Topic: Can A government accept blockchain Without accepting Crypto currency ? - page 4. (Read 901 times)
January 05, 2019, 04:02:05 PM
The government does not like the idea of cryptocurrency. I think they will really try to introduce blockchain technology and control cryptocurrency.
January 05, 2019, 03:34:21 PM
I think people do not know the difference between blockchain and crypto. There are two things which may not be dependent on each other. Crypto is the generic name of this cryptocurrency market. Blockchain is a technology. This technology is used by the crypto market, but blockchain can be used in various other areas not related to the crypto market. So financial institutions can use blockchain, because blockchain is not just crypto. Already blockchain technology is used in various financial, health, even in sports.
January 04, 2019, 09:26:27 AM
As far as I know Yes without cryptocurrency blockchain can be used as some countries use it in health care, but Vitaly Buterin said that the technology is more suitable for crypto-currency than for traditional use in other industries.
Acne recently says a lot of loud statements, I can not say that this as a whole can be 100% correct. Today there is a lot of different information, but you shouldn’t believe everyone. January 03, 2019, 11:48:03 AM
of course it can, since blockchain and cryptocurrency is a different thing.
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and this here is the difference between cryptocurrency and blockchain => HERE
here the link if you want to know about blockchain => click here
also if you want to know what cryptocurrency is => click me
and this here is the difference between cryptocurrency and blockchain => HERE
January 03, 2019, 10:57:55 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 they can. I think that the token was created for business. To create an investment in the project and give something in return, as stocks. However, I think that state structures can use this technology without releasing their token.
January 03, 2019, 10:56:59 AM
in my opinion, because the function of blockchain is not only for the financial sector. a few months ago I read the news that the blockchain was used for elections and that it was one of the uses of blockchain technology that did not require cryptocurrency. or for the health sector, the blockchain will greatly help the government to solve the problem of transparency and security in the health sector. so there is no reason for the government to reject blockchain technology. if the country wants to develop they must not close themselves from technological developments.
That is why you can see lot of country have started to use blockchain technology but they have barred usage of crypto currency. Bitcoin got famous due to introduction of blockchain technology usage if not it would also been an another shit coin in the market and crypto currency would have flourish this much
January 03, 2019, 10:54:36 AM
As far as I know Yes without cryptocurrency blockchain can be used as some countries use it in health care, but Vitaly Buterin said that the technology is more suitable for crypto-currency than for traditional use in other industries.
January 03, 2019, 10:40:39 AM
in my opinion, because the function of blockchain is not only for the financial sector. a few months ago I read the news that the blockchain was used for elections and that it was one of the uses of blockchain technology that did not require cryptocurrency. or for the health sector, the blockchain will greatly help the government to solve the problem of transparency and security in the health sector. so there is no reason for the government to reject blockchain technology. if the country wants to develop they must not close themselves from technological developments.
This makes sense indeed. very helpful for the development and progress of a country. applied crypto without involving fair enough I suppose, had to walk one by one the first to feel the effects and benefits. If the blockchain is applied in the Administration certainly will add a lot of value plus in terms of transparency. 
January 03, 2019, 10:29:31 AM
in my opinion, because the function of blockchain is not only for the financial sector. a few months ago I read the news that the blockchain was used for elections and that it was one of the uses of blockchain technology that did not require cryptocurrency. or for the health sector, the blockchain will greatly help the government to solve the problem of transparency and security in the health sector. so there is no reason for the government to reject blockchain technology. if the country wants to develop they must not close themselves from technological developments.
January 03, 2019, 10:24:17 AM
Of course, this is completely achievable. Although the blockchain creates cryptocurrencies, it is only a function of the blockchain and it still has many other uses.
Absolutely correct opinion. After all, there are so many areas where blockchain can be used today. I would probably say that the best thing to do today is to use the blockchain in government industries. January 03, 2019, 07:59:35 AM
in fact most government currently working on possible application of blockchain. perhaps in future even cryptocurrency willbe accepted as well.
January 03, 2019, 07:41:23 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 a government can accept block chain and not accept cryptocurrency. But the problem is that among all the things that have been mentioned which blockchain can be used for ,only being used as a method of payment is the only thing that has been fulfilled. People has claimed it can do a lot ,maybe if they can prove it, then the government will accept it. But they are not going to accept to cryptocurrency. 
January 03, 2019, 06:13:41 AM
I think not, because the blockchain is Cryptography, and everything in the digital currency is happening, all operations, so definitely the future for them, even if the governments of all countries come up with their own currency, as Venezuela token PETRO, it is still cryptocurrency will
January 03, 2019, 06:04:18 AM
This question has come in handy for me. Until now, i haven't for once thinks that blockchain can be separated from each other. However, all well and good, will do well to read more
January 03, 2019, 04:49:20 AM
It seems to me that people do not quite understand what a blockchain is when they ask such questions. This is a common technology that can exist without cryptocurrencies and it seems to me that many businesses are already integrating it.
People often ask this question, because the cryptocurrency is the fuel for the blockchain, that is, when a transaction takes place, the miner receives a reward in the form of a cryptocurrency, if the state invests in blockchain technology, and of course the reward will not be profitable, but if we are talking about private companies, it is easier for them to pay miners. January 02, 2019, 10:21:47 PM
That is absolutely possible to take blockchain technology and throw away cryptocurrency. cause that technology is not a single package with cryptocurreny.
Blockchain technology could be implemented in other things than just cryptocurrency.
Blockchain technology could be implemented in other things than just cryptocurrency.
January 02, 2019, 10:14:03 PM
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 ?
Definitely yes! but the implementation of blockchain through money transaction is the best invention so far, there is always a thing where government can apply block chain through datas and securing information of the people.
January 02, 2019, 09:05:42 PM
Without doubt, they can and will do so, it's loosely related concepts/ spheres, one without the other is not difficult to use, so the answer is obvious here
January 02, 2019, 08:52:28 PM
it could be, for example, banks that adopt blockchain technology into their systems, but still use fiat as a transaction and leave crypto tool. in modern times like this, it can happen easily if there is an agreement.
January 02, 2019, 08:41:45 PM
Yes, I think it is possible, banks can easily use blockchain for their own purposes and thus significantly optimize their work without interacting with cryptocurrencies. And banks have long been working in this direction. But I think that there is nothing wrong with that. This makes banking services much cheaper.
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