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Author Topic: In what area do you think a blockchain system is the most needed?  (Read 384 times)
Ngoziwealth
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December 17, 2018, 09:36:35 PM
 #21

The blockchain technology is most suitable for businesses or transactions that requires  third party, and that includes Real estate, Airlines, legal services, Hotel bookings etc.  The banking sector however needs the blockchain system the most to remove the multiple layers of intermediation that results in slow operations.
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December 17, 2018, 10:10:58 PM
 #22

Basically, blockchain is needed in every industry where third party can be eliminated and there's many of them. Maybe those related with logistics?



well,, thats why a lot of third party platform didn't like blockchain,,
because of the transparency of blockchain,,
in my opinion financial industry is need blockchain to reduce the fee and fraud activity my friend
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December 17, 2018, 10:14:35 PM
 #23

I find it difficult to answer this question because in each area the blockchain technology could make its contribution

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December 17, 2018, 10:15:15 PM
 #24

I think that in addition to the financial system the government would also benefit a lot from the blockchain, especially to avoid the corruption that is very rampant in the continent where I live, that would help a little to the prosecutors to fight bribes and make the system much more transparent.

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December 17, 2018, 10:53:20 PM
 #25

I think blockchain will be more important in activities that require recording large enough and extensive data, such as supply chains, banking, network marketing products and much more. the blockchain doesn't have to be about crypto and its development is broad to non-profit activities that are more profitable for all
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December 17, 2018, 11:06:03 PM
 #26

Everyone wants to know reliable information about any product. Especially in the financial sphere. For this, the blockchain will be very useful. I think that it can be used in many areas and everywhere it will be useful. I think in the future it expects us. Blockchain will be firmly embedded in our lives in many areas.

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December 17, 2018, 11:10:19 PM
 #27

I am sure that first of all the blockchain technology must be taken in medicine

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December 17, 2018, 11:26:59 PM
 #28

Basically, blockchain is needed in every industry where third party can be eliminated and there's many of them. Maybe those related with logistics?


This is the short answer.
The long answer:
1. Finance and banking
2. Healthcare and private data
3. Shared solar energy networks
4. Law
5. Traceability of components during manufacturing

hardhardy
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December 17, 2018, 11:28:01 PM
 #29

I am sure that first of all the blockchain technology must be taken in medicine
Most humane for sure.
It's an unique place where data NEEDS to be shared at specific moments, yet needs to be hidden in all others.
It's fascinating how elegant a blockchain solution can be there
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December 17, 2018, 11:31:29 PM
 #30

Basically, blockchain is needed in every industry where third party can be eliminated and there's many of them. Maybe those related with logistics?


This is the short answer.
The long answer:
1. Finance and banking
2. Healthcare and private data
3. Shared solar energy networks
4. Law
5. Traceability of components during manufacturing

Have you done a research? Blockchain is not yet even implemented in the whole of the economic platform. It needs a very long time journey to identify the potential of the blockchain system dude.

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December 17, 2018, 11:35:30 PM
 #31

I think blockchain will be needed in many sectors. But for the most needed, I assume bank & financial and logistic industries. Since the blockchain provide fast transactions and transparent, those sectors absolutely will improve their services significantly.

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December 17, 2018, 11:53:37 PM
Last edit: December 18, 2018, 12:17:27 AM by Gab20
 #32

I think the mobility industry is the most needed a blockchain system.
There are lots of scam, fraud, and overprice repair car or deal used car. A transparent system is needed in the industry.
Blockchain can allow people to record and manage their own car and service data transparent.
Some blockchain projects are trying to implement a transparent system in mobility. I know MVL project. and which project do you know?

Also, in what industry do you think a blockchain system in the most needed?
Whatever deals with finances or any system that deals with sensitive data would need blockchain.
There are some data that people are conscious of or are trying to avoid its alteration, such can find good use in blockchain technology.
Governments of most countries know it is very useful for them and very soon, they will integrate it into their system.
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December 18, 2018, 01:00:09 AM
 #33

One of the most basic industries that the blockchain will be most in demand in the first place is the real estate industry, which is why one of the projects that I invest my money was Swiss project - Etheera. I expect that my investment will give at least a 20-fold profit in the next six months.
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December 18, 2018, 01:01:52 AM
 #34

I think the mobility industry is the most needed a blockchain system.
There are lots of scam, fraud, and overprice repair car or deal used car. A transparent system is needed in the industry.
Blockchain can allow people to record and manage their own car and service data transparent.
Some blockchain projects are trying to implement a transparent system in mobility. I know MVL project. and which project do you know?

Also, in what industry do you think a blockchain system in the most needed?

Blockchain is technology and should be can used in many industry sector. From communication, banking, manufacture and others industry can implementing blokchain industry if want to eficient their bussiness.
khoapham89
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December 19, 2018, 06:21:50 AM
 #35

Banking and finance is not the only industry where blockchain technology is needed. There are many other sectors like law enforcement, messaging apps, voting (elections), internet advertising, car leasing and sales, insurance, healthcare etc.

I know that. But, the point is MOST needed. And I said banking and finance. Every industry has the way to adopt blockchain.

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December 19, 2018, 06:32:37 AM
 #36

Basically, blockchain is needed in every industry where third party can be eliminated and there's many of them. Maybe those related with logistics?


And why do you think so narrowly, transport logistics is directly connected with the entire trading system. Therefore, the most real sector of the economy for its implementation will of course be retail and wholesale trade.

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December 19, 2018, 06:50:17 AM
 #37

every industry that there could be better if supported with blockchain technology. but my sense is most needed in the financial section of such a bank. It is prone to be good hacking an account and also identity. thus assisted by blockchain technology will certainly be better and could eliminate the risks that exist in the field.

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December 19, 2018, 10:40:51 AM
 #38

This is definitely the financial industry. The blockchain is the first to change the financial industry, and the financial industry is also one of the largest industries. Secondly, the game industry will be subverted by blockchain technology. In the future, games can make money instead of spending money.

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December 19, 2018, 10:46:00 AM
 #39

Blockchain is needed in every area and sector in a country people need to start accepting the advantageous aspect of blockchain rather than kicking against it but the issue now is would the government accept and adopted it into the system knowing that its would bring lots of shortcomings and restrictions in every transactions they make
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December 19, 2018, 10:53:27 AM
 #40

I think in the area of politics particularly  elections.  So many things go on in general elections behind the show. The blockchain will further make ease of voting and transparency.

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