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Topic: Blockchain will help Economy. - page 3. (Read 2068 times)

member
Activity: 162
Merit: 10
November 13, 2018, 10:09:42 AM
Blockchain technology will play a significant role in many industries from accounting to logistics. I believe there are also more fields that have not been utilized just yet, but will be in the next couple of years.
member
Activity: 476
Merit: 17
November 13, 2018, 09:24:34 AM
The blockchain technology can eliminate the possibility for corruption, fraud and falsification of documents, references and other documentation. For example, in the food industry, the use of blockchain technology can help combat product falsification and non-compliance with shelf life, which will reduce the number of defective products on the market and increase the income of producers and sellers of legal products, and this will have a positive impact on the economy as a whole.
member
Activity: 392
Merit: 10
November 13, 2018, 06:17:04 AM
Blockchain technology is a disruptive technology that promotes technological change, organizational change and efficiency change throughout the economy!
The blockchain technology itself ensures that the up-link information is synchronized, not tamperable, and not easily lost, which has been able to solve too many problems for the real economy.
hero member
Activity: 1148
Merit: 504
November 13, 2018, 05:45:22 AM
it is true that blockchain is very useful, but the problem is anonymous transaction records, which provide an opportunity to disguise illegal transactions such as money laundering, terrorism and drug transactions. this is a dilemma for blockchain technology
many governments are reasoned like that, so they cannot legalize cryptocurrency. actually with blockchain system, it will provide many benefits that facilitate us to do something, but sometimes they don't want to lose their safe place
if managed properly? maybe possible? because in the blockchain all transactions will be visible and transparent, of course all transactions can be monitored directly, everyone must register their bitcoin address so that everything can be controlled by the government?
member
Activity: 1764
Merit: 10
November 13, 2018, 05:36:02 AM
The blockchain is developing new technologies and helping to find new opportunities in any area accessible to humanity and to seek new discoveries, so many countries understand this and legalize cryptocurrency with blockchain technologies and many others cryptocurrency technologies, so that they can improve their economies.
copper member
Activity: 238
Merit: 1
Semi-Decentralized Exchange
November 13, 2018, 05:20:32 AM
For me blockchain will help economy for transactions is transparent to everyone. It could prevent any corruption for any company or businesses.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 09, 2018, 02:56:16 AM
it is true that blockchain is very useful, but the problem is anonymous transaction records, which provide an opportunity to disguise illegal transactions such as money laundering, terrorism and drug transactions. this is a dilemma for blockchain technology
many governments are reasoned like that, so they cannot legalize cryptocurrency. actually with blockchain system, it will provide many benefits that facilitate us to do something, but sometimes they don't want to lose their safe place
newbie
Activity: 82
Merit: 0
November 09, 2018, 02:22:31 AM
I am sure that it will be so. Blockchain will simplify the work of the banking and insurance sector, will reduce costs.
The blockchain technology will revolutionize the existing system to be more efficient and safer, besides that it costs less. Other benefits of the blockchain are difficult to hack, and for corrupt officials it is difficult to carry out the action. Thus the ongoing economy can be more competitive and significant savings occur.
full member
Activity: 384
Merit: 100
September 16, 2018, 03:31:19 AM
it is true that blockchain is very useful, but the problem is anonymous transaction records, which provide an opportunity to disguise illegal transactions such as money laundering, terrorism and drug transactions. this is a dilemma for blockchain technology
newbie
Activity: 196
Merit: 0
September 16, 2018, 03:18:06 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.
Of course yes! Blockchain technology really is a big help to us and to our country's economy and even worldwide. Here a lot if people gain, the jobless and those whose job will only support the basic needs of the family.
newbie
Activity: 406
Merit: 0
September 16, 2018, 03:14:02 AM
To make blockchain will help the economy, should adopt it , use it like the peer to peer organising a payment without involving a third party. Blockchain should not be refer only as an speculative investment because it become a bubble and it really pop this time.
newbie
Activity: 317
Merit: 0
September 16, 2018, 03:07:02 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 think blockchain provides important things for the protection and trust of crytocurrency because it gives comfort to insert some bitcoin without knowing other people even though they can see some that we have and how many times we make transactions in my opinion this is still reasonable and very safe for me . how about yourself???
newbie
Activity: 34
Merit: 0
September 16, 2018, 02:41:36 AM
Bitcoin will restore the underdeveloped economy. For the reasons for applying Blockchain technology to the business, finance.
newbie
Activity: 28
Merit: 0
September 16, 2018, 01:19:39 AM
yes you are bitcoin and blockchain technology will help the world economic conditions and with bitcoin all transactions can be very safe so bitcoin can be one of the perfect solutions to overcome future economic problems. so have as much bitcoin as you can right now because I am sure that in the future bitcoin will be increasingly difficult to obtain.
Blockchain is a digital technology that is capable of recording and filtering all data on many interconnected servers so that it is very difficult to manipulate or steal without being discovered, because of the monitoring of many servers. The added value proven in bitcoin is the cost is cheaper, transactions are easier and safer. This technology can also be applied in many fields such as forestry, agriculture, trade, etc.
newbie
Activity: 70
Merit: 0
September 12, 2018, 03:00:10 AM
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.
full member
Activity: 378
Merit: 100
September 08, 2018, 01:26:53 AM
Now many of the countries are working for blockchain technology to improve it and start working for it it is helpful to the economy and it is the crypto world now that blockchain technology is handling the crypto transaction and the E business is expanding with this technology and through this those who are unemployed they work and get paid through crypto.
member
Activity: 462
Merit: 14
September 08, 2018, 01:17:16 AM
Yeah indeed it is really true that blockchain could really be the way that could help the economy through transparency by the use of blockchain. The government of south korea had already eyeing on this system to completely eradicate the corruption on their country since the s-korea are now one of the develop and well manage country.
full member
Activity: 812
Merit: 142
September 08, 2018, 01:06:17 AM
Actually Blockchain is on its initial stage lots of improvement is still needed, But we can't neglect the potential of blockchain because most of popular companies are working on modal which will be working on blockchain.
For example-- IBM, deloitte and startups like essentia, Mobu, wemark. It is obvious that blockchain will help economy in near future.
Blockchain is helping and assisting too many altcoin which is a indirectly helping the economy. I think that still Blockchain is in initial stage and hopeful that in future it will be more helpful for the economy.

It is helping millions of people as they have started taking keen interest and may be if govt comes forward we could have millions of job created in this space. It will directly help the economy as well and may solve many problems of the country which normal people face.
member
Activity: 279
Merit: 13
September 08, 2018, 01:01:23 AM
Yes, blockchain may help the economy because blockchain can give us some opportunity for earn money and get more profit.
and blockchain also can help individual for making life better and be come more easy.
newbie
Activity: 55
Merit: 0
September 07, 2018, 11:21:56 PM
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.
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