Topic: Block Chain Technology Usefulness?!!! - page 2. (Read 929 times)
There are different possible ways blockchain can be used in real life application specially in record keeping field. Blockchain provides secure and transparent way to store data in a decentralized form making it almost 24x7 available without downtime. This could be usefull and also being tested in banks ledger system, voting system, smart contracts etc. So yes block chain tech is like huge evolution in financial sector and have many possible usefullness specially in banking / recordkeeping field.
basically you can use the blockchain technology almost everywhere, but i guess that you are asking where it makes sense. i would suggest, that any place where you want to make sure that some data is permanently and irreversible recorded blockchain is a good way to do this.
if you want it public and decentralized (and this is imho the only way if you want it irreversible) you will have to make sure there is an incentive to participate. money works in most these cases. so even if you do not want the chain as a currency, it will become one as a good chain has value.
if you want it public and decentralized (and this is imho the only way if you want it irreversible) you will have to make sure there is an incentive to participate. money works in most these cases. so even if you do not want the chain as a currency, it will become one as a good chain has value.
Wow so many suggestions and ideas I can't begin to decide which ones to adopt and think about developing them. 
Lol. Innovating new uses of blockchain is a million dollar business and I believe I am not from that much technical backround to suggest one. But, I guess this link may help you to list out few for discussions... https://www.quora.com/What-are-non-Bitcoin-applications-of-blockchain-technology
Wow so many suggestions and ideas I can't begin to decide which ones to adopt and think about developing them.
Though at first I thought block chain and bitcoin are like "time and space" as they are two things but can't have any meaning if you separate them or one without the other can not exist.
But when you think about it block chain actually can be used for things other than currencies(alt/sh** coins ), only matter of time for people to come up with ideas like replacing the governments all over the globe and use it to have consensus for minor and major decisions of nations. 
Though at first I thought block chain and bitcoin are like "time and space" as they are two things but can't have any meaning if you separate them or one without the other can not exist.
But when you think about it block chain actually can be used for things other than currencies(alt/sh** coins
), only matter of time for people to come up with ideas like replacing the governments all over the globe and use it to have consensus for minor and major decisions of nations.
Block chain technology was first used as the platform for bitcoin?
Are we going to see it being used only by crypto currencies and nothing else?
Could you mention the different areas which in we could use this technology and benefit from it?
Are we going to see it being used only by crypto currencies and nothing else?
Could you mention the different areas which in we could use this technology and benefit from it?
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