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Topic: Blockchain will help Economy. - page 15. (Read 2040 times)

sr. member
Activity: 491
Merit: 250
June 12, 2018, 06:20:41 AM
#67
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.

Blockchain is a digital decentralized register that allows you to register transactions without intermediaries, such as banks.
It is possible to emphasize advantages: cost reduction and speed of calculation, decentralization and transparency.
All Blockchain data is widely available and complete, protected and secure.
But the main problem is that it takes a lot of time to implement the technologies on Blockchain, it can take several years, although the cost of technologies is estimated now. This is the risk, you can make a profit, and you can and losses.
Blockchain is a very great technology and has provided a safer investment opportunity and chance to the people who want to invest in crypto. It is one of the leading software platform for those assets which are digital. Blockchain has provided greater security to the crypto investors as well. It has also given an end to the scams that has looted so many new comers into the market.
copper member
Activity: 196
Merit: 0
June 11, 2018, 02:31:28 PM
#66
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.
Blockchain will play a massive role in our economy. So long as everything with an issue can be solved in some way with blockchain. Something like Fr8 Network will help solve the fundamental issue of brokers taking most of the revenue in supply chain logistics. They will remove the intermediaries and bring revenue back to carriers and distributors. Something like Muirfield IP, private equity on the blockchain, with a goal to reinvent and improve private equity investing through the use of blockchain technology.
jr. member
Activity: 45
Merit: 2
June 11, 2018, 01:57:17 PM
#65
Some bank In my country starting to use technologi blockchain
Because blockchain have a simple transaction and very fast when make  transaction
full member
Activity: 350
Merit: 100
June 11, 2018, 01:56:57 PM
#64
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.
Bitcoin will help the economy of every country that supporting bitcoin. Because bitcoin can lift the while country. Just trust bitcoin and study well about it cause it is so volatile now cause bitcoin has the cheapest price and technology, the world so I create the future of money cause. Cause I am aware of the future
legendary
Activity: 2366
Merit: 1206
June 11, 2018, 01:29:52 PM
#63
Actually, it is not a huge impact to the community but I think in the economic state there's a little contribution through blockchain.
Yes, they are right that blockchain is a kind of technology software system database that may help people make their lives easier by using this decentralized form of a blockchain that makes fastest transactions in the easiest way of sending digital money. Being transparency of bitcoin transactions history.
full member
Activity: 378
Merit: 103
June 11, 2018, 01:29:43 PM
#62
I really love the fact that blockchain technology will play a major role in our economy. Imagine what will this provide in terms of our business process. Corruption will be minimize in terms of the process. It will be cost effective as middleman will be remove, digital transaction will be faster and more efficient. It will create many opportunity. I strongly believe that this technology is for the masses and not only for the big companies.

that's true, and many are benefiting from this technology. and I think the less the level of corruption using this technology makes all the big companies will use it in the future.
legendary
Activity: 1876
Merit: 3132
June 11, 2018, 01:25:51 PM
#61
Bitcoin will help economy if and only if the government buys into the whole idea of "cryptocurrency" because bitcoin is already a threat to the government, that is why they put policies in place to try to stop it but then it has not been effective. And still the economy active poor will still not benefit from it.

Don't expect Bitcoin to change anything. The whole process is complex and can take place only if the community manages to spread the knowledge about cryptocurrencies and its benefits. Blockchain is not only about finances but also can be used in many different projects. It will take some time to develop this kind of applications. A few decades should be enough time. Our world is going to change vastly.
hero member
Activity: 2814
Merit: 518
June 11, 2018, 01:14:07 PM
#60
Blockchain technolohy will eliminate the need for centralized institutions such as the bank and government to simplify trade relations, turning the traditional financial and commercial model into something more interesting: a distributed, transparent, autonomous system for moving funds. Blockchain gives us the technological ability to create records of all human trading relations, currency exchange, all kinds of digital and physical assets in a completely new way.

