Topic: Blockchain will help Economy. - page 11. (Read 2040 times)
Looks like blockchain will facilitate humans in transacting in the future. If humans feel helped and feel eased then this will easily help the economy around him. Because of the ease and speed of transacting is necessary to help the economy of a country.
This blockchain that I appreciate and most admire is an integral part of the Transparency of the system, in which the work of an agent is seen or can be viewed and checked by any other agent in BlockChain's destination for Accuracy and Accountability for the same targeted results.
This is just what the Economy needs, when no funds can be sucked or changed for self-correction.
This is just what the Economy needs, when no funds can be sucked or changed for self-correction.
I think If you transact in significant amounts in Bitcoin, you need to convert to a stable currency like USD immediately to prevent the risk of losing the undue value of holding a volatile currency like BTC.
This "advantage" is so small over the current system and is much overshadowed by the fact that Bitcoin is an unreliable store, and does not represent safety for long-term value storage. No one will use an unreliable system to store value because it has a low utility or not. The "benefits" you describe disappear entirely in systems that do not offer the ability to store value. As a currency, Bitcoin has very limited utilities centered around niche applications that may be time sensitive and few.
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.
Blockchain is indeed something revolutionary, especially as a means of storing big volumes of data while keeping them transparent and secure.The thing is that blockchain can be integrated in almost every business (gaming, social networks, law, augmented reality, etc.), and this would be really beneficial both for the business itself and the users.
This is indeed a proof of the revolution of the rise of the digital age. While all individuals are starting to compete to develop eth-based token projects that are supported by the blockchain system to be one of success in this century
Yes bitcoin can help the economy of a certain country , it can improve everything, technology, lifestyle and even the lives of the individuals living that country.
and what becomes difficult is when we have to try to show the strength of crypto and blockchain bitcoin in helping the economic side of the country. so that this unbelieving country can participate in adopting btc
If many company and government using blockchain technology, i think its good for our economy. Company can save more cost and company can expand their bussiness. If many company expand their bussiness, it will creating more jobs and it will be good for world economy
Blockchain is a big help in economy. First of all security is guarantee. And we all know that Security and protection are very important for the economic growth. All the transaction are recorded so it will lessen fraudulent activities. And also transactions will speed up which is need in the growth of the economy.
It would prevent those people to commit fraudulent activities since the public is the auditor of the transactions in which if there are any small discrepancies then the concerned parties would be able to act accordingly and correct it. Since data cannot be altered then the system would be trustworthy and people would believe in the system and there would be cooperation which would be good for the economy.
Money can be tracked like in the government so corruption can be avoided and projects would be implemented properly because those who are stealing money cannot do it anymore which would be a big help for the improvement of the economy as the money would go to its rightful place and not just for those corrupt people in the public service.
Blockchain is a big help in economy. First of all security is guarantee. And we all know that Security and protection are very important for the economic growth. All the transaction are recorded so it will lessen fraudulent activities. And also transactions will speed up which is need in the growth of the economy.
The blockchain can be very big helpful in terms of the lives of every person as well as in the economy. As others say it's used in businesses, online payments and many more. Many countries still accepting blockchain because they know the important of this .
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.
Yeah blockchain will help economy, becuase it is a very good to earn from an individual, we can progress some good and nice future in our economy, blochchain is a way to make grow our economy, and the blockchain technology will reduce the operation cost of enterprises and increase their office efficiency, just saying
Blockchain technology absolutely can help economy. If many company and government applying blockchain on their service, it will reducing a lot cost and its more eficient. Beside that, the data will more safe and it creating transparant data
The blockchain is widely used in the fields of today's life such as medical services, academic education records, or calendars that require precision and security Blockchain will help Economy
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.
Digital processed for payment was being used before Bitcoin come up. It was very helpful to our economy because every transaction had taxable deduction in accordance with the law of each country. Regarding to blackchain which is crypto currency like Bitcoin is really big help to economy.
Agreed, for the record bitcoin is the new currency that should be develop and accepted by other countries , it should be better if bitcoin can contribute to the society itself, it can improve the economy by the use of technology it has, technological advancement is the bridge to the future, Im still hoping that bitcoin can be recognize by some countries in order for the world to have a brighter future.
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.
In my own opinion, if government will have their own mining hardware in order to use block chain to improve the economy then they will earn more funds more than asking people to pay taxes on necessary needs, and people will be also free from financial problems since added value taxes will be decreased or removed.
yeah agree with it, bitcoin can growth and help the economy but it still hard for it for being accepted by the people itself because there still any media that publish every neg side of it, every a good thing that have a two side of it, but we are the people must use it wisely anyway
Transactions on the Blockchain technology ensures secure, safe and low transaction fees. So this will allow the natives to interact freely with the outside world in terms of financial services. This will help them to generate income from foreign exchange. Moreover projects integrated on the Blockchain technology attracts a lot of investors worldwide and this could also generate income for the country.
I think that the blockchain technology will help a lot the economy in the future, because really, it's a great technology and can make a révolution in the digital world, as you said it's safe and secure and have a low transaction fee, with these characteristic it will really help a lot of projects in the financial term.
Technology blockade can radically change the entire global economic system. However, the disclosure of this potential requires compliance with a number of conditions. One of them is that the world's government will make concessions for crypto and will not interfere with the development of the market.
Transactions on the Blockchain technology ensures secure, safe and low transaction fees. So this will allow the natives to interact freely with the outside world in terms of financial services. This will help them to generate income from foreign exchange. Moreover projects integrated on the Blockchain technology attracts a lot of investors worldwide and this could also generate income for the country.
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.
Digital processed for payment was being used before Bitcoin come up. It was very helpful to our economy because every transaction had taxable deduction in accordance with the law of each country. Regarding to blackchain which is crypto currency like Bitcoin is really big help to economy.
I guess it's going to be a little hard for the public to accept, that's the problem for some people they prefer to be closed while the blockchain makes it transparent.
as well as for security in the long term I do not think anyone will want to keep the assets for too long, people will still choose safer, this makes the trust of some people can be lost, let's hope that better technology will emerge at least 10 years.
as well as for security in the long term I do not think anyone will want to keep the assets for too long, people will still choose safer, this makes the trust of some people can be lost, let's hope that better technology will emerge at least 10 years.
Blockchain technology is definitely innovative and can be the foundation where new security measures are created on. I think within the next few years we will see a lot more projects using blockchain technology, it's already happening actually, which ultimately will help the world economy. If you guys are looking for a new virtual currency marketplace, check out HBUS (www.hbus.com) it is launching July 6th and will offer its users the most secure platform, compliant with all regulations, and free trading days for the first thousands that register with them.
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