Help in this context is pretty restrictive. Block chain will affect the economy but not entirely helpwise.
Tech firms will enjoy and possibly create jobs for a number of people.
But with the advancement in robotics on the back of block chain, a lot more jobs can be lost than created.
Topic: Blockchain will help Economy. - page 10. (Read 2057 times)
This is still a young industry that is why people have not yet discovered all the potentials of the cryptocurrency environment. This industry has the ability to provide jobs for many people and help solve worldwide unemployment problem.The governments should ask for more education about the way it will help them to solve some of the problems of their citizens.
Actually bitcoin is working in our social economy right now and it becomes more popular everyday because of so many users getting interested on what opportunity does bitcoin have and as what you have said yes it can solve worldwide unemployment problems which government can`t actually provide all the needs in our economy. 
Yes block chain technology is good for the economy to become faster in a good way and many big investors have invested in crypto which also enable people for work and due to this many people will get employed.
This is still a young industry that is why people have not yet discovered all the potentials of the cryptocurrency environment. This industry has the ability to provide jobs for many people and help solve worldwide unemployment problem.The governments should ask for more education about the way it will help them to solve some of the problems of their citizens.
Yes. The blockchain technology will help many businesses.
Like manufacturing companies can integrate the blockchain tecoin their supply chains for improved productivity.
Like manufacturing companies can integrate the blockchain tecoin their supply chains for improved productivity.
Now in many areas of blockchain technology will be used. So there is no doubt in it that will definitely help the economy so that blockchain will help the economy is right. It only happens if it is accepted as legal. For this reason many countries now accept cryptocurrency as legal in their country. Its popularity makes many people invest in this crypto. It will help not only economic growth, it will change the lifestyle of many people
Blockchain was imagined as an approach to guarantee the dependability of the digital currency Bitcoin. It is a genuinely basic idea, an advanced record that record all exchanges that happen inside its framework, much like any firm or individual monitors their funds. The distinction is that the record is freely accessible to all individuals in the framework, making it difficult to adjust records without being recognized. This implies individuals can assume that money related records are totally exact without relying on a reliable outsider like a bank, a legislature or an application to affirm it.
This has expansive ramifications crosswise over numerous businesses. Not exclusively will it cut expenses and enhance proficiency by evacuating outsiders, it additionally considers far more noteworthy adaptability by giving exchanges which are an unchangeable reality, which can encourage the sharing of accounts. For instance, blockchain can enable companions to share protection, or neighbors to have a similar vitality contract and guarantee that everybody pays for precisely what they utilize.
This has expansive ramifications crosswise over numerous businesses. Not exclusively will it cut expenses and enhance proficiency by evacuating outsiders, it additionally considers far more noteworthy adaptability by giving exchanges which are an unchangeable reality, which can encourage the sharing of accounts. For instance, blockchain can enable companions to share protection, or neighbors to have a similar vitality contract and guarantee that everybody pays for precisely what they utilize.
Indeed blockchain is amazing and extraordinary thing that could revolutionize world economy, could do transactions and satisfy each others economic needs ,the future not something to be predicted but it something to be achieved.
I believe in your idea that using blockchain to facilitate economic improvement or helping the economy is correct. Though the blockchain is working in the background it had been serving until now so many people with their fortunes. Many have become rich wth bitcoin and it was not possible without the blockchain working to keep records. Blockchain serves as the central economic record for all of that which is connected to it and maybe could be a good source of information of the entire economic progress.
It is indeed a good help for the economy if blockchain will be implemented to the countries who are struggling right now because blockchain technology will help them to improve the mode of technology that they are using to create their products which will make their system a bit advanced compare to the other companies which is a huge step up for improving their own system.
In financial industry, blockchain would be a big help to transfer money as fast as possible without the risk of double spending. This has been a problem with the banks because there are times when there are double charging because they weren't able to track the transaction properly but in blockchain it would not happen. If money is transferred faster, projects would be implemented faster and the economy in general would boom because the flow of money is faster.
