of developing the blockchain technology
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