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Author Topic: A very positive sign: 39% of companies now have blockchain in production  (Read 627 times)
CryptopreneurBrainboss
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June 20, 2020, 09:02:33 AM
 #21

It doesn't also translate to the adoption of cryptocurrency or bitcoin in be specific. The blockchain technology has evolved to the extent that it can be adoption without adopting bitcoin I cryptocurrency in general like what most early enthusiast thought. Ethereum has made it even very possible for the technology to be easily implemented in most field of life like the transport sector, Power sector etc.

Even before this report you speak off, it was clearly obvious that most big tech companies are developing something as from time to time we saw news of big tech companies carrying out research related to the technology or appointing previous workers of a blockchain project in their company. It's just a matter of time before the technology goes viral as all companies begin to accept/adopt it which will indirectly create awareness for rge cryptocurrencies.

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wozzek23
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June 21, 2020, 07:11:17 PM
 #22

You do know that they are producing their own Blockchain and it has nothing to do with the current Blockchain or cryptocurrency as we know it right? So, there is no way that it’s going to have any kind of impact here, what most of these companies are doing is just business and they are not supporting cryptocurrency, they are just creating their own Blockchain that they might be marketing to people who needs it.

So, I don’t see anything to be excited about in this. The only thing we should be talking is more people adopting Bitcoin and investing in it, that’s when it is going to make sense. Even bitcoin runs on blockchain, the mass adoption of blockhain technology may not give any big impacts to bitcoin adopters. So, I wish similar to adoption rate of blockchain, bitcoin adoption as well must have in more rapid manner Wink.
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June 21, 2020, 07:18:30 PM
 #23

This is good and shows the potency of blockchain technology however, blockchain is not limited to the scope of Cryptocurrency as it cuts across many fields of profession.
Cryptocurrency is just another use of block-chain technology and it can be utilised in so many ways beyond our imagination. In University certificates, degrees, in companies, banks, post offices, art museums, just name a business and there will be a way to integrate block-chain into it. So the block-chain is pioneering the future of the world economy and with the bright minds and ideas block-chain integration can reach to more people worldwide.

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Emitdama
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June 26, 2020, 08:04:29 PM
Last edit: June 27, 2020, 05:37:44 AM by Emitdama
 #24

This doesn’t really make the price of cryptocurrencies to grow, though it does have its own effects as it will be creating more awareness on Blockchain, as there are big chances that people will ask questions or research about Blockchain that they would get to also know about Bitcoin, so that’s a plus. It will be creating awareness for both Blockchain and Bitcoin. When people see Bitcoin they might be interested in it and if they happen to invest money, that’s more growth.

the block-chain is pioneering the future of the world economy and with the bright minds and ideas block-chain integration can reach to more people worldwide.
It is proven that blockchain technology is accelerating business growth through innovative improvements on traditional business practices. We can expect adoption of blokchain technology slowly will lead to massive adoption of bitcoin in all business related sectors first and then its dependent sectors.

Currently top layer companies are into blockchain adoption but only for less than 10% business operations that may be due to blockchain integration has not been innovated in all end to end business process yet. When entire business process to be integrated along with blockchain technology we can expect big growth everywhere.
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