Not only bitcoin, blockchain can also be a business

[Ketekantrasi]

Today, blockchain technology is more known as the technology behind virtual currencies such as bitcoin, ethereum, ripple, and so on. However, actually blockchain technology can be widely utilized to advance businesses and companies.

For example, Singapore is utilizing blockchain technology to assist in terms of business activities at the port. This technology can be utilized to shorten the waiting period of the ship or dwell time, also to verify transactions related to export and import.

blockchain technology can also be utilized by the banking industry and financial technology (financial technology / fintech). With this technology, the two financial industries can easily perform verification and payment transactions.

Nevertheless, not many parties who have not been able to ensure blockchain technology is commonly used by the banking industry. However, some of them also believe that the fintech company that uses the technology. Perhaps because this technology is closely related to virtual currency alias cryptocurrency, so many parties are doubtful with blockchain technology.

In addition, blockchain technology is also often questionable validity. In fact, blockchain technology is actually quite valid and secure. Just for information, blockchain technology serves to record transaction data. Transaction records are incorporated in many interconnected and secure blocks.

Blockchain technology is claimed to be potentially and suitable for recording multiple data, not just virtual currency. Business activities, transaction processing, documentation, to voting are assessed to be benefited when utilizing this technology.

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[pitiflin]

Who the fuck told you that bitcoin is a business? Blockchain is a technology, existing today all because of satoshi, the idealogy behind and the way people use blockchain is what makes it better than previously used technology. I wouldn't say that blockchain is a business, but its the backbone for certain businesses and if utilized properly can do wonders. People say quantum technology is better than the blockchain technology, but quantum is still under deep study. There are not many leads but that technology is powerful. Until quantum becomes the new world aspiring technology, blockchain will probably will go big. Blockchain can be used for almost anything, but people are more busy utilizing it for scamming others and not focus on world's economic and overall development.

[Ketekantrasi]

Who the fuck told you that bitcoin is a business? Blockchain is a technology, existing today all because of satoshi, the idealogy behind and the way people use blockchain is what makes it better than previously used technology. I wouldn't say that blockchain is a business, but its the backbone for certain businesses and if utilized properly can do wonders. People say quantum technology is better than the blockchain technology, but quantum is still under deep study. There are not many leads but that technology is powerful. Until quantum becomes the new world aspiring technology, blockchain will probably will go big. Blockchain can be used for almost anything, but people are more busy utilizing it for scamming others and not focus on world's economic and overall development.

I think Bitcoin can be used for business, Bitcoin is an online investment business that promises big profits. Bitcoin game is claimed as an online business game that can change a person's life for the better. Even so, All investment businesses are big risks, but also very likely to bring profits. It all depends on who arranges it and plays it.

[MarieMoore12]

If you say not only bitcoin but blockchain is also a business but for me, blockchain cannot be business, it is just a technology for the user. For large businesses, blockchain is difficult for them to make a big profit.

[Ketekantrasi]

If you say not only bitcoin but blockchain is also a business but for me, blockchain cannot be business, it is just a technology for the user. For large businesses, blockchain is difficult for them to make a big profit.

I'm not saying that Blockchain is used as a business, but I explained that Blockchain is used as a technology to help with business activities, not Blockchain is for business.

Basically, I think Blockchain can be applied to any kind of industry, but it must be ensured in advance how the capacity of the company itself, whether it really needs. Note also what the implications for the business.

[stompix]

People say quantum technology is better than the blockchain technology, but quantum is still under deep study. There are not many leads but that technology is powerful. Until quantum becomes the new world aspiring technology, blockchain will probably will go big. Blockchain can be used for almost anything, but people are more busy utilizing it for scamming others and not focus on world's economic and overall development.

What has quantum to do with blockchain?
Quantum is a changing the way of how computers work from bits to qubits, the blockchain is a database.

Who the fuck told you that bitcoin is a business?

For most people here bitcoin is work, bitcointalk is work, airdrops are work.
There are a lot of users who are actually saying they are "doing bitcoin" whatever that means, I just hope it doesn't involve humping.

