Can A government accept blockchain Without accepting Crypto currency ?

[Teamfearless]

Many country  has put  ban on crypto currency , allot  of financial  gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial  institutions can run on  blockchain without crypto Currency ?

[xuan87]

Sure, crypto and blockchain are two different things, blockchain could be so famous because crypto introduce the technology, and blockchain technology is not only about crypto it can be used in different sectors of life, most of the countries are more interested in blockchain rather than crypto

[jan.nicolas]

It seems to me that people do not quite understand what a blockchain is when they ask such questions. This is a common technology that can exist without cryptocurrencies and it seems to me that many businesses are already integrating it.

[Teamfearless]

Sure, crypto and blockchain are two different things, blockchain could be so famous because crypto introduce the technology, and blockchain technology is not only about crypto it can be used in different sectors of life, most of the countries are more interested in blockchain rather than crypto

I understand that .. can they Run financial activities  on blockchain without crypto currency ?

[Best Bitcoin Slots]

Yes, definitely.

Ever heard of the use of blockchain in the health sector for storing health records? How about electronic signature technology using blockchain? Or blockchain in the music industry for music streaming?

Read about them here: https://www.coins-info.com/news/heres-how-these-6-major-industries-benefit-from-blockchain-innovations/

[longergou]

Of course, this is completely achievable. Although the blockchain creates cryptocurrencies, it is only a function of the blockchain and it still has many other uses.

[khoapham89]

It seems that you merge blockchain and cryptocurrency. Cryptocurrency is an adoption of blockchain. We can implement blockchain without cryptocurrency, of course. But, to increase the security, we use nodes, and cryptocurrency is as the rewards for node owners.

[Tidsdilatation]

The only reason they are doing this is becourse they are afraid what crypto will do to their monopoly on money. They can't control crypto, thats why they ban it and talk bad about it. its pure propaganda, just ignore it and continue use it.

[levyashin]

Of course they can.

Blockchain is a technology and you don't have to use a cryptocurrency to implement it. So they can do if they want to.

[Connectivity]

Yes this is definitely possible! they can implement blockchain tech for big data instead for transactions

[Little Mouse]

Lots of people are utilizing blockchain technology. Crypto and blockchain are totally two different entity. Crypto is a currency while blockchain is a technology. So, people can utilize blockchain in barious aspects of real life. I believe it will be adopted widely.

[Mr.Noda]

In Belarus, the national bank maintains a register of records based on blockchain technology. This can already be considered the adoption of the state as an innovative technology.

[ereborltc]

Blockchain requires specialized technology, and not everyone can be involved in this field. The original intention of the government to ban cryptocurrencies is to crack down on some people using cryptocurrencies to commit crimes. They will not reject the application of this new technology.

[zcashplan]

Blockchain can be convenient for many industries and does not need to rely on cryptocurrencies, so I think in many countries in the future, blockchain will be used, but cryptocurrencies will not be used.

[ShadowBits]

Many country  has put  ban on crypto currency , allot  of financial  gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial  institutions can run on  blockchain without crypto Currency ?

I think they can but I guess they need crypto currencies for that kind of project to operate, but who knows that they will invent a new way of using blockchain.

[xiaoY]

The government recognizes that blockchain is a new revolutionary technology and embraces the blockchain, but they think crypto is bad, affecting their financial stability and undermining the existing financial order. Whether it is the United States, China or other countries, they all have the same view on crypto.

[Debonaire217]

Many country  has put  ban on crypto currency , allot  of financial  gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial  institutions can run on  blockchain without crypto Currency ?

Well I guess they can use block chain in some sort of election voting systems like that? Or maybe through registration in government just to have only single account listed per person, block chain will be a good choice. Unhackable, secure, and robust.

[Pffrt]

You are messing up crypto and blockchain. Blockchain is a great technology which is being used in cryptocurrency. There are huge usages of blockchain. For example, DeepOnion is allowing people to register and verify a file authentication. It will solve the problem related to copyright. I personally used DeepVault (Name of the service) and got satisfied. For your info, Chinese court has declared this kind of method can be used to prove authenticity.

[Red-Apple]

i don't know why you say many countries have banned cryptocurrencies when it is the exact opposite of it, in fact many countries have accepted cryptocurrencies or at least have no stance yet and only rare countries that aren't more than a handful have actually banned them. (things are different with ICOs though, many countries have actually banned them.)

as for the blockchain, it is the technology which is free to use and anybody can adopt it and there is nothing wrong with it. so yes the government can adopt the technology without the cryptocurrencies!

[ecnalubma]

Yes it can be, however cryptocurrency is just a proof of ownership. Blockchain can be use by government for storing records to help minimize tampering government documents. Blockchain can also be a great devise to eradicate corruption and misuse of government funds.