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Topic: Can Blockchain help eliminate the basic problems in the world? - page 4. (Read 592 times)

sr. member
Activity: 434
Merit: 252
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 a magic wand that we can wave to eliminate these basic, yet persistent problems. Poverty, for example, is a product of many factors like lack of education and unpleasant environment. Blockchain must first eliminate this factors to finally erase poverty--I don't see that happening.
Poverty is the reason the world is made for the rich. They are interested in making it more poor. It's easier to find people who can work for little money. This situation is achieved by manual control of the money supply and corruption. Bitcoin can change the balance of power. That's why bankers and oligarchs are against cryptocurrencies.
full member
Activity: 644
Merit: 103
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 a magic wand that we can wave to eliminate these basic, yet persistent problems. Poverty, for example, is a product of many factors like lack of education and unpleasant environment. Blockchain must first eliminate this factors to finally erase poverty--I don't see that happening.
full member
Activity: 518
Merit: 100
Yes i believe that blockchain technology help in solving poverty it also offer job for the jobless and poor people who are smart and have knowledge about cryptocurrency to earn for their living just by joining signature campaigns.
legendary
Activity: 2968
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Blockchain being able to solve every single problem put to us is the sort of thinking that's partially led to the situation we find ourselves in now. Surrounded by projects using blockchain for the sake of blockchain.

Bitcoin solved the Byzantine General problem. It solved the double spending problem. These were valid, extremely pertinent money problems finance had been facing for as long as money had been invented.

Poverty? Legal identity? These are very deep problems rooted in a mire of underlying social, economic, political issues. Perhaps decentralised technology spells an alternative route towards tackling them but can we stop seeing blockchain as the all-reaching God solution?
full member
Activity: 524
Merit: 100
io.ezystayz.com
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 yes blockchain can end all of that problem because with blockchain they earn money and they now afford to buy thier daily needs and with that, the economy of country become better because, even your not educated you can earn money for free, bitcoin can change evrything
newbie
Activity: 98
Merit: 0
The blockchain solves the trust problem in the end!
The blockchain is expected to form a completely decentralized social network. After the formation of such a social network, it means that we can form a trust relationship with the society at a very low cost, so that the operating cost of the whole society is greatly reduced.
newbie
Activity: 25
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member
Activity: 255
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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 think, that Blockchain can solve the global problem of poverty, because it is not so easy. It depends on us, if we would not help and share with those people, not any blockchain will help us.
jr. member
Activity: 107
Merit: 5
If we are talking about the government using blockchain as means of cost-cutting and being more efficient I think it would benefit the poor overall and the before expense being used before can now be shifted to other projects of the government which will benefit the poor and the needy. But I don't think it will be enough to solve the poverty situation overall as I don't think that the expense being save will be big. Solving poverty will always depend on how big and how will the government manage their budget on focusing amd solving it.

I agree with you. Blockchain could help our Government/economy in cost-cutting as it will reduce or even eliminate the cost of middle man or bureaucratic practices in our Government. Because of bureaucracy, Government employees were able to go into corruption. With blockchain, most of this will be eliminated as it will be blockchain to handle the transaction. Human error will also be lessen. This will not eliminate all the problem but it will definitely help to resolve many problems. 
legendary
Activity: 1232
Merit: 1091
But for straight up poverty? That's just ridiculous.

People are ridiculous. They don't understand anything of the tech that's being praised by nearly everyone. I have never seen much value in the blockchain when it comes to non crypto purposes. At best it will offer efficiency, which is great if it helps businesses and organizations cut costs, but what is there for us to gain from it? Technically they don't even need a blockhain. If we look at XRP's network that was tested by Western Union, it didn't turn out to offer much of a benefit at all. Admittedly, there hasn't been much information regarding how they exactly tested XRP's network, and how far they stressed it, but it's quite an interesting outcome, especially when you take into consideration that XRP doesn't have the scaling aspect holding it back....
member
Activity: 416
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Blockchain will definitely help in many areas of life like governments data and more transparency and in banking industry we can see internet next version is blockchain and soon or later we will see more mass adoption for blockchain
sr. member
Activity: 742
Merit: 253
What problem do you mean because here in the world a lot of problems and I think Blockchain will solve the problem in some areas but will not fix the problem as a whole, Blockchain is not a technology that can quickly fix all the problems there must be a stage that must be developed in time not a bit, is not a way out if problems can be solved only with money but must also be filled with more important terms than that, the problem will always exist in every economy that exists today, the great man is very indifferent in the condition of the disadvantaged population, the game always there.
legendary
Activity: 3234
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Blockchain will help in the development of a efficient platform to eliminate the basic problems, particularly with ease the necessity can be analyzed and upon the requirements distribution to the needy can be done in an efficient manner which is impossible and hard to achieve with traditional system.
full member
Activity: 336
Merit: 112
For legal identities, sure. Malta is actually attempting to tie citizens records to the blockchain. It's a huge step and they'll be the first to take it.

