Blockchain will help Economy. - page 4.

Bezobraznike

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Quote from: 1NV3ST0NM3 on August 28, 2018, 09:23:49 AM

Quote from: waqasniaz007 on June 09, 2018, 03:16:54 PM

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, blockchain is definitely very helpful. The transparency and security provided by it can improve the working of many sectors. Banks spends huge amount on settlement and clearing purposes which can be saved with the help of blockchain technology. It can also make smart contracts more secure. Further it has many applications in the field of artificial intelligence, healthcare, supply care management, insurance, etc.

Blockchain is already helping with many things. Faster and safer transactions, it can be public or anonymous, depends
from you. When we know that inflation with Bitcoin isn`t possible it helps.
In future when Blockchain become more adopted it will help more. It`s good that we finally have something that can help
global economy. Fair distribution is what we need, Blockchain can help us to publicly keep track of everything that`s happen
with tax money, with investments of public interest.

1NV3ST0NM3

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Quote from: waqasniaz007 on June 09, 2018, 03:16:54 PM

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, blockchain is definitely very helpful. The transparency and security provided by it can improve the working of many sectors. Banks spends huge amount on settlement and clearing purposes which can be saved with the help of blockchain technology. It can also make smart contracts more secure. Further it has many applications in the field of artificial intelligence, healthcare, supply care management, insurance, etc.

BartS

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Quote from: ricardobs on August 13, 2018, 05:16:22 AM

How exactly is Bitcoin going to help the economy of any country, this is one thing I still don’t understand when people bring up this topic. If Bitcoin is going to help any country’s economy, it can only just make little impacts and nothing much.

If we want our economy to be good then we have the hard work to do and not just invest in Bitcoin and believing that it is going to change our economy and make it better, that’s no good point at all.

The biggest help that bitcoin is going to bring to the economy is the usage of money with a hard limit and with a rate of inflation known in advance, if bitcoin really becomes adopted the economy of that country or even the world will get very strong, this is why the gold standard was so successful the investors knew the exchange rates of every single currency of the world which allowed them to foresee the cost in any part of the world, something impossible to do now, and bitcoin has an even greater advantage since its quantity is limited while we do not know how much gold is still in the surface of the earth especially in the deep ocean.

Dofotonomo

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Bitcoin can help every individual by making life easier and better, and if government will provide wise and affordable taxes on earnings, it will help economy also.

TYPEcoin

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Quote from: waqasniaz007 on June 09, 2018, 03:16:54 PM

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.

If we will have wise enough people to manage blockchain and integrated properly into a small business and whatever else area, I'm thinking that in that case we will have a beautiful effect on economy Zone by blockchain.

Stragomagus

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Blockchain technology can become an unprecedented Web-based seamless economy layer, serving as a technological buffer for payments, decentralized exchange transactions, requests, and transfers. digital asset allocation, release, and implementation of smart contracts.

ricardobs

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Quote from: waqasniaz007 on June 09, 2018, 03:16:54 PM

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.

How exactly is Bitcoin going to help the economy of any country, this is one thing I still don’t understand when people bring up this topic. If Bitcoin is going to help any country’s economy, it can only just make little impacts and nothing much.

If we want our economy to be good then we have the hard work to do and not just invest in Bitcoin and believing that it is going to change our economy and make it better, that’s no good point at all.

Ganbound

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Quote from: jatin729 on August 08, 2018, 12:03:49 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.

Mikado_

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Blockchain is very good to restore trust, since it's not possible to alter the information, if the ledger is distributed with a blockchain implementation.

Since the economy is lacking trust, blockchain will help the economy.

Dread Pirate Roberts

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The blockchain system is a modern digital transaction system that must be implemented in real transactions as well. making transparency that can be checked by all people must be fair and open. and maybe what is still a problem is the security of the value. there is no guarantee that assets will always be safe even if regulated by the government.

alval

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this fact has crosswise in many people that relate to the existence of blockchain with economy
sure, it will help economy going faster, as we know the fact the economy grow significantly that cause of the easiness, efficiency and practical factor within the ecosystem.
more practical and efficient, the economy will be born and all its activity will conducted easily.
blockchain contain those factor and genuinely provide those factor. it offers the easiness, breakthrough and exact answer according to the current issues in economy challange.
transparency and consensus value are tightly pinned in blockchain surely can boost the growth of the economy.

virendarnagpal

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The blockchain is an undeniably very important and useful invention – by very much intelligent person or group of persons.
It was originally designed for crypto especially for bitcoin but now it is being used by other tech communities too. The main feature of this technology is that it can though be distributed but it can not be copied.
It is very much helpful in economic development.

BartS

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Quote from: andika2018 on August 07, 2018, 08:29:39 PM

Blockchain is powerfull tool to create tranparancy and saving a lot cost. If government implementing blockchain on government service, I am believe it will more fast than before and government can save many money and government can used it and allocated to poor peoples. If company using blockchain for their bussiness purpose, they can expand their bussiness and making a good growth for their share holder

The blockchain is a double edged sword it can help governments but it can also damage them, they could find a good use for the blockchain if they own it but if it is independent from them as most of them will be then we could do many of the things that governments do and do it in a more efficient manner, that is why they hate the blockchain since it makes them redundant, so they cannot accept it despite the fact that it is more efficient than them.

Lexurdania

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Quote from: waqasniaz007 on June 09, 2018, 03:16:54 PM

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 different from bitcoin. Blockchain is technology and bitcoin using it. It is true that bitcoin can help economy because with blockchain, transparancy will created and for company it can save a lot cost. Government can use blockchain technology and create transparant system, it will cut many bureaucracy on government system

Assface16678

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Quote from: waqasniaz007 on June 09, 2018, 03:16:54 PM

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.

Indeed. As a matter of fact there are more people who lives in dungeons rather than those who experience living in a castle amd with this it only proves that more people needed something to improve there way of living. And that is what cryptocurrency is doing, helping masses to have a better life.

zubrr51

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I am sure that it will be so. Blockchain will simplify the work of the banking and insurance sector, will reduce costs.

vokokawev658

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Blockchain technology will open a potential application trend in many areas such as banking and finance, retail, transportation, manufacturing, telecommunications ... The application of Blockchain to life will benefit real benefits for the community and the whole society.

frigmatic12

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blockchain may help the economy only if transparency works out well with blockchain unlike others, which could not make clarities perfect in their ways....

MeganJenkins1212

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Blockchain Helps Create A Smart Economy And Boosts Business Performance. The blockchain is growing and surpassing the limits of a currency to solve global trading problems.

Caitsith

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Billions of dollars have been and will be, invested by the world in Blockchain. Even the most successful people in the world are going to learn about this technology, how they work in re-creating the organization and the industry. The potential strength of Blockchain is driving businesses to innovate their current business models, discover new limits, and bring new opportunities to socialize.

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