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Question: Where blockchain can be used?
Finance - 2 (50%)
else? - 2 (50%)
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Author Topic: Any other areas that blockchain can be used?  (Read 578 times)
BTCappu
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July 09, 2019, 12:17:55 PM
 #41

I was watching Saving Private Ryan (great movie by the way) and I realized I know there are no more wars like that and everyone is actually just fighting with planes vs terrorists etc etc but if there were to happen another IRAQ war type deal where people actually are involved in the fight blockchain could be used for database of soldiers as well.

Like finding an internet connection is the hardest thing but if you give each soldier some sort of address or a code and assign them to a platoon or whatever and they go off fighting than you can just use it as database to keep track of everyone automatically, maybe even include gps and all information required like name/birth place/ birthday/ blood type etc etc so basically with just click of a button you get all information of a soldier but that would also be very dangerous considering enemy could use it too.

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July 10, 2019, 02:05:45 AM
 #42

Blockchain has been studied in many different areas from agriculture, production management, human management, currency exchange management, medical record management, voting permission etc...
Blockchain brings democracy and transparency.  That's what we really want.
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July 10, 2019, 03:15:46 AM
 #43

Blockchain technology has a vast area of usability. Apparently, it can be used in almost every field or sector where information and data storage is important. This is possible due to the digital ledger feature of the Blockchain technology which allows information and data to be safely stored and easily accessed.
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July 10, 2019, 04:13:27 AM
 #44

Facebook and Libra are focusing on Financial area. Is there any other area that blockchain can be used?? It's hard for me to imagine anything else.
I guess we already have everything for blockchain purposes, though of course the rearch and development keeps on looking for something new and unique in the market. Blockchain might be use for taxation as well, honestly its hard to think for any new updates if you are just focus on the price movements, well traders problem.

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July 10, 2019, 05:09:39 PM
 #45

you can use blockchain technology in any field that you like as long as you have some form of data and want to store it somewhere blockchain can come in. but the real problem that people should be focusing on is whether it is a good idea to use blockchain in any of those fields?

so far i have seen the technology be mentioned (not so much used) in a lot of industries such as health care, energy industry, food delivery,... but i have never seen any of them discuss about why they are even talking about it in their business apart from trying to hype it up and make some quick money.

There is a FOMO brewing...
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July 10, 2019, 06:59:06 PM
 #46

Bringing Bees to the Blockchain: World Bee Project Partners with Oracle for Bee Sustainability
Read more about it here:
-https://all-stocks.net/bringing-bees-to-the-blockchain-world-bee-project-partners-with-oracle-for-bee-sustainability/

   Just recently I came across this news, and it`s interesting. It`s connected with this topic, for what Blockchain be used. As you can see Blockhcain can
be used for almost everything. Possibilities are endless, and that`s what most people don`t understand yet, when they start to, they will start to believe in
future of Blockchain as I do!



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July 10, 2019, 07:13:21 PM
 #47

First off, Libra is or will be from Facebook. And Blockchain technology is not same with cryptocurrencies (That is if i can call Libra a cryptocurrency). As for whether their are any other use of blockchain apart from financial area. Yes their are. Healthcare, supply chain and Internet of things are just some of the few areas it can be used. And their are more to come.
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July 12, 2019, 09:38:43 AM
 #48

Blockchain technology has a vast area of usability. Apparently, it can be used in almost every field or sector where information and data storage is important. This is possible due to the digital ledger feature of the Blockchain technology which allows information and data to be safely stored and easily accessed.
When people speak of the blockchain technology, some feel it can solve every problem found across the industries in the whole world, but it cannot solve all problems, and where blockchain really functions more is this area you have just mentioned, which is that of information and data storage, and its ability to provide immutable record.

Another area where I personally enjoy the use of blockchain technology is the aspect of it removing middle man directly from a transaction, and when I talk of transaction, not only financial transaction, and even project by creating contracts directly through individuals and organizations which may totally eliminate any fraudulence practices that usually occur when applying for these contracts, and some of these features are why some corrupt governments are not happy with, that makes them go against it.
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July 15, 2019, 06:39:32 PM
 #49

Facebook and Libra are focusing on Financial area. Is there any other area that blockchain can be used?? It's hard for me to imagine anything else.

Let's start by defining blockchain: it's a computer algorithm that allows data exchange, analysis and automatic confirmation through decentralized servers. Of course, its very nature puts its application close to the financial world, but its full potential is by far a much diverse one, ranging from inventory and shipping management to software vulnerability data analysis. However, its adoption course will be closely linked to FinTech for a while. Through it, whether the current economic environment likes it or not, its validation will surely grow and other business range will massify its adoption.

There are already a few visionaries embracing this technology and bringing forth projects with the capacity to disrupt current market landscapes.
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