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Topic: Do we need blockchain technology? - page 11. (Read 11532 times)

full member
Activity: 826
Merit: 100
October 10, 2018, 12:51:28 AM
I don't care about how highers of technology by blockchain, I am focus on how can I increase and take much profit with bitcoin and altcoin investment, trying buy altcoin or bitcoin at lower price and keep selling when higher price of bitcoin or altcoin. Always doing the same thing every day.
i know what you mean. as long as there is an opportunity to make money, then it is used as well as possible. like blockchain technology, which carries cryptocurrency. but we need to remember that blockchain has been used in several companies to support its activities
member
Activity: 532
Merit: 10
October 10, 2018, 12:40:39 AM
I don't care about how highers of technology by blockchain, I am focus on how can I increase and take much profit with bitcoin and altcoin investment, trying buy altcoin or bitcoin at lower price and keep selling when higher price of bitcoin or altcoin. Always doing the same thing every day.
hero member
Activity: 1358
Merit: 538
dont be greedy
October 09, 2018, 11:30:42 PM
in that case, some businesses don't really need blockchain, but for financial reasons, the existence of blockchain is needed by everyone
because the other function of blockchain is to make all transactions that occur, safer, cheaper and faster. Everyone must be able to use blockchain in the right interests, not in advertising systems, blogging and so on, where there are already centralized parties that are already perfect, although there must also be those that require transparency and require using blockchain
full member
Activity: 476
Merit: 100
October 09, 2018, 11:18:01 PM
Well, ICOs means that more and more opportunities for crypto currency to grow by competition. But then again, most of these crypto currencies that make it to the exchange doesn't survive long enough to be of any use or even achieve adoption. They're usually pumped then a huge down trend to becoming s sh*tcoin.
newbie
Activity: 134
Merit: 0
September 20, 2018, 05:11:23 AM
Hello everyone

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.


There are too many projects that seek to collect funds in the name of Blockchain technology, while few are adopting the Blockchain to solve real life problems and only these kinds of Project would survive in the future. You don't have to worry about that anyway,I advice anyone in these space, "do not invest into some garbage ICO"
jr. member
Activity: 197
Merit: 3
September 20, 2018, 03:49:30 AM
Blockchain is distributed ledger based technology which is more secure and trusted than any other technology,  It is faster, open source no need special permission to come into blockchain world. There are many applications where blockchain can be used for i.e. financial institutions, Dapps, supply chain and logistics and many more. wide number of application.
and today many government and institution begin to implement blockchain technology in their field.and maybe on 2020 could be moment for implementation blockchain technology in any fields.
jr. member
Activity: 197
Merit: 3
September 20, 2018, 03:45:01 AM
Blockchain is distributed ledger based technology which is more secure and trusted than any other technology,  It is faster, open source no need special permission to come into blockchain world. There are many applications where blockchain can be used for i.e. financial institutions, Dapps, supply chain and logistics and many more. wide number of application.
and today many government and institution begin to implement blockchain technology in their field.and maybe on 2020 could be moment for implementation blockchain technology in any fields.
full member
Activity: 812
Merit: 108
September 20, 2018, 03:36:34 AM
Blockchain is distributed ledger based technology which is more secure and trusted than any other technology,  It is faster, open source no need special permission to come into blockchain world. There are many applications where blockchain can be used for i.e. financial institutions, Dapps, supply chain and logistics and many more. wide number of application.
member
Activity: 308
Merit: 11
September 20, 2018, 12:24:00 AM
The technology of blockchain is very useful for humanity in this age of the Internet. It helps solve practical global issues, primarily information on a global scale, helping to secure a large database for public viewing and use on the Internet. Crypto currency, this is only a small part of the application of this technology.
member
Activity: 728
Merit: 11
https://streamies.io/
September 19, 2018, 11:07:28 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.
 