Blackchain is non related to the economy of one country, it a software system serve as the  central  data base or recording on the digital treed of all the transaction on either buying or selling in the trading market. past,easy to use LINK for any transaction. i would say, it may facilitate the digital transaction on the treed but don have a great impact on the Economy of the Country.
Though we say doesn't have a huge impact to the community but it helping us to have a smooth transactions either in or out. As the community embrace these new system, they might find out that they could be more productive than of before which help to improve our economy but not in a certain way to consider that blockchain technology will solve our problem regarding's on poverty we have.
sr. member
Activity: 1918
Merit: 370
June 11, 2018, 11:29:17 AM
#59
Blockchain technolohy will eliminate the need for centralized institutions such as the bank and government to simplify trade relations, turning the traditional financial and commercial model into something more interesting: a distributed, transparent, autonomous system for moving funds. Blockchain gives us the technological ability to create records of all human trading relations, currency exchange, all kinds of digital and physical assets in a completely new way.

Blackchain is non related to the economy of one country, it a software system serve as the  central  data base or recording on the digital treed of all the transaction on either buying or selling in the trading market. past,easy to use LINK for any transaction. i would say, it may facilitate the digital transaction on the treed but don have a great impact on the Economy of the Country.
member
Activity: 770
Merit: 12
Trphy.io
June 11, 2018, 11:19:12 AM
#58
Yes, I think blockchain helps a lot so the economy of the world a lot. Many ideas, many ecosystems are born to help improve our lives as well as our economy. Blockchain can replace companies, factories, businesses. It offers many ideas and solutions to improve the environment. In addition, it creates jobs for millions of unemployed people with stable jobs

But still , the blockchain technology wont still be possible without bitcoin and other cryptocurrencies because these so called digital currencies are the real one that help the economy.

I dont think blockchain will be discover without them although cryptos are not also possible to work without the help of blockchain technology.

So overall both of them got the credits

What you wrote man!? Do you understand anything yourself, because I doubt that anyone else understands you. Both of you are crazy I can't believe what am I seeing.  Blockchain to create jobs for millions, and how's that possible? Other man thinks that blockchain needs to be discovered, really? I don't mind you because of your bad English, we are learning, but your comments doesn't have any logic, learn more, don't waste time here.

People, people, it's always about us. Blockchain, economy, money, crypto, cars, pencil, computer, are just randomly chosen tools that help people who use them in the right way. Don't fool yourself or others, blockchain is technology and its tool for us to use it, if we use it in a right way it will help, if not it will create more problems.
Funny how it seems, but actually he's right. Well we don't really mind, and honestly it seems that they didn't fully understand what blockchain really is, aside from that maybe they are just jumping out of nowhere when they heard this could provide you income or money without further knowledge what they've been jumping into. I know and i am hopeful that someday blockchain will be implemented and could help to utilize the economy and bring its best.
I think with ease will help improve the economy, we know blockchain is a technology that can answer it. with a fast process and with decentralized system it will greatly help the transfer process
newbie
Activity: 97
Merit: 0
June 11, 2018, 10:54:29 AM
#57
Bitcoin will help economy if and only if the government buys into the whole idea of "cryptocurrency" because bitcoin is already a threat to the government, that is why they put policies in place to try to stop it but then it has not been effective. And still the economy active poor will still not benefit from it.
member
Activity: 144
Merit: 10
Earn with impressio.io
June 11, 2018, 10:19:17 AM
#56
Yes, I think blockchain helps a lot so the economy of the world a lot. Many ideas, many ecosystems are born to help improve our lives as well as our economy. Blockchain can replace companies, factories, businesses. It offers many ideas and solutions to improve the environment. In addition, it creates jobs for millions of unemployed people with stable jobs

But still , the blockchain technology wont still be possible without bitcoin and other cryptocurrencies because these so called digital currencies are the real one that help the economy.

I dont think blockchain will be discover without them although cryptos are not also possible to work without the help of blockchain technology.

So overall both of them got the credits

What you wrote man!? Do you understand anything yourself, because I doubt that anyone else understands you. Both of you are crazy I can't believe what am I seeing.  Blockchain to create jobs for millions, and how's that possible? Other man thinks that blockchain needs to be discovered, really? I don't mind you because of your bad English, we are learning, but your comments doesn't have any logic, learn more, don't waste time here.

