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Author Topic: Do you believe that blockchain would empower the systems of the future?  (Read 756 times)
dabenko
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May 27, 2019, 12:09:34 AM
 #21

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?
The process of empowerment through blockchain has started, so i am not in doubt if it will happen more.
We have seen the impact of blockchain in different continents of the world. Organizations, companies, governments now make use of this technology. Therefore, it can do more as it is being explored.
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May 28, 2019, 08:20:34 AM
 #22

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?
They are not just hyping the technology, I don't think they have any gain doing that when this companies on their own are billion dollar companies, I believe that they are realizing that crypto is the future of finance and any company that don't have a base in the crypto space in few years to come might not be relevant in this world anymore, this is why they are trying to create a crypto base for themselves because they are scared of going into extinction like how they drove some companies.
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May 28, 2019, 11:02:43 AM
 #23

I will tackle something that is not related into cryptocurrency.
We are all aware of the elections in every country (most).
cheating is a big problem in this world and most cheaters are corruptors.
then if blockchain will take place the election proper then i will tell that the most honest election will occur.
This is one of the reason i like blockchain, it is recorded and can't change by anyone!
Same thought here even i am also thinking the solution for election system should come under blockchain system then no body will able to cheat . Blockchain solution not only crypto currency its beyond that  . Its Decentrelised database the data registered never changes also peer to peer network will create the computers across the globe will be super computer .
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May 28, 2019, 12:08:13 PM
 #24

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?

Cryptocurrency market is a place to raising funds and trade coin. But for blockchain, i am believe many industry trying blockchain technology because blockchain can save a lot cost and its very eficient
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May 28, 2019, 05:45:55 PM
 #25

Blockchain has changed the world of casinos forever, they managed to make provably fair a thing and now that its a thing anyone who keeps playing on places that have no provably fair is risking their money and they know it. Which means just thanks to the system blockchain was developed for it changed a whole lot in one sector.

Banks are trying to understand how blockchain works and how they can build their own money system for transactions and make it cheaper and faster with blockchain as well which means it will be very soon when all banks use blockchain too. These are just examples, from soccer scouting to insurance there is a bunch of thing blockchain could change the whole world and they are working on it, I am sure with time blockchain can be at the center of every sector ever.
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May 28, 2019, 05:56:33 PM
 #26

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?

Yes, blockchain technology is revolutionary as it facilitates decentralization, which is important given the trust issues of market participants. The problem that organizations have is that they want the power to control, yet also lust after the potential profits of decentralized systems. You cannot have blockchain with centralized control and power, so it will be interesting to see how this technology plays out into the future.
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May 28, 2019, 06:26:34 PM
 #27

Sooner or later the government and some companies will think that the transfarancy is really needed. And its factor that make me believe that blockchain is only one who will make it happens. I believe blockchain can give all people aware that with this system will make some problem gone easily and being a solution to help everyone realize that data manipulation is something that is not commendable. With the result that, blockchain is a system which will be used by every government or many companies.

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May 28, 2019, 06:29:50 PM
 #28

There are industries for which the use of blockchain technologies will be the next step in modernization and improvement. But most projects simply "tie" the blockchain to their idea to raise money. For me, blockchain is a step forward, a new impetus for the development of some industries.
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May 28, 2019, 06:30:33 PM
 #29

Based on my knowledge that is still low compared to other people, I see that the level of trust in the blockchain is not only limited to liking technology, but more than that. I think they really have thought for convenience in the future.
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May 29, 2019, 10:27:02 AM
 #30

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?
The truth is that everyone is just trying to grab their one piece before it's late, and that is it. They just want to make use of this opportunity and make more money. They release a cryptocurrency of their own and people will invest in it and they make money, they use every money gathered to run more bigger businesses and grow their companies. They launch clothing lines on crypto and people buy it and they make money. Restaurants makes use of cryptocurrency ,but uses services that helps them convert it to fiat quickly.

