Blockchain technology can help Economy by means of regulations(taxes needed) to limits its capability to avoid the effect of competition to the government national/fiat currency. Taxes is needed in this emerging ICO's that provide the government funds rolling in its market.
Blockchain has been widely used to solve various transaction problems especially that require speed, and someday soon will become the standard that replaces the current system is too complicated and many problems.
Topic: Blockchain will help Economy. - page 8. (Read 2040 times)
Blockchain will go a long way to help change the economy for the better. There is going to be a very fast and secured transaction. Security on the part of every transaction being made help stabilize the economy to some extent.
Blockchain technology can help Economy by means of regulations(taxes needed) to limits its capability to avoid the effect of competition to the government national/fiat currency. Taxes is needed in this emerging ICO's that provide the government funds rolling in its market.
Blockchain has been widely used to solve various transaction problems especially that require speed, and someday soon will become the standard that replaces the current system is too complicated and many problems. 
True to an extent. We have to admit blockchains are awesome for tracking digital trade and stuff but honestly it is still fairly a very young system. Blockchains are even younger that Bitcoin and it still has holes and disadvantages that people in this forum has already pointed out. But ultimately yes, blockchains could help the economy if executed perfectly.
In the future, blockchain will hit the mainstream. Right now, a lot of companies are taking risk to invest on this technology and so far they are doing good on that. Government should adopt first this system so blockchain technology will help their economy grow. There's a big potential on this technology only if those big people support cryptocurrency and stop on saying negative thoughts about cryptos.
It must be admitted that blockchain is a good system for restoring slow server systems, I'm sure that with blockchain we can save the transaction system so it can be faster, and cheaper.
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.
What you are saying here has nothing to with the topic. I don’t see any way the explanation you have made can help change the economy. And by the way, Bitcoin can’t change any economy, it is we the people that decides whether we want to change our economy or let it remain bad. 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.
The only way to help our economy grow is through good governance. When the government are not doing what they are supposed to do, then there is no way the economy is getting good, it will remain the same.
Blockchain technology can help Economy by means of regulations(taxes needed) to limits its capability to avoid the effect of competition to the government national/fiat currency. Taxes is needed in this emerging ICO's that provide the government funds rolling in its market.
True to an extent. We have to admit blockchains are awesome for tracking digital trade and stuff but honestly it is still fairly a very young system. Blockchains are even younger that Bitcoin and it still has holes and disadvantages that people in this forum has already pointed out. But ultimately yes, blockchains could help the economy if executed perfectly.
Since the release of Blockchain it has benefited tremendously from the economic boom that has made the modern economy much more useful than we can see.
There's some disadvantages like it can disturbed the fiat, use anonymous,and the main part is people left using bank and move to block chain. Need to think the the positive things. 
All transaction in blockchain are 100% transparent. Transparency is very important for the economic growth. It speeds up the transaction speed and hence everything would be done very fast which as well plays a major role in the growth of the economy and It lowers transaction cost and also hence no place for commission taken by the brokers or middle agents.
The real turning point is the new concept of a distributed ledger. Blockchain has been the pioneer technology to disclose this new infrastructure, but now DAG appeared and other Technologies will appear in the future as well.
Of course these Technologies will nelp econly, just as any new financial infrastructure would.
Of course these Technologies will nelp econly, just as any new financial infrastructure would.
It all depends on the use of blockchain technology so that when the technology is used for the good, especially in the economic sector, at least possible blockchain also improve the economy because it can not be denied a system that works well because of the kesinjalanan between all things that are in one system. I personally feel the benefits of blockchain to improve the economy and I am grateful that blockchain is able to speed up transactions instantly without having to deal with parties that always complicate every transaction when using fiat money.
Hopefully we will see this implemented in near future. This could be really good for all economies in the world, but this will be mainly individual decision for all countries in the world. However if this sometimes comes to life we could expect to see maybe some new tokens or coins created on global level that can be used for this or that part of the world.
Now in many areas of blockchain technology will be used. So there is no doubt in it that will definitely help the economy so that blockchain will help the economy is right. It only happens if it is accepted as legal. For this reason many countries now accept cryptocurrency as legal in their country. Its popularity makes many people invest in this crypto. It will help not only economic growth, it will change the lifestyle of many people
Blockchain technologies will be really used everywhere. The people will soon understand that they will change the world for the better. I suppose it will happen in less than 4 years.
It all depends on the use of blockchain technology so that when the technology is used for the good, especially in the economic sector, at least possible blockchain also improve the economy because it can not be denied a system that works well because of the kesinjalanan between all things that are in one system. I personally feel the benefits of blockchain to improve the economy and I am grateful that blockchain is able to speed up transactions instantly without having to deal with parties that always complicate every transaction when using fiat money.
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.
That's exactly what is bitcoin to our life all transaction has been made that's because of our own processed through Block chain technology. All exchanges has made charges to pay for every transaction so that is also the way to help the economy to our government in legal process.
Blockchain technology also needs to be used in conjunction with cutting-edge technologies such as the Internet of Things, artificial intelligence, big data, and cloud computing to achieve maximum results.
The blockchain will promote the development of the real economy from three aspects: cost reduction, efficiency improvement, and creation of a credible environment.
The blockchain will promote the development of the real economy from three aspects: cost reduction, efficiency improvement, and creation of a credible environment.
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.
i often have thought what would happen if there was no possibility for banking system just to emit ( print) money whenever they see fit? How would our economy react? Would it be better of or it would be significantly different form now. I tend to think that we would see that wealth being divided among more lower class members.
Another thing is the intimidate potential of cryptos- the fast and cheap transactions over boarders.
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 can agree on that, if we would have wise and fresh people able to handle with bitcoins disadvantages and cover them, then we will face the advantages of Bitcoin entering positively into existing economy system.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 see Blockchain uplifting so many economies globally in future. This is because as times goes on and people gain more confidence in the technology, a lot of organisations will start using it and that will help to speed up their transactions and more efficiency.
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 can agree on that, if we would have wise and fresh people able to handle with bitcoins disadvantages and cover them, then we will face the advantages of Bitcoin entering positively into existing economy system. 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.
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