Do we need blockchain technology?

[sirminesalot]

I think that's what you think. when crypto develops there will be many projects and according to the uses we need in life. and indeed many crypto-based frauds

[DeadCoin]

Read few news on blockchain adaption. PEPSI limited has integrated blockchain system in order to track their records and datas. More corporate companies have began training their employees on blockchain. Its importance have widespread in the industries. In max five years, blockchain would be the priority system to adapt.

[TravelMug]

For now it's not really needed, but I'm sure the next few years the blockchain will become an important technology for the industry and banking industry throughout the world

Why do you need to wait? If companies or government find blockchain advantageous, then for me there's no need to wait.

If you can save money by using it, then it will give you a lots of incentives now as compare like rolling in in the next 2 years or so, just saying.

[johanesrobin]

The popularity of bitcoin has changed the perspective of humans today. Blockchain is believed to be a useful discovery for various aspects of human life. Not only economics, just look at Thailand blockchain technology applied to elections. we believe this is only the beginning.

[aderidwan98]

Of course, because the blockchain is the future technology that we will use either in the banking sector or other fields

[Kittygalore]

Yes because now many apps or technology are powered via blockchain and also blockchain is a power currency in the world now, it is proveb that it was safe and secured and because of blockchain little by little it makes the life of people easier, like for example AfriHealth it is a health care app that powered by blockchain, and come to think of it, the app was developt by african country and it was a great app for the development of their health or it can be the development of health care in the world itself, the app offers services related to health, AfriHealth aims to leverage blockchain technology in providing the following services across the continent: addressing claims adjudication, access to medical records, book an ambulance, schedule a doctor’s appointment , so it was one of a great project that can make a country developed by a technology powered by blockchain

Blockchain technology is the new trend of toda's internet these past few years and can improve the technology into your business or project. However, company should decide whether the technology can be good or not. Blockchain can drastically help reduce cost, increase revenue and eliminate the need of a middle-man. But it is still new and only used by few establishment, as of now blockchain’s benefits come at the expense of speed of transaction.

Futhermore after reviewing Afrihealth, I think the use of blockchain into their healthcare services is really good especially for the people in Africa. As of now, Africa is experiencing HIV/AIDS, tuberculosis, and malaria threats. These threats can be burden to the progress of their economic and political progress. Good news that AfriHealth can help the sustain their people's medical status thru the use of Rigour+.

[Sealis]

Yes because now many apps or technology are powered via blockchain and also blockchain is a power currency in the world now, it is proveb that it was safe and secured and because of blockchain little by little it makes the life of people easier, like for example AfriHealth it is a health care app that powered by blockchain, and come to think of it, the app was developt by african country and it was a great app for the development of their health or it can be the development of health care in the world itself, the app offers services related to health, AfriHealth aims to leverage blockchain technology in providing the following services across the continent: addressing claims adjudication, access to medical records, book an ambulance, schedule a doctor’s appointment , so it was one of a great project that can make a country developed by a technology powered by blockchain

Blockchain technology is the new trend of toda's internet these past few years and can improve the technology into your business or project. However, company should decide whether the technology can be good or not. Blockchain can drastically help reduce cost, increase revenue and eliminate the need of a middle-man. But it is still new and only used by few establishment, as of now blockchain’s benefits come at the expense of speed of transaction.

Futhermore after reviewing Afrihealth, I think the use of blockchain into their healthcare services is really good especially for the people in Africa. As of now, Africa is experiencing HIV/AIDS, tuberculosis, and malaria threats. These threats can be burden to the progress of their economic and political progress. Good news that AfriHealth can help the sustain their people's medical status thru the use of Rigour+.

[abeecrypto]

Yeah, there are a lot of funny projects that can be solved effectively with already existing technology and does not necessary have to be blockchain inclined. But even at that, many other projects surely will be more effective with blockchain technology. There is one unique Feature that the blockchain brings which makes it stand out and that is transparency. No technology gets close. so, sure, we need blockchain technology.

[SomeCryptoDude]

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.

Yes we do. The fees are starting to be unacceptable. Its like throwing money and there's no privacy. Imagine trying to transfer or invest money. Instead of being able to put more into your investment, a big part of your money still goes to the platform. Its very incomparable to blockchain. It also gives an opportunity for practical projects to be exposed to more investors.

