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Topic: Blockchain will help Economy. - page 9. (Read 2068 times)

jr. member
Activity: 90
Merit: 1
July 17, 2018, 11:25:47 AM
There are 2 things that will affect each and every country.

#1 Cryptocurrencies

They will change the financial landscape because suddenly unbanked people will have access to transferring money in digital form. Banks are not needed anymore. They lose money and power over us. This is a game changer, especially for people who are not so lucky to be born into a rich and free country.

#2 Blockchain

This is the underlaying technology of cryptocurrencies and will have even more impact than the cryptocurrencies itself. The blockchain allows for new technologies and ways on how to interact with each other. It is a completely different thing than what we are used to. I personally think that it will bring a lot really good and positive innovations - why? Because I believe that people are inherently good and want to do good. Great innovations will now have a way to go public, to get funded and to reach the world much easier than before.
jr. member
Activity: 107
Merit: 1
The World’s First Blockchain Core
July 17, 2018, 11:18:21 AM
yeahhh blocchaın  nowadyas is pretty   famous  and i thin   that it is  totslly trueee    ı it is going to change the economy for me i think it wiill become much more than just help.
full member
Activity: 518
Merit: 101
July 17, 2018, 11:15:18 AM
Countries that never have a second thought of embracing cryptocurrency and the blockchain believe that it can help their economy to grow. I have read an article too that one of these countries admits that their economic progress is improved because of the blockchain technology.
full member
Activity: 616
Merit: 100
www.jacs.tech
July 17, 2018, 10:27:25 AM
of course every movement of bitcoin will have an impact on the economy globally considering what gets from every profit will spread
newbie
Activity: 140
Merit: 0
July 17, 2018, 10:25:59 AM
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.
sr. member
Activity: 2016
Merit: 456
July 17, 2018, 10:16:58 AM
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.
Yes . This is a very well stored technology in the technology market. I see now large businesses are very interested in this technology.
in fact, it all depends on how they use it. well, everyone who utilizes bitcoin well, will definitely have a good economy. it can also illustrate that when bitcoin is used properly, it will improve the economy, sooner or later.
newbie
Activity: 28
Merit: 0
July 17, 2018, 10:07:38 AM
Blockchain and bitcoin are suitable for every industry. I am working in the field of insurance and finance and I am waiting till blockchain will change everything. I hope it will happen soon. I have found one project Socratus. It is an insurance ecosystem which provides a digital platform with instant claim payment products for insurance companies. It is designed to help insurance companies to save their money and get their business on a new level. For instance, they can help the insurance company to lower expenses from 15% to 25% on claims handling and operational expenses. Basically, they work with different kinds of insurances such as e-commerce, cyber insurance, personal accident and etc. Moreover, they are powered by Smart-contracts & Socratus Oracles. I think this is really cool and it seems like an innovative and demanded project. I hope I helped.
newbie
Activity: 183
Merit: 0
July 17, 2018, 09:35:52 AM
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.
Yes . This is a very well stored technology in the technology market. I see now large businesses are very interested in this technology.
full member
Activity: 854
Merit: 103
July 17, 2018, 09:23:13 AM
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.
sr. member
Activity: 756
Merit: 257
Freshdice.com
July 15, 2018, 07:24:24 AM
A good example of a blockchain helping economy is JAPAN. Now, take note that japan is already a rich country with a good GDP but still manage to boosts its economy a bit more since they adapt the blockchain technology. Hopefully this will be an eye opener to others too to adapt rather than forbid the said technology.
I also believe that blockchain technology will help the economy and a good example for it is japan because if you look the country japan there are less people who don't have any jobs or source of income, so if every country have blockchain technology they have a big chance to have a great economy.
full member
Activity: 434
Merit: 100
July 15, 2018, 01:23:50 AM
A good example of a blockchain helping economy is JAPAN. Now, take note that japan is already a rich country with a good GDP but still manage to boosts its economy a bit more since they adapt the blockchain technology. Hopefully this will be an eye opener to others too to adapt rather than forbid the said technology.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
July 14, 2018, 11:06:40 PM
Blockchain might come to be a technology that has an impact on large sections of the economy, such as recording and accessing public records, but this doesn't necessarily mean anything for Bitcoin or crypto. In those applications, blockchain would be the underlying technology but there is no utility for Bitcoin there, so there would be no beneficial impact on the price. People have trouble separating the use case for blockchain with the hype for crypto generally.
jr. member
Activity: 364
Merit: 1
July 14, 2018, 03:26:03 AM
If you think well, now the economy is thriving, and in all countries and in principle, the need for bitcoin for the economy is not needed. Is that somebody will make some kind of artificial collapse and everyone will be forced to enter it.
hero member
Activity: 980
Merit: 502
July 14, 2018, 03:23:35 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.
In our world, the introduction of crypto currency is not less than a boon for a humanity and we all are blessed to have crypto currency as a source of investment because crypto has always helped millions of people in getting their employment and helped in earning their livelihood and has always proved its worth and those countries who has legalised it has get a new technology in their nation and that is boosting their development so no doubt crypto will help economy and GDP Aof any country in which it will be legalised.
member
Activity: 416
Merit: 21
July 08, 2018, 01:35:14 PM
Bitcoin will definitely help the economy in large way it provide transparency and more important open source ledger system will help the economy in large way
member
Activity: 350
Merit: 10
July 08, 2018, 01:34:53 PM
In the future it is possible but it is still early to talk about it. Although blockchain has not bad helped my personal economy and for this I am grateful to him Smiley
full member
Activity: 360
Merit: 100
July 08, 2018, 11:51:13 AM
If you're going to talk about Blockchain ,  At first you need to know about block chain . It is actually one types of currency so definitely it helps the economy. Al most  every country all over the world allow blockchain without some countries. Recently a lot of international market place allow some types of block chain Cryptocurrency. A buyer or seller use such types of payment to buy or sell any services or goods. So Blockchain helps the economy.
sr. member
Activity: 462
Merit: 250
July 08, 2018, 09:55:28 AM
yes of course blockchain is very helpful economy, many state banks have made their system using blockchain. I'm sure someday blockchain will dominate the economy
When most people hear blockchain, they think for Bitcoin,one of the world’s first digital currencies. But while Bitcoin has yet to transform the global economy, experts believe that its underlying technology—blockchain—is poised to spark an economic revolution.

Block chain is not just  actually a bit related to bitcoin but it is actually far ahead than bitcoin. Bitcoin is under the block chain. Therefore, the block chain is true to help the economy by cryptocurrencies that exist nowadays. It revolutionized the use of cryptocurrencies and  most especially the bitcoin.
sr. member
Activity: 469
Merit: 250
July 08, 2018, 09:33:58 AM
yes of course blockchain is very helpful economy, many state banks have made their system using blockchain. I'm sure someday blockchain will dominate the economy
When most people hear blockchain, they think for Bitcoin,one of the world’s first digital currencies. But while Bitcoin has yet to transform the global economy, experts believe that its underlying technology—blockchain—is poised to spark an economic revolution.
full member
Activity: 462
Merit: 100
July 08, 2018, 07:23:51 AM
yes of course blockchain is very helpful economy, many state banks have made their system using blockchain. I'm sure someday blockchain will dominate the economy
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