Anyhow lately this blockchain madness has gone beyond anyone could even dream of.
They are designing projects based on "blockchain" for everything, and I saw some pretty stupid ideas, from pets to vegetables to skin care.

[the13thsymphony]

As we all know that a blockchain is the technology behind Bitcoin and many other cryptocurrencies and I think can be a part of a business. For instance an eCommerce integrated with blockchain can be a good competitor of online eCommerce website like Shopify, Aliexpress and Ebay. Or it can be a blockchain integrated in the music platform like Spotify.

[darthmaul]

Obviously that is what the blockchain technology is. What do you think MasterCard recently did? They created another use of it by winning the patent of transacting through blockchain technology. They are now taking this to the real world and thus made another milestone for their own firm. Who knew that they will do it before the bitcoin can even scale up to little more speedy networks. 
Blockchain is just a stage and an open source where anyone can make changes, have tricks and tips and make whole knew dimension running over it. So its pretty normal that blockchain can be used anywhere.

[carlisle1]

Who the fuck told you that bitcoin is a business? Blockchain is a technology, existing today all because of satoshi, the idealogy behind and the way people use blockchain is what makes it better than previously used technology. I wouldn't say that blockchain is a business, but its the backbone for certain businesses and if utilized properly can do wonders. People say quantum technology is better than the blockchain technology, but quantum is still under deep study. There are not many leads but that technology is powerful. Until quantum becomes the new world aspiring technology, blockchain will probably will go big. Blockchain can be used for almost anything, but people are more busy utilizing it for scamming others and not focus on world's economic and overall development.

Cool budz maybe OP just misinterpreted the meaning of blockchain towards our community

Blockchain is a technology and cant be use as business but the frontline is the currency which specially mentioned to be bitcoin,and talking about the coin is really a business because we are investing and earning here.things that has been manu people becomes richer by this

[Wild_Potato]

Obviously that is what the blockchain technology is. What do you think MasterCard recently did? They created another use of it by winning the patent of transacting through blockchain technology. They are now taking this to the real world and thus made another milestone for their own firm. Who knew that they will do it before the bitcoin can even scale up to little more speedy networks. 
Blockchain is just a stage and an open source where anyone can make changes, have tricks and tips and make whole knew dimension running over it. So its pretty normal that blockchain can be used anywhere.

It looks like there's a race to apply blockchain and the first one to the finishline will get the pot of gold. Everyone knows that it's the most reliable and secure form of transacting online these days, but no one has been able to apply it in the real world--yet.

Wouldn't that just be terribly ironic if MasterCard patents a blockchain technology that makes people adopt it as the main payment system? Using the anti-fiat technology for more fiat payments. We'd better get cracking on that lightening network

[scoin9]

Blockchain technology is massive and can be used to solve majority of our real world problems, it's application is not only in Crytocurrency but far exceeds this field, it can be applied to several areas in Engineering, Medicine etc. It can certainly also be termed as a business due to it's ability to be implemented in many areas and disciplines.

[pitiflin]

What has quantum to do with blockchain?
Quantum is a changing the way of how computers work from bits to qubits, the blockchain is a database.

Quantum has nothing to do with blockchain, for now yes, but a part of me says a technology is in development to take over blockchain, in relation with quantum, don't know how, so don't ask. I am watching too many movies, so mind me.

For most people here bitcoin is work, bitcointalk is work, airdrops are work.
There are a lot of users who are actually saying they are "doing bitcoin" whatever that means, I just hope it doesn't involve humping.

Anyhow lately this blockchain madness has gone beyond anyone could even dream of.
They are designing projects based on "blockchain" for everything, and I saw some pretty stupid ideas, from pets to vegetables to skin care.

Well, we are to blame for that happen. That's what happens when you speculate too much, you start giving it a business type of feeling. Blockchain is giving birth to more scams than it giving birth to legit ideas.
 

