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Topic: Do we need blockchain technology? - page 5. (Read 11561 times)

full member
Activity: 184
Merit: 100
Bitcoin FTW!
November 02, 2018, 05:42:54 AM

Re: Do we need blockchain technology?
no we dont, bitcoin does
people often forget that requirement to blockchain to work properly is to have super computer power securing it
jr. member
Activity: 252
Merit: 1
November 02, 2018, 05:38:15 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.


if it is useless, it wont be so many people enthusiastic about it.
full member
Activity: 1316
Merit: 108
November 02, 2018, 12:05:13 AM
Blockchain technology is not only a cryptocurrency. Although here your reasoning is also not entirely correct. We need a lot of different types of tokens, they have a real product and a great practical application. However, the development of their projects will occur over the years. You, apparently, need everything now and immediately. This does not always work.

For the first time, blockchain technology creates the possibility of uniting general information across the entire planet, which can be used in real time and in rapidly changing conditions due to the fact that these large databases of various information can be stored on the Internet absolutely safe and this security is provided by the blockchain technology.
member
Activity: 336
Merit: 10
Harmony for One and All
November 01, 2018, 09:45:21 PM
blockchain are technology that we needed in the future, this thing is still in development but we realize that we need some fast transaction in economical and blockchain giving us that technology that can make it happen, but still like i said is still in developement for complete, need a time to using it full progres
hero member
Activity: 1722
Merit: 528
November 01, 2018, 09:29:55 PM
I dont think any country or economy can live peacefully without blockchain technology. We all have to get a feel of how blockchain technology will positively help the economies worldwide.

Blockchain is a technology, the most common definition of it is the application of science to make our lives more easier and efficient. It maybe great to have this in a country it is not really essential for living.

The same as other technology, it is really great to have them but I don't think we can say that people can't live without it, right? We can just say that we can't live with without it since we are used to have technology in our lives. I know that it is essential in a country since most of their activities is really needing a technology with them but in terms of living, it is not really essential.
full member
Activity: 826
Merit: 100
November 01, 2018, 09:21:21 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.


Definetly,if you are a blochain lover you need the blockchain technology,even though your still consisting on how many struggle into this drought day of crypto,otherwise not all the time its still in the rain,maybe soon the sunshine coming for us,so we must still hold on and wait the moment when the market will going back growth again.
i think there are many who know blockchain, and they know its advantages, including banks and large companies. Our hope is that blockchain will bring cryptocurrency into it
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
November 01, 2018, 07:50:19 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.


Definetly,if you are a blochain lover you need the blockchain technology,even though your still consisting on how many struggle into this drought day of crypto,otherwise not all the time its still in the rain,maybe soon the sunshine coming for us,so we must still hold on and wait the moment when the market will going back growth again.
full member
Activity: 434
Merit: 101
October 29, 2018, 06:17:11 PM
As far as i have read about articles online that prove blockchain technology to be helpful in boosting ones economic status of a country and operations of companies that embrace the said technology. With that, i can conclude too that blockchain technology is really important technology in this era.
jr. member
Activity: 227
Merit: 1
IQCash
November 01, 2018, 07:50:15 PM
Blockchain is needed irrespective of the economic status of a country. It helps businesses to improve upon their payments. Also, Blockchain allows people especially the low class in our societies to invest and make profits in projects. This is the true definition of revolutionizing entrepreneurship by Blockchain.
member
Activity: 798
Merit: 10
November 01, 2018, 07:01:06 PM
Blockchain technology is very useful and can implemented in bussiness and government service. Its keep security on the data and i think blockchain technology needed to make more eficient and creating a transparant system
full member
Activity: 812
Merit: 108
November 01, 2018, 12:20:32 PM
I think for make data more secure we need blockchain technology because this technology provides such a decentralised p2p solutions for storing data into decentralised storage. if you have private key than only you have the access of data. Now a days we are storing data on cloud which is not secure at all. BUT blockchain can be the solution.
newbie
Activity: 84
Merit: 0
October 30, 2018, 12:23:19 AM
For a lot of project blockchain is a complete waste of resources. I do not need a blockchain to count the apples on my appletree. But for some complex (financial) applications blockchain is the most important invention since eh applications
Blockchain is an important source in IT community and most of business man use this technology to get profits.
member
Activity: 294
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!
October 29, 2018, 06:05:38 PM
We do really need blockchain technology because it is not only about digital currencies - it can be utilized in various spheres of our life starting from data storage and ending with the elections system.
Do we need all those tons of altcoins? Of course no, and life will set things straight and let survive only those alts that are supported by a clearly demanded product.
All in all, I personally continue believing in the long life of blockchain and wait eagerly for all the news regarding its use in everyday life.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
October 29, 2018, 05:48:14 PM
Before asking why do we need blockchain technology, I would like to answer what blockchain technology really is? Blockchain technology is digitized, decentralised and public ledger of all cryptocurrency. It can be used in tracking, recording and etc. So why do we need it? Because in transaction, we need a fair and seeing our transaction on a block can give by blockchain technology.
full member
Activity: 910
Merit: 100
October 29, 2018, 05:05:37 PM
Blockchain technology is a breakthrough in technology. This is the new invention which in the future will be able to solve a lot of important problems due to its functionality and transparency. I think the future is behind this technology.  It's only at the beginning of its path but it has already managed to win its place in the modern world, as already a large number of companies use it in their work.
member
Activity: 270
Merit: 10
October 29, 2018, 04:43:25 PM
I dont think any country or economy can live peacefully without blockchain technology. We all have to get a feel of how blockchain technology will positively help the economies worldwide.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
October 29, 2018, 03:32:28 PM
Blockchain technology can work with transparency which of course will make many developers from every existing institution apply it, so I can say blockchain technology is really needed. What's more, we can also minimize corruption with blockchain technology, which is indeed transparent, so I'm sure at least economic growth will also increase and be more transparent.
sr. member
Activity: 672
Merit: 253
October 29, 2018, 03:24:04 PM
Blockchain is not invented to count your apples on the tree. It will help to reduce control of big investors and goverments of traditional markets and commissions of transactions and payments, because it does not rely on a centralized system.
member
Activity: 415
Merit: 10
October 28, 2018, 01:15:26 AM
This is for sure, your understanding of the blockchain is not enough. This is the second revolution in the Internet. This is a technological innovation. Know how the Internet changes humanity. This time the arrival of the blockchain will make the world a better place.
jr. member
Activity: 94
Merit: 2
October 27, 2018, 04:33:25 AM
For a lot of project blockchain is a complete waste of resources. I do not need a blockchain to count the apples on my appletree. But for some complex (financial) applications blockchain is the most important invention since eh applications
Blockchain is more than our thought. Most of people use it just for store their money. I know it has highly security and we can say that our money in protected but ever thought about more feature of blockchain?
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