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Topic: Do we need blockchain technology? (Read 11532 times)

member
Activity: 175
Merit: 11
August 23, 2019, 09:07:27 AM
We need blockchain technlogy but it overhyped now. Almost every sratrup are talking about blockchain without real usecases
sr. member
Activity: 1610
Merit: 372
August 21, 2019, 12:04:52 PM
We need real adapted convenient projects. So far, cryptocurrency is only in the way of its development, which, it seems to me, is going quite slowly.
This means that a more convenient and faster technology appears, it may well replace the blockchain with itself.

Coins are made when they stop pouring money into them, which means that soon a lot of shitcoins will leave the race.
legendary
Activity: 2436
Merit: 1104
August 17, 2019, 12:29:09 PM
no we dont really  . other service can function properly without blockchain  but when it comes to crypto currreny its not possible for them to live without blockchain so yes we need it  .

 we are also aware about those shitty projects that you mention but they arent bothering at all as they can be easily ignored  . they cant harm you and they cant also harm those good projects so let them live normally , you know their owners also wants to profit .
blockchain is not only for cryptocurrency, but many uses for sending data for example. Moreover, there was once the idea that an election using a blockchain system would certainly speed up vote counting, besides that blockchain can also be a backup of data on government systems. I think blockchain technology is needed in daily life



and here is an example of where block-chain can be used other than crypto-currency link: https://bitpinas.com/news/students-university-san-carlos-usc-cebu-wins-international-blockchain-olympiad/

also block-chain and crypto-currency is not bound together that if one is not with the other it will cease to function. block-chain is a versatile technology which can be used to a lot of fields.
hero member
Activity: 1862
Merit: 830
August 17, 2019, 06:51:32 AM
Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.


Please enlighten me.


Block chain is quite different , it is not cryptocurrencies, thus no matter what we cannot associate it entirely with the cryptocurrencies just because they are the most popular aspects in the public eye.
You should understand that blockchain have been supporting from environment conservations to a normal hospital , it is making things way easier for everyone ... The question is do we really need blockchain?
Yes ofc we do !
Google it a lil , you will find as many as 50 places it's being used today .
full member
Activity: 1750
Merit: 118
August 17, 2019, 02:26:23 AM
no we dont really  . other service can function properly without blockchain  but when it comes to crypto currreny its not possible for them to live without blockchain so yes we need it  .

 we are also aware about those shitty projects that you mention but they arent bothering at all as they can be easily ignored  . they cant harm you and they cant also harm those good projects so let them live normally , you know their owners also wants to profit .
full member
Activity: 462
Merit: 100
December 20, 2018, 08:52:58 PM
If you  believe in bitcoin then I know that you also believe in the use and purpose of bockchain. Blockchain will be a great help especially in the field of finances. bills payment and also payment for services-- these are just some of the use of blockchain technology . It makes everything so much easier.
sr. member
Activity: 1638
Merit: 300
December 20, 2018, 07:58:06 PM
There might be shit coins been paraded as ICOs, without even any real life usage. But that doesn't mean we should discredit the blockchain technology. It doesn't have to be Cryptos alone. It entails other services too.

There a lot of shit coins already in the market not really prioritizing the use or purpose of the coins but just to earn money from the project. This should not affect the blockchain technology, they are jusy using the fruit of Blockchain technology and it still has a lot of functions to be done in a country.
jr. member
Activity: 322
Merit: 2
December 20, 2018, 07:52:01 PM
There might be shit coins been paraded as ICOs, without even any real life usage. But that doesn't mean we should discredit the blockchain technology. It doesn't have to be Cryptos alone. It entails other services too.
newbie
Activity: 182
Merit: 0
December 20, 2018, 05:50:39 PM
   For me is yes, I think this is a new version of internet sometimes bored or pathetic on internet so it can try it and be more users friendly. Maybe it can help you for the future for you and for your family. You can discover a lot on how to deal it , trading , engaging a very big community in the history and how to earned big in the blockchain system.
legendary
Activity: 2128
Merit: 1775
December 20, 2018, 04:58:18 PM
In the world of Blockchain cryptocurrency technology The general way is very necessary to facilitate the sending, receiving, storing, and trading of digital currencies such as Bitcoin, wallet, ico and other coins, this requires each other and is useful I think Blockchain is very importanneed if you look at the technology of today's sophisticated era.
sr. member
Activity: 868
Merit: 289
December 20, 2018, 04:45:36 PM
Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.