[aleksnutis]

Today, blockchain technology is more known as the technology behind virtual currencies such as bitcoin, ethereum, ripple, and so on. However, actually blockchain technology can be widely utilized to advance businesses and companies.

For example, Singapore is utilizing blockchain technology to assist in terms of business activities at the port. This technology can be utilized to shorten the waiting period of the ship or dwell time, also to verify transactions related to export and import.

blockchain technology can also be utilized by the banking industry and financial technology (financial technology / fintech). With this technology, the two financial industries can easily perform verification and payment transactions.

Nevertheless, not many parties who have not been able to ensure blockchain technology is commonly used by the banking industry. However, some of them also believe that the fintech company that uses the technology. Perhaps because this technology is closely related to virtual currency alias cryptocurrency, so many parties are doubtful with blockchain technology.

In addition, blockchain technology is also often questionable validity. In fact, blockchain technology is actually quite valid and secure. Just for information, blockchain technology serves to record transaction data. Transaction records are incorporated in many interconnected and secure blocks.

Blockchain technology is claimed to be potentially and suitable for recording multiple data, not just virtual currency. Business activities, transaction processing, documentation, to voting are assessed to be benefited when utilizing this technology.

Ripple is not blockchain. He is centralized.
Bitcoin at this stage can't be used for business. Do you saw the speed of his transactions? Now Bitcoin is a valuable asset and the engine of the entire industry.

[Indrawan77]

Ripple is not blockchain. He is centralized.
Bitcoin at this stage can't be used for business. Do you saw the speed of his transactions? Now Bitcoin is a valuable asset and the engine of the entire industry.

I agree bitcoin still not suitable yet become currency for transaction but that doesn't mean bitcoin can't become business, see even with that speed there are exchanges and sites that accept bitcoin and in the future the speed will be increase when the lightning network has stable

Blockchain can't become a business but it can really help the business process, it can help business transaction from all over the world, and the transparency of the transaction is recorded in the Internet so it really help prevent scamming

[boyshx]

I don't think bitcoin can be called as business of some kind! I am sure that we should not be confused with a currency and its utility in the market is not called as business. Blockchain on the other can be a business model but not the business itself. So I believe the terms you guys are picking up here are completely wrong or may be im not getting what discussion is this. 
According to me this calls for different model, which can be included in the purpose of different businesses. To make new projects etc.

[AlexKr]

I think blockchain will be very in demand in the near future.

[hatshepsut93]

Look at "blockchain technology", then look at some real cutting edge technology like AI and compare how much working prototypes they've got. You can find tons of videos and news articles about AI, how it is used to recognize faces, automate jobs and bring efficiency, and then look at blockchain which isn't really massively used anywhere, just some big guys like banks and governments are trying to experiment with it, because of the hype around cryptocurrencies. Blockchain is just a database, it has tons of flaws and trade offs, it's not a world-changing technology.

[clickerz]

Ripple is not blockchain. He is centralized.
Bitcoin at this stage can't be used for business. Do you saw the speed of his transactions? Now Bitcoin is a valuable asset and the engine of the entire industry.

I agree bitcoin still not suitable yet become currency for transaction but that doesn't mean bitcoin can't become business, see even with that speed there are exchanges and sites that accept bitcoin and in the future the speed will be increase when the lightning network has stable

Blockchain can't become a business but it can really help the business process, it can help business transaction from all over the world, and the transparency of the transaction is recorded in the Internet so it really help prevent scamming

Blockchain is the technology behind and yes it can be utilized in businesses by securing,simplifying things and so much applications. It can improve the business systems and processes and in the future more blockchain expert and developer is needed. This is a new avenue or field which changing lives of many.

[kevoh]

Blockchain is just a database, it has tons of flaws and trade offs, it's not a world-changing technology.

Nope! Blockchain is not just a database. A database is stored on a central server meaning it is centralised meanwhile blockchain is distributed on several nodes making it decentralised. There is no one single authority over blockchain which makes it transparent. It is features like being transparent and decentralised that interested businesses should focus on when employing blockchain.

[brukva]

The technology of blocking can also be earned if it is used correctly.