Are Companies Ready for a Decentralized Future? - page 2.

hiddenmist

member

Activity: 199

Merit: 10

Quote from: coinocean03 on June 07, 2018, 07:44:56 AM

Survey results presented by Deloitte during the recent Consensus event show that corporations are changing momentum and opting to explore the possibility of blockchain to build practical business applications. According to the survey, 74% of large firms see a compelling business case for this dynamic technology.

The survey was conducted between March and April of this year in seven countries including France, Canada, China and the US. Find out what the survey had to say!

Read the article here : https://coinfrenzy.io/are-companies-ready-for-a-decentralized-future/

I think they are not yet ready but even if they don't, they need to adopt it if they want to be ahead in the competition. Those companies needs blockcchain technology to be efficient on their transaction.

Patatas

legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

Quote from: FrueGreads on June 08, 2018, 09:57:29 AM

Well those look like good news but I didn't like that part where around 44% of the inquiries actually considered that the blockhain technology is over hyped. Of course that doesn't necessarily mean that there is a bubble, or that the prices will collapse eventually, once people actually start using it, but it probably means that a lot of projects out there wont have a bright future because they should already be overpriced.

By the time blockchain technology has real world applications,maybe it will be replaced by a better technology? Modern day tech evolves faster than anything else and there are already projects like HashGraph which solve blockchain's problems.This is aspect should also be considered.Not that blockchain would die so soon but it's future is not very bright in terms of real world applications.

Quote from: FrueGreads on June 08, 2018, 09:57:29 AM

There is definitely some use case, and that's good. People are also starting to understand that the technology has a future, so lets wait and see how everything develops.

Yes there is a paradigm shift but yet to hit to the actual use cases.

deep4u

sr. member

Activity: 630

Merit: 250

Decentralized and blockchain are future of Internet companies and it has good future of growth and will create many opportunities for people in near future.

FrueGreads

legendary

Activity: 1582

Merit: 1059

Well those look like good news but I didn't like that part where around 44% of the inquiries actually considered that the blockhain technology is over hyped. Of course that doesn't necessarily mean that there is a bubble, or that the prices will collapse eventually, once people actually start using it, but it probably means that a lot of projects out there wont have a bright future because they should already be overpriced.

There is definitely some use case, and that's good. People are also starting to understand that the technology has a future, so lets wait and see how everything develops.

elemosho.crypto

newbie

Activity: 112

Merit: 0

This is really a nice article to read and I think not so many companies are ready to accept the decentralized circumstances. But this is true that so many big companies are working to adopt the technology. They are gathering all the relevant information for a database from where all will be shared or decentralized. By implementing this it will be a great start for any giant companies. They will be able to reduce bureaucracy and make their all operation transparent to the world.

Lagduf

sr. member

Activity: 1162

Merit: 260

Quote from: coinocean03 on June 07, 2018, 07:44:56 AM

Survey results presented by Deloitte during the recent Consensus event show that corporations are changing momentum and opting to explore the possibility of blockchain to build practical business applications. According to the survey, 74% of large firms see a compelling business case for this dynamic technology.

The survey was conducted between March and April of this year in seven countries including France, Canada, China and the US. Find out what the survey had to say!

Read the article here : https://coinfrenzy.io/are-companies-ready-for-a-decentralized-future/

I'm sure about medium-low tier companies are ready for the decentralized future. But for high tier companies and then there is a lot of news about that. The majority of big companies in US were starting to develop the decentralized system through use the blockchain technology.

senin

full member

Activity: 938

Merit: 137

Adopting blockchein technology does not mean a transition to decentralization. States and business structures are interested in blockchein technology primarily because this technology allows for storing large databases on the Internet with a very high level of security.

SONG GEET

hero member

Activity: 700

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

Companies and banks are actually interested in decentralized blockchain tech to just decentralize their server not like making it transparent or anonymous like bitcoin. So what they are talking about is implementing blockchain tech to make secure and stable database.

Noobaru

jr. member

Activity: 504

Merit: 3

Currently, I think most of the companies are only exploring the idea of transforming into crypto, but at least they are doing that. Some will change their ways, some will not. But it will be interesting to see in the future, who will be the winners. Those who will stick with fiat or those with crypto... I hope the latter ones. Cheesy

Shova

member

Activity: 286

Merit: 11

They are scared of a decentralized future. The rulers have always used their power to live at the expense of their people.
They are among the wealthiest as they levy a tax from people for sparing their lives or so they think.
Decentralization would weaken their power so hence they'll try their best to resist it.

Samkol26

member

Activity: 532

Merit: 10

Bountyhive.io

with blockchain finding its way into every business, i thing everything will run on the decentralized network very soon. so its very possible for companies to be decentralized later

patykuprova

member

Activity: 364

Merit: 10

Creative & digital marketing agency

Quote from: coinocean03 on June 07, 2018, 07:44:56 AM

Survey results presented by Deloitte during the recent Consensus event show that corporations are changing momentum and opting to explore the possibility of blockchain to build practical business applications. According to the survey, 74% of large firms see a compelling business case for this dynamic technology.

The survey was conducted between March and April of this year in seven countries including France, Canada, China and the US. Find out what the survey had to say!

Read the article here : https://coinfrenzy.io/are-companies-ready-for-a-decentralized-future/

Hi guys, I think that now almost company is not ready for applying the blockchain technology in to their production and business activities! I predict that They need from 5 years to 10 years to fully apply the blockchain technolygy!

taiwww

sr. member

Activity: 588

Merit: 257

Blockchain is obviously out of the box technology and I think blockchain technology will be used more and more after few years but not now. The reason is simple, adoption of the blockchain takes time, companies know that they can sue it but government could be a disturbing part here as they wont allow it to use so simply. They have to follow the rules and regulations as well as keep up the reputed relations with them. They cant just go against of everything and thus make it happen the way they want. Its true that everything is open source here but that doesnt mean they can get everything on board just like that.

Hopeman1

member

Activity: 154

Merit: 10

Open and Transparent Science Powered By Blockchain

Blockchain does not mean decentralization, so the blockchain studied by these large enterprises may be centralized, just like XRP.
So in my opinion, decentralization is not necessary.

toygama

member

Activity: 280

Merit: 10

Change the only constant thing expected to happen in this world, they must be ready for it decentralized system is now already practiced by some of the people which is experienced the way of its transactions.

ghost07

sr. member

Activity: 602

Merit: 255

`they are already doing this like amazon samsung alibaba they are already decentralized i think. soon more coin will be decentralized because they see those big companies applied cryptocurrency to use as payment and other form.

coinocean03

newbie

Activity: 23

Merit: 0

Survey results presented by Deloitte during the recent Consensus event show that corporations are changing momentum and opting to explore the possibility of blockchain to build practical business applications. According to the survey, 74% of large firms see a compelling business case for this dynamic technology.

The survey was conducted between March and April of this year in seven countries including France, Canada, China and the US. Find out what the survey had to say!

Read the article here : https://coinfrenzy.io/are-companies-ready-for-a-decentralized-future/

Topic: Are Companies Ready for a Decentralized Future? - page 2. (Read 292 times)