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Author Topic: Is Block Chain going to be the next internet?  (Read 17187 times)
gesdan
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October 31, 2018, 12:02:48 AM
 #41

what do you mean about blockchain will be the next internet? i dont get it, blockchain system is work in the internet for right now, to connect another client it use the internet as the media, if you said blockchain is the next internet, so what media will be use for transferring the data?

NoeSanchez
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October 31, 2018, 02:31:19 AM
 #42

After the hype of Bitcoin,it's only natural that hype will leave. The massive increase of the price of BTC only would have resulted in hype,which naturally would have faded. I do believe that it will be within a shortlist of greatest inventions/concepts within the modern world.
budrabut
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October 31, 2018, 03:43:22 AM
 #43

It is more than just internet, blockchain is associating internet and data transactions service and it is now commonly used in financial services such as banks. Actually it can be used for any non financial industry to record all data into a system without needing a central server. In fact, there are money industry or other instances don't see or probably not ready yet to apply this technology. Blockchain aims to be a solution for future in any sectors that will make works more efficient, simpler and transparent.
So, it is more than just internet service as what already recognize about internet now.   



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EllaJulie
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October 31, 2018, 03:52:09 AM
 #44

There is a huge difference between the current Internet system and the Blockchain technology. A complete opposite, the old Internet system operates under the Client-Server model where all data is focused on a certain host system, completely reverse the Blockchain technology it operates on the system. Peer-to-Peer networks where all data is stored on nodes and all nodes in the system are is on an equal authority. As a result, the system becomes more secure, transparent and decentralized. Yes, Blockchain technology is the first brick to build a new Internet system. It is fully capable of overcoming the demands of the Internet and bringing together elements to bring about a revolution on the Internet.
Kaiser_bizblocks
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October 31, 2018, 05:00:42 AM
 #45

Actually block chain can be combined every part of industry.
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October 31, 2018, 05:36:11 AM
 #46

It is a yes from me because it is obvious that Block chain has a lot of good benefits and one of reasons is that it is a secure system.
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October 31, 2018, 06:05:58 AM
 #47

Internet and blockchain technology is incomparable. if you are saying this in term of exposure then you are write. I recently discussed about blockchain technology to a friend that happen to be a banker and I have very happy to heard him saying 'do you know the world of finance is tending toward this?' it means more and more new and already exisiting project will continue to integrate blockchain technology in order to reduce cost, increase reliability and improve processing speed. another of such is multibuy.
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October 31, 2018, 07:26:59 AM
 #48

I think blockchain can do absolutely that, because the blockchian can be considered a revolution after the revolution of Internet. Look at the applications that blockchain has brought us, we can see more clearly.
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October 31, 2018, 08:00:09 AM
 #49

Blockchains are like the internet was in 1995. We understood what it was, but we did not understand where it would go.
The blockchain is the underlying technology that facilitates transacting in cryptocurrencies like Bitcoin and other Altcoins.
It’s a technology that has many applications and holds vast promise for every business, society and individual person reading this answer.
Definition :Blockchain can be defined as a public ledger that records all the transactions and each block of transaction connects to another block to form a chain. The transactions recorded are publicly available for verification, and thus the technology enables complete transparency.  In other words, a native peer-peer medium, but for value. It’s called the Blockchain.
Industries: Blockchain technology has been revolutionizing the financial sector, crypto space, and several other industries. Its impact has been significant in every aspect. Likewise, blockchain technology has an indispensable role to play in the manufacturing sector.
And no one is sure exactly how vast. It will change the world at least as much as the Internet has — and potentially, a lot more.
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October 31, 2018, 08:46:56 AM
 #50

As blockchain does possess a lot of potential to help advance technological aspects in various zones by it's implementaion it can't be said that it will be huge as the creation of the internet. It is true that it is innovative technology that will indeed play a big role for the future to come and that's something we know by now. WIth time and more improvements made to the technology we'll hopefully be able to see a positive result from this technology.
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October 31, 2018, 09:11:55 AM
 #51

Maybe the next big hit as same as the internet where all people will use this technology and almost cannot live without it.
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October 31, 2018, 09:20:45 AM
 #52

Blockchain is revolutionery technology that is spreading in the world. It is so efficient that almopst every office will need this tech in near future which makes it the next big thing. But, comparing it to the internet is a bit weird.
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October 31, 2018, 09:55:19 AM
 #53

Blockchain is a facinating technology and is considered to be the future of digital world. We see the big companies are getting into this technology sector. This could one day lead to a mass adoption and it will be the next big thing.
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November 01, 2018, 09:21:15 AM
 #54

Blockchain is the technology of the future, which is still ahead of its time. The full potential of the blockchain will be revealed after the massive introduction of the Internet of things, robotics, automation of all spheres of people's lives. It may sound fantastic, but the massive introduction of the blockchain can lead to the disappearance of states and the creation of a single world state in which there will be no wars and disasters.
Just imagine...

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November 01, 2018, 04:51:31 PM
 #55

I don't think so. Blockchain is just an operating system to maintain exchanges, but that didn't mean the whole Internet system is somewhat lesser than this system. The current system also evolving and it won't backout anyhow.
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November 01, 2018, 05:12:59 PM
 #56

If you mean it is going to replace the Internet then you don't know what blockchain really is.
But if you mean that it will have the same impact then yes.
Blockchain is a real revolution and I expect it to have more impact on us than Internet did.

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November 01, 2018, 06:28:53 PM
 #57

I think Block Chain is empowering more and more these days,the number crypto enthusiasts is increaing day by day.More project are emerging daily,and all these ideas brought me up to decision whether Block  Chain is going to be the next internet?how many of you agree with these?

I think the blockchain and bitcoin have the potential to be even bigger, it is true that the internet is almost everywhere but when we take into account that you need money for almost anything to happen in the world then the ceiling for bitcoin is a lot higher than the ceiling of the Internet which is nothing more but a way to transmit information over long distances over a network, and while some may argue that bitcoin is the same and that is running over the internet, the fact that bitcoin is a form of money changes everything.

If you were to ask what it is the biggest industry in the world the answer will be finance, and if bitcoin becomes as successful as we think then it could become one of the most powerful currencies around the world or even the most powerful.
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November 01, 2018, 07:02:43 PM
 #58

I think Block Chain is empowering more and more these days,the number crypto enthusiasts is increaing day by day.More project are emerging daily,and all these ideas brought me up to decision whether Block  Chain is going to be the next internet?how many of you agree with these?

Technology Blockchain is a very powerful thing in the modern world. Many successful people from all over the world are interested in this and earn big money. I am sure that Blockchain to be the next internet.
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November 02, 2018, 10:47:42 AM
 #59

blockchain will affect our life subtlety. it is an important piece of technology, but never will they get it proper appreciation. we all will know blockchain is there, we use it, but most of us will not know how its actually works.
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November 02, 2018, 11:24:01 AM
 #60

I think blockchain and the internet are very different, blockchain is a sub of the internet and blockchain cannot run all over the world without internet. Blockchain will continue to develop on a new innovation on the internet not to replace the internet
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