Please enlighten me.


Well I guess you must know the benefits first of the blockchain technology. Remember that with it bitcoin will never be created as well.
Meaning, bitcoin and Blockchain has a connection to one another. Only the business owner who understand what blockchain is will adopt iots concepts. And as we all know that blockchain too are decentralized and no wonder why most of the government are against with it.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
December 20, 2018, 03:40:47 PM
The blockchain technology can be used in many other projects that can change all aspect of our lives. The blockchain is the protocol behind the crypto economy but has other uses that will give transparency and efficiency.
Agreeing with the statement I must say that we are in need of those useful technologies. We should promote it as much as possible because it is goanna be the base of business lights. Now some companies are issuing the salaries through blockchain which could appear as contribution in huge price graph of bitcoin so same as you I think we need this technologies.

I am agree with your opinion regarding the usefulness of blockchain technology. Currently Western Union payment network is busy with testing the blockchain for fast-forward payment solutions. Paying salaries is not look like real contribution to society if we gonna consider the trouble,problem factor during paycheck period.
sr. member
Activity: 994
Merit: 252
December 20, 2018, 03:18:41 PM
The blockchain technology can be used in many other projects that can change all aspect of our lives. The blockchain is the protocol behind the crypto economy but has other uses that will give transparency and efficiency.
Agreeing with the statement I must say that we are in need of those useful technologies. We should promote it as much as possible because it is goanna be the base of business lights. Now some companies are issuing the salaries through blockchain which could appear as contribution in huge price graph of bitcoin so same as you I think we need this technologies.
sr. member
Activity: 854
Merit: 250
December 20, 2018, 12:45:29 PM
the possibility can happen without anyone knowing it and the blockchain technique was created with economic and technological developments so that in the future it will be needed
Pab
legendary
Activity: 1862
Merit: 1012
December 20, 2018, 12:40:46 PM
Whatever we need or not blockchain will our daily life
Many will not know that they are using services supported by blockchain
China already is using blockchain for food tracking
now they are developing blockchain to protect intellectual properties from spying
there is estimate that blockchain industry value will reach over 2 trillion dollars
 
newbie
Activity: 14
Merit: 0
December 20, 2018, 12:39:55 PM
There are projects that we dont need, thats right... These projects have no future. But there are some that bring us new tech, something that we've never even dreamt of... Blockchain is future.
full member
Activity: 812
Merit: 108
December 20, 2018, 12:18:25 PM
Yes we need because there are certain things in the centralised system that only can be solved by decentralised system i.e. Corruption, theft of personal data and blockchain can change the banking industry like never happened before.
But still most of companies don't want to implement blockchain because of controversy of crypto but there are more than enough applications of blockchain rather than only crypto.
copper member
Activity: 346
Merit: 100
December 20, 2018, 11:28:09 AM
all of this is a consequence of all the many blockchain service innovations that are abusing or preliminary experiments to find out how far blockchain technology works,
but there are also certain people who use blockchain technology with elements of laundering and fraud.
sr. member
Activity: 376
Merit: 251
December 20, 2018, 10:46:20 AM
Technology needs to be adopted and blockchain is one of it. This includes the dependency of the company or government that will start to use it within their system. If they want to give people transparency then they should start using it but if they don't want to, they can also adopt it but they don't have to publicize it.
full member
Activity: 644
Merit: 102
December 20, 2018, 04:02:38 AM
The blockchain technology can be used in many other projects that can change all aspect of our lives. The blockchain is the protocol behind the crypto economy but has other uses that will give transparency and efficiency.
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