People, people, it's always about us. Blockchain, economy, money, crypto, cars, pencil, computer, are just randomly chosen tools that help people who use them in the right way. Don't fool yourself or others, blockchain is technology and its tool for us to use it, if we use it in a right way it will help, if not it will create more problems.
Funny how it seems, but actually he's right. Well we don't really mind, and honestly it seems that they didn't fully understand what blockchain really is, aside from that maybe they are just jumping out of nowhere when they heard this could provide you income or money without further knowledge what they've been jumping into. I know and i am hopeful that someday blockchain will be implemented and could help to utilize the economy and bring its best.
newbie
Activity: 140
Merit: 0
June 11, 2018, 09:45:58 AM
#55
The blockchain economy is a scenario and potential future environment in which cryptocurrency replaces current monetary systems, potentially on a global basis. This will help the  economy since it creates a new transparent economic environment and it shapes the rate and direction of innovation.
newbie
Activity: 79
Merit: 0
June 11, 2018, 09:30:54 AM
#54
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 agree that because the economic crypto technology will change slightly but I want to notice that it will change the scope of our finances in business and invest.
What a macro economy baout that I am sure that crypto technology will simply change it.
and we will see the crypto will dominate in the future.
jr. member
Activity: 262
Merit: 1
https://saturn.black
June 11, 2018, 09:08:52 AM
#53
blockchain technology is not just about bitcoin, but if talking about improving the economy I think bitcoin is the most appropriate answer.
member
Activity: 291
Merit: 10
June 11, 2018, 08:46:28 AM
#52
it is a good idea to update economic society in all word in very near future with good facilities for all players using it
sr. member
Activity: 602
Merit: 250
June 11, 2018, 08:19:22 AM
#51
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

The rise of digital currency is proof that everything has evolved. Specified by the revolution of blockchain is the success of cryptocurrencies in which initiated by Bitcoin and other successful digital currencies.
Technology by its nature is morally neutral, which means blockchain has the tremendous power to help our future Economy. Hopefully when the dust settles, this revolution leads to a less violent, more free, open world.
legendary
Activity: 3248
Merit: 1179
June 11, 2018, 08:03:50 AM
#50
Yes, I think blockchain helps a lot so the economy of the world a lot. Many ideas, many ecosystems are born to help improve our lives as well as our economy. Blockchain can replace companies, factories, businesses. It offers many ideas and solutions to improve the environment. In addition, it creates jobs for millions of unemployed people with stable jobs

But still , the blockchain technology wont still be possible without bitcoin and other cryptocurrencies because these so called digital currencies are the real one that help the economy.

I dont think blockchain will be discover without them although cryptos are not also possible to work without the help of blockchain technology.

So overall both of them got the credits

What you wrote man!? Do you understand anything yourself, because I doubt that anyone else understands you. Both of you are crazy I can't believe what am I seeing.  Blockchain to create jobs for millions, and how's that possible? Other man thinks that blockchain needs to be discovered, really? I don't mind you because of your bad English, we are learning, but your comments doesn't have any logic, learn more, don't waste time here.

People, people, it's always about us. Blockchain, economy, money, crypto, cars, pencil, computer, are just randomly chosen tools that help people who use them in the right way. Don't fool yourself or others, blockchain is technology and its tool for us to use it, if we use it in a right way it will help, if not it will create more problems.
full member
Activity: 756
Merit: 102
June 11, 2018, 07:41:39 AM
#49
Yes, I think blockchain helps a lot so the economy of the world a lot. Many ideas, many ecosystems are born to help improve our lives as well as our economy. Blockchain can replace companies, factories, businesses. It offers many ideas and solutions to improve the environment. In addition, it creates jobs for millions of unemployed people with stable jobs

But still , the blockchain technology wont still be possible without bitcoin and other cryptocurrencies because these so called digital currencies are the real one that help the economy.

I dont think blockchain will be discover without them although cryptos are not also possible to work without the help of blockchain technology.

So overall both of them got the credits
member
Activity: 350
Merit: 10
June 11, 2018, 07:33:08 AM
#48
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

The rise of digital currency is proof that everything has evolved. Specified by the revolution of blockchain is the success of cryptocurrencies in which initiated by Bitcoin and other successful digital currencies.
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