So leave all these people , let's wait till the future and see if there will be any purpose for the blockchain apart from all these BS they are acting right now. The only thing that has been proven for now is only transaction and nothing else. So for now anyone saying that blockchain can be used for any other thing is saying nonsense until they prove it.

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May 29, 2019, 10:36:18 AM
 #31

I can tell you one thing about the usefulness of the blockchain technology for any company and many large corporations understand this and therefore even introduce this technology into their own turn and some even launch their own projects and create their tokens because they understand that crypto-currency has now gained good popularity.
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June 07, 2019, 03:35:43 PM
 #32

Sooner or later the government and some companies will think that the transfarancy is really needed. And its factor that make me believe that blockchain is only one who will make it happens. I believe blockchain can give all people aware that with this system will make some problem gone easily and being a solution to help everyone realize that data manipulation is something that is not commendable. With the result that, blockchain is a system which will be used by every government or many companies.
Yes, it is true that nowadays governments are forced to rely on this new technology to facilitate their services,Due to the accuracy of the service provided by this technology,I personally have not seen a reason why governments are abandoning this lucrative industry in the future.
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June 07, 2019, 04:02:04 PM
 #33

Yes I do and there is doubt about it.
Seriously, take a good look at blockchain, or rather compare blockchain when it started to what it is now; you will advancements in various ways. Amazing products, features and services, so the answer is yes and with time we will all see the positive results in shores of life endeavours.

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June 07, 2019, 04:54:27 PM
 #34

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?

I think it has gotten plenty of media attention as of late and that is actually a great thing. People in every corner of the world are becoming aware of the blockchain and how it can improve their life while making it safer at the same time. I believe this powerful technology will make future safer in unimaginable ways and it's not just related to financial system but all other systems put together that improves our life in many different ways such as healthcare.

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June 07, 2019, 05:27:11 PM
 #35

Yes and that is what attracted me to the affairs of the blockchain world. Blockchain present a new way of advancing the world which is highly needed as most platforms tends to live off investors, that's blockchain presented decentralization.
To make it more interesting, most platforms now have seen the beautiful side of blockchain and are getting associated.
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June 07, 2019, 06:15:50 PM
 #36

Blockchain is a self-sufficient and open structure, which does not require third parties to operate. This is a revolutionary, fundamentally different way of storing and transmitting information over the network, which has many options for practical use. I believe that blockchain can definitely be called the technology of the future!
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June 07, 2019, 08:15:09 PM
 #37

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?
The process of empowerment through blockchain has started, so i am not in doubt if it will happen more.
We have seen the impact of blockchain in different continents of the world. Organizations, companies, governments now make use of this technology. Therefore, it can do more as it is being explored.

Truly, the impact of blockchain technology in the market has been in the works for few years already. And day by day, more blockchain projects are being introduced across the globe creating more adoption. So I strongly believe that blockchain technology will further empower a lot of systems in the very near future as it has been in the works already.
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June 07, 2019, 08:18:21 PM
 #38

Blockchain is more powerful than the super computer which is in showcase as future of computers.

Never trust the centralized market they will not anything for us and that is how this world as made in between us. When you want to empower your business with the blockchain mode of security then you will be up to the mark in that business.


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June 07, 2019, 08:18:49 PM
 #39

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?

I consider this industries are the pioneers they know that they mustn't miss the blockchain age, because they are sure it will bring earthshaking changes to every aspect in human life. i think you are mistaking by stating that "they merely hyping the technology".

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June 07, 2019, 08:37:24 PM
 #40

We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?

I consider this industries are the pioneers they know that they mustn't miss the blockchain age, because they are sure it will bring earthshaking changes to every aspect in human life. i think you are mistaking by stating that "they merely hyping the technology".

It got media attention because more people are starting to use it on a daily basis so if they hyping it up then it has something to offer that other technology can't. Blockchain doesn't pay for its advertisement though so why bother? it's free.



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