Has Blockchain Technology revolution is successful or not?

[cahbagus555]

Since the introduction of the cryptocurrency (Bitcoin and Alts) and its revolutionary Technology called Blockchain, way back the year 2008 until now, what was the development they are contributed to our society and how the blockchain technology helping our current industries and services? is the Blockchain Technology revolution is successful or not? Is there any alternative drop in your opinion below!

Blockchain technology offers transparent ledgers and also good security. I think this is a technology that can be used for various business purposes because banks have studied and some have used blockchain technology. I think blockchain is a technological revolution because with transparent ledgers, people believe that there are no duplicates in transactions

[Utoy101]

From where i stand, blockchain has not seen the expected mainstream adoption yet and as that, it's distruption is not yet successful. A lot of experts have associated this to the downtrends and volatility of the cryptocurrency which is the major underlying application of blockchain as a lot of people who had little knowledge about the two concepts do see it as thesame and as a virtual currency for taking off profits. Recent Warren Buffet's interview about blockchain stating that he doesn't own a cryptocurrency and never will as they don't offer any real products validates my point.

For blockchain's disruption to be successful, the entire community has to be more focused on other real-life solution the giant tech can offers the world other than the digital currency seen as an investment option. We need project that will be more focus on implementing blockchains potentials into sectors such as agriculture, E-commerce, Education, real estate, law and legal system,  healthcare,  to mention few without even creating a token.  Thay way the outside world will see the technology other than the way it is currently being perceived.

[SaidNurs]

His name is a technology in this digital ere, I thought it would progress and succeed. Technology every second will continue to advance and develop to launch the newest system. A new technology will certainly help and simplify work quickly.

[coinfinger]

Since the introduction of the cryptocurrency (Bitcoin and Alts) and its revolutionary Technology called Blockchain, way back the year 2008 until now, what was the development they are contributed to our society and how the blockchain technology helping our current industries and services? is the Blockchain Technology revolution is successful or not? Is there any alternative drop in your opinion below!

If you ask me I would say that they have done a lot and have also opened the road for a new development. As time goes on I know for sure that people will start reinventing the idea of Blockchain and trying to create something that is way more better and well advanced, because technology never stay at a point, as time goes on new ideas keeps coming out and the old things are renewed.

Just like with computers, there first generation, second, third, etc. So, that’s how it will keep going with this. I don’t really know how it’s going to be with Bitcoin, but I’m guessing the developers will keep improving it in different ways if possible.

[Wildwest]

We can see the current blockchain technology plays a role in the cryptocurrency world and I think the revolution is going very well, and the service is very helpful to the community of course the adoption is very fast in comparison to others and also A lot of privacy coin that has developed with the presence of blockchain technology, then we hope that the future of this technology will be more developed.

[Bitbtc8]

Comparing the past life of digital currency to the present state the achievement is marginal, merely watching the crypto charts since the beginning shows that more interest has been diverted to the technology, after several bans in many countries it was lifted at last, after all the hates from Banks they are now joining the train

[beerlover]

Yeah, everyone just focuses on the improvements on the financial side of the things when talking about blockchain and what type of things changed as well and so forth but when you look at other stuff you would realize that in reality blockchain actually provided a lot more than just finance, there are tens of sectors who have now started working with blockchain to improve what they have into blockchain to make a difference.

So, if we are talking about revolution in finance maybe not THAT much changed but when you consider all other stuff that blockchain changed you will realize that it actually revolutionized too many things in life and can be considered successful.

[qazgroup]

New or innovative technologies do take time for global acceptance and adoption and i will say that uptill now blockchain technology has been successful and with time it will dominate most of the sectors, even governments and big institutes are looking to make use of blockchain tech to improve on their performance and making governance more transparent and efficient.

[MikeyVeez]

It is a revolutionary technology, but many people think that we can use blockchain technology for everything and it seems that it doesn´t make any sense to put everything on the blockchain, at least for now.

[bgaf]

We can see the current blockchain technology plays a role in the cryptocurrency world and I think the revolution is going very well, and the service is very helpful to the community of course the adoption is very fast in comparison to others and also A lot of privacy coin that has developed with the presence of blockchain technology, then we hope that the future of this technology will be more developed.

