Do we need blockchain technology?

[Whosdaddy]

Online technologies were really a subject for any hacking activities as it came today that many IT expert studying this illegal thing. They'll have purpose also of doing this but it only ruin into the community.
Blockchain technology is getting hot and very attractive to the crowd, its a huge market investment to the companies whoa want to used this one plus the security be needed. Now, if they'll wanting to used this technology just be assured that they'll have that strong keys and back-up files to save from being hack.

There are lots of things that have been said about Blockchain technology, but the truth is that one of them has been proven till today except for transaction. The only thing we are all sure about is that it can be used for transaction and there is nothing else we are sure of. Some people has said that it can help in election, and can make it transparent and quick. Let's keep waiting to see how it's going to be.

Regardless of what we are understanding the potential of blockchain or how effectively we are going to implement the blockchain technology, only the future of cryptocurrencies will be deciding the fate of blockchain technology as it is the first real life product based on blockchain technology.

[syamster]

Yes, most of these projects are uncalled for and those who are running those projects are just doing it to make their money and that’s it. I see all these projects, but I still wake up and see that another person copied the same project, quite funny. And they be expecting people to invest in projects that are not unique.

With every new change in technology, we will see these kind of people who try to make money from the new change and the people who invest in those must have a clue on what they are really up to, but still they wanted to invest thinking they will make a huge return and nothing else. Some learn the hard way and some get lucky by earning huge returns.

The truth is that I have seen a lot of claims on what the blockchain can be used for, but none of them are being fulfilled at all. I have seen and heard a lot of things, but this one of election is what I’m just seeing today. I don’t know how that works or how exactly Blockchain is going to help to curb election rigging. The way it is built, that seems impossible to me, but I will do some research though.

It is a new technology and it will take some time for everyone to come up with new ideas on how to implement it so that the general public will have a good service in the end.

  It is best technology which has lots of benefits for us as investors and we can make progress economically and socially, because blockchain is something very good and valuable to store our bitcoin for long term with surety about security, in many companies blockchain is being use for sending money online.

Blockchain is the best creation as it has allot of benefits for us, we can keep our investment in blockchain as long as we want it is not able to hack and not even able to be steal, it has strong safely keys which is not good to share, blockchain is being use all over the world in many well known companies as huge amount of money transaction.

[Hannahanto]

Every sector has realized the importance of its integration in their own fields especially the financial sectors in the governments and in IT sectors as well. I recently completed course on block-chain which was initiated by the organization where i do my regular job. Many are not aware of its acceptance in every field. I am sure in few years, yes the demand  will certainly increase a lot.

[Visbay]

Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.

do you like the centralised google??facebook?
They are big brothers watching you, all the data are on their hands, they seduce you with high accuracy ads, target you and your pocket, you are seduced to give out your money, how does that sound?

Nice example mate, there are few things what can never be controlled we are happy with it if they are independent, we are in need to develop and promote the digital system so that it will improve our life for better, blockchain is the most important thing for me it helps me money transaction, digital system we you elaborated it sounds well to everyone the same way it does to me.

[yvesp110]

Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.

do you like the centralised google??facebook?
They are big brothers watching you, all the data are on their hands, they seduce you with high accuracy ads, target you and your pocket, you are seduced to give out your money, how does that sound?

Nice example mate, there are few things what can never be controlled we are happy with it if they are independent, we are in need to develop and promote the digital system so that it will improve our life for better, blockchain is the most important thing for me it helps me money transaction, digital system we you elaborated it sounds well to everyone the same way it does to me.

Right I am one of those who is surely happy with decentralization and independent system of crypto currency but the problem is, there are some scammers and hackers who are there only to give us lose and to take advantage of our unawareness so in this kind of situation I think blockchain is the best way to save your coin for long term as long you want.

[Tungsten-1]

Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.

do you like the centralised google??facebook?
They are big brothers watching you, all the data are on their hands, they seduce you with high accuracy ads, target you and your pocket, you are seduced to give out your money, how does that sound?

