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Topic: Do we need blockchain technology? - page 9. (Read 11532 times)

jr. member
Activity: 154
Merit: 1
October 15, 2018, 03:55:40 PM
Blockchain technology expands the boundaries of business and trade relations and brings them to a new level. Therefore, now startups based on blockchain are appearing more and more often. They save their costs and therefore their goods and services are more accessible to ordinary citizens.
member
Activity: 224
Merit: 10
October 15, 2018, 03:24:21 PM
Well, I think the question should be "do we need all those shitcoins that have no use?". Because obviously blockchain technology is very helpful and it can improve many spheres a lot, and the existing of shitcoins doesn't really tell us anything about blockchain.
sr. member
Activity: 339
Merit: 250
October 15, 2018, 02:32:37 PM
I think however we still need blockchain technology. Currently blockchain technology continues to grow and this will be a new way for a more modern era. I think blockchain technology will continue to develop and further increase public enthusiasm for this technology. Because this modern era will make things even more sophisticated. That's my opinion.
member
Activity: 378
Merit: 10
October 15, 2018, 12:26:27 PM
Need or no we will never know precisely of the individual reason without any research or investigation to the partinent. When we show the development of technology, it has been unavoidable issue in the sophisticated era because blockchain is coming and brings the simplicity and transparent way. Regardless it is needed not, I believe that blockchain has huge potential offered to the customer. It will more rapidly improve.
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
October 15, 2018, 11:12:42 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.

Well the real use case will takes time to be real, its true right now there is seems no real case but it does started to emerge, wallmart are using IBM for blockchain technology to track the food supply, i believe in next year more company will follow and there will be common thing in 2020.
sr. member
Activity: 462
Merit: 250
bvo.trybravo.com
October 15, 2018, 10:47:43 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?


You should have stated this question in another way: do we really need all those shitcoins?
Blockchain itself is something revolutionary, but if every pizzeria generates its own coin this will lead to chaos.
member
Activity: 714
Merit: 11
BountyMarketCap
October 15, 2018, 10:21:25 AM
I think it will be interesting if blockchain technology is implemented in the banking system, and to pay the government and employees through the system so that their wealth can be recorded in the blockchain ledger (in this case I mean basic salary).
member
Activity: 770
Merit: 12
Trphy.io
October 15, 2018, 10:10:00 AM
yes of course bitcoin technology is needed to record all financial transactions used throughout the world, I really hope blockchain technology can be used and applied to all financial platforms so that transactions can make it safer and more comfortable.
besides that with a transparency system, we can check transaction history. and this is really done alone without a third party. so i think it will be safer and faster because it uses a decentralized system
newbie
Activity: 57
Merit: 0
October 15, 2018, 09:02:35 AM
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
Yeah we need blockchain technology because I heard that with the use of blockchain technology thins will be more easy and we will feel comfort while using Blockchain in the future. Time is near that people will use blockchain technology. Understanding this technology is not easy because one of my friends is doing his Ph.D. degree in blockchain technology.
hero member
Activity: 924
Merit: 500
October 15, 2018, 03:16:35 AM
yes of course bitcoin technology is needed to record all financial transactions used throughout the world, I really hope blockchain technology can be used and applied to all financial platforms so that transactions can make it safer and more comfortable.
newbie
Activity: 42
Merit: 0
October 15, 2018, 02:58:24 AM
Blockchain technology is a revolutionary innovative technology that, if used correctly, can make positive changes in the economic sphere and trade relations.
Of course we need. Bitcoin and blockchain both are necessary for each other. Bitcoin is nothing without blockchain.  Its a new technology and  the future of banks.  
jr. member
Activity: 94
Merit: 2
October 15, 2018, 02:54:08 AM
Blockchain technology has become very popular since the price of bitcoin soared in December 2017. At that time its name was increasingly known to the public. However very rarely do people have a clear idea about this technology.

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.

If I had a company, I would implement it into the financial system which's in my company. Because, blockchain technology is very reliable in automating hundreds of transactions, even if only in seconds.
Actually with blockchain technology bitcoin is more safer than other wallets there's security is to much high ad more secure. I heard most of people use blockchain on their business.
member
Activity: 606
Merit: 10
October 14, 2018, 11:49:03 PM
I am not really care about how growing fast of blockchain technology, sor far I just keep and think how to get good altcoin for investment and buy with lower price then sell at higher price, never think how to use of blockchain technology.
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
October 14, 2018, 11:30:02 PM
I think different blockchains for specific markets makes the market more competitive. All these competitiveness benefits us consumers in the end. Besides, if a blockchain survives after its ICO, it will die after a year without a strong project to back it up. It is a natural dynamic for weak ICOs to weed oht the weak ones.
full member
Activity: 434
Merit: 100
October 14, 2018, 05:23:28 PM
if you tell people how much this protection system is perfect at the moment, it will be their requirement, which will have to provide the market
sr. member
Activity: 742
Merit: 253
October 14, 2018, 04:49:06 PM
of course we really need this technology, with Blockchain, everyone can transact directly with a peer-to-peer system. This removes the weakness of centralization and builds better transparency. Both parties who conduct transactions can access data, and it will become increasingly difficult to disrupt the system when the system is technically spread throughout the network.

member
Activity: 294
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!
October 14, 2018, 12:38:25 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.

Ads and social networks on blockchain are indeed useless, but I would pay more attention to projects dealing with big data and maybe cyber security.
Anyway, natural selection will do its job - coins that are demanded will survive, any others will die.
sr. member
Activity: 644
Merit: 250
October 14, 2018, 06:20:51 AM
Blockchain technology can bring disruption in may sectors specially the ones which requires record keeping in a transparent way. These sectors can be from anything between various finance models to supply chain to property dealing etc etc. Blockchain tech is a revolution and it has long to go.

Various ICO that are coming nowadays are bringing in shit built on blockchain (where blockchian isn't actually needed) just because the tech is hot. I have seen company's shares soaring when they integrate blockchain in their system. People are putting in money on the name of blockchain, then why won't there be shit projects and scams specially in crypto market where it all started.
jr. member
Activity: 282
Merit: 4
dApps Development Automation Platform
October 14, 2018, 06:15:22 AM
I really hope that this technology will help us a lot in the future. I am sure that with its help we will be able to defeat corruption.
legendary
Activity: 1050
Merit: 1001
October 14, 2018, 06:03:00 AM
Of course we need blockchain technology, making all transactions clearer and more transparent. That's why currently blockchain is in the interest of large companies and large companies spend billions of dollars in R & D work.
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