Topic: Can blockchain change financial industry? - page 13. (Read 2004 times)
Yh with the block chain the world is going to the stage were it will be use as a medium of exchange in the whole world
I have no doubts about that. In my opinion blockchain technology has very big potential because it gives transparency and reliability.
I agree that blockchain technology change financial industry in the matter of time, this technology is volatile and theirs no limit of using it for any transaction but it thus need further observation on how to manage and secure the privacy of the developer to avoid any scam or fraud that might cause the market downfall.
Surely could be something extremely innovative: defeating scam, for example. In my opinion is something still at its beginning which need development and investments on it but potential it could be a revolution overall, something like Internet at its time.
Definately it can reform the financial industry with adequate widespread of blockchain to while wide world for accessibility.I never had the that blockchain change the financial industry but today in the world it is though yet to circulate.By so doing ;it is not impossible that blockchain technology will be developed again for a variety of purposes that are beneficial to mankind.
Cryptocurrencies are not receiving much attention in the financial industry. Those whales put more money into stocks and futures. So there is a process of cryptocurrency changing the financial industry. With the popularity of blockchain, I believe that This will be achieved.
I believe that blockchain technology will change not only the financial system but also the whole world. Because we love the blockchain. There's a lot of money, and the system of the future.
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Some company happen to use blockchain for financial purpose because of its efficiency compared to traditional method. I'm pretty sure that in the future, bank will use blockchain aswell to replace their traditional method too.
The blockchain proves to be transparent, fast and easy, although the scalability is not that good at the moment, but when it's used by a company, it doesn't need that much scalability.
If you are curious, you can read about blockchain implementation news from various source, even big company have started to make a development from it.
The blockchain proves to be transparent, fast and easy, although the scalability is not that good at the moment, but when it's used by a company, it doesn't need that much scalability.
If you are curious, you can read about blockchain implementation news from various source, even big company have started to make a development from it.
I think that blockchain technology can change the world but even more important thing is for people to try and do that, because without enthusiasts it is impossible.
I think like smartphones that interfere with the journalistic industry or retail stores, blockchain will also overshadow the financial industry. And in the future I think all business sectors will adopt a blockchain system.
I would say yes blockchain can change the financial industriy, and maybe it also has already. So when you look at bitcoin, you see a cryptocurrency. Its technically a good coin, but its just an experiment. The value actually escalated a little bit. But the base is very good for a cryptocurency. It just needs to be more developed, and maybe one day it can handle all crrency transactions of the world. So you can be sure, blockchain is here to stay!
Certainly, the blockchain itself will affect the change in the banking sector and the impact on the economy, and the change in the blockchain will be in the direction of centralization. And then it's so easy we will not get big profits from this.
Blockchain is new technology which change a lot of things in the world. In nearest future a lot of things will be based on it.
Here is an article: https://icoguide.com/en/blog/blockchain-in-the-real-world-industries-it-can-revolutionize-and-change-everything
Author claims, that blockchain will be able to change financial industry. What do you think? Do you agree?
Of course it can! If you compare how many companies start using blockchain every year, this number is rapidly increasing. Need time. If we are talking about the world financial system, then we need not 1 or 2 years Here is an article: https://icoguide.com/en/blog/blockchain-in-the-real-world-industries-it-can-revolutionize-and-change-everything
Author claims, that blockchain will be able to change financial industry. What do you think? Do you agree?
Blockchain technology has actually started to change the financial industry as we speak though the impact of blockchain on the financial industry is not yet very visible but with time, it will show up. Some banks have already started to adopt blockchain technology into their modes of transactions to make their transactions more efficient, this just goes to show how much the blockchain technology can do
It will definitely change the financial industry, blockchain is transparent and tamper-proof form of transaction. But in the future I think it will bring tremendous changes to many industries. Its decentralization makes it possible to save a lot of the cost of some industries. I think it will greatly facilitate people's lives.
Banks are already experimenting with blockchain technology. My understanding is that they see potential for its benefits but want to create their own centralized blockchains rather than use Bitcoin or any other decentralized open ledger. This shows that this technology is relevant and is probably here to stay and even if banks don’t use Bitcoin, I think there is room for many variations out there.
I truly believe it can. Right now it's just the beginning for it, but i have no doubt that blockchain and crypto will achieve huge results in future.
Banks afraid blockchain technology and cryptocurrency. If people will understand that banks can be replaced, they can kill most of them. Also I think that blockchain is on early stage on evolution and in future we will see more features and less problems.
blockchain is a tool that can help us to change the financial industry. Without people's support, there's nothing he can do. So everything is in our hands.
Blockchain not only changing the financial industry but also helping individual to be financially stable. Because of cryptocurrency people are getting new ways of income. Also blockchain technology contributing supply chain and record keeping industries.
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