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Author Topic: Which industries don't need blockchain?  (Read 1293 times)
hatshepsut93
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December 25, 2018, 01:59:23 PM
 #81

Gaming industry doesn't need blockchain. No gamer ever has asked for "decentralized ownership of in-game items", yet blockchain startups present it as some huge problem in gaming world. Players are okay with centralization of online games, because there never was any other way, and blockchain games don't change anything because they are still inherently centralized. Plus, tying in-game economy to real world money rarely works out, so it's not in the interest of gamers to have everything being tradeable for real money.

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December 25, 2018, 03:13:58 PM
 #82

 Industries that do not use internet transactions don't need block chain technology . Block chain is a new technology to maintain transactions secure and there will not be leakage in Block chain data . According to my concept I am sure that block chain technology is a must for all industrial work since it gives security and trust to the people and it is risk free to use .To my opinion almost all industry should develop block chain technology and block chain is beneficial for every industries developments . For example in real estate business when the data is entered no one can change the records from unauthorized  individual even in any circumstances  the true benefit of block chain technology comes from networks of trading partners . Block chain may be the perfect tool for protection for the transaction between two person block chain provides not to share any data that is why block chain technology is useful in many industries .

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December 25, 2018, 03:39:35 PM
 #83

I think the blockchain technolgy can be implemented on any places where the information needs to be store,so is there any industries that don't have any info to store?

But for now lot of industries not thinkig about implementing blockchain,maybe it will get implemented first on government sectors.









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December 25, 2018, 04:49:56 PM
 #84

"Need" and "would be cool to have" are different stuff. Before 2008 no industry had blockchain at all, which means none of them really needs it, since they were capable of running without blockchain so long that they apparently don't need it at all.

All of the industries you think of even online gambling which gets to a whole new level with provably fair thanks to blockchain doesn't really "need" it, its just cool to have and when one casino has it than others had to adapt as well. However, pokerstars and sportbooks and many alike had lived long before blockchain was a thing.

On the other hand there are industries that doesn't require technology at all, a blacksmith (I know they are rare these days but they exist) doesn't require a computer let alone a blockchain system, a chef doesn't need blockchain, basically anything that doesn't use a computer to work doesn't need a blockchain, you think a cleaning lady going to a house everyday to clean their house would need a blockchain ? They certainly won't.

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April 30, 2019, 07:52:28 AM
 #85

Blockchein can be used wherever systematization of large databases is necessary, and especially where such data should be available to the public. Therefore, this technology can be used almost everywhere and in any sphere of human activity. A feature of this technology is its high security when using it on the Internet online. This is now especially important when the Internet gives us the opportunity to account for any phenomena of our physical world on a global scale.

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April 30, 2019, 08:32:21 AM
 #86

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?

I feel that every industry has benefits when implementing the blockchain technology.
This stems from the fact that this technology can be integrated in every or at least the most company's departments and make their work more efficient of reduce their costs. Maybe it has less application in industries that don't want automated processes and they rely more on customized products for their customers.
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April 30, 2019, 09:39:53 AM
 #87

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?
fancy in the development of blockchain system every industry should definitely need to adopt the blockchain system because in the developing world we need to change the things that to be trending now and I think blockchain is the new trend so we need to change the payments and some stuff like that will be definitely involved in it.
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April 30, 2019, 10:10:07 AM
 #88

Defence, medicine, teaching, agriculture, cleaning, gardening, sports - anything that can't be done online.

Because the blockchain needs the internet, it's best for online retail, online gambling, finance (most of which is done online), remittences (most of which are done online), political fundraising (most of which is done online), and so on.

 
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April 30, 2019, 11:55:36 AM
 #89

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.

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April 30, 2019, 01:16:31 PM
 #90

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?
We can see several times news like this. Those companies afford the blockchain who knows the benefits of blockchain. And I think one day most of all companies will be under the blockchain umbrella.

