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Topic: Blockchain will help Economy. - page 13. (Read 2055 times)

full member
Activity: 206
Merit: 100
June 18, 2018, 10:15:12 AM
I suppose that without many young and wise people among guys in government we cannot experience the benefits of bitcoin fully, so the regulations are needed indeed.
jr. member
Activity: 173
Merit: 1
June 18, 2018, 07:53:35 AM
Blockchain has provided people to enhance their security system, despite may companies being against Bitcoin they still believe that Blockchain can be taken into their daily usage. Many banks and companies have already started to implement Blockchain technology to provide a stronger foundation to the company and prevent any corruption in the system. This technology is no longer confined to crypto only and has expanded its branches in various sectors.
newbie
Activity: 56
Merit: 0
June 18, 2018, 07:35:51 AM
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.
legendary
Activity: 1638
Merit: 1001
June 18, 2018, 05:36:51 AM
Are you sure that Japan uses cryptocurrencies to improve the economy? Perhaps additional income from cryptocurrencies can increase the demand for goods and this has a positive impact on the economy. But the basis for the functioning of the economy was and will be Fiat. The crypto-currency market is very small in order to be able to talk about its impact on the economy of any country.

If some country have a troubled economy than any crypto implementation to it will make conditions even more complicated. Cryptocurrencies are made for the next web, not for economy improvement
newbie
Activity: 88
Merit: 0
June 18, 2018, 05:29:54 AM
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.


Yes, I agree. Because the economic crypto technology will change a bit but I want to notice that it will change the scope of finance. Crypto technology is also useful for businesses. That's in my opinion.
newbie
Activity: 70
Merit: 0
June 16, 2018, 07:10:57 AM
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
And I prefer this one fact over everything. The leaking of corruption for our politicians. They would be stopped anonymously because they couldn’t be doing any sort of dishonesty with us. We can’t just see them cutting money off in their own accounts and thieving the population money illegally. This one thing hired in the way of legalizing, that is why those politicians aren’t legalizing this bitcoin.
Cryptocurrency is backed by blockchain technology and the future is that of cryptocurrency. Many people are now millionaires due to bitcoin investment.

So I think that when people earn money from bitcoin they will not demand anything from government and they will contribute big share in the economy because of having big money. Circulation of money reduces economic problems in the country.
I think this is hard of an issue. There might be changes in the future, and nothing is predictable(maybr few of them) but mostly in terms of economy and thanks with the help of the government, they don't want to be the one losing either, it is like they don't wnat to lower their pride over money, that is how greedy they are as what i can see.
full member
Activity: 364
Merit: 106
June 16, 2018, 06:37:55 AM
Are you sure that Japan uses cryptocurrencies to improve the economy? Perhaps additional income from cryptocurrencies can increase the demand for goods and this has a positive impact on the economy. But the basis for the functioning of the economy was and will be Fiat. The crypto-currency market is very small in order to be able to talk about its impact on the economy of any country.
sr. member
Activity: 779
Merit: 250
June 16, 2018, 06:22:31 AM
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.

I will give you a merit on this matter. Blockchain and its benefits to life are undeniable. With blockchain technology, we can apply a series of problems in practice. But for now, the purpose of its application is not really true.
Thanks
Yeah the use of blockchain technology will improve the world economy because more and more people will put their money in cryptocurrency and the use of it will increase with the help of blockchain technology. World is turning towards digital currency and blockchain is the only one who promotes and back cryptocurrency. People trust this technology and in the future the users will increase in number.

Japan today is using cryptocurrency in order to improve their own economy and that is an enough answer that cryptocurrency can be used for the improvement of the countries economy, if other government will have the same idea just like japan then there is no doubt that every people can have a very wealthy life.
newbie
Activity: 101
Merit: 0
June 16, 2018, 06:19:44 AM
#99
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.

In my opinion, This is indeed a proof of the revolution of the digital age. While all individuals started competing to develop eth-based token projects supported by the blockchain system became one of the successes of this century.
This is the future technology that will be needed in the future. Lets see.
hero member
Activity: 980
Merit: 506
June 16, 2018, 06:08:55 AM
#98
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
And I prefer this one fact over everything. The leaking of corruption for our politicians. They would be stopped anonymously because they couldn’t be doing any sort of dishonesty with us. We can’t just see them cutting money off in their own accounts and thieving the population money illegally. This one thing hired in the way of legalizing, that is why those politicians aren’t legalizing this bitcoin.
Cryptocurrency is backed by blockchain technology and the future is that of cryptocurrency. Many people are now millionaires due to bitcoin investment.

