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Author Topic: Blockchain Technology "bottled" up  (Read 495 times)
TimtheYoutuber (OP)
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November 05, 2019, 02:42:12 PM
Last edit: November 06, 2019, 02:32:55 PM by TimtheYoutuber
 #1

Read the full story: https://www.forrestvisions.com/blog/blog-post-blockchain-technology-bottled-up


It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?

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November 05, 2019, 03:09:23 PM
 #2

I see Bitcoin as the leader/face of the cryptocurrency revolution and the new global store-of-value and mainstream currency. Bitcoin is very useful as a method of payment and store of value, but it still lacks smart contracts and sidechains so that companies can make their own private "blockchains" on top of Bitcoin. I do think that all these features are coming and can be successfully integrated on the current infrastructure.

Until then there are other options in the market that are specifically designed for certain industries like the Stratis DLT solutions for enterprises.
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November 05, 2019, 03:27:34 PM
 #3

Read the full story: https://medium.com/@Forrestvisions/blockchain-technology-bottled-up-684935061270


It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?

If we take out the scammers, thieves and hackers out of the equation, there are still some really good things happening behind the scenes to make finance accessible and more inclusive to people form all backgrounds and financial situations. This can bring a whole new meaning to life for so many people aorund the world and also in a geopolitical framework where we see mass migrations due to economic hardship, we might see this put to an end a smore and mroe people prosper in their own countries due to the changes Bitcoin and the Blockchain technology itself can bring. People don't realise that this is bigger than all of us and our own perosnal dreams. If we all see the significance of this revolution, we will all act a little differently and more sociably responsible too.


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November 05, 2019, 04:05:36 PM
 #4

If it brings about innovation and other things that will help the spread of bitcoin even further then I’m fine with it, even if it does not directly meddle with bitcoin and/or associated with it in any way. I have learned to accept that everything that sprouts in the cryptocurrency scene is not directly partaking in bitcoin but is somewhat helping it in some way and that’s okay. We have new techs rising, new techniques being used and new practices being developed to aid us that the exclusivity for bitcoin projects that maximalists claim tend to fall out of place in no time.

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November 05, 2019, 04:21:41 PM
 #5

I have always had this strong feeling that the global adoption of blockchain technology would take place soon whiles its twin partner cryptocurrencies would take quite a long time. It's a great feeling to hear such a big company like Coca Cola stepping up on the front to adopt the blockchain technology. This would serve as a good exposure about the technology to other equally famous industries across the globe.

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November 05, 2019, 04:43:01 PM
 #6

Blockchain system is a future technology that every company in the future cannot avoid, I am sure in the future every company will use Blokchain technology or they will be left behind, it's all just a matter of time.
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November 05, 2019, 04:55:50 PM
 #7

Lol, Forrest vision is a company that offers media services, but can't even write a grammatically correct sentence.

"Business Insider broke the top story today suggesting that one of Coca Cola’s bottling partners"

Broke the top story ay?

How are you a writer exactly?
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November 05, 2019, 05:04:27 PM
 #8

Read the full story: https://medium.com/@Forrestvisions/blockchain-technology-bottled-up-684935061270


It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?

Immediate investment will not be a solution of any business even Bitcoin is also the same option like others.
If you want make blockchain technology empowerment means you need to show reach of cryptos to all the level and security integration should be occured at government institutions and companies. If such things happen we can expect good investment option.
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November 05, 2019, 05:13:48 PM
 #9

Read the full story: https://medium.com/@Forrestvisions/blockchain-technology-bottled-up-684935061270


It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?
Well the Blockchain isn't just for Bitcoin or cryptocurrencies, it is a publicly distributed ledger. The old way of keeping ledgers is obsolete and it isn't distrubted, public, or transparent. Many companies even to this day still cook their books (ledgers) faking transactions and other data. With the Blockchain all the data is public and transparent. The Blockchain can't be altered like a regular ledger due to cryptography and timestamped transactions on a peer to peer network. Blocks are constantly updated so everyone in the network can have the same copy.

TimtheYoutuber (OP)
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November 05, 2019, 06:49:44 PM
 #10

Blockchain system is a future technology that every company in the future cannot avoid, I am sure in the future every company will use Blokchain technology or they will be left behind, it's all just a matter of time.

I am not sure it is a good idea to say that blockchain technology will confidently be the technology that dominates all businesses. There are many aspects of a business that blockchain technology is certainly not useful for.

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November 05, 2019, 07:04:12 PM
 #11

Coca Cola is joining as well.  Okay I'm gonna drink to that.

Looks like I can already see the future of it all when the popular companies starting to join into the wagon. Though this may only involve blockchain, I still see it an acknowledgement to the use of BTC.

Blockchain system is a future technology that every company in the future cannot avoid, I am sure in the future every company will use Blokchain technology or they will be left behind, it's all just a matter of time.

I am not sure it is a good idea to say that blockchain technology will confidently be the technology that dominates all businesses. There are many aspects of a business that blockchain technology is certainly not useful for.

Blockchain is nothing but the best to make immutable records, accounting and storing data whichj is most likely businesses needs. What aspects?

