Blockchain Technology "bottled" up | Bitcointalksearch.org

TimtheYoutuber

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Quote from: drachman on November 16, 2019, 11:44:48 PM

Quote from: TimtheYoutuber on November 15, 2019, 09:35:03 AM

Quote from: yulionoo on November 12, 2019, 11:26:45 PM

I think this is good news Coca Cola company uses the blockchain. most companies do not yet accept bitcoin as a means of payment but they will always accept the blockchain as a new breakthrough in technology. and I am optimistic that with the increasing number of large companies using blockchain it will encourage the adoption of blockchain and this will also encourage them to also accept or use bitcoin as a means of payment. there have been many large companies that accept bitcoin as a means of payment such as starbukcs, burger king, and others.

Most companies that accept Bitcoin use a processor that auto sells it for fiat. Which is not hurtful to the market, but it doesnt bring real utility to it.

I understand why a big company may need to do something like this but if a small business accepts bitcoin then why not take the risk and keep holding it, I know businesses have expenses and bills to pay but unless all their sales are on bitcoin and they need fiat then they could hold some of it, after all if they already took the risk to accept bitcoin in exchange for their services they might as well take the risk of holding bitcoin as well since it is a risk that could pay dividends in the future.

They are accepting bitcoin through a processor, so they are not risking accepting it. They are just taking an accounting headache.

drachman

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Quote from: TimtheYoutuber on November 15, 2019, 09:35:03 AM

Quote from: yulionoo on November 12, 2019, 11:26:45 PM

I think this is good news Coca Cola company uses the blockchain. most companies do not yet accept bitcoin as a means of payment but they will always accept the blockchain as a new breakthrough in technology. and I am optimistic that with the increasing number of large companies using blockchain it will encourage the adoption of blockchain and this will also encourage them to also accept or use bitcoin as a means of payment. there have been many large companies that accept bitcoin as a means of payment such as starbukcs, burger king, and others.

Most companies that accept Bitcoin use a processor that auto sells it for fiat. Which is not hurtful to the market, but it doesnt bring real utility to it.

I understand why a big company may need to do something like this but if a small business accepts bitcoin then why not take the risk and keep holding it, I know businesses have expenses and bills to pay but unless all their sales are on bitcoin and they need fiat then they could hold some of it, after all if they already took the risk to accept bitcoin in exchange for their services they might as well take the risk of holding bitcoin as well since it is a risk that could pay dividends in the future.

TimtheYoutuber

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Quote from: yulionoo on November 12, 2019, 11:26:45 PM

I think this is good news Coca Cola company uses the blockchain. most companies do not yet accept bitcoin as a means of payment but they will always accept the blockchain as a new breakthrough in technology. and I am optimistic that with the increasing number of large companies using blockchain it will encourage the adoption of blockchain and this will also encourage them to also accept or use bitcoin as a means of payment. there have been many large companies that accept bitcoin as a means of payment such as starbukcs, burger king, and others.

Most companies that accept Bitcoin use a processor that auto sells it for fiat. Which is not hurtful to the market, but it doesnt bring real utility to it.

paskah01

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Quote from: Nolimitz84 on November 08, 2019, 05:47:24 PM

Quote from: TimtheYoutuber on November 05, 2019, 10:42:12 AM

Read the full story: https://www.forrestvisions.com/blog/blog-post-blockchain-technology-bottled-up

It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?

Blockchain technology itself may not be directly related to cryptocurrencies.Absolutely everyone is talking about this technology.With its help, you can really solve a lot of problems that have accumulated.In this context,, benefit,, is secondary.

True. But blockchain is so much more than just about financial aspect. There are so many advantages blockchain technology can handle like climate change, ethical fashion, etc. If you're interested to know more about how does it works, https://blockchainzoo.com/ have made a very cool and informative content including videos, article, and infographics to explain what can blockchain change and how does it works on https://blogchainzoo.com/ . If you're interested to join the forum and participate inside to discsusion, click on the link https://zoobc.org/

paskah01

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Quote from: TimtheYoutuber on November 05, 2019, 10:42:12 AM

Read the full story: https://www.forrestvisions.com/blog/blog-post-blockchain-technology-bottled-up

It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?

Yes, absolutely. Blockchain is the future, there are so many good opportunities inside the technology. Not just on economic aspect, there are so many more advantage in it. Here is a link that will address you to the issues blockchain can handle. There are cool contents and very good articles, videos, also infographics to expand your insights about this amazing technology. Give it a look, thank me later Wink

https://blogchainzoo.com/

yulionoo

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I think this is good news Coca Cola company uses the blockchain. most companies do not yet accept bitcoin as a means of payment but they will always accept the blockchain as a new breakthrough in technology. and I am optimistic that with the increasing number of large companies using blockchain it will encourage the adoption of blockchain and this will also encourage them to also accept or use bitcoin as a means of payment. there have been many large companies that accept bitcoin as a means of payment such as starbukcs, burger king, and others.

drachman

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Quote from: dothebeats on November 05, 2019, 12:05:36 PM

If it brings about innovation and other things that will help the spread of bitcoin even further then I’m fine with it, even if it does not directly meddle with bitcoin and/or associated with it in any way. I have learned to accept that everything that sprouts in the cryptocurrency scene is not directly partaking in bitcoin but is somewhat helping it in some way and that’s okay. We have new techs rising, new techniques being used and new practices being developed to aid us that the exclusivity for bitcoin projects that maximalists claim tend to fall out of place in no time.