So I think that when people earn money from bitcoin they will not demand anything from government and they will contribute big share in the economy because of having big money. Circulation of money reduces economic problems in the country.
full member
Activity: 504
Merit: 106
June 14, 2018, 05:25:12 AM
#97
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.

I will give you a merit on this matter. Blockchain and its benefits to life are undeniable. With blockchain technology, we can apply a series of problems in practice. But for now, the purpose of its application is not really true.
Thanks
Yeah the use of blockchain technology will improve the world economy because more and more people will put their money in cryptocurrency and the use of it will increase with the help of blockchain technology. World is turning towards digital currency and blockchain is the only one who promotes and back cryptocurrency. People trust this technology and in the future the users will increase in number.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
June 14, 2018, 12:16:28 AM
#96
blockhaind technology has many interesting features that of course will be able to facilitate every investor who will do investment activities. and of course this will be the main attraction for investors and with the many investors who will join in blockhaind technology and of course this will change in terms of the economy for the better.
blockchain can indeed help the economy if it is really used for it, even further lessons can make people become more independent. only, it's all in the limit by the government. whether it has a big enough loss for the country or not, as I know, the current conditions do not allow for that.
full member
Activity: 443
Merit: 110
June 14, 2018, 12:11:22 AM
#95
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 is not all of the government officials are corrupt, there are also few of them that are not. well it also makes them all of them because they are using their power to make such decisions most importantly in economy. The blockchain system can help the economy in several ways including faster peer to peer transactions among the companies, but because of being decentralized it is hard to implement the usage of it and we know that most governments are against.
sr. member
Activity: 672
Merit: 253
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June 14, 2018, 12:10:56 AM
#94
blockhaind technology has many interesting features that of course will be able to facilitate every investor who will do investment activities. and of course this will be the main attraction for investors and with the many investors who will join in blockhaind technology and of course this will change in terms of the economy for the better.
newbie
Activity: 139
Merit: 0
June 13, 2018, 11:46:49 PM
#93
Yes, You may find that, through campaigns advertised on this forum. Many effective and practical utilities built under the blockchain platform are bringing convenience, convenience and safety. Data, information is guaranteed. It is a great incentive for the blockchain industry to integrate into the world and develop the economy and society.
full member
Activity: 574
Merit: 100
June 13, 2018, 11:30:15 PM
#92
yes you are right blockchain will help the economic circulation because blockchain can be like big data that can accommodate all existing transactions and can store anything that need to be stored in blockchain. with such to save with this system becomes open anyone can see it and can become more transparent.
newbie
Activity: 228
Merit: 0
June 13, 2018, 10:26:06 PM
#91
With the advent of bitcoin with blockchain technology that is said to be the result of security and clean. This is driving the blockchain industry and its rapid development in recent years. Continuous information blocks use code technology to link and secure, thus effectively preventing data modification. This feature becomes critical in helping to manage macroeconomic models. It is applied in many areas ranging from services, education, production, consumption, transportation ... I think that blockchain is a very necessary trend for the development of the economy. For that reason, Blockchain will be the future of the new age.
newbie
Activity: 140
Merit: 0
June 13, 2018, 09:54:05 PM
#90
Since the introduction of blockchain technology has brought us a lot of benefits as well as many applications have to say it is the cryptocurrency market thanks to this technology that the transaction becomes more excellent and safer than ever. over
newbie
Activity: 72
Merit: 0
June 13, 2018, 09:17:16 PM
#89
Blockchain has created technological capabilities in a new way. Used to record human exchanges, currency exchanges, various digital and physical assets, even our own personal attributes. In some ways, they become a technological institution, with many of the benefits of the traditional institutions that we are used to using in our society, but they do so in a decentralized way. It converts a lot of uncertainty into certainty.
newbie
Activity: 112
Merit: 0
June 13, 2018, 09:11:06 PM
#88
Since its inception, blockchain has contributed a lot to economic development, this technology has supported the digital currency trading, and it can also be applied in areas such as healthcare, or education...
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