Topic: Blockchain benefits (Read 475 times)

Although I agree with you about many projects only focus on making money and completely forget about blockchain real benefits. There are still projects that care about blockchain and want to apply the blockchain features to daily life.

basically its the safest digital technology to store data about practically anything, before that we've had cloud technologies which weren't really reliable and/or stable, and there were basically papers even before.
we all should be thankful to blockchain creators since its great and helpful for most of us and for many big corporations (including govs)

Blockchain technology has replaced traditional bookkeeping technology with modern ones. So it's not about making money fast but due blockchain technology the transaction service becomes more reliable. As of now, many businesses have started adopting blockchain in their business for greater management.

blockchain is not about making money fast. i think, the blockchain was created to change the traditional economic system to be more modern, not to make money quickly.

indeed for some people are lucky they can get money there. but not as fast as you mean, it takes quite a lot of time to make money.

Blockchain has nothing related to let people get quick money or free money. It's not considered to be any sort of benefits we can obtain from blockchain technology.
The debat lunches because the first who got understood the tech and manupilate it for their own benefits are those who run ICOs based mainly on an imaginary utility token and a bounty campaign to promote it. Those who are invited to join the bounty campaign are those who directly thought about the benefit of the blockchain only because they thought it helps them earn free money, and those are the same who lunche topics like this one .

Most people got attracted to blockchain technology mainly because of the money involved.
You cannot tell a hungry man about other benefits of blockchain technology without heeling his belly first if you tell him how he can make money through it, then other benefits can be easily disseminated.
The benefits of blockchain technology might not be well recognized now, but with time, we will all get to know and understand better.

What we really needed is for people to see blockchain as the future like what you said. The technology is massive and this can be a major solution to existing enterprises. Unlocking business transactions is something that they could benefit from blockchain technology. More business today is not being done due to high cost, and a lack of trust in counterparties, a solution to that is an ID mechanism and smart contract functionality.

well I think there are still many benefits that can be obtained when developing blockchain-based technology because this technology is very sophisticated until now it can create a digital currency that is very useful for many people.

Blockchain is specialized to change the traditional economic system that has already used for hundreds of years. The blockchain is not about making money but when it's about the security that issued on the blockchain and it can be used as speculation too.

Do you mean by creating a project by blockchain technology? Or only as of the participant of the project? well, I think you need to specify what kind of involvement for us that blockchain allows us to make money. it is probably true that Blockchain technology opens a wider range of sectors to earn money. for, it can give us a chance to:

1. As developer and team
collecting funds by creating such legit and worthy blockchain projects, of course, with great progress and development, team, community, and also products, the project will continue to the future, having more value, and also rising more funds to earn. However, if the project is likely a shit project, it will die soon.

2. As employer/employee
of course, it also opens job vacancies. every blockchain technology will require some parts to be handled by certain people. It opens the job vacancies to work with the project developer. we can be part of the community manager, marketing, project development, and other stakeholders that are involved in the projects. And if it is legit, we can really earn a good income from it.

3. As promoting sectors (bounty and other promotion campaigns)
It is the easiest way to earn money in the blockchain sector by being a bounty hunter, airdrop hunter, and also other campaigns to join, referral, beta test promotion, and many others.

4. Earning money from trading or investing
if it is related tot he crypto world, I think that trading, scalping, investing, and some kinds of earning money based on crypto become great ways. of course, it may not be easy, but at least, it has proven to many people in the worldwide that they are significant and effective ways to earn money in the blockchain technology era.

However, as you said, blockchain is not only for earning money, it is the future.
that's right.
But, what kind of future do you mean? Can you give me such a point?

Personally, it may be seen from the common and specific views.
For the future of Blockchain, I personally agree and interested in the content of these following sources:
https://www.investopedia.com/tech/forget-bitcoin-blockchain-future/
and here
https://www.aithority.com/guest-authors/blockchain-technology-in-the-future-7-predictions-for-2020/

They are probably predictions, but they make sense and based on the situation and condition in the world.

We are already in the future, we are already moving to blockchain technology 2.0. I don't know how you relate blockchain to making money because there's none. I thought you are reading about it, but it seems that you don't grasp the true meaning of this technology. On the contrary, blockchain technology is not for everyone, majority of people thinks that it will solve everyone's problem, it's not.

Blockchain is a technology and not every one that's making quick buck on it. I think you're describing the bounties as blockchain and that's why you have described it as a quick buck place. No, it's not. Blockchain adoption and application made by companies, it goes through a process and development and it's not that easy.

We are the same on this, I agree. There's a lot of companies that can enjoy using blockchain.

I understand it is a priority for many to make quick money through blockchain, but we need to understand that there is more to blockchain than just make quick money now. Blockchain technology looks promising and it has a lot of daily benefits. The more i read about blockchain technology, the more i fall in love with the technology. I found it pleasing to share this with you https://www.blockchain-council.org/blockchain/how-blockchain-can-benefit-you-in-your-daily-life/. For every one that cares to listen, blockchain technology is the future, blockchain technology is not just about making money now, it is about building the future now.