[Al-e_x]

Of course we need blockchain technology, because the blockchain is a future technology that will be used in various fields

[Best Dreams]

Yeah, there are a lot of funny projects that can be solved effectively with already existing technology and does not necessary have to be blockchain inclined. But even at that, many other projects surely will be more effective with blockchain technology. There is one unique Feature that the blockchain brings which makes it stand out and that is transparency. No technology gets close. so, sure, we need blockchain technology.

Agree with you blockchain is the most transparent technology that it gives us safety about saving our coin, it is reliable to use anywhere and because of increasing popularity now almost everywhere blockchain is acceptable to use for paying online, it has fast access and in history of crypto currency we did  not see any other invention better than blockchain.

[diazepam666]

Yes because of this technology only we people here and discussing more factors around blockchain and bitcoin.

So definitely we need this technology for long term to make revolution in finance industry.

There more security concerns needs to add on public blockchain avoid the hacks and many problems to secure the users more closely.

[Evgenklm]

I agree that there are a lot of new projects with bad ideas, but I think the market itself will regulate such projects, usually such projects do not have trading on the exchanges and the project is curtailed.

[spike420211]

Taking into account that hackers are becoming smarter and more inventive, and our world is becoming more technological and electronic, it is obvious that we need the best means of protection against hacking, because in the future our life will depend directly on this, much more than now. Is there a better means than decentralization?

[logicgate]

Taking into account that hackers are becoming smarter and more inventive, and our world is becoming more technological and electronic, it is obvious that we need the best means of protection against hacking, because in the future our life will depend directly on this, much more than now. Is there a better means than decentralization?

  yes no doubt now a day there are such a lot of hackers who're available in the market to take benefit from other peoples unawareness after invention of blockchain our living has change into so good , we got turn into safe from hackers and nowadays we are able to save our investment and even there are such a lot of companies inclusive of some banks who are introducing blockchain technology in their system for long time safely.

[CryptoKingh]

We dont "need" blockchain, however, with the advantages that it offers, it will be adopted by every industry, private and public. Without going into the technical details, it offers a ledger and smart contracts that allows us share/distribute information on trust-less bases.(information-data not necessarily monetary based) We think of crypto when we refer to blockchain, however, blockchain technology is independent of crypto, which runs on blockchain. Blockchain technology can function without crypto, whereas cyrpto cannot function without blockchain. But i must say, as companies start to adopt platforms like hyperledger, it will be pretty scary, as everything will be tracked and transparent (not to mention, business will use centralized blockchain technology) To sum it all up, if a payable and receivable department was to run on the blockchain technology, it can replace a 1000 staff and with one person, or zero.  

[pragna]

Yes, blockchain technology is very very essential in now-a days because there are too much fraudulent work everywhere in transaction. Here blockchain technology gives you clear and transference transaction everywhere. In blockchain technology it is too much highly secure and if anybody did not give access no body can not enter another ID. So blockchain will be needed everywhere.

[cryptolord2077]

I think that's what you think. when crypto develops there will be many projects and according to the uses we need in life. and indeed many crypto-based frauds

In my opinion, 90% of projects trying to apply their idea in the real world are not sustainable, far away every project needs blockchains, but every project needs money, which is why we now have so many useless projects.

[Furious 7]

I think that's what you think. when crypto develops there will be many projects and according to the uses we need in life. and indeed many crypto-based frauds

In my opinion, 90% of projects trying to apply their idea in the real world are not sustainable, far away every project needs blockchains, but every project needs money, which is why we now have so many useless projects.

Some projects continue to develop their projects and utilize blockchain technology. not solely collecting money then disappearing.
it is undeniable that every project needs money to succeed their project. but each project has a goal to develop the blockchain.

[slaman29]

In my opinion, 90% of projects trying to apply their idea in the real world are not sustainable, far away every project needs blockchains, but every project needs money, which is why we now have so many useless projects.

You don't really get it I guess. It's true that 90% of projects aren't sustainable (I think the figure is probably closer to 99%) but it's actually to me very little to do with money. Projects that rely on money or funding to be operational are by definition not sustainable.

Bitcoin until today never needed a single cent of funding. Just passionate developers and volunteers.