Can A government accept blockchain Without accepting Crypto currency ? - page 3.

imstillthebest

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Quote from: kicauklaten on January 15, 2019, 10:18:24 PM

blockchain technology will still continue to exist and be developed further without the crypto. admissions could certainly also because crypto is not a part of what makes blockchain be great. many of the benefits that can be used from deployment blockchain and it doesn't have to be by accepting the crypto.

yes blockchain can go independent but we must not forget that without cryptos , blockchain technology cant also be discovered . so far , all the products of blockchain like ico , gamblings , blockchain/crypto based games , etc are all related to crypto and they uses a crypto to buy and sell the in game items or service . therfor i believe cryptos can still be tied on whatever the project that the government might want to create .

kiansantan

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the government must be able to understand all aspects related to digital currencies. with the support of various sectors, it can be said that the process of legalizing bitcoin will run smoothly. the government needs to issue various types of regulations and it will be very important to build a broader level of trust in the digital currency.

unusualfacts30

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Quote from: Teamfearless on January 02, 2019, 05:08:55 AM

Many country has put ban on crypto currency , allot of financial gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial institutions can run on blockchain without crypto Currency ?

Yes, blockchain and cryptocurrency aren't the same thing and if you look around you will find that many businesses have already implemented blockchain in their businesses without implementing cryptocurrency. Same can be done by the government or any other businesses.

ivaf

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Quote from: Teamfearless on January 02, 2019, 05:08:55 AM

Many country has put ban on crypto currency , allot of financial gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial institutions can run on blockchain without crypto Currency ?

I think yes. After all, blockchain is a technology, and they can use it. And the cryptocurrency appears already as a result, in order to give liquidity and capitalization to the project. And if the institution will use the technology for itself, there is no need for it to give liquidity to the intra-corporate project.

gowobonyok

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you can, because the blockchain is a technology that supports crypto, and crypto is the product. so blockchain can be separated from crypto by applying it to other products, such as fiat.

iqlimasyadiqa

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When digital currencies want to be fully accepted, the government must be able to understand all aspects related to digital currencies. with the support of various sectors, it can be said that the process of legalization of bitcoin will run smoothly. the government needs to issue various kinds of regulations and it will be very important to build a broader level of confidence in the digital currency.

Vaculin

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Winding down.

Quote from: Nggedebus on January 15, 2019, 11:16:23 PM

From what i understand, blockchain is a technology that are used as the base of cryptocurrency, So there will be possible to implement the blockchain technology for another kind of things. So the conclusion is that the government is able to take blockchain technology without even taking the cryptocurrency.

That's possible, they have the enough funds to explore blockchain and use it for their operation, blockchain
is a good tech since it's more transparent and the government should adopt it to be more transparent to the people, and as a citizen of the state, we want the government to deliver so we will be convince that our taxes are properly utilize.

Nggedebus

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From what i understand, blockchain is a technology that are used as the base of cryptocurrency, So there will be possible to implement the blockchain technology for another kind of things. So the conclusion is that the government is able to take blockchain technology without even taking the cryptocurrency.

Japinat

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Quote from: kicauklaten on January 15, 2019, 10:18:24 PM

blockchain technology will still continue to exist and be developed further without the crypto. admissions could certainly also because crypto is not a part of what makes blockchain be great. many of the benefits that can be used from deployment blockchain and it doesn't have to be by accepting the crypto.

That's true, crypto brings blockchain in on the online world but if the government will choose to develop their own project in the blockchain, they can always do that as blockchain is an open source and one can build their platform over it. The government are not so in favor of the current crypto system, they do not want the anonymity, they want us to follow their law and to comply with the simple Know Your Client policy or the KYC.

But for us who truly believe that crypto and blockchain should go together, we should continue to support our own, than patronize what the government to offer.

kicauklaten

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blockchain technology will still continue to exist and be developed further without the crypto. admissions could certainly also because crypto is not a part of what makes blockchain be great. many of the benefits that can be used from deployment blockchain and it doesn't have to be by accepting the crypto.

adekogbe

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Yes government can accept blockchain technology even with a van on cryptocurrencies.
Companies that are exploring the blockchain and its possibilities and how it can improve their technology, however cryptocurrencies are needed for these blockchains to run. So a company may use the cryptocurrency for actions in the dApp they are developing but may not commercialize this cryptocurrencies.

keepandhold

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Quote from: Teamfearless on January 02, 2019, 05:08:55 AM

Many country has put ban on crypto currency , allot of financial gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial institutions can run on blockchain without crypto Currency ?

Of course, this will be the case, but if the world economic model changes, it is likely that cryptocurrency will take its place in the new model and be adopted by the countries

batang_bitcoin

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Quote from: paxaway21 on January 08, 2019, 05:37:38 AM

All transaction is going thru blockchain to confirmed it correctly and if theres no blockchain it will not transfer all transaction will made on time they need.

Yes that's correct but it doesn't answer the question.

Short answer: yes.

BlackPanda

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Quote from: Teamfearless on January 02, 2019, 05:08:55 AM

Many country has put ban on crypto currency , allot of financial gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial institutions can run on blockchain without crypto Currency ?

Blockchain is a technology in the cryptocurrency system, while crypto is the currency. Currently Blockchain has proven to have many benefits, so it starts to be applied to several important sectors. Unlike crypto because not all crypto has good quality. Yes maybe we will face the crypto era, it will still only be crypto who has the quality that will survive.

joybella

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Blockchain is a technology, they can integrate it in their military, their finance, their security, and even their database. The use of Blockchain technology doesn't necessarily require a cryptocurrency after all many institutions have integrated the Ethereum blockchain but never deployed any token. Blockchain serves various purpose of record keeping all the way down to transparency.

paxaway21

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All transaction is going thru blockchain to confirmed it correctly and if theres no blockchain it will not transfer all transaction will made on time they need.

culuuton

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The idea is very good and practical when most countries in the world realize that Blockchain is the trend of the information technology era. So I think countries can apply Blockchain technology without using currency crypto because they want to manage money and coordinate their country's economy.

irixo10

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GoMeat - Digitalizing Meat Stores - ICO

maybe, because to my knowledge, blockchain can separate cryptocurrency. But cryptocurrency cannot lack a blockchain. So if certain countries prohibit cryptocurrency, they may develop blockchain in a different direction

Snaic

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Quote from: Teamfearless on January 02, 2019, 05:08:55 AM

Many country has put ban on crypto currency , allot of financial gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial institutions can run on blockchain without crypto Currency ?

Of course, this is already happening in many countries. Even in those countries that prohibit or restrict the circulation of cryptocurrency, positively relate to blockchain technology. This is especially evident in the example of China, where the largest number of patents for the introduction of blockchain technology are issued, but they limit the circulation of cryptocurrency.
This technology is quite capable to exist without cryptocurrency. Cryptocurrency is one of the products of this technology. This can be used anywhere you need to safely store large databases using the Internet online.

moschinot

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Yes, I think that the government can do it because they are already positive about the blockchain

Topic: Can A government accept blockchain Without accepting Crypto currency ? - page 3. (Read 901 times)