Blockchain or Business Model?

[Crypto24hrs]

I appreciate and prefer Business model to Blockchain not because business model is a better technology but because Blockchain exposes the lies, the hypocrisy, sycophancy and the dirty deals among  business operators but sooner than later Blockchain technology will rule the world.

[malikusama]

When we take a look at Blockchain technology we observe there are a lot of advantages of using it. Pryople can make faster transactions with lower fees and its way more secure. But as the article says its hard for any business to implement it because it would take some time for people to adopt it. Blockchain is not something new but still very little percentage of the population know what it is and how it works,thats the reason why companies don't want to get involved with it.

Blockchain is not just for financial transactions and payments record but also virtually everything of value/data. Companies will adopt blockchain according to their need.
We are heading towards the digital world where companies will need transparent, democratized and secure system for their business, and thus blockchain would be the best option for that.

[whirlcoin]

When we take a look at Blockchain technology we observe there are a lot of advantages of using it. Pryople can make faster transactions with lower fees and its way more secure. But as the article says its hard for any business to implement it because it would take some time for people to adopt it. Blockchain is not something new but still very little percentage of the population know what it is and how it works,thats the reason why companies don't want to get involved with it.

Blockchain is not just for financial transactions and payments record but also virtually everything of value/data. Companies will adopt blockchain according to their need.
We are heading towards the digital world where companies will need transparent, democratized and secure system for their business, and thus blockchain would be the best option for that.

yes you are absolutely right blockchain is not only for making money it will be the future of our self and a lots of businesses trust only the development of cryptocurrency in the future and its been digitally works in all each and every field so it will be very important for our future.

[Naida_BR]

I agree that many of the existing companies are not ready to adopt the blockchain technology. Maybe it is due to its early stage, maybe it is because there is not yet known to the entrepreneurs.

I hate to say though, that there are some CEOs that do not like the blockchain technology because they want corruption to their companies in order to manipulate numbers and present better results.

[layoutph]

A blockchain without a good business model will not prevail for long. Take a look of some ICO a few years ago.. Some of them are not existing anymore because some of them are just pump and dumps and their coin has no real purpose or use.

[pawanjain]

Artificial Intelligence as we say it today, was started in the early 1930s by Alan Turing but it became popular only in the late 1980s.
Machine Learning started way back in the 1990s but it became popular only recently.
Blockchain started in the year 2008 and is growing rapidly. Businesses have started using the Blockchain technology but it will take time before the majority of businesses adopt it.
It's obvious that Blockchain has a wide variety of use cases and hence it must surely be used by many businesses in the future.

[sheenshane]

If you will highly analyze Blockchain technology you will know how much this technology gives us as advantages. The only opportunity blockchain technology had is the information and data. Blockchain technology could change the data and information systems dramatically since it has great data management. But not all of the business can benefit from this.

It's obvious that Blockchain has a wide variety of use cases and hence it must surely be used by many businesses in the future.

Yes, it is.
Financial and medical industry can benefit in blockchain in many ways so that is what I am really waiting for. For both industries to adopt the technology on a large scale.

[playboy654]

A blockchain without a good business model will not prevail for long. Take a look of some ICO a few years ago.. Some of them are not existing anymore because some of them are just pump and dumps and their coin has no real purpose or use.

yes blockchain cannot be good system without your business model I also agree that some currency will come. I'm only they don't have any other use our purpose of doing our economy for changing that to the future.

[mersal]

Making your own business model based on blockchain system will be more appreciated in today situation so I think this will work in the future also for being a cryptocurrency user and also beyond business man for long time.

[finaleshot2016]

Every success starts in the business model so it's gonna be it. Sometimes when you're creating an innovative research/project in your company, It's because of the business model. It doesn't mean you have the blockchain, it will be easily known by some investors, No, It's not like that. Every success is in the path of process, so you need a model or visualization of having that kind of project.

[andika2018]

A blockchain without a good business model will not prevail for long. Take a look of some ICO a few years ago.. Some of them are not existing anymore because some of them are just pump and dumps and their coin has no real purpose or use.

yes blockchain cannot be good system without your business model I also agree that some currency will come. I'm only they don't have any other use our purpose of doing our economy for changing that to the future.

Blockchain will help bussiness saving a lot cost and i think blockchain will change bussiness model in the future. If more companies and government service implementing blockchain in service, i am believe its more transparant and faster

[TheCoinGrabber]

They likely heard about it already but there is still no pressure to adopt it coz their present system still serves th well. I think not every business need to implement it immediately.

I'd rather see the government implement it first for stuff like budget allocation and land records.

[awik p]

They likely heard about it already but there is still no pressure to adopt it coz their present system still serves th well. I think not every business need to implement it immediately.

I'd rather see the government implement it first for stuff like budget allocation and land records.

I agree, with the government implementing it first, meaning that there will be direct counseling of the people, of course this has a good impact on the development of cryptocurrency. I think the government plays an important role in this matter

[sirohige]

They likely heard about it already but there is still no pressure to adopt it coz their present system still serves th well. I think not every business need to implement it immediately.

I'd rather see the government implement it first for stuff like budget allocation and land records.

I don't think all governments can easily implement this technology and use this technology for their state finances, because this blockchain and bitcoin technology is still something new and not everyone understands cryptocurrency or blockchain.

[ethereumhunter]

That is a long article to read.

It is too early to choose blockchain for the institutions or organizations or company because, from that article, only 46% was ready for implementing the blockchain.

The business model will change following the new era and the new technology, and if one company doesn't want to use that thing, then they can get prepared to close their business. It cannot deny that we need new technology for our life because, with the new technology, our life will become better. The blockchain is offering something new for the financial business, and if they realize about this, they will surely research how to use blockchain for their organizations.

The business model will transform to the new design and will be different with the old model, but it's better because by using the blockchain, they can cut off the whole process into one simple process for their financial report.

[GreatOrchid]

People have their own different choices, wants and priority in life. And so just like between this, from blockchain and a business model, I would have the same answer like other people and have the same opposite answers too. In what we can see, there are still lots of people that is hesitant to engage with in the blockchain technologies so they think of other sideways in their life like taking the path to a business model.
I am aware that the blockchain is still in under research and trying out its popularity in the community, but in the future, a much more exciting and interesting things may happen that is also integrated in with the blockchian technologies.

[TheCoinGrabber]

They likely heard about it already but there is still no pressure to adopt it coz their present system still serves th well. I think not every business need to implement it immediately.

I'd rather see the government implement it first for stuff like budget allocation and land records.

I don't think all governments can easily implement this technology and use this technology for their state finances, because this blockchain and bitcoin technology is still something new and not everyone understands cryptocurrency or blockchain.

I can't find the thread but I believe there is one country in Eastern Europe testing it for land registry. Googling now I saw that Sweden, Russia and one county in Wyoming is testing it as well. It's in the best interest of the gov't to have a blockchain land registry so that there's less likelihood of the records getting wiped out. I suppose it'll also make it easier to retrieve records and we know the gov't earns money from property tax.

[Renaldi blackspadeteam]

For those who have the ambition to change the world better, of course they will choose blockchain technology as the main goal, but those who are greedy and selfish only think of themselves, of course they will choose the blockchain as a business and conduct ICO greedily, even those who have disease Hearts will commit economic crimes using blockchain by cheating when conducting ICO. (scam)

NOTE : for you, please don't make blue writing, because it can damage the eyes, thanks

[awik p]

They likely heard about it already but there is still no pressure to adopt it coz their present system still serves th well. I think not every business need to implement it immediately.

I'd rather see the government implement it first for stuff like budget allocation and land records.

I don't think all governments can easily implement this technology and use this technology for their state finances, because this blockchain and bitcoin technology is still something new and not everyone understands cryptocurrency or blockchain.

I can't find the thread but I believe there is one country in Eastern Europe testing it for land registry. Googling now I saw that Sweden, Russia and one county in Wyoming is testing it as well. It's in the best interest of the gov't to have a blockchain land registry so that there's less likelihood of the records getting wiped out. I suppose it'll also make it easier to retrieve records and we know the gov't earns money from property tax.

The blockchain is very flexible with the current developments, so many have used it, because of some advantages possessed. it is not surprising for countries that have legalized using it for an agency database, with the news, certainly a good development for the blockchain

[kaya11]

I want to try to receive payments through BTC, I have my own small business now. This will just be an experiment though. I am excited about this and make a lot of people here in my town wonder what is this QR payment and blockchain or cashless method. Let's us start it from our own selves and when they would experience something like this and could benefit them or in their business I think they would follow. A little bit of mass adoption-slowly but surely. Well I will use my local BTC address for me to withdraw my money to fiat in an easy way. This technology is awesome in so many ways so let's get started!