I do not know, even if a technology that was superior to bitcoin was developed if it was not open source and their creators tried to destroy bitcoin then I will keep supporting bitcoin, besides there have been many attempts to apply the blockchain to many other industries and it seems that satoshi created the perfect application and implementation for the blockchain from the beginning, but if someone can do a better job and he makes his project open source then I will not oppose it.

TimtheYoutuber

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Quote from: Nolimitz84 on November 10, 2019, 03:54:16 PM

Quote from: qiman on November 09, 2019, 06:14:28 PM

I think it is great that Blockchain can be applied to so many different things and can enhance the capabilities of any business. We need to see more of this and as it becomes more apparent, many people will see the real value of the Blockchain and not only look at Bitcoin as an instrument of speculation and instant wealth. It is bringing a lot more to the table than what we could have ever imagined. I think people in the future will appreciate what Bitcoin and the Blockchain are doing to generate a brighter future for Everyone.

Everyone writes about the pros, but let's also talk about the minuses. If the blockchain technology starts to be implemented everywhere, there will be a lot of people without work, so before you spread the power of the blockchain, you need to take care of the smooth transition of all industries to this technology.

I agree that everyone wants to talk about the positives and over hypes the market. However, I don't think it will be bad for the working economy. As new industries are created, new job standards are created. People may lose their jobs in old industries but can earn new jobs by getting more skills like coding experience etc. You should always look to improve yourself and learn a new skill.

Oceat

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Quote from: Nolimitz84 on November 10, 2019, 03:54:16 PM

Quote from: qiman on November 09, 2019, 06:14:28 PM

I think it is great that Blockchain can be applied to so many different things and can enhance the capabilities of any business. We need to see more of this and as it becomes more apparent, many people will see the real value of the Blockchain and not only look at Bitcoin as an instrument of speculation and instant wealth. It is bringing a lot more to the table than what we could have ever imagined. I think people in the future will appreciate what Bitcoin and the Blockchain are doing to generate a brighter future for Everyone.

Everyone writes about the pros, but let's also talk about the minuses. If the blockchain technology starts to be implemented everywhere, there will be a lot of people without work, so before you spread the power of the blockchain, you need to take care of the smooth transition of all industries to this technology.

What's the connection of people having no job and the blockchain technology itself? Blockchain is just an online ledger that records everything between two parties. I don't see your point here, why don't you just accept the fact that blockchain is an innovative technology to most businesses.

Nolimitz84

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Quote from: qiman on November 09, 2019, 06:14:28 PM

I think it is great that Blockchain can be applied to so many different things and can enhance the capabilities of any business. We need to see more of this and as it becomes more apparent, many people will see the real value of the Blockchain and not only look at Bitcoin as an instrument of speculation and instant wealth. It is bringing a lot more to the table than what we could have ever imagined. I think people in the future will appreciate what Bitcoin and the Blockchain are doing to generate a brighter future for Everyone.

Everyone writes about the pros, but let's also talk about the minuses. If the blockchain technology starts to be implemented everywhere, there will be a lot of people without work, so before you spread the power of the blockchain, you need to take care of the smooth transition of all industries to this technology.

qiman

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I think it is great that Blockchain can be applied to so many different things and can enhance the capabilities of any business. We need to see more of this and as it becomes more apparent, many people will see the real value of the Blockchain and not only look at Bitcoin as an instrument of speculation and instant wealth. It is bringing a lot more to the table than what we could have ever imagined. I think people in the future will appreciate what Bitcoin and the Blockchain are doing to generate a brighter future for Everyone.

drumamat

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Quote from: Nolimitz84 on November 09, 2019, 04:49:42 PM

Quote from: Asmonist on November 09, 2019, 10:09:36 AM

We are in a fast-changing world and technology as well. Blockchain technology really making known in the financial industries now. To respond to every client's needs every industry needs a fast-paced technology. It always evolve everyday and this should be accepted to improve there processes, cost-saving, timely delivery and customer satisfaction.

I like the prospects for the development of technology and I really hope that it will be used in medicine, statistics,and many other sectors.Also, this technology is already used by many brands to confirm the quality mark.Before the advent of this technology, this was simply unrealistic.

That's why many countries and companies are considering the widespread use of this technology.As you remember, recently the President of China spoke positively about this technology and said that it should be implemented in the entire public sector.This is undoubtedly a loud statement that positively affected the price increase of Chinese altcoins in General, and bitcoin in particular.