Nice example mate, there are few things what can never be controlled we are happy with it if they are independent, we are in need to develop and promote the digital system so that it will improve our life for better, blockchain is the most important thing for me it helps me money transaction, digital system we you elaborated it sounds well to everyone the same way it does to me.

Right I am one of those who is surely happy with decentralization and independent system of crypto currency but the problem is, there are some scammers and hackers who are there only to give us lose and to take advantage of our unawareness so in this kind of situation I think blockchain is the best way to save your coin for long term as long you want.

We even should not be that silly because if bitcoin or crypto currency will become the same as fait then it becomes worthless to invest as there will be no different between crypto currency and fait currency, people invest for decentralization, it is not risk or disadvantage but it is an advantage to get the opportunity of buying low and selling higher, for this we really need block chain to save it for long term and use reliably.

[noormcs5]

Yes, most of these projects are uncalled for and those who are running those projects are just doing it to make their money and that’s it. I see all these projects, but I still wake up and see that another person copied the same project, quite funny. And they be expecting people to invest in projects that are not unique.

With every new change in technology, we will see these kind of people who try to make money from the new change and the people who invest in those must have a clue on what they are really up to, but still they wanted to invest thinking they will make a huge return and nothing else. Some learn the hard way and some get lucky by earning huge returns.

The truth is that I have seen a lot of claims on what the blockchain can be used for, but none of them are being fulfilled at all. I have seen and heard a lot of things, but this one of election is what I’m just seeing today. I don’t know how that works or how exactly Blockchain is going to help to curb election rigging. The way it is built, that seems impossible to me, but I will do some research though.

It is a new technology and it will take some time for everyone to come up with new ideas on how to implement it so that the general public will have a good service in the end.

 It is best technology which has lots of benefits for us as investors and we can make progress economically and socially, because blockchain is something very good and valuable to store our bitcoin for long term with surety about security, in many companies blockchain is being use for sending money online.

Blockchain is the best creation as it has allot of benefits for us, we can keep our investment in blockchain as long as we want it is not able to hack and not even able to be steal, it has strong safely keys which is not good to share, blockchain is being use all over the world in many well known companies as huge amount of money transaction.

Blockchain is the best technology and it should be used worldwide. Even the world top universities are offering crypto courses as they foresee that the future is of bitcoins. You can read more about it on the below cointelegraph article.
https://cointelegraph.com/news/coinbase-research-42-of-top-50-universities-offer-at-least-one-crypto-related-class

No doubt in future we will see full time courses and study on crypto.

[Mastercon]

Of course we need this technology. Since it have highly security who keep our money in safe hands also this site is using world wide the most trusted website and hacked free. We can't chose banks to store our valuable currency because no banks can accept it due to its decentralized.

[eaLiTy]

There are too many projects  that we don't really need it on blockchain.
Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.

There are too many projects that really do not need blockchain but this is a new market and expect these kind of projects coming up, make sure you verify everything before you invest into anything as you cannot be sure what all projects will survive in the next few years and i am sure that majority of the projects that started in the past few years will die off eventually.

[cryptovigi]

There are too many projects  that we don't really need it on blockchain.
Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.

There are too many projects that really do not need blockchain but this is a new market and expect these kind of projects coming up, make sure you verify everything before you invest into anything as you cannot be sure what all projects will survive in the next few years and i am sure that majority of the projects that started in the past few years will die off eventually.

Many of them even died before she began to live;). In 2018 I read dozens of WP and people tried to attach blockchain to any possible activity - from the production of quartz, through the construction of a tar purifying machine, weed plantations and hundreds of others. It was already an exaggeration of the blockchain is perfect but there is no point in introducing it everywhere because in many cases it is not only not needed but instead of improving processes, it makes them worse and slows them down.

[Sled]

Of course we need this technology. Since it have highly security who keep our money in safe hands also this site is using world wide the most trusted website and hacked free. We can't chose banks to store our valuable currency because no banks can accept it due to its decentralized.

