Which industries don't need blockchain?

[nitammys]

Making use of the blockchain technology is a thing of choice and we are not the ones to tell whether it’s going to benefit any company or not, it’s all left for them to carry out a meeting and know if the Blockchain tech that is being said will in any way benefit their company or organization. I have seen a lot big companies that backs projects that has to do with Blockchain but don’t make use of it.

Maybe journalism? At least not the entertainment news media outlets. It might be beneficial to hard-hitting news, but I'm not sure if it will be a good thing for the newspaper and the people.

I think it would especially be great for the media and the people. Decentralized news websites would eliminate fake news. It would be resistant to censorship and verifiable, while ensuring accuracy and transparency by using incentives.

Lol, you’re confused. The comment you replied is saying that the Blockchain technology won’t benefit/work for journalism and here you are saying that it will be a good thing to be used in the media please how exactly are we going to make use of the blockchain technology in journalism? It’s not a must that companies will make use of blockchain and its not even necessary.

The industrial sectors which are related to agriculture are not so much optimistic about the currency and have its roots in the traditional way of doing business. The underdeveloped countries might not feel the need to adapt it so soon.

[sublime5447]

In my opinion, insurance is more alike to a joint venture system and funds will be disbursed to the entitled people just as in the agreement, if there are differences in class it is natural, because the monthly fee is more expensive.

[cancoinl2]

As long as companies accept online payments, thee need blockchain. Furthermore, it is not just about payments but also about data, storages, smart contracts. I think it can be applied to any industry.

[alinapvlvch]

now it is very often possible to meet the ideas for introduction the Blockchain which do not make any sense in general. therefore before introducing it, it is necessary to think whether it is worth it.

[Dondont]

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?

isn't all business actually profitable, even since the blockchain and crypto don't exist yet. And at that time we knew that the systems used in such businesses had more dark sides, such as how they were not transparent to users and investors, whereas the existence of this blockchain was only an option if someone wanted a different thing or a new development

[cc80aa]

since blockchain is concerned, blockchain is fit for industries sa far as industries have methods, guidelines, products,money transanction..blockcain is complete system from the start to end and back to start so it can help their processing easy, quick and accurate..

[Gabali126]

From all indications, blockchain is needed by almost every industry. There has to be one area of their business that will surely require the integration of the technology. Be it engineering, commerce, entertainment, etc.

[yugyug]

Blockchain is a new technology for data security and management and most of the modern industries are heavily relied on data and they won't compromise that their data will not be leaked to their competitor. Information and other confidential data are more sensible to modern industries and they need to protect it and one of the most secure data data management is the blockchain technology. Modern industries need to adopt blockchain since they are hooked up to internet for faster transaction and any industries that do not need internet, does not need blockchain too.

[Arthurjone]

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?

From my point of view, blockchain is needed in almost industries, they need blockchain to develop more. I don't think we can find any industry that don't need blockchain.

[holtzmann]

As long as companies accept online payments, thee need blockchain. Furthermore, it is not just about payments but also about data, storages, smart contracts. I think it can be applied to any industry.

[trauchot]

I honestly don’t even know for which industries blockchain technologies are unnecessary, because now every sphere needs improvement because we are heading for the future and we need new technologies and new discoveries, just the blockchain technologies are capable and ready to provide the best discoveries that are with probability will be able to improve any industry, so I think that in the near future in any industry there will be blockchain technologies.

[Freedom24]

Maybe journalism? At least not the entertainment news media outlets. It might be beneficial to hard-hitting news, but I'm not sure if it will be a good thing for the newspaper and the people.

I think it would especially be great for the media and the people. Decentralized news websites would eliminate fake news. It would be resistant to censorship and verifiable, while ensuring accuracy and transparency by using incentives.

In my opinion, insurance is more alike to a joint venture system and funds will be disbursed to the entitled people just as in the agreement, if there are differences in class it is natural, because the monthly fee is more expensive.

[Akpuv]

A careful look at all the present tokens in the coinmarket cap indicates that virtually every industry is represented with one token project or the other rendering its associated service.

[tetyulfania]

Almost industries in the world do not use bitcoin as their payment, just few country have accepted bitcoin but just an issue right or not they have accepted bitcoin as their payment.

[ausbit]

I know this is a topic about which industries "don't" need blockchain but I just read somewhere that there is a team that's working on a blockchain that's basically scouting for sports. Not just soccer or basketball but all sports, thanks to a blockchain system every single small player in even the least popular sport could put the results of a match into a system backed by blockchain so they could be checked whenever and wherever they wanted.

That way you can have one huge big database for all sports and all players around the whole world which would make tracking much easier for scouts. I just wanted to share something new I found because whenever someone says who doesn't need blockchain I just want to remind them they may not "need" it but surely everyone will benefit from it even if they don't need it. Its not a "must" for many industry but its "good to have" for every industry.

[nur rochid]

Almost industries in the world do not use bitcoin as their payment, just few country have accepted bitcoin but just an issue right or not they have accepted bitcoin as their payment.

indeed it happens because bitcoin has not been legalized. but many industries can use the blockchain, even though they currently don't need it. and I think the industry that has local marketing will eventually use it

[realcrypto]

If you look at it critically almost all industries need blockchain. All industries keep record of what is going on in the industries so to ensure accuracy and transparency blockchain will be very useful.

[mu_enrico]

If you look at it critically almost all industries need blockchain. All industries keep record of what is going on in the industries so to ensure accuracy and transparency blockchain will be very useful.

Wut??
Yes, they need a database, but not in the form of a blockchain.
The blockchain is slow, immutable, and adding more unnecessary complexity. It is not useful at all for most of the companies.

[Umuoji]

Every industry need Blockchain,I don't think there is any industry that Blockchain is not needed but the only problem is that most government won't allow that to come in place .

[The Sceptical Chymist]

I am yet to hear a good argument for blockchain in healthcare. <snip>

I'm no expert on blockchain tech by any means, but I'd love to hear good ideas about how it could be implemented anywhere in the healthcare field, pharmacy services in particular, and if it would truly offer an advantage.  My opinion is that people are trying to crowbar the tech into industries that don't really need it, and they're doing it for their own gain and not to actually solve problems.

The first thing that comes to mind for me is the postal system.  Seems like a blockchain would be a good tracking system for 1st class mail (letters), which doesn't currently exist.  I'd love to be able to track regular letters I send without having to pay for priority mail.  Yes, I still pay my bills through the mail, and I also use the postal system to purchase stocks.  I'm very old school.  And as it stands, there's no tracking system for a letter sent with a $0.50 stamp on it.

As an aside, I can't stand most of the posts in this thread, which are mostly generic shitposts that aren't even addressing the question asked in the thread title.  God damn you sons of bitches and your spam.  And I guess the question is which industries don't need blockchain tech.  My intuition tells me that the list is a pretty long one. 

In any case, I haven't seen it getting adopted by many companies in order to improve their businesses, and bitcoin itself is now 10 years old.  It's not like there's a secret that's being kept from the corporate world.