Blockchein technology will greatly help both the economy and other sectors of our life. Recently there was information that in Russia the military became interested in blockchein technologies and declare that with its help hacking will be defeated. This will greatly change our work on the Internet for the better. Blockchein technology will greatly help where you need to safely store and use large databases of various information. The field of its application is unlimited.
Yes I admit blockchain technology can help everyone both in terms of economy and work. but still many crimes that use blockchain technology to deceive and harm everyone. this is necessary as a record of technological developments.
The blockchain technologies will help the world economy but not so sufficiently as you think because blockchain technologies are mostly applicable in IT but real economy is not just IT and high tech. Moreover as you can see the blockchain technologies does not used so widely and there are a lot of reasons why it happens because not everybody want to have the honest world by political reasons.
Blockchain technology is very usefull to keep data transaction safe. Its almost unhackable. Beside that, applying blockchain technology on economy sector can save a lot cost because its very transparant
It is indeed a good help for the economy if blockchain will be implemented to the countries who are struggling right now because blockchain technology will help them to improve the mode of technology that they are using to create their products which will make their system a bit advanced compare to the other companies which is a huge step up for improving their own system.
Nowadays the corruption is rampant everywhere, the government becoming more and more confident of doing their evil practices while the least are suffering as an effect of this uncontrollable corruption. If blockchain will operate legally in every country the record of every transaction of the government will become easily monitor because everyone would have an access to see the history in the blockchain. This will become effective for every country under the power of democracy.
Absoultly right, There are corrupt leaders that don't want to grow economy and also governments are against this blockchaib system because they don't want to see people in financial freedom.Thats why society is divided into haves and haves not solution.
Blockchain technology can help companies reduce management costs and financial costs!
Blockchain technology establishes an enterprise credit system, and solves the problems of “funding difficulties, expensive financing, and slow financing” for small and medium-sized enterprises that operate with integrity.
Blockchain technology establishes an enterprise credit system, and solves the problems of “funding difficulties, expensive financing, and slow financing” for small and medium-sized enterprises that operate with integrity.
Nowadays the corruption is rampant everywhere, the government becoming more and more confident of doing their evil practices while the least are suffering as an effect of this uncontrollable corruption. If blockchain will operate legally in every country the record of every transaction of the government will become easily monitor because everyone would have an access to see the history in the blockchain. This will become effective for every country under the power of democracy.
Absoultly right, There are corrupt leaders that don't want to grow economy and also governments are against this blockchaib system because they don't want to see people in financial freedom.Thats why society is divided into haves and haves not solution. I will go for that we will use it in future. Maybe not us, but our kids maybe more likely will be used by our grand kids. I dont think its safe for countries to use it yet. Maybe its my opinion, but think they are trying first to understand and then to test with some custom coin created by them and then go open for public. When all 3 part are done and ok then some country will use it.
Nowadays the corruption is rampant everywhere, the government becoming more and more confident of doing their evil practices while the least are suffering as an effect of this uncontrollable corruption. If blockchain will operate legally in every country the record of every transaction of the government will become easily monitor because everyone would have an access to see the history in the blockchain. This will become effective for every country under the power of democracy.
Absoultly right, There are corrupt leaders that don't want to grow economy and also governments are against this blockchaib system because they don't want to see people in financial freedom.Thats why society is divided into haves and haves not solution.
It surely does, blockchain will save a lot of time, effort and money to businesses. Just imagine if people and business institution start using the blockchain technology, they can save a lot of time and money. They can send funds easily, monitor their funds and transfer assets without hassle and further delay unlike transactions through banks.
The blockchain technologies will help the world economy but not so sufficiently as you think because blockchain technologies are mostly applicable in IT but real economy is not just IT and high tech. Moreover as you can see the blockchain technologies does not used so widely and there are a lot of reasons why it happens because not everybody want to have the honest world by political reasons.
If you take a look at some blockchain related concepts, ideas and projects you will realize that the world is about to have a massive economical positive turn around if blockchain is given the chance to spread more.
Jump to: