Can A government accept blockchain Without accepting Crypto currency ? - page 6.

ShadowBits

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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 they can but I guess they need crypto currencies for that kind of project to operate, but who knows that they will invent a new way of using blockchain.

zcashplan

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Blockchain can be convenient for many industries and does not need to rely on cryptocurrencies, so I think in many countries in the future, blockchain will be used, but cryptocurrencies will not be used.

ereborltc

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Blockchain requires specialized technology, and not everyone can be involved in this field. The original intention of the government to ban cryptocurrencies is to crack down on some people using cryptocurrencies to commit crimes. They will not reject the application of this new technology.

Mr.Noda

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In Belarus, the national bank maintains a register of records based on blockchain technology. This can already be considered the adoption of the state as an innovative technology.

Little Mouse

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Marketing Campaign Manager |Telegram ID- @LT_Mouse

Lots of people are utilizing blockchain technology. Crypto and blockchain are totally two different entity. Crypto is a currency while blockchain is a technology. So, people can utilize blockchain in barious aspects of real life. I believe it will be adopted widely.

Connectivity

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Yes this is definitely possible! they can implement blockchain tech for big data instead for transactions

levyashin

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$CYBERCASH METAVERSE

Of course they can.

Blockchain is a technology and you don't have to use a cryptocurrency to implement it. So they can do if they want to.

Tidsdilatation

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The only reason they are doing this is becourse they are afraid what crypto will do to their monopoly on money. They can't control crypto, thats why they ban it and talk bad about it. its pure propaganda, just ignore it and continue use it.

khoapham89

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It seems that you merge blockchain and cryptocurrency. Cryptocurrency is an adoption of blockchain. We can implement blockchain without cryptocurrency, of course. But, to increase the security, we use nodes, and cryptocurrency is as the rewards for node owners.

longergou

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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.

Best Bitcoin Slots

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Yes, definitely.

Ever heard of the use of blockchain in the health sector for storing health records? How about electronic signature technology using blockchain? Or blockchain in the music industry for music streaming?

Read about them here: https://www.coins-info.com/news/heres-how-these-6-major-industries-benefit-from-blockchain-innovations/

Teamfearless

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Quote from: xuan87 on January 02, 2019, 05:12:58 AM

Sure, crypto and blockchain are two different things, blockchain could be so famous because crypto introduce the technology, and blockchain technology is not only about crypto it can be used in different sectors of life, most of the countries are more interested in blockchain rather than crypto

I understand that .. can they Run financial activities on blockchain without crypto currency ?

jan.nicolas

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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.

xuan87

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Sure, crypto and blockchain are two different things, blockchain could be so famous because crypto introduce the technology, and blockchain technology is not only about crypto it can be used in different sectors of life, most of the countries are more interested in blockchain rather than crypto

Teamfearless

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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 ?

Topic: Can A government accept blockchain Without accepting Crypto currency ? - page 6. (Read 901 times)