Topic: Can blockchain change financial industry? - page 20. (Read 2004 times)
I expect so, probably not with coins though.
I think it definitely can and not only the financial sector. Blockchain has a lot of benefits that can improve almost all fields and industries, even healthcare and the government sector.
Some more about it here https://icoguide.com/en/blog/blockchain-in-the-real-world-industries-it-can-revolutionize-and-change-everything
Some more about it here https://icoguide.com/en/blog/blockchain-in-the-real-world-industries-it-can-revolutionize-and-change-everything
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.
Currently, some countries have applied Blockchain technology to their country's finances. It can be said that Blockchain technology is a breakthrough to change the financial industry. Despite the ban on Bitcoin, the governments of these countries can not deny the special advantages of Blockchain technology. Sure, in the future, Blockchain technology will have a lot of applications in the relevant industries, not just the financial industry.
Looks blockchain can create new tools and services in the financial industry. These services might significantly change the way how people and institution interact in the industry. Actually, it is not a matter of some further but the way how it is going right now.
Although you correctly noticed the tendency of embedding existing crypto currencies in the banking system.
Of course. I think blockchain has huge potential because it gives transparency and reliability. That's why i believe it has really bright future.
I think that yes, Blochchchayn will change the financial flow and very much, taking into account how quickly it is developing, in just a couple of years, and such a leap in distribution and use. It seems to me that a very important question is how all this will be regulated by the financial systems of governments, because with such a system, states lose a very large amount of profit.
Yes, I agree, I think that the blockchain can change the world. At present, it seems to be difficult to achieve, but I am looking forward to the day when the blockchain changes the world.
I think the blockchain can change the whole world. Not just the financial industry. Many examples of the application of this technology can already be found. Medicine, science, photography, cinema, robotics, etc.
I agree. even blockchain is not about finance only. the blockchain is a broad field and of course will be very helpful in every way. This will make it positive for crypto and blockchain of course.
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?
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 also think so. I believe that the blockchain may be part of the financial industry, probably will change their system although itis still steps by step.
Financial industries will need the revolutions and innovations, especially in their technology. The blockchain is an advanced technology with its advantages. Basically, we can wait for several times to know that they will
He is already doing this, the blockchain will make the financial sector more transparent and structured. In general, there are many areas where this technology can be applied.
The application of blockchain in finance has two levels. One is database, and the blockchain becomes a database of distributed ledgers. Compared to the database technology, it is mature and there are many practical applications. However, the database above the public blockchain still has a big problem. The second is efficiency and cost. It has been calculated that bitcoin's blockchain consumes electricity equivalent to the electricity consumption of a country in Denmark for one year. This cost is very expensive, and the total market value of the bitcoin blockchain currently carrying value. With only about 11 billion U.S. dollars, this system consumes a lot of energy, so it must be transformed.
Maybe this time it's already going on, and the more people will choose something easier and cheaper. Maybe in a few years there is no choice for the financial industry other than to compromise with blockchain.
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 think it has already changed the financial industry partially and only needs a general adoption to revolutionalize the whole industry.
Without blockchain, btc, eth,dash e.t.c
Wouldn't have been a store of value or medium of exchange for goods and services.
There are also few finacial institutions around the world that have adopted and integrated blockchain into the running of their day to day operations thereby making operations smoother, easier and efficiently.
Without blockchain, btc, eth,dash e.t.c
Wouldn't have been a store of value or medium of exchange for goods and services.
There are also few finacial institutions around the world that have adopted and integrated blockchain into the running of their day to day operations thereby making operations smoother, easier and efficiently.
Yeah, most probably it will change financial industry. Many people thought that fees that we pay (which is crucial for banks) will reduce in the near future. Transfering money will be a lot more easier. There will be many changes in the near future.
If blockchain is used for financial management it is a great thing because management will be easier and information will always be secure and anonymously absolute. Developers are adopting block technology and rigorous research into the applications it brings to life. I'm looking forward to the blockchain technology going from the virtual world to the real world and helping people.
maybe in the distant future - so be it. in the meantime, I don't think he's gonna change anything.
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