They use Blockchain technology because this is the technology of the future. Some transactions will become faster and those businesses want to promote blockchain technology worldwide and that is why. Blockchain technology is really needed for the future and ICO project owners are just wanting to seize the tremendous opportunity to get rich.
full member
Activity: 602
Merit: 100
September 19, 2018, 11:03:36 PM
Tsukuba city government, Japan. Successfully try blockchain based collection system. This trial was conducted on 28 August. In the voting system, it is carried out using an identity card in a decentralized network typology.

Maybe it's one of the benefits of Blockchain technology that is applied to many people.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
September 19, 2018, 08:15:26 PM
Well, there are too many social media on centralized servers why not on Blockchain? Don't you think that having Steemit as the only Social Media on Blockchain  is equally Centralization?
Free market should be allowed to thrive on Blockchain not just on centralized Internet.
sr. member
Activity: 546
Merit: 250
September 19, 2018, 09:29:10 AM
Throughout history, man has always sought and found better things. People don't confine oneself to for things , they always try to invent new things about the future. Blockchain technology will enable all sectors to work better.
Blockchain is innovative system for transaction records. It means that it is secure and safe since every amount is being digitalized and logged into a ledger where anyone can view and check, it can avoid the falsification of records and corruption among organizations. I think blockchain will be beneficial to economic aspect of a particular country specially when properly regulated.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
September 19, 2018, 07:10:33 AM
The technology of the future is unequivocally necessary, because it will bring a lot of new things with which people will work safer and more profitable.
newbie
Activity: 70
Merit: 0
September 15, 2018, 05:55:30 AM
This is the time also that we accept the reality, even though digital currencies not takes place over fiat but it is necessary to be a part of this. Blockchain technology bring us into a new beginning, having a new life style.

even though I don't like the banking system, but the world needs an independent system where blockchain is able to make everything transparent in every transaction that happens, but blockhain has a process loading problem if it experiences a surge in transactions, this is a big problem if the world starts using it massively, at least this needs to be handled first.
newbie
Activity: 56
Merit: 0
September 15, 2018, 05:16:54 AM
This is the time also that we accept the reality, even though digital currencies not takes place over fiat but it is necessary to be a part of this. Blockchain technology bring us into a new beginning, having a new life style.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
September 13, 2018, 04:30:39 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.


In my own point of view, yes we need blockchain in our society. It is to help the lower class in the community invest and have a share on a business which is done most of the rich people. Blockchain revolutionize entrepreneurship into the next level where everyone is open to invest.
sr. member
Activity: 1134
Merit: 254
September 13, 2018, 04:21:55 AM
Yes ofcourse we need a blockchain technology, in order to record all the transactions easily and making it more formal to see. And also with the help of the technology, the recording will be more easier  for the recorder.
well, blockchain technology allows us to send quickly, with a low fee. for the time being, I was able to read several developed countries developing this technology to be utilized in the future. Hopefully this can be replicated by other countries.
newbie
Activity: 69
Merit: 0
September 13, 2018, 04:14:33 AM
So when you look at some private blockchain project, you will quickly understand that it's very different from Bitcoin, it lacks all it's defining features and just don't bring anything new. In its core, private blockchain projects are just application of digital signatures via public key cryptography and databases distributed between some participants of the network. So, private blockchains can't really compete with Bitcoin.
sr. member
Activity: 588
Merit: 257
September 09, 2018, 05:30:38 AM
Throughout history, man has always sought and found better things. People don't confine oneself to for things , they always try to invent new things about the future. Blockchain technology will enable all sectors to work better.

Thats most simple yet completely self acquired answer. Yes, human is always in the need of betterment and this is what Satoshi might have thought when he programmed the code for blockchain. All he wanted to have is smooth peer to peer transactions with no limits on it and no extra efforts to have security in them. He achieved it but also gifted the world a technology which now can be used in all the sectors related to information technology. This is also evident from the facts that how we see new companies are emerging based on it in the form of ICO. Many of them have made themselves a best shot now and many more will come to reality soon.  Yes we do need this tech for sure.
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