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April 30, 2019, 04:25:11 PM
 #91

I have see some list of some industries that need blockchain and to me every facet of life actually needs blockchain technology.  I do believe that why many has not see the needs of blockchain technology in they fied or industries is because it is still new and we cannot really comprehend it impacts on our economic at the moment.
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April 30, 2019, 05:34:26 PM
 #92

When they (corporations, companies) get rid of paper, and when they found out how faster, more reliable, accurate blockchain is they will move to crypto. Its a process that needs to go along with country laws, some company will not do anything against the law and risk expensive penalty for that. Most of them are waiting government approval what will happen very soon for some countries.
I think every industry will use blockchain in very near future.



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April 30, 2019, 07:08:35 PM
 #93

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?

Any industry which behind datas of its employees, records and etc, will certainly need Blockchain technology to improvise and minimize their risk and work. I am sure down the line in 5 to 10 years, every industry would  be depending / integrating blackchain technology into their system. Too many huge private sectors have started integrating and routing their datas into blockchain.
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April 30, 2019, 07:31:43 PM
 #94

Indeed i also think most of industries who has employees need blockchain technology, in my opinion i think that the blockchain technology makes more easy to store data and access it in a fast way.
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April 30, 2019, 08:52:45 PM
 #95

Indeed i also think most of industries who has employees need blockchain technology, in my opinion i think that the blockchain technology makes more easy to store data and access it in a fast way.
I agree.  The blockchain technology is needed only in those industries where there are more data arrays and which need to be stored or have quick access.

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April 30, 2019, 09:43:43 PM
 #96

Gaming industry doesn't need blockchain. No gamer ever has asked for "decentralized ownership of in-game items", yet blockchain startups present it as some huge problem in gaming world. Players are okay with centralization of online games, because there never was any other way, and blockchain games don't change anything because they are still inherently centralized. Plus, tying in-game economy to real world money rarely works out, so it's not in the interest of gamers to have everything being tradeable for real money.

Gamers dont have a choice but to accept the terms and conditions of a game that they are playing  . in game items are also too costy because of vat or tax but they still accept it because they cant do anything about it  . however if blockchain will be implemented to every game or to a certain game , the game will be decentralized which means we cant expose our privacy/identity anymore  plus we can expect that the in game items will now be cheaper . the good thing is that we can also use cryptocurrency to buy in game items  . isnt that great ?
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April 30, 2019, 11:25:35 PM
 #97

I don't think there is presently any industry or sector that won't need the blockchain technology if there are developers in that regard. Since the blockchain will make their work faster and easier and ensures transparency and integrity. In the coming years, almost every industry will have to migrate to blockchain for their workflow, it will be wise for young people and able body to study about the blockchain technology as it may end up being the highest employer of labour in the future.
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May 01, 2019, 07:52:36 AM
 #98

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?
I don’t think most of the industries needs Blockchain technology, it’s not really that important as some people would always be hyping it to be, so it’s not needed in most places. I think where the blockchain technology can be needed is when it comes to any industry that has to do with tech, just like Microsoft, Apple, Google and others like them. But if you check you will see that these companies don’t even make use of blockchain, except that Microsoft Xbox is accepting Bitcoin for their stores.
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May 01, 2019, 08:18:17 AM
 #99

With each and every industry it is possible to integrate with blockchain technology for effective and efficient functioning. This is where the use of blockchain technology gets widened, and to the growing population it is not possible to meet all the necessities with the traditional system. This is where the blockchain technology takes the place and contributes good. Op has stated major ten industries that use blockchain technology, and in future every industry will be blockchain integrated.

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May 01, 2019, 08:32:23 AM
 #100

Indeed i also think most of industries who has employees need blockchain technology, in my opinion i think that the blockchain technology makes more easy to store data and access it in a fast way.
I don't think so, agree that blockchain technology is useful in most industries, as you said, it can make data storage better and enhance the security in the work environment but in return, it still has many limitations, typically as data storage, because it guarantees too good, we will not be able to edit any data if that data has been stored, especially when we lose the key for logging in, it will be a bigger problem than ever. In addition, storage capacity is quite limited, with all such disadvantages, I believe that industries will soon realize that blockchain technology is not suitable for them

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