You might be wrong with that mate, we are not a hundred percent to be safe in any hacking activities. Besides, there is a lot of us claiming that they are experiencing losses of their account because they have been hack. If we talk about its security, they might be a risk with but we can minimize its risk if we are careful in visiting sites and do proper handling of our keys.

[bitbunnny]

I think that the question isn't anymore if we need blockchain technology but what is the best way we could use it. Blockchain is not only limited for cryptocurrencies but it could be successfuly implemented in economy, agriculture, medicine and other industries. We have to think out of the box and have the broader view on world around us.

[Melissa Smile]

I think we do. Blockchain technology keeps providing the most transparent and even the fastest transactions that people have ever used. So I think we need to embed it more in our lifes.

[Hannahanto]

I think we do. Blockchain technology keeps providing the most transparent and even the fastest transactions that people have ever used. So I think we need to embed it more in our lifes.

Added to it, corporates and governments have started adapting blockchain to track their different category datas setting up access control to different level. I just went through few basic details of blockchain. Sectors have started accepting blockchain system. Have made blockchain course as a mandatory one.

[logicgate]

I think we do. Blockchain technology keeps providing the most transparent and even the fastest transactions that people have ever used. So I think we need to embed it more in our lifes.

  It is the best technology I have ever seen since long I am using crypto currency but till now I have seen market is raising only because of crypto currency wallets, which helps it to grow bigger and bigger, blockchain wallet is good wallet it is being use by well known companies for money transaction all over the world safely.

[Gravel Coin (GRV)]

Why do we need blockchain technology?

Well. That's a solution that are able to guarantee safe storage of data online and the need to keep snooping government agencies at bay.  The need for fast, secure and affordable money transfer systems has also gone a long way in shedding light on the need for the new technology.

[jhongzjhong]

Why do we need blockchain technology?

Well. That's a solution that are able to guarantee safe storage of data online and the need to keep snooping government agencies at bay.  The need for fast, secure and affordable money transfer systems has also gone a long way in shedding light on the need for the new technology.

In addition, having transparency in every transaction and it is documented under the blockchain company which is really good at sending money. The blockchain technology is very important in the internet transaction that can list transaction transparently. Through this technology, it makes worldwide transactions faster than ever.

[Jating]

Why do we need blockchain technology?

Well. That's a solution that are able to guarantee safe storage of data online and the need to keep snooping government agencies at bay.  The need for fast, secure and affordable money transfer systems has also gone a long way in shedding light on the need for the new technology.

In addition, having transparency in every transaction and it is documented under the blockchain company which is really good at sending money. The blockchain technology is very important in the internet transaction that can list transaction transparently. Through this technology, it makes worldwide transactions faster than ever.

That's one strength of using this technology as everything is transparent because you can see all the transactions in the network.

One downside though is that it relies on the internet, so the moment that the internet broke down data couldn't be updated in time and manual intervention is needed.

And this technology is really good for those sectors that really played around with lots of data and needed to make business decisions based on it. So yes we need this technology obviously, but this technology is not for everyone.

[Chikito]

 

Do we need blockchain technology?

yes I need. we need peer to peer technology like blockchain especially cryptocurrency like bitcoin. as payment bitcoin have a cheap value when we transfer country by country. i did western union when i pay some product outside my country need high tax, about $70 tax when i pay $3500. when i use bitcoin, who where and every out side country, $3-$5 max for that.

[liuqi]

Do we need blockchain technology?

yes I need. we need peer to peer technology like blockchain especially cryptocurrency like bitcoin. as payment bitcoin have a cheap value when we transfer country by country. i did western union when i pay some product outside my country need high tax, about $70 tax when i pay $3500. when i use bitcoin, who where and every out side country, $3-$5 max for that.

I said thing many times on this forum itself buddy. There are many merchant service available in between making payment and that will be helpful for making payment but unwanted fee issues are big blunder on centralized mode of payment.
But bitcoin and altcoins are really good option to save huge amount of money for individuals or government too.