But for straight up poverty? That's just ridiculous.
member
Activity: 616
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This is the reason why THEKEY is a great investment. They have the support of the Chinese government to issue identities on the blockchain. They will then spread out to Africa and other areas where it is needed.
member
Activity: 224
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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 does not give a damn about poverty and legal identity. Blockchain is just a public ledger where all transactions are reflected and is accessible by the people. How in the world could a public ledger put an end to poverty and famine? That is a rhetorical question and the answer is IT CANNOT.

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You are right, but I think blockchain can help improve this problem. For example, blockchain technology will be applied to life. Create new jobs. People and governments have more income. This will help improve the lives of so many people.

It is the other way around. Blockchain could demolish jobs. Without the need for third-party entity then banks and such will be no longer needed. If ever they still exist, the job it needs will be lessen. Thus, less employee needed. Think of this as the conversion of manual method to automated.
newbie
Activity: 17
Merit: 0
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?

basic problems? well yes I guess they are after all quite basic
Yes there is a way to fix everything, where this is a WILL they is a WAY and WILL ALWAYS BE A WAY!

I don`t have legal identity and I was born in Canada with a SIN card and birth CERTIFICATE
The randoms coming into my country have more BENEFITS than a man who has FED BILLIONS and is still feeds BILLIONS his entire life, THE MAN is literally outside right now dieing feeding these people and has been nothing but completely fucked by these assholes his entire life. Who will feed the world when he dies? GOOD LUCK CANADA IF YOU KILL OFF THE REST OF MY KIND NO ANGELS WILL BE LEFT TO SERVE YOU! and you all die it is quite the unfortunate TRUTH, but the TRUTH is they need us more than WE ever WILL need THEM.  your fancy houses, your fancy roads queen, your fancy fresh fruit you eat world that all belongs to ME! I DID THE WORK, I PUT IN THE TIME, I PUT IN THE VALUE!

https://www.youtube.com/watch?v=wFfi80pVWgs

haha if you had these guys out there building the walls and foundations for OUR KIND, the walls would fall before they finished! haha makes sense now does it not? CORRECT
How can you call yourself leaders when you don`t even know how to work a SHOVEL! I know how to work SHOVELS! I get to SHOW YOU! DISGRACES!
 
Blockchain and advanced cryptography well they sure can help but there is other ways to help as well, some never even thought of before as the public education has killed off most dreamers. Thankfully I was put in special needs when I was 5 and just ignored all their shit from a young age, cancer cannot grow in the minds of PURE.

-sourced from MYSELF https://twitter.com/ThugLifeBlazer take look at me I AM THE BEAST DO NOT FUCK WITH ME I WILL SNAP ON YOU! I BURN EVERYTHING IN MY WAY! I AM ANTI MATTER BUT I STILL MATTER, you angels are here to serve ME! I AM A HUMAN MUCH BETTER THAN YOU!
newbie
Activity: 236
Merit: 0
I don't think so, Blockchain have application at almost problem of now. And everyone using it look like replacement of normal ways, they have a lot of disadvantages beside advantages. So i think it will be help a little, not almost.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
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?

Nope.
It has been debated a hundred times already.
The blockchain is not some socialist magic wand that will reduce poverty and will grow food out of sand and garbage.

The poor will remain poor and the rich will become richer, the blockchain is just a database, nobody has survived 30 weeks in the desert sucking on his usb stick with a mysql database on it.  Grin

I think the problem is that there are just too many mouths to feed. We live in a planet that has very limited resources and people who tend to horde them from others. I believe blockchains could alleviate the problem by giving people money to spend butbthisnis just a stopgap and not a long term solution. We should look into lessening our population.

Oh, give the poor money and reclaim the riches from the evilz hoarders.
This worked like magic in Venezuela!!!!


Blockchain is not some magic wand that can fix everything, it's just a type of database. Problems like poverty and famine are not cased by databases obviously, they are social problems that need social solutions. Some people believe that blockchain can curb corruption, but it hasn't been tested yet, and it also seems unlikely, because there are many examples of technological attempts to solve corruption fail, because corrupt individuals often find ways to circumvent them.

Some people believe it can curb corruption, stop famine and disease because they have no clue what the blockchain is.
For most people here bitcoins,crypto,bounty,blockchain mean only one thing, money and for them money solves everything.
Unfortunately, the blockchain is not a money printing machine, and some will be hard hit by this reality.

blockchain only answer related to alternative trading problems, digital transactions, work related issues can work as bounty hunter, or buying and selling, is about starvation trying to keep planting or agrarian staple food crops that will be eaten, may be useful and successful for all of us

As I was saying....


member
Activity: 340
Merit: 10
Blockchain is just a technology that aims to reduce the cost of intermediaries enhance the security of transactions.  when you need to buy something.  If you use blockchain there is no need to pay for intermediary services like bank .... blockchain will contribute to improving the world and making the world better.  It can not completely resolve poverty and lack of food.
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