Nolimitz84

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Quote from: Asmonist on November 09, 2019, 10:09:36 AM

We are in a fast-changing world and technology as well. Blockchain technology really making known in the financial industries now. To respond to every client's needs every industry needs a fast-paced technology. It always evolve everyday and this should be accepted to improve there processes, cost-saving, timely delivery and customer satisfaction.

I like the prospects for the development of technology and I really hope that it will be used in medicine, statistics,and many other sectors.Also, this technology is already used by many brands to confirm the quality mark.Before the advent of this technology, this was simply unrealistic.

Asmonist

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We are in a fast-changing world and technology as well. Blockchain technology really making known in the financial industries now. To respond to every client's needs every industry needs a fast-paced technology. It always evolve everyday and this should be accepted to improve there processes, cost-saving, timely delivery and customer satisfaction.

Yamifoud

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Quote from: TimtheYoutuber on November 05, 2019, 10:42:12 AM

Read the full story: https://www.forrestvisions.com/blog/blog-post-blockchain-technology-bottled-up

It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?

What it gives interest to the people is to see this technology more helpful and it helps individuals productivity.
Blockchain technology serves a big role in the current generation. This has already existed before but Bitcoin brings this technology into its popularity where we are able to use this nowadays. What makes this thing great is that we are able to move or funds easily without the needs of banks and even save more time and fees.

Nolimitz84

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Quote from: TimtheYoutuber on November 05, 2019, 10:42:12 AM

Read the full story: https://www.forrestvisions.com/blog/blog-post-blockchain-technology-bottled-up

It is always good news to hear that companies are exploring the possibilities that blockchain technology can bring. Even if they are not using Bitcoin, it is still helping the community. I think some people are oftentimes looking into their own self-interest and thinking about the "profits" which is why Bitcoin is always the front of the conversation. However, some other good things are happening in the cryptocurrency space that doesn't offer an immediate investment. Thoughts?

Blockchain technology itself may not be directly related to cryptocurrencies.Absolutely everyone is talking about this technology.With its help, you can really solve a lot of problems that have accumulated.In this context,, benefit,, is secondary.

tbterryboy

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Quote from: MURONDI on November 05, 2019, 12:43:01 PM

Blockchain system is a future technology that every company in the future cannot avoid, I am sure in the future every company will use Blokchain technology or they will be left behind, it's all just a matter of time.

It is not only companies that will run blockchain technology, even the government will also run blockchian technology directly too because they are beginning to also see the benefit of in it. Although they never had issue with blockchain technology, the issue that they are having is with cryptocurrency which unfortunately too, they can’t do without and that is the reason we may see that companies and government are all working on having their on cryptocurrency which signifies that they are all embracing blockchain technology.

This is why it is important that we stay by the project that we have committed our money on for investment because when this blockchain era starts, that is when we will really get the benefit of all our investment in these projects.

Memminger

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Quote from: Eternad on November 08, 2019, 02:13:05 PM

Quote from: vintages on November 06, 2019, 05:08:07 PM

You are kinda right OP.
When the issue of Blockchain technology is been discussed, many people channel that discussion towards Bitcoin forgetting that they are two different thing.
Another vivid truth is that, many are not ready to try out new things with the blockchain technology but only ready to make us of the product or technology out of it, a good example is Bitcoin.

Some are not aware that blockchain can be used without cryptocurrencies, it will act as a technology that many can use in cases which it can help achieve better efficiency and transparency in their works like coca cola did or even in governments can do, which do not have anything to do with cryptocurrencies just only for simplifying their work. Having cryptocurrencies however can be add in terms if they want to tokenized that certain move they wanted to use as payment.

That’s interesting in a sense that it breaks the idea of thinking that blockchain always talks about cryptocurrencies but the reality is that the blockchain technology is a massive ledger of the transactions made hence we can apply this principle outside of cryptocurrency. On top of that, you can modify it to suit the goals and objectives that the company has.

Eternad

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Quote from: vintages on November 06, 2019, 05:08:07 PM

You are kinda right OP.
When the issue of Blockchain technology is been discussed, many people channel that discussion towards Bitcoin forgetting that they are two different thing.
Another vivid truth is that, many are not ready to try out new things with the blockchain technology but only ready to make us of the product or technology out of it, a good example is Bitcoin.

Some are not aware that blockchain can be used without cryptocurrencies, it will act as a technology that many can use in cases which it can help achieve better efficiency and transparency in their works like coca cola did or even in governments can do, which do not have anything to do with cryptocurrencies just only for simplifying their work. Having cryptocurrencies however can be add in terms if they want to tokenized that certain move they wanted to use as payment.

Wintersoldier

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I believe China's involvement in utilizing blockchain technology is growing very fast over time. One thing that I could admire when they use the blockchain technology is their combination of blockchain and information services systems. here

Through this, we can conclude that blockchain is not only suitable for cryptocurrency applications but also to secure the information in growing systems.

Topic: Blockchain Technology "bottled" up (Read 495 times)