Privacy coins are also blockchain tech but their objective is to retain the decentralized aspect of blockchain. Having said that, we can see how the cryptocurrency progress as many users become more affiliated and interested investing with it. Many countries started to draft some regulations for the cryptocurrency regulations and probably will do good advancement on its legalization anf application blend in on our society.

[DeathProxy]

To some extent it can be said that the birth and development  of Blokchain technologyhas brought light and innovation and has improved the Digital business in each side including exchange administrations and different needs. we can see that since Blokchain Technology was introduced, the selection of crypto expanded, most organizations began to be intrigued and even built up their own coins through this great  innovative technology. blokchain has given numerous advantages to its clients, I think this innovation is a mechanical unrest for what's to come, with time blockchain technology will be used in every sector and will be applied in day to day activities

[Metall303]

It is a revolutionary technology, but many people think that we can use blockchain technology for everything and it seems that it doesn´t make any sense to put everything on the blockchain, at least for now.

Of course, it makes no sense to do this. many industries simply do not need to implement blockchain there. that is why many new projects fail because they think that creating a blockchain and introducing cryptocurrency can help their industry with something, but they do not do analysis.

[pakhitheboss]

It is a brilliant innovation and it has already started disrupting many sectors. Especially the banking and finance sectors. They are now going through a major change. Some of them have already started implementing Blockchain technology and trying to adapt to it.

[gaston castano]

Blockchain technology has contributed to the real world, even though most of it is now only used for trading and a place for profit.
and only realized a little more in the real world.
but in the future it will be used more and more transparent in the real world.

[Latines]

Blockchain is finding its application in the world more and more. Moreover, it is not always accompanied by cryptocurrency. After all, the main message of cryptocurrency was precisely to implement the blockchain. What they successfully coped with. I hope that everything will develop further. And countries will not impede progress for their own interests.

[XCANA]

The evidence is very much clear from the side of improvement on the side of some government who has imbibed the technology in building their country personal data. Some have integrated this technology into their company reputation and has been transparent that before, contesy with the help of Blockchain.

Many other companies have also initiated a move to integrate into the company  profile Blockchain technology because they have seen many positive results derived from it usage.

[zhagedus]

If you say is succesfull or not i think its success but not yet successfull, its needed more adoption in real case and real use, this revolution on financial technology need more time and effort not only hype and bubble on cryptocurrency.

You're correct, the reasons why global adoption has not taken place is the fear of hype and bubbles which has been in display on the side of cryptocurrency. This has scared many other  potentials projects from integrating their projects into the technology, although many are yet to accept the facts that this technology is transparency driving and can give more accurate profile to its bearers. In my judgement, this technology is a success in transit, let's wait for global explosion.

[TheClownSong]

Since the introduction of the cryptocurrency (Bitcoin and Alts) and its revolutionary Technology called Blockchain, way back the year 2008 until now, what was the development they are contributed to our society and how the blockchain technology helping our current industries and services? is the Blockchain Technology revolution is successful or not? Is there any alternative drop in your opinion below!

In my opinion, it still takes a long time for existing businesses to adapt and use blockchain technology. For business, I think Ethereum or similar projects can be a bridge for companies to achieve goals in streamlining costs.

[CHENIEN]

blockchain technology has seen a trivial boost in popularity all over the recent year and saw billions in funding for initial coin offerings(ICO) im very much proudly with the brilliant idea regarding increasingly sale and the tech establishment members had determined on an idea and now were brainstorming on how to added that idea and guide it to fruition in the real world.

[KimmyF]

Since the introduction of the cryptocurrency (Bitcoin and Alts) and its revolutionary Technology called Blockchain, way back the year 2008 until now, what was the development they are contributed to our society and how the blockchain technology helping our current industries and services? is the Blockchain Technology revolution is successful or not? Is there any alternative drop in your opinion below!

When other's way you have to cost huge money with third person, blockchain technology is helping you to make transaction low cost without third person. Your privacy always is always protect in blockchain technology. For payment methods blockchain technology is more useful to us. Thanks to blockchain technology to give us our privacy.