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Topic: [Discussion] Is Blockchain necessary for our future? - page 2. (Read 368 times)

mk4
legendary
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Exactly, decentralized service/protocol already exist far before Blockchain exist. For example, to share data you also could use BitTorrent or IPFS.

Yeap. And oh, I almost forgot: not. every. project. is. going. to. need. a. freakin. token. BitTorrent(the earlier iteration without Justin Sun) is a very good example of adoption without a token.
legendary
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Aside from the financial side, I believe blockchain technology has a future in the healthcare sector. A Blockchain- health record technology would proffer solution to the accessibility of patient data.
I've been hearing about this at least a hundred times since 2017. Which product actually tackles this solution? IMO can't companies developed a private network where one or two of the participant represent the users in this case? A health record is not a matter of security, but privacy too. Using public blockchain would be a disaster if somehow the decryption key was leaked. I don't think blockchain is really necessary for this sector. Just use a more efficient database, or if you still want to call it a blockchain, maybe a private blockchain would be better.
hero member
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Will blockchain become as a pseudo-demand for the future world? What's your opinion on the irreplaceability of Blockchain besides the concept and financial side it brings to the world?

Aside from the financial side, I believe blockchain technology has a future in the healthcare sector. A Blockchain- health record technology would proffer solution to the accessibility of patient data.

With blockchain technology, the reliability of patients health records would not be questioned. As a result, better quality care for patients.

Although the adoption of Blockchain technology in the healthcare sector is still slow because of the several institutional, technical and regulatory barrier, I'm  confident that  in no time it will be accepted.
legendary
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And sure, you can use blockchains for other things. But the question is — is it actually necessary?
I guess it depends really for what you will be use it for , as for a financial side its good as nobody can after a transaction is done can change this !
For Companies like Exchanges this would be something if they run there whole system and platform on a chain , if something happend you can look into the chain what was happend.
But as already written before its not needed for everything.
mk4
legendary
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Sometimes "blockchain" is a bit too glorified. It's pretty much just an append-only database. It's just that Satoshi found a really clever way of taking advantage of such database, and created Bitcoin.

And sure, you can use blockchains for other things. But the question is — is it actually necessary? I don't think blockchains should be used for almost everything. Sometimes(or most of the time), it seems quite unnecessary. And while I think there might be other good uses of a blockchain besides Bitcoin, I'm yet to be impressed.
legendary
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Will blockchain become as a pseudo-demand for the future world? What's your opinion on the irreplaceability of Blockchain besides the concept and financial side it brings to the world?

Please feel free to share your opinions Smiley
I believe the answer to that question is a big Yes. Blockchain innovation will reshare the world and improve future methods and processes for financial system. Knowing how digital advance so far in our modern era, plenty of big fish or firms will inject funds to more upcoming development and projects.

In my opinion, the world as we know it will surely get to the stage where adoption to bitcoin and blockchain projects are imminent.
newbie
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Have get in touched with Blockchain since 2020. Personally speaking, I believe that it's splendid and will help us reshape the world.

However, recently I started thinking one question: how can Blockchain show its necessity in the current world besides the "decentralized" concept? For example, in the current internet world, people had get used to centralized storage and cloud services, there seems no need to pay extra money and attention to develop another technology that can help them to do the same thing (Such as Filecoin, Arware and Swarm). The same situation occurs in various areas such as data transfer and information security.

Will blockchain become as a pseudo-demand for the future world? What's your opinion on the irreplaceability of Blockchain besides the concept and financial side it brings to the world?

Please feel free to share your opinions Smiley
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