Topic: Can blockchain change financial industry? - page 15. (Read 1987 times)
I believe that the blockchain is able to change the financial system, it is convenient, anonymous, allows consumers to directly interact with the seller without intermediaries. Here you see the blockade will change our view of finance.
I am sure that the blockchain in the near future will fundamentally change the world and in particular the financial industry. Here are a few key aspects: this is a new kind of data without centralization, data can not be faked, the technology allows to make financial transactions without intermediaries, financial transactions become transparent and all participants can follow them. This is not a complete list of advantages of the blockchain technology. Personally, I have no questions about the future of this technology.
Yes, there is such a thing as transparency through blockchain but blockchain is not without its own problems. So I think even if it is introduced in the financial system, the total makeover will be difficult.
Blockchain can change the financial system dramatically! I think that if banks use bchain, people won't need banks any more - they will just conduct transactions without charges and will love it!
This is a beautifully written article which help us to know about various functions of blockchain, without going into dept it easily helped to know the overview of blockchain usage at various places like banks, health care, insurance industry, government, internet of things (IOT) =and many more the list is endless as you can adapt this technology according to your needs. If blockchain is widely accepted then it will also help to increase market cap of cryptocurrency.
Absolutely! Blockchain is the biggest thing about the crypto world being so valuable.
Many banks around the world are trying to cross the blockchain base. Many sectors will develop very much thanks to Blockchain.
Many banks around the world are trying to cross the blockchain base. Many sectors will develop very much thanks to Blockchain.
Its already changing. I always like that comment on block chain wallet "be your own bank" that's just what it is transactions are going to be quick and fast. Improving on daily transaction rate.
I believe blockchain can change financial industry and i am sure it will. But i don't think it happens very soon. Blockchain now is on early period of developing, and it has to pass long way to spread all over the world. People have to want use it, but now the majority of population don't even know what is it.
of course, because nowadays it's been one of the big companies that adopt blockchain technology, the technological blockchain makes all transactions more transparent and more flexible
It already changes it, though at first it was not so noticeable, but with the growing popularity of bitcoin, the blockchain was talked about and it's cool !
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?
I aggree that the face of the financial technologies have already changed with the inception of the blockchain for it security assurance 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?
Yes , it is a great technology and will definitely change almost every industry including the financial ones
Blockchain will not change the financial industry of the world because that change has already been started. Many companies had already adopted the technology, though not fully, yet, but the adoption and change is already there. There's no clear image of what will the blockchain bring when it's technology is being used to it's full extent. The financial industry is not the only aspect that will undergo revolution. A lot more industry will follow this wave.
I think you can. But this will take a lot of time and work, since the financial system exists for a century and it will be difficult to destroy or replace it.
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?
Blockchain tech is revolutionizing the fintech for it immense advantages. Talk about smart contracts that eliminates intermediaries and allows users to transact directly, what of assurance of security through decentralisation 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 will impact many industries and businesses and it will make a huge impact on everyone who doesn't have special knowledge or technology or tools, because thanks to bchain the technology which never existed before will be widespread and readily available.
That is a good point. With the come of blockchain we see nowadays more and more projects on the blockchain. An important part of this projects are in the financial industry, like Ripple. There are more and more companies who are using Ripple and in the future I think that it will be a pioneer in the industry.
It propably happen because people in these day want to more clear about their money in the banks... So crypto currency and blockchain will become popular in future.
Yes I am sure blockchain will change financial industry. Blockchain technology has huge potential. We will see big revolution in coming years. Through blockchain technology banking sector can take huge benefits. Their transaction will be much faster than before and it will also help to save the cost as well so it will help them to increase the bank profit too. In coming time blockchain technology will be used widely in many sectors its a future technology.
Blockchain will impact many industries and businesses and it will make a huge impact on everyone who doesn't have special knowledge or technology or tools, because thanks to bchain the technology which never existed before will be widespread and readily available.
Blockchain will impact not only the financial system but the entire world as we know it. Blockchain is the future, both for the financial system and for other businesses.
Jump to: