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Topic: Can Blockchain help eliminate the basic problems in the world? - page 3. (Read 592 times)

full member
Activity: 448
Merit: 100
Lets Go Adab
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

In my own opinion, yes it is possible if government will allow their own people in the community to invest on cryptocurrency or run a mining hardware, in this way they can earn more income depending on the market.
newbie
Activity: 98
Merit: 0
Personally, i think the blockchain technology is the future.
newbie
Activity: 64
Merit: 0
See "What the Blockchain Means for You," ------> https://medium.com/@julie_45376/blockchain-for-dummies-26fdf5de6dff
Blockchain is the new era technology. When the people need to exchange commodities barter system introduced. After that gold and silver took place and then paper money. Now people use cards for their daily purchasing and in the future blockchain will replace all these things. Digital money will take over the market and all other currencies will disappear from the market.
sr. member
Activity: 668
Merit: 255
The main problem in the mentality of the nation and no blockchain (which just public register) or another system will help with it. As I remember from video on youtube, when the government tried to teach people in an 3rd world country to use a public restroom and even was paying for that, but people just continued doing it on streets.
member
Activity: 243
Merit: 10
in my opinion this kind of problems don`t require a new technology but a change in the social behavior of people. As soon as we control greed and make empathy as a huge community those problems would be nothing.
hero member
Activity: 1330
Merit: 569
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

I don't see identity as major concerns in the third world countries because there is hardly a database to have everyone details. The larger population is still outside the banking system, they don't have drivers license, they are not bothered about voting, they also don't care about government health care system, they also don't pay taxes. These are avenue where they could have identities and when that is absent, then there is no identity falsification or identity theft. The advanced country could be faced with all of that.

On the issue of poverty, this is a serious issue facing the third world countries and I don't see it being solved till the next century it can only be reduced to a level. How would blockchain then solve all of this, from the economic point of view, the liberation has started with individuals getting exposed to crypto currency and its embedded advantages they are able to change their economic conditions and immediate family. The identity solving issue would have to come from the way top of government because of the sensitivity of human data.
member
Activity: 322
Merit: 10
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?
I think not.  Blockchain can't help eliminate the basic problems in the world. I think Bitcoin only helps with billing issues. Make sure that Bitcoin payments are faster and more convenient
sr. member
Activity: 672
Merit: 271
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

Blockchain cannot eliminate it as there are always ways for people who wanted to do illicit activities that has a contribution as to why there are more poor people or shall I say the poor getting poorer and the rich getting richer. Blockchain can at least lessen it like when it comes to transparency, people can track the funds thereby reduction of fraud because some would not attempt to do it due to being tracked and caught in what they are doing.
Don’t you think you are expecting from blockchain technology, way too much? I mean blockchain is a wonderful technology introduced which can ease the working operations of many sector. Poverty, lack of food and identity are the issues which cannot be addressed by blockchain directly. You cannot expect blockchain to do the duty of government bodies also. These problems need attention of the government and the bodies framed for such purpose.
member
Activity: 812
Merit: 11
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

Blockchain is not magical system that can change anything instantly. But indeed blockchain is powerfull tool to create transparant system. If government using blockchain technology, government can save a lot cost and using it for another program like adding budget for poverty or education
sr. member
Activity: 616
Merit: 262
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

Blockchain cannot eliminate it as there are always ways for people who wanted to do illicit activities that has a contribution as to why there are more poor people or shall I say the poor getting poorer and the rich getting richer. Blockchain can at least lessen it like when it comes to transparency, people can track the funds thereby reduction of fraud because some would not attempt to do it due to being tracked and caught in what they are doing.
hero member
Activity: 998
Merit: 504
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?
Bitcoin doesn’t certify that you will be rich. There are lots of losers in bitcoin and also there are earners. I know some people that has been working hard to earn something out of bitcoin but it hasn’t been easy for them and they still haven’t achieved anything.

Most people had given up, because everyone is looking for a way to make money quick, no one is ready to waste time and money in what is not earning them money at all. So bitcoin can’t end world poverty and where a man’s opportunity lies is not where another man’s  may be.
full member
Activity: 364
Merit: 103
I think no blockchain is not to deal with the problem unless it is buying according to needs and needs, then making investments to grow in poverty and nutritional problems I think it's a lazy thing to grow in an organic way, I think the future will get even more minimal because very reversed the comparison between the quantity of goods and the amount of money in circulation, may be successful for all of us
jr. member
Activity: 210
Merit: 1
Blockchain has a big role to our community and its people it has a great contribution but it doesnt totally elliminate the basic problems in our world.Poverty, legal identity etc. is a long time crisis all over the world whether you live in first world or third world country.Only the good services of a government can help to solved it and also by the help of everyone.
newbie
Activity: 31
Merit: 0
Thanks guys for coming back to me with your answers!
I do agree that there are immense possibilities that we can uncap with the help of Blockchain; however, it would also depend upon a lot of us (e.g. Govt. / Countries / Organisations etc.), how much we are willing to exploit this technology to create a better world, as opposed to filling our own pockets.
hero member
Activity: 1666
Merit: 753
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

I wouldn't say that bitcoin would necessarily be able to combat the issues such as poverty per se, but it definitely provides some properties that will be extremely useful to those who are in countries where banking services are hard to reach, and overall global reach of the workers are limited, thus resulting in extremely low wages.

Bitcoin can open up tons of opportunities as it can be obtained and transacted with throughout the world without any sort of identification, without discrimination, and without borders. It allows workers from third world countries to connect with employers worldwide, and also have somewhere to save their money.

But the main thing is probably bitcoin's property as a store of value. There's a ton of countries with hyperinflation problems that face depreciation in their fiat on a daily basis. Bitcoin is able to help the citizens in their country to essentially have somewhere safe to store their wealth, instead of having to scramble to spend their life savings due to the inflation (Venezuela is a prime example of this).
member
Activity: 154
Merit: 17
Blockchain can actually be used to solve some of this problems like identity management. With the use of the transparent decentralized blockchain distributed ledger, it will be difficult for anyone to forge his or her identity. This can greatly help to have proper documentation or information of everyone in the world, and can also be used for security purposes to reveal the identity of anyone who may have been involved in a criminal act.
hero member
Activity: 1820
Merit: 537
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?
This was impossible because ut us already the problems from now and then and we cannot eliminate it perhaps with faster growth of populations and the materials that can danger to our lives. They can only lessen this problems but not eventually to end.
hero member
Activity: 3038
Merit: 634
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?
That social problem can't be fixed by a technology that focuses on businesses.

I can't find a way that blockchain will help those people who are starving and have no food to eat however, if one of those kids strive to become a blockchain developer, then I guess that's plausible in a way that it creates employment and opportunities.

Poverty and famine is a never ending problem of the world since the time of memorial.
full member
Activity: 1330
Merit: 147
Blockchain has its own function, not all the problems that exist in this world can be overcome by blockchain. I consider the blockchain function to be limited just like an existing bank. There is no other function and can even be said blockchain can help humanitarian problems. Poverty and hunger have nothing to do with blockchain, you can see your own logic.
full member
Activity: 966
Merit: 153
In a way,  I think it can help eliminate crime in many sectors if the governments in many  countries adopt and adapt it. The blockchain technology has really proven to be effective in transparency and assessbility, any uncalled or illegal activities in any of a country will be thoroughly monitored. But alas,  the government won't let it happen, cause they don't like to be questioned.
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