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Author Topic: Which industries don't need blockchain?  (Read 1079 times)
prtty2gal2
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May 01, 2019, 08:33:38 AM
 #101

The biggest industries are definitely don't considering about the cryptocurrency in this situation because the value is like that so I think the future will be the answer for this question and mostly everything will definitely need the support from the blockchain sister and taken about their situation very soon.
Well, I don’t really see why anyone should complain about the volatility cause that’s how it was meant to be and it has been like that from the start, and I also don’t think anything is going to be able to change it. Bitcoin is asset, and a lot of them are volatile, though the volatility when it comes to Bitcoin is too much, but that’s just how it is.

You should ask yourself if you would be here if the market was one that is stable, cause I’m very sure that majority of us all are here with plans to make money as the price goes up and nobody even wants the price to drop.
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May 01, 2019, 09:12:33 AM
 #102

The biggest industries are definitely don't considering about the cryptocurrency in this situation because the value is like that so I think the future will be the answer for this question and mostly everything will definitely need the support from the blockchain sister and taken about their situation very soon.
You should ask yourself if you would be here if the market was one that is stable, cause I’m very sure that majority of us all are here with plans to make money as the price goes up and nobody even wants the price to drop.
indeed everyone who knows their cryptocurrency and bitcoin has a plan to be able to get a lot of profits, but you have to know when they are just waiting without contributing to the coin price movements in the market, they will never be able to gain profits.

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May 01, 2019, 02:48:14 PM
 #103

The development of oil industry will definitely need the help of cryptocurrency because it will be the future and also cryptocurrency play an important role in development of the future economy is this some time together it will be good for our world.

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May 01, 2019, 03:24:49 PM
 #104

Most industries don't need a decentralized database.  The only real use I see is for currency that isn't controlled by any single person.  Everything else is much better served by a centralized database that is much more efficient. 




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May 01, 2019, 05:46:59 PM
 #105

I see the efficiency , transparency, immutable and trustless feature of the blockchain technology can be used in all aspect of our life. The blockchain technology is useful to all industries with no exception. The need and the service an industry want to render are programmed as smart contracts on the blockchain. 
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May 01, 2019, 09:25:44 PM
 #106

Blockchain can help make traditional companies transparent. This is one many reasons most companies may need it.  Another important benefit are data immutablity, security, the use of native coin which can be accepted/traded globally etc.



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May 02, 2019, 02:14:56 AM
 #107

Blockchain can help make traditional companies transparent. This is one many reasons most companies may need it.  Another important benefit are data immutablity, security, the use of native coin which can be accepted/traded globally etc.
blockchain give us easiness to collect and processing data .and its already adopted in many in field in around the world.and also intitution developt their own blockchain for transparency in their company.


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May 02, 2019, 08:10:59 AM
 #108

The development of oil industry will definitely need the help of cryptocurrency because it will be the future and also cryptocurrency play an important role in development of the future economy is this some time together it will be good for our world.
as blockchain p2p concept good for that payment country to country, when they use only one currency as global oil payment that is can be control of oil price around the world.

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May 02, 2019, 08:22:52 AM
 #109

Everything else is much better served by a centralized database that is much more efficient. 

The last word there is key, efficiency.    Blockchain could be used for everything and thats great, its an adaptable technology and for some period of time it might be put into usage but unless its efficient it will be replaced by a better system or simply a cheaper one that does enough.   A v12 engine to deliver the milk is not needed when it can just be a simple electric motor and achieve the same task, thats where we find blockchain is not necessary when its overly complex, simplicity can win with less.

So I'd agree decentralised blockchain systems are most suited towards security and applications that require it and gain worth when that independence and security continues over many years with fault tolerance and no need for oversight to continue by any one body for overall integrity.   




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May 04, 2019, 01:25:56 PM
 #110

In fact, it is much easier to list industries that the blockchain can really help, because in its majority of the majority of projects, blockchain is not needed. Of course technology has a wide range of applications, but very few projects have succeeded in this.

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May 04, 2019, 01:37:24 PM
 #111

Everything else is much better served by a centralized database that is much more efficient. 

The last word there is key, efficiency.    Blockchain could be used for everything and thats great, its an adaptable technology and for some period of time it might be put into usage but unless its efficient it will be replaced by a better system or simply a cheaper one that does enough.   A v12 engine to deliver the milk is not needed when it can just be a simple electric motor and achieve the same task, thats where we find blockchain is not necessary when its overly complex, simplicity can win with less.

So I'd agree decentralised blockchain systems are most suited towards security and applications that require it and gain worth when that independence and security continues over many years with fault tolerance and no need for oversight to continue by any one body for overall integrity.   

It's well recognised and yet often ignored. I'm no evildoer but I go diesel instead of hybrid or green, alkaline batts instead of rechargeable, to mention some choices I make that hippies keep crucifying people for. As soon as there is a better, cheaper, efficient alternative then we switch. Just as we now almost always use energy efficient lightbulbs.

On the other hand, I think people haven't understood how to calculate Bitcoin cost vs benefit yet which is why it is always used as a bad example of how blockchain isn't efficient for money (if only because of security alone, it is!).

It doesn't help that every ICO and their mother wants to disrupt decentralise democratise and revolutionise industries without an inkling of how inefficient their proposals are.

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May 11, 2019, 07:53:43 AM
 #112

The development of oil industry will definitely need the help of cryptocurrency because it will be the future and also cryptocurrency play an important role in development of the future economy is this some time together it will be good for our world.
In my opinion all industries need blockchain technology because to be able to compete in tight trade competition must be able to increase efficiency which will impact on quality, quantity and price.
Blockchain is recognized by large companies to increase competitiveness because the productivity that is carried out has an effect on products that are created to be better, faster and cheaper.

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May 11, 2019, 10:55:09 AM
 #113

It appears as though every company is trying to integrate the use of blockchain technology.

https://www.blockchain-council.org/blockchain/top-10-companies-that-have-already-adopted-blockchain/

Some might have legitimate reasons, others just for the hype and hell of it.

Are there any industries that can't benefit from using blockchain technology in their business practices? Where it doesn't matter?
in the modern world each and every Industries developing a lot show the payment method from the cryptocurrency is also important for them to move and take the next step for the development so nothing will be going with the future without the cryptocurrency

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May 11, 2019, 12:56:44 PM
 #114

there are no blockchain technologies before and all industries are still working fine but with the help of blockchain technology  , all industries can become more trustable and secure  however not all are going to implement this idea because they are afraid that if blockchain gets thier way , their business will not be fully controllable anymore  ,

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May 11, 2019, 05:26:28 PM
 #115

there are no blockchain technologies before and all industries are still working fine but with the help of blockchain technology  , all industries can become more trustable and secure  however not all are going to implement this idea because they are afraid that if blockchain gets thier way , their business will not be fully controllable anymore  ,
It can be implemented in all industries and most of them will do when they know about it and also have enough people with knowledge about blockchain technology.For now not enough people on this technology so industries also will wait for adoption from others.

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May 11, 2019, 07:02:43 PM
 #116

there are no blockchain technologies before and all industries are still working fine but with the help of blockchain technology  , all industries can become more trustable and secure  however not all are going to implement this idea because they are afraid that if blockchain gets thier way , their business will not be fully controllable anymore  ,

if like that then there is no industry that needs blockchain technology. with blockchain technology, indeed project developers are worried about taking over their industries, but if we look at the bright side to be faster and more transparent, then any industry is very suitable for implementing blockchain technology for better operations

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May 12, 2019, 02:26:19 AM
 #117

I think that the industry that says it does not need a Blockchain-based technology is totally closed and does not want progress, because now blockchain technology solves problems that generate many delays in any process.

If in the distributed systems, and in the systems based on Industrial Instrumentation together with the machines it can be combined with the blockchain technology so that the processes are more efficient, it would be the ideal adoption so that there are no errors in transmission networks, and this applies to any company of whatever it is that is dedicated.

Today I do not believe that there is any company that refuses this technology.

And from the electronic point of view it is very useful for the transmission of data, there is technology where you can make a compatability using tools so that processes in technology such as Wi-Max are much faster, and communications are done with more quality.

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May 12, 2019, 04:39:33 AM
 #118

It appears as though every company is trying to integrate the use of blockchain technology.

https://www.blockchain-council.org/blockchain/top-10-companies-that-have-already-adopted-blockchain/

Some might have legitimate reasons, others just for the hype and hell of it.

Are there any industries that can't benefit from using blockchain technology in their business practices? Where it doesn't matter?

Right now, any industry using internet technology and i think blockchain technology can applied in many industry or bussiness. Blockchain technology offering transparancy and lower cost and i am believe every bussiness want to save a lot cost

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May 12, 2019, 04:49:49 AM
 #119

the industry can implement blockchain technology and develop blockchain technology to such an extent, but currently those who are able and able to develop blockchain technology are still few and even though there are very expensive costs because this is still classified as new and very rare technology that can build blockchain for their industries.
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May 12, 2019, 04:55:38 AM
 #120

I think right now almost all industries need blockchain technology because in the blockchain there will be no data manipulated by certain parties, such as in the world of banking, police, and even hospitals I feel the need for blockchain technology in conducting medical records for patients to handle certain patient diseases can run quickly, and efficiently so that many patients will be helped and treated because effective services use the blockchain.

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