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November 05, 2019, 07:08:13 PM
 #12

Read the full story: https://medium.com/@Forrestvisions/blockchain-technology-bottled-up-684935061270


It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?
The article compared to the title is a bit weird. I wouldn't describe blockchain technology being bottled up, in the last weeks it's become pretty obvious a lot of companies and government appreciate the technology and do think it'll lead to something. It's more so bitcoin that's been bottled up (mostly due to the decentralized factors which has lead to lackluster adoption).

A lot of companies in 2020 are going to dip their toes in blockchain technology, I'm ready for a blockchain revolution!

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November 05, 2019, 07:40:31 PM
 #13

In every revolution or endeavor, there is the need for a leader to spearhead the frontline. I guess the same principle is applied with cryptocurrencies. This is just the beginning of blockchain technology as a new revolution to change the world for the better. No matter how new innovations would penetrate, bitcoin would always be the leader of all cryptocurrencies.

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November 05, 2019, 08:08:03 PM
 #14

This is a great revolution for the blockchain tech, but the problem is that Bitcoin doesn't have smart contracts that companies can use as a payment processor. It's a great thing to see a football club accept Bitcoin and also include the logo on their jersey.
If more aviation or sport industry can look into blockchain tech, I think there will be more adoption.
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November 05, 2019, 08:24:56 PM
 #15

Read the full story: https://medium.com/@Forrestvisions/blockchain-technology-bottled-up-684935061270


It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?

Didn't read the article but if I may just chime here. Blockchain technology is truly revolutionary that's why many are taking advantage of it whether private or public sector or even countries like China and US are in the forefront of filing patents after patents because they know that this is the future.

Yes there are a lot of things going behind that wouldn't "affect" the price, however, majority is here to make money and you can't really blame them as bitcoin becomes one of the best speculative asset in the last 10 years.

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November 05, 2019, 08:32:12 PM
 #16

If we are talking about companies using and implementing blockchain technology in their company we are talking about their own versions of "blockchain technology" some of it are even patented so that others won't copy. So the growth you are expecting that the industry will have because they are exploiting blockchain technology in their company then think again. This will have no effect in the industry at all since it doesn't give any kind of benefit whatsoever on our side, it doesn't even promote the use of Bitcoin because of it. The technology of blockchain is really just a separate entity as well as Bitcoin. The crypto industry and their own blockchain is really alone without the government's support as well as companies directly taking advantage of it without them then mass adoption won't really happen. 
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November 05, 2019, 08:43:56 PM
Last edit: November 05, 2019, 09:41:10 PM by the rise
 #17

I have always had this strong feeling that the global adoption of blockchain technology would take place soon whiles its twin partner cryptocurrencies would take quite a long time. It's a great feeling to hear such a big company like Coca Cola stepping up on the front to adopt the blockchain technology. This would serve as a good exposure about the technology to other equally famous industries across the globe.
the thing that's useful for developing positive influence is quality, and this will silence many seasonal investors to think about sustainable things in reverse.
outline focuses on the revolution of the logistics system and some things related to data, other companies also definitely want an alternative step using the same thing from the blockchain, I see here various altcoin data-based projects can be invited to work together to perfect the system, so they don't see from business calculations first.

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November 05, 2019, 09:19:38 PM
 #18


Good for Coca Cola. It doesn't really help BTC or cryptocurrency but somehow it can add to the list of big companies starting to use blockchain. Its probably for the inventory of the bottles. If one day they allow us to buy coke with BTC, its gonna be great for adoption still and not like just using the blockchain like banks will. If they create their own coin, I think its also a better one than just adopting BTC.



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November 05, 2019, 10:43:18 PM
 #19

Read the full story: https://medium.com/@Forrestvisions/blockchain-technology-bottled-up-684935061270


It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?
The article compared to the title is a bit weird. I wouldn't describe blockchain technology being bottled up, in the last weeks it's become pretty obvious a lot of companies and government appreciate the technology and do think it'll lead to something. It's more so bitcoin that's been bottled up (mostly due to the decentralized factors which has lead to lackluster adoption).

A lot of companies in 2020 are going to dip their toes in blockchain technology, I'm ready for a blockchain revolution!
"bottled" up is wordplay. The company behind this is used in the bottling process of Coca Cola.

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November 05, 2019, 11:16:22 PM
 #20

If we are talking about companies using and implementing blockchain technology in their company we are talking about their own versions of "blockchain technology" some of it are even patented so that others won't copy. So the growth you are expecting that the industry will have because they are exploiting blockchain technology in their company then think again. This will have no effect in the industry at all since it doesn't give any kind of benefit whatsoever on our side, it doesn't even promote the use of Bitcoin because of it. The technology of blockchain is really just a separate entity as well as Bitcoin. The crypto industry and their own blockchain is really alone without the government's support as well as companies directly taking advantage of it without them then mass adoption won't really happen. 

Indeed, it has nothing to do with bitcoin development or adoption, blockchain adoption by a company isn't a piece of good news for bitcoin.
Even a country like China will implement bitcoin technology in various sector to boost economics, finance, education, employment, health care, infrastructure management, and public services, doesn't mean it's related to bitcoin and will make it prominent to the layman and brings more adopters to the community.
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