Do we need blockchain technology? - page 7.

cotton ball

sr. member

Activity: 1288

Merit: 253

Quote from: trako on October 19, 2018, 07:53:33 AM

People's expectations form the need. so is capitalism. it creates a problem for you and tells you its solution. and sells the solution to you. consumption. blockchain yes a great system. but technology has no end. a more perfect system in the future will be a system perhaps easier. safer.
saved us from the bondage of a central authority. I'm grateful to the blockchain system. but better systems will come. I'm waiting. and I believe.

implementation will collide with a legitimate financial system today, many people don't want it because every policy must also benefit the country in any way, capitalism is an important part of this era.

Blockchain will contribute a small part of the gradual change by the government that began to take the initiative, but there has been no major movement until now. We need blockchain to change policies and transparency systems healthier.

Commotheon

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Quote from: cizatext on October 18, 2018, 03:23:58 PM

You are right and so many of this projects are the cause of all the crises we are having on the blockchain network and also this have lead to high rate of scam project due to their inability to get use in the real life like making it to the exchange and staying on the market and be able to increase in value, mean while the blockchain is now over congested.

All projects are fake and they need people to invest and stole there money. You should only believe in block chain technology. Yes we really need it because its the only way where can store our coin and use them without any worried.

Akoldi_ibk

jr. member

Activity: 1050

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Blockchain technology in all its glory is still an infant and like any other giant technology we have today, it will undergo its growth and development stage which will take a while before its full potentials manifest. The idea and concept (decentralization and anonymity) governing this tech makes it possible to fit into any aspect of human except spirituality. I believe developers are trying all their best to find the true link between this tech and real life usage. So don't worry, everything will connect. Blockchain is never useless.

jestbenen8

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Activity: 82

Merit: 2

Quote from: clickerz on October 12, 2018, 07:34:22 AM

Quote from: sandra_x on October 11, 2018, 07:11:35 PM

The truth be told, not everything has to be on the blockchain, and if we take this into consideration and remove greed, we will certainly have few projects being launched through ICOs. And people could use the blockchain without tokenizing any asset on it, blockchain has some useful real life application such as monitoring a supply chain, securing data or records and of such applications

I agree here. There are many compelling applications of bockchain technology especially in record/data keeping as it is immutable. It can be use for election too and in any industry. Blockchain can speed up transaction,and help a lot in remittances and financial system.

Of course we need this technology for our comfortable future. Due to this technology everything will be digital like your camera and mobile. We will feel more easiness in life. But to understand this technology we need long time because it is very complicated and even the governments do researches to know blockchain technology. This will be a new era and I am waiting for this technology anxiously.

trako

hero member

Activity: 756

Merit: 505

People's expectations form the need. so is capitalism. it creates a problem for you and tells you its solution. and sells the solution to you. consumption. blockchain yes a great system. but technology has no end. a more perfect system in the future will be a system perhaps easier. safer.
saved us from the bondage of a central authority. I'm grateful to the blockchain system. but better systems will come. I'm waiting. and I believe.

Wall_Streeet

jr. member

Activity: 252

Merit: 1

it is these cryptocurrencies that are created in vain, allow to give an understanding to unqualified investors that not every cryptocurrency is worth their investments

iv4n

legendary

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This question in headline is same like question do we need cars? Or do we need computers? Harsh truth is that we don`t need this things, we don`t need many things but anyway we produce and use them. It should be simple, all this things should be helpful to mankind, but are they? Why don`t we drive same cars, why don`t we have same computers? Why some people needs to have better cars, better clothes, better everything or bigger? Just for the prestige? That`s the thing with humans, everything is one big competition, who is better, who is bigger, who is smarter, so now we have so many projects and all of them wish to take first place, serving humanity is on second place. We need blockchain, but we don`t need so many projects, in my opinion it`s better to be concentrated on few good ones, than on all of them.

margaret22

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Activity: 196

Merit: 10

Blockchain is a great technology, but I agree with your thoughts. All ICOs launching a utility token, triy to explain, why their token is needed in their System, but in most cases, their argument is very strained. Probably the real reason of the ICO is, that it is the easiest way to raise money for a startup. There are exceptions of course.

ngano ba

jr. member

Activity: 280

Merit: 1

Yes ,blockchain technology should be needed by every ICO in this cryptocurrency world because , blockchain technology could really improve the differrent kind of business wherein it can be of help for data storages of that ICO projects or even other business it utilizes the bitcoin technology.

Jerryzack2

newbie

Activity: 69

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Quote from: stunvn on August 24, 2017, 07:38:16 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.

We need blockchain if you can clearly see the beauty of the distributed ledger technology in action. The problem is, we are having so many ICOs and projects simply build with the aim of getting to exchange and not focused on usability or product delivery. If we have the top100 fortune companies and some governments deploying blockchain, I think their must be something unique about blockchain. The success of a project like Mfchain will make people appreciate blockchain even more, seeing the mass adoption and solution based approach Mfchain is bringing to finance and payments. We need projects that will deliver value and bring blockchain to the people.

Anies_Sandi

sr. member

Activity: 700

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Quote from: maku on August 24, 2017, 08:01:13 AM

We need blockchain technology it is something new unique and beneficial. Do we need all shitcoins and useless project based on blockchain technology? Not really.
But market and life will verify everything, worthless projects will be abandoned and die out, there is no need to worry.
I am sure that people were asking the same thing about the internet - why do we need it when there are so many useless websites around?

of course blockchain is an economic system that uses the development of the times and technology and the possibility that in the future the system will be adopted by the government for economic progress that requires technological advances and the development of the times

GemmaJon

newbie

Activity: 33

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blockchain which is a phenomenal innovation , great invention, , is applied in many aspect in our life. Without them , it is hard for us to control huge data , such as in medial industry , finance company or in real estate

BennyK

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Blockchain offers incredible services which cannot be forgone in our contemporary world. Through Blockchain, a lot of businesses and ideas have become a reality. With Blockchain, healthcare services can now be accessed anywhere across the globe through the utilization of Blockchain powered apps like the Docademic (MTC). A lot of innovative ideas which pose solutions to man's long standing problems are now being generated with the help of Blockchain.

andika2018

member

Activity: 700

Merit: 10

Blockchain different with cryptocurrency. Cryptocurrency is needed if we want make our transaction more faster and cheaper and its more secure than fiat money. Blockchain needed if we want our bussiness more eficient and more transparant

yvesp110

hero member

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Quote from: hero1111 on October 18, 2018, 09:26:48 AM

Universities start to give education about Blockchain technology and it shows us blockchain technology will be future technology. There are many useful functions in Blockchain technology and these functions will make us live easy it is our reason why we need blockchain.

it is good step to teach about blockchain to all student because they are going to be our future investors and traders so they actually need to know what blockchain is and how they can use it, in these days of smartness we really need blockchain for the fairness and transparency of our fast transaction, all ICO project that are existing in the market uses blockchain technology for transaction.

cizatext

member

Activity: 952

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You are right and so many of this projects are the cause of all the crises we are having on the blockchain network and also this have lead to high rate of scam project due to their inability to get use in the real life like making it to the exchange and staying on the market and be able to increase in value, mean while the blockchain is now over congested.

BitcoinTurk

hero member

Activity: 1666

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This technology has entered our lives so fast that unfortunately, the whole world has not been able to adapt to this system. In addition to the ease of use and the innovations and facilities it offers to our lives, we can see that this technology is now in every aspect of our lives. In a very short period of time, blockchain technology and similar technologies have become so widespread that we can see these innovations from the health sector to the education sector. This technology, which is an important step in terms of technology, will undoubtedly make our lives easier and it seems likely that it will add innovations to our lives in the future.

Ladysmith

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Merit: 16

Blockchain is extremely useful in finally creating a world democracy, giving opportunity to everyone regardless of place of birth, and culling corruption in businesses and governments, which is the cause of many of the world's problems.

maemunah

sr. member

Activity: 672

Merit: 250

of course because the existence of the blockchain system can make it easier for us to make transactions that are faster and safer too, because blockchain technology is transparent and will be used by many companies later

Vinz1978

member

Activity: 225

Merit: 10

Quote from: stunvn on August 24, 2017, 07:38:16 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 the first place without Blockchain technology there is now Bitcoin or crypto currency for sure. But because of this technology the world of decentralization has begun to spread out all around the world. Also some of the company which is traditional they accept and applied Blockchain to their business. it could be that for some other people who don't understand yet what does the blockchain all about, they can say its not necessary, but if they find out the catch of it for sure they will also realize